Alliancebernstein LP Trimmed Its Ugi New (UGI) Holding; Last Week Synchronoss Technologies, Inc. (SNCR) Analysts

March 15, 2018 - By Hazel Jackson

Alliancebernstein Lp decreased Ugi Corp New (UGI) stake by 24.86% reported in 2017Q3 SEC filing. Alliancebernstein Lp sold 93,255 shares as Ugi Corp New (UGI)’s stock rose 1.31%. The Alliancebernstein Lp holds 281,831 shares with $13.21M value, down from 375,086 last quarter. Ugi Corp New now has $7.55 billion valuation. The stock decreased 0.73% or $0.32 during the last trading session, reaching $43.61. About 311,378 shares traded. UGI Corporation (NYSE:UGI) has risen 12.89% since March 15, 2017 and is uptrending. It has underperformed by 3.81% the S&P500.

Among 8 analysts covering Synchronoss Technologies Inc. (NASDAQ:SNCR), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. Synchronoss Technologies Inc. had 19 analyst reports since July 31, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Hold” rating and $10.0 target in Wednesday, November 29 report. The rating was maintained by Credit Suisse on Thursday, December 7 with “Sell”. Stephens initiated the shares of SNCR in report on Wednesday, August 10 with “Overweight” rating. The stock has “Hold” rating by Stifel Nicolaus on Friday, June 23. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, September 19. On Thursday, February 8 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock has “Overweight” rating by JP Morgan on Wednesday, January 25. The stock of Synchronoss Technologies, Inc. (NASDAQ:SNCR) has “Hold” rating given on Wednesday, October 18 by Stifel Nicolaus. The stock of Synchronoss Technologies, Inc. (NASDAQ:SNCR) earned “Hold” rating by Stifel Nicolaus on Thursday, February 4. On Wednesday, June 1 the stock rating was initiated by Drexel Hamilton with “Buy”. See Synchronoss Technologies, Inc. (NASDAQ:SNCR) latest ratings:

08/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $9.0 Maintain
07/12/2017 Broker: Credit Suisse Rating: Sell New Target: $8.0 Maintain
29/11/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $10.0 Maintain
18/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $12.0 Maintain
19/09/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $10.0 Maintain
20/09/2017 Broker: Deutsche Bank Rating: Hold New Target: $10.0

Since February 7, 2018, it had 1 insider purchase, and 0 sales for $99,815 activity. 2,270 shares were bought by Perreault Roger, worth $99,815.

Alliancebernstein Lp increased Devon Energy Corp New (NYSE:DVN) stake by 1.66 million shares to 6.22 million valued at $228.44M in 2017Q3. It also upped Barrick Gold Corp (NYSE:ABX) stake by 1.01M shares and now owns 1.73 million shares. Freeport (NYSE:FCX) was raised too.

Analysts await UGI Corporation (NYSE:UGI) to report earnings on May, 7. They expect $1.46 earnings per share, up 11.45% or $0.15 from last year’s $1.31 per share. UGI’s profit will be $252.60M for 7.47 P/E if the $1.46 EPS becomes a reality. After $1.01 actual earnings per share reported by UGI Corporation for the previous quarter, Wall Street now forecasts 44.55% EPS growth.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.02, from 1.04 in 2017Q2. It dropped, as 33 investors sold UGI shares while 115 reduced holdings. 38 funds opened positions while 116 raised stakes. 131.63 million shares or 1.06% less from 133.03 million shares in 2017Q2 were reported. Moreover, Gideon has 0.27% invested in UGI Corporation (NYSE:UGI) for 5,815 shares. Sabal Trust holds 7,200 shares or 0.03% of its portfolio. Livforsakringsbolaget Skandia Omsesidigt invested in 0.01% or 3,300 shares. 39,690 were accumulated by Verition Fund Mngmt Limited Co. Peddock Cap Lc reported 1,654 shares. Cibc World Mkts holds 0% or 8,614 shares. Copeland Management Limited Liability reported 0.19% of its portfolio in UGI Corporation (NYSE:UGI). Putnam Investments Limited Liability Company reported 432,487 shares stake. Retirement System Of Alabama has 409,740 shares for 0.1% of their portfolio. Vanguard Grp, a Pennsylvania-based fund reported 17.13M shares. Sii Invests Inc Wi reported 10,144 shares stake. Gsa Capital Ptnrs Llp owns 29,334 shares. Veritable Lp holds 0.01% of its portfolio in UGI Corporation (NYSE:UGI) for 12,529 shares. State Treasurer State Of Michigan, Michigan-based fund reported 65,200 shares. Fmr Limited Liability, Massachusetts-based fund reported 29,648 shares.

Among 5 analysts covering UGI Corp (NYSE:UGI), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. UGI Corp had 13 analyst reports since August 5, 2015 according to SRatingsIntel. Zacks downgraded UGI Corporation (NYSE:UGI) on Saturday, August 8 to “Buy” rating. The stock has “Hold” rating by Jefferies on Thursday, August 31. Jefferies maintained it with “Hold” rating and $49.0 target in Wednesday, December 20 report. The stock has “Hold” rating by Zacks on Wednesday, August 5. Citigroup maintained it with “Neutral” rating and $44 target in Wednesday, May 4 report. The stock has “Underweight” rating by Barclays Capital on Friday, November 10. The stock of UGI Corporation (NYSE:UGI) has “Neutral” rating given on Thursday, May 26 by Janney Capital. The rating was downgraded by Janney Capital to “Neutral” on Friday, April 29. As per Monday, October 16, the company rating was maintained by Jefferies. The rating was downgraded by Barclays Capital on Monday, June 20 to “Underweight”.

Synchronoss Technologies, Inc. provides cloud solutions and software activation for connected devices worldwide. The company has market cap of $492.59 million. The companyÂ’s services and products include cloud sync, backup, storage and content engagement capabilities, broadband connectivity solutions, analytics, white label messaging, and identity/access management that enable communications service providers, cable operators/multi-services operators, original equipment manufacturers with embedded connectivity, and multi-channel retailers, as well as other clients to accelerate and monetize value-add services for secure and broadband networks and connected devices. It has a 23.04 P/E ratio. It also provides Synchronoss Enterprise solutions, such as secure mobility management, data and analytics, and identity and access management solutions for the financial, telecommunications, healthcare, life sciences, and government sectors; and Synchronoss Personal Cloud platform that delivers an operator-branded experience for subscribers to backup, restore, synchronize, and share their personal content across smartphones, tablets, computers, and other connected devices.

Investors sentiment increased to 0.86 in Q3 2017. Its up 0.03, from 0.83 in 2017Q2. It improved, as 25 investors sold Synchronoss Technologies, Inc. shares while 56 reduced holdings. 31 funds opened positions while 36 raised stakes. 32.08 million shares or 5.64% less from 33.99 million shares in 2017Q2 were reported. Smith Graham Inv Advsrs Ltd Partnership invested 0.75% of its portfolio in Synchronoss Technologies, Inc. (NASDAQ:SNCR). California Public Employees Retirement Systems holds 0% in Synchronoss Technologies, Inc. (NASDAQ:SNCR) or 46,400 shares. New York State Common Retirement Fund has 48,198 shares. 94,322 are held by Rhumbline Advisers. Goldman Sachs Grp holds 0% or 186,839 shares in its portfolio. Guggenheim Cap Llc reported 47,708 shares. Envestnet Asset reported 0% of its portfolio in Synchronoss Technologies, Inc. (NASDAQ:SNCR). State Of Wisconsin Invest Board invested in 679,010 shares. Palisade Mngmt Llc Nj owns 24,000 shares. Matarin Cap Limited invested 0.04% of its portfolio in Synchronoss Technologies, Inc. (NASDAQ:SNCR). Winslow Evans & Crocker Incorporated reported 20,184 shares or 0.06% of all its holdings. 1,000 are owned by San Francisco Sentry Investment Gru (Ca). 377,324 are owned by Geode Mngmt Ltd Liability Com. Bessemer Grp Inc owns 154 shares. Malaga Cove Limited Liability holds 46,510 shares.

Since January 30, 2018, it had 0 insider purchases, and 4 sales for $621,361 activity. Shares for $326,731 were sold by Waldis Stephen G on Friday, February 23. On Friday, February 23 Prague Ronald sold $46,725 worth of Synchronoss Technologies, Inc. (NASDAQ:SNCR) or 5,213 shares. 27,116 Synchronoss Technologies, Inc. (NASDAQ:SNCR) shares with value of $242,356 were sold by Garcia Robert.

The stock decreased 0.89% or $0.09 during the last trading session, reaching $10.37. About 259,638 shares traded. Synchronoss Technologies, Inc. (NASDAQ:SNCR) has declined 60.71% since March 15, 2017 and is downtrending. It has underperformed by 77.41% the S&P500.