Principal Financial Group Upped Ugi New (UGI) Position By $443,348; Alphatec Holdings (ATEC) Shorts Decreased By 7.58%

September 11, 2017 - By Marguerite Chambers

Principal Financial Group Inc increased Ugi Corp New (UGI) stake by 1.4% reported in 2016Q4 SEC filing. Principal Financial Group Inc acquired 9,638 shares as Ugi Corp New (UGI)’s stock rose 1.31%. The Principal Financial Group Inc holds 698,682 shares with $32.19 million value, up from 689,044 last quarter. Ugi Corp New now has $8.59B valuation. The stock rose 1.66% or $0.81 reaching $49.52 per share. About 206,550 shares traded. UGI Corp (NYSE:UGI) has risen 12.89% since September 11, 2016 and is uptrending. It has underperformed by 3.81% the S&P500.

Alphatec Holdings Incorporated (NASDAQ:ATEC) had a decrease of 7.58% in short interest. ATEC’s SI was 620,500 shares in September as released by FINRA. Its down 7.58% from 671,400 shares previously. With 20,000 avg volume, 31 days are for Alphatec Holdings Incorporated (NASDAQ:ATEC)’s short sellers to cover ATEC’s short positions. The SI to Alphatec Holdings Incorporated’s float is 0.91%. About 58,134 shares traded or 6.80% up from the average. Alphatec Holdings Inc (NASDAQ:ATEC) has declined 6.76% since September 11, 2016 and is downtrending. It has underperformed by 23.46% the S&P500.

Since March 15, 2017, it had 0 buys, and 5 sales for $6.48 million activity. Beard Robert F. had sold 19,500 shares worth $946,234 on Wednesday, March 15. 15,000 shares valued at $774,743 were sold by Hartz Joseph L. on Friday, June 2. Walsh John L had sold 50,000 shares worth $2.54M. VINCENT ROGER B sold $1.29 million worth of UGI Corp (NYSE:UGI) on Thursday, May 25. $341,621 worth of UGI Corp (NYSE:UGI) was sold by POL ANNE.

Among 5 analysts covering UGI Corp (NYSE:UGI), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. UGI Corp had 9 analyst reports since August 5, 2015 according to SRatingsIntel. Janney Capital reinitiated the stock with “Neutral” rating in Thursday, May 26 report. Barclays Capital downgraded UGI Corp (NYSE:UGI) rating on Monday, June 20. Barclays Capital has “Underweight” rating and $42 target. Jefferies maintained UGI Corp (NYSE:UGI) on Thursday, August 31 with “Hold” rating. The company was downgraded on Friday, April 29 by Janney Capital. The rating was downgraded by Zacks on Saturday, August 8 to “Buy”. Citigroup maintained it with “Neutral” rating and $44 target in Wednesday, May 4 report. Zacks upgraded UGI Corp (NYSE:UGI) rating on Wednesday, August 5. Zacks has “Hold” rating and $39 target.

Investors sentiment decreased to 0.98 in 2016 Q4. Its down 0.22, from 1.2 in 2016Q3. It worsened, as 33 investors sold UGI shares while 143 reduced holdings. 34 funds opened positions while 117 raised stakes. 132.69 million shares or 0.05% less from 132.76 million shares in 2016Q3 were reported. Ftb Advsrs Inc owns 34,289 shares. 5,432 are held by Cibc Asset. Zurcher Kantonalbank (Zurich Cantonalbank) owns 117,290 shares. Wright Invsts Ser has 41,292 shares. Cipher Cap LP reported 0.02% of its portfolio in UGI Corp (NYSE:UGI). Jpmorgan Chase & Company has 3.03M shares. Point72 Asia (Hong Kong) Limited invested in 5,801 shares. First Natl Tru accumulated 0.05% or 7,378 shares. Aperio Grp Inc Ltd owns 31,817 shares. Commonwealth Comml Bank Of Australia has invested 0.69% of its portfolio in UGI Corp (NYSE:UGI). Moreover, Texas Yale Cap Corp has 0.13% invested in UGI Corp (NYSE:UGI) for 30,000 shares. Nordea Mngmt Ab reported 7,567 shares. Bluemountain Cap Ltd Com, New York-based fund reported 14,603 shares. Spirit Of America Mngmt Corporation New York holds 114,800 shares or 0.62% of its portfolio. Glg Ltd Liability reported 6,194 shares stake.

Principal Financial Group Inc decreased Hartford Finl Svcs Group Inc (NYSE:HIG) stake by 8,825 shares to 603,920 valued at $28.78 million in 2016Q4. It also reduced Ddr Corp (NYSE:DDR) stake by 4.87 million shares and now owns 40,847 shares. Cognizant Technology Solutio (NASDAQ:CTSH) was reduced too.