Whittier Trust Co. of Nevada Inc. Invests $360,000 in UGI Co. (NYSE:UGI)

Whittier Trust Co. of Nevada Inc. acquired a new stake in UGI Co. (NYSE:UGI - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,756 shares of the utilities provider's stock, valued at approximately $360,000.

Other large investors have also recently added to or reduced their stakes in the company. S.A. Mason LLC acquired a new position in shares of UGI during the fourth quarter worth about $27,000. Flagship Wealth Advisors LLC acquired a new position in shares of UGI in the 4th quarter valued at $30,000. Golden State Wealth Management LLC acquired a new stake in UGI during the 4th quarter worth $36,000. Vision Financial Markets LLC purchased a new stake in UGI in the fourth quarter valued at $36,000. Finally, SBI Securities Co. Ltd. acquired a new position in UGI in the fourth quarter valued at $37,000. 82.34% of the stock is owned by hedge funds and other institutional investors.

UGI Stock Performance

Shares of UGI stock traded down $0.46 during mid-day trading on Tuesday, hitting $32.68. 677,067 shares of the stock were exchanged, compared to its average volume of 2,182,312. UGI Co. has a 12-month low of $22.01 and a 12-month high of $34.49. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00. The stock has a market capitalization of $7.02 billion, a price-to-earnings ratio of 12.86, a P/E/G ratio of 2.26 and a beta of 1.17. The stock's fifty day simple moving average is $32.00 and its two-hundred day simple moving average is $28.07.

UGI (NYSE:UGI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.16. UGI had a return on equity of 15.19% and a net margin of 7.73%. On average, analysts forecast that UGI Co. will post 3.02 EPS for the current year.

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UGI Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 17th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date is Monday, March 17th. UGI's dividend payout ratio is currently 59.06%.

Insider Buying and Selling at UGI

In other news, insider Michael Sharp purchased 4,806 shares of the company's stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of $33.30 per share, for a total transaction of $160,039.80. Following the completion of the transaction, the insider now directly owns 4,806 shares in the company, valued at $160,039.80. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 0.73% of the stock is owned by company insiders.

UGI Company Profile

UGI Corporation, together with its subsidiaries, distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations.