Proficio Capital Partners LLC Takes Position in UGI Co. (NYSE:UGI)

Proficio Capital Partners LLC bought a new position in UGI Co. (NYSE:UGI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 20,608 shares of the utilities provider's stock, valued at approximately $582,000.

A number of other large investors have also recently added to or reduced their stakes in UGI. Charles Schwab Investment Management Inc. increased its stake in shares of UGI by 2.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,555,075 shares of the utilities provider's stock worth $72,130,000 after purchasing an additional 51,861 shares during the period. Steward Partners Investment Advisory LLC increased its position in shares of UGI by 1,174.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 17,259 shares of the utilities provider's stock valued at $487,000 after purchasing an additional 15,905 shares during the period. Quintet Private Bank Europe S.A. acquired a new position in shares of UGI in the fourth quarter valued at $42,000. SBI Securities Co. Ltd. bought a new position in UGI in the fourth quarter worth $37,000. Finally, Jones Financial Companies Lllp boosted its stake in UGI by 45.8% during the fourth quarter. Jones Financial Companies Lllp now owns 2,732 shares of the utilities provider's stock worth $77,000 after buying an additional 858 shares in the last quarter. Institutional investors own 82.34% of the company's stock.

UGI Price Performance

Shares of UGI stock traded down $0.47 during mid-day trading on Tuesday, reaching $32.68. The company's stock had a trading volume of 527,462 shares, compared to its average volume of 2,182,312. The company has a market cap of $7.02 billion, a P/E ratio of 12.86, a PEG ratio of 2.26 and a beta of 1.17. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00. UGI Co. has a 1-year low of $22.01 and a 1-year high of $34.49. The firm's 50-day moving average is $32.00 and its two-hundred day moving average is $28.07.

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UGI (NYSE:UGI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The utilities provider reported $1.37 EPS for the quarter, topping 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, research analysts predict that UGI Co. will post 3.02 earnings per share for the current year.

UGI Dividend Announcement

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

Insider Transactions at UGI

In other news, insider Michael Sharp acquired 4,806 shares of the firm's stock in a transaction on Thursday, February 27th. The shares were purchased at an average cost of $33.30 per share, for a total transaction of $160,039.80. Following the transaction, the insider now owns 4,806 shares of the company's stock, valued at approximately $160,039.80. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.73% of the stock is owned by company insiders.

UGI 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.