Cerity Partners LLC Increases Stake in UGI Co. (NYSE:UGI)

Cerity Partners LLC increased its holdings in UGI Co. (NYSE:UGI - Free Report) by 14.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,471 shares of the utilities provider's stock after purchasing an additional 7,933 shares during the quarter. Cerity Partners LLC's holdings in UGI were worth $1,687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. S.A. Mason LLC purchased a new stake in UGI in the fourth quarter worth about $27,000. Flagship Wealth Advisors LLC bought a new position in UGI in the fourth quarter worth $30,000. Golden State Wealth Management LLC purchased a new position in UGI during the fourth quarter valued at $36,000. Vision Financial Markets LLC purchased a new stake in shares of UGI in the 4th quarter worth about $36,000. Finally, SBI Securities Co. Ltd. purchased a new position in UGI during the 4th quarter valued at about $37,000. Institutional investors own 82.34% of the company's stock.

Insider Buying and Selling

In other UGI news, insider Michael Sharp bought 4,806 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The stock was purchased at an average cost of $33.30 per share, with a total value of $160,039.80. Following the completion of the acquisition, the insider now owns 4,806 shares in the company, valued at $160,039.80. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.73% of the stock is owned by insiders.

UGI Stock Down 3.6 %

Shares of NYSE UGI traded down $1.18 on Monday, reaching $31.97. 647,236 shares of the company's stock traded hands, compared to its average volume of 2,236,419. UGI Co. has a 12 month low of $22.01 and a 12 month high of $34.49. The company has a market cap of $6.87 billion, a price-to-earnings ratio of 12.59, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The business's 50 day simple moving average is $32.59 and its two-hundred day simple moving average is $29.20. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44.

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

UGI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th were paid a $0.375 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.69%. UGI's dividend payout ratio (DPR) is presently 59.06%.

About UGI

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.