Congress Wealth Management LLC DE Makes New $3.91 Million Investment in UGI Co. (NYSE:UGI)

Congress Wealth Management LLC DE bought a new stake in UGI Co. (NYSE:UGI - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 138,508 shares of the utilities provider's stock, valued at approximately $3,910,000. Congress Wealth Management LLC DE owned about 0.06% of UGI as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in UGI. S.A. Mason LLC acquired a new position in UGI during the fourth quarter worth approximately $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 purchased a new stake in UGI in the 4th quarter valued at $36,000. Vision Financial Markets LLC acquired a new stake in UGI during the 4th quarter worth $36,000. Finally, SBI Securities Co. Ltd. purchased a new position in UGI during the 4th quarter worth $37,000. 82.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at UGI

In other UGI news, insider Michael Sharp bought 4,806 shares of the company's stock in a transaction on Thursday, February 27th. The shares were bought at an average price 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 trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.73% of the stock is currently owned by corporate insiders.

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UGI Stock Performance

NYSE UGI traded down $0.06 during trading on Friday, reaching $32.88. The company's stock had a trading volume of 2,147,373 shares, compared to its average volume of 2,248,464. UGI Co. has a twelve month low of $22.01 and a twelve month high of $34.49. The firm has a market cap of $7.06 billion, a price-to-earnings ratio of 12.95, a P/E/G ratio of 2.26 and a beta of 1.17. The business's fifty day moving average price is $32.26 and its 200-day moving average price is $28.33. 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 (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, beating the consensus estimate of $1.21 by $0.16. UGI had a return on equity of 15.19% and a net margin of 7.73%. As a group, analysts anticipate that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 17th will be given a $0.375 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a yield of 4.56%. UGI's dividend payout ratio (DPR) is 59.06%.

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.