Decade Renewable Partners LP Has $4.61 Million Holdings in UGI Co. (NYSE:UGI)

Decade Renewable Partners LP lessened its holdings in UGI Co. (NYSE:UGI - Free Report) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 163,185 shares of the utilities provider's stock after selling 23,494 shares during the period. UGI comprises 2.3% of Decade Renewable Partners LP's holdings, making the stock its 22nd biggest holding. Decade Renewable Partners LP owned approximately 0.08% of UGI worth $4,607,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. FMR LLC lifted its stake in UGI by 22.4% in the 4th quarter. FMR LLC now owns 11,529,202 shares of the utilities provider's stock valued at $325,469,000 after purchasing an additional 2,110,337 shares during the last quarter. Snyder Capital Management L P raised its position in UGI by 1.6% in the fourth quarter. Snyder Capital Management L P now owns 5,126,709 shares of the utilities provider's stock valued at $144,727,000 after purchasing an additional 78,327 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of UGI by 6.2% in the fourth quarter. Geode Capital Management LLC now owns 5,058,998 shares of the utilities provider's stock valued at $157,200,000 after buying an additional 296,028 shares during the period. Federated Hermes Inc. boosted its position in UGI by 25.5% during the 4th quarter. Federated Hermes Inc. now owns 4,962,740 shares of the utilities provider's stock worth $140,098,000 after buying an additional 1,007,156 shares during the period. Finally, LSV Asset Management increased its position in UGI by 10.0% in the 4th quarter. LSV Asset Management now owns 3,786,293 shares of the utilities provider's stock valued at $106,887,000 after acquiring an additional 343,942 shares during the period. Institutional investors and hedge funds own 82.34% of the company's stock.

UGI Price Performance

Shares of NYSE:UGI opened at $32.66 on Monday. 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 52 week low of $22.01 and a 52 week high of $34.49. The firm has a market cap of $7.02 billion, a PE ratio of 12.86, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The firm's fifty day moving average is $32.61 and its 200-day moving average is $29.51.

UGI (NYSE:UGI - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 EPS 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%. Sell-side analysts predict that UGI Co. will post 3.02 earnings per share for the current 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 given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 4.59%. The ex-dividend date of this dividend was Monday, March 17th. UGI's dividend payout ratio (DPR) is presently 59.06%.

Insider Buying and Selling

In other UGI news, insider Michael Sharp acquired 4,806 shares of the stock in a transaction dated 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 transaction, the insider now owns 4,806 shares in the company, valued at approximately $160,039.80. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. 0.73% of the stock is owned by 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.

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