Guggenheim Capital LLC Has $2.89 Million Stake in UGI Co. (NYSE:UGI)

Guggenheim Capital LLC lifted its holdings in UGI Co. (NYSE:UGI - Free Report) by 19.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,444 shares of the utilities provider's stock after acquiring an additional 16,676 shares during the period. Guggenheim Capital LLC's holdings in UGI were worth $2,892,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. FMR LLC boosted its position 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 buying an additional 2,110,337 shares during the last quarter. Geode Capital Management LLC lifted 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 worth $157,200,000 after acquiring an additional 296,028 shares in the last quarter. Federated Hermes Inc. boosted its holdings in UGI by 25.5% in the fourth quarter. Federated Hermes Inc. now owns 4,962,740 shares of the utilities provider's stock valued at $140,098,000 after purchasing an additional 1,007,156 shares during the last quarter. LSV Asset Management grew its stake in UGI by 10.0% during the 4th quarter. LSV Asset Management now owns 3,786,293 shares of the utilities provider's stock valued at $106,887,000 after purchasing an additional 343,942 shares in the last quarter. Finally, Norges Bank purchased a new stake in UGI during the 4th quarter worth approximately $103,115,000. Hedge funds and other institutional investors own 82.34% of the company's stock.

UGI Stock Down 0.1 %

Shares of UGI stock traded down $0.04 during trading on Wednesday, reaching $32.79. The company had a trading volume of 2,763,453 shares, compared to its average volume of 2,261,077. 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 fifty-two week low of $22.01 and a fifty-two week high of $34.49. The firm's fifty day moving average is $32.60 and its 200-day moving average is $29.28. The company has a market cap of $7.04 billion, a price-to-earnings ratio of 12.91, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last released 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 net margin of 7.73% and a return on equity of 15.19%. On average, analysts anticipate that UGI Co. will post 3.02 EPS for the current year.

UGI Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th were paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date of this dividend was Monday, March 17th. UGI's payout ratio is currently 59.06%.

Insider Transactions at UGI

In related news, insider Michael Sharp acquired 4,806 shares of the business's stock in a transaction dated Thursday, February 27th. The stock was 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. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.73% of the company's stock.

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.