Heartland Advisors Inc. Has $9.88 Million Holdings in UGI Co. (NYSE:UGI)

Heartland Advisors Inc. decreased its holdings in shares of UGI Co. (NYSE:UGI - Free Report) by 24.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 350,000 shares of the utilities provider's stock after selling 114,050 shares during the period. Heartland Advisors Inc. owned about 0.16% of UGI worth $9,880,000 as of its most recent SEC filing.

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

Insiders Place Their Bets

In related news, insider Michael Sharp purchased 4,806 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was acquired at an average price of $33.30 per share, with a total value of $160,039.80. Following the completion of the acquisition, the insider now directly owns 4,806 shares in the company, valued at approximately $160,039.80. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.73% of the company's stock.

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UGI Price Performance

UGI stock traded up $0.23 during trading on Monday, hitting $33.09. 1,649,979 shares of the stock traded hands, compared to its average volume of 2,048,525. The stock has a market cap of $7.11 billion, a price-to-earnings ratio of 13.03, a P/E/G ratio of 2.26 and a beta of 1.17. UGI Co. has a one year low of $22.01 and a one year high of $34.49. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44. The company has a 50 day simple moving average of $32.26 and a 200 day simple moving average of $28.33.

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, 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%. Equities analysts expect that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 4.53%. The ex-dividend date of this dividend is Monday, March 17th. UGI's payout ratio is presently 59.06%.

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.