Inceptionr LLC Invests $715,000 in UGI Co. (NYSE:UGI)

Inceptionr LLC purchased a new stake in UGI Co. (NYSE:UGI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 25,313 shares of the utilities provider's stock, valued at approximately $715,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. S.A. Mason LLC acquired a new stake in shares of UGI in the fourth quarter valued at about $27,000. Golden State Wealth Management LLC bought a new stake in shares of UGI during the 4th quarter worth approximately $36,000. Vision Financial Markets LLC bought a new stake in shares of UGI during the 4th quarter worth approximately $36,000. SBI Securities Co. Ltd. acquired a new stake in shares of UGI in the 4th quarter valued at approximately $37,000. Finally, UMB Bank n.a. increased its holdings in UGI by 67.1% during the fourth quarter. UMB Bank n.a. now owns 1,345 shares of the utilities provider's stock worth $38,000 after buying an additional 540 shares during the last quarter. 82.34% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Mizuho upgraded shares of UGI from a "neutral" rating to an "outperform" rating and raised their target price for the company from $27.00 to $30.00 in a research note on Friday, November 15th. Jefferies Financial Group started coverage on UGI in a research note on Friday, November 22nd. They set a "buy" rating and a $28.00 target price for the company.

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UGI Stock Performance

UGI stock traded down $0.04 during mid-day trading on Tuesday, hitting $32.44. 2,320,273 shares of the company were exchanged, compared to its average volume of 2,163,187. UGI Co. has a 1-year low of $22.01 and a 1-year high of $34.49. The business has a 50 day simple moving average of $31.10 and a 200-day simple moving average of $27.50. 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 stock has a market capitalization of $6.97 billion, a PE ratio of 12.77, a price-to-earnings-growth ratio of 2.26 and a beta of 1.17.

UGI (NYSE:UGI - Get Free Report) last issued its quarterly earnings data 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%. On average, equities analysts forecast that UGI Co. will post 3.02 earnings per share for the current year.

UGI Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th will be given a dividend of $0.375 per share. The ex-dividend date is Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.62%. UGI's payout ratio is presently 59.06%.

Insider Transactions at UGI

In related news, insider Michael Sharp purchased 4,806 shares of the firm's stock in a transaction that occurred 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 completion of 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 ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.73% of the company's stock.

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.