UGI Co. (NYSE:UGI) Position Raised by Inspire Advisors LLC

Inspire Advisors LLC increased its position in UGI Co. (NYSE:UGI - Free Report) by 13.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 88,728 shares of the utilities provider's stock after buying an additional 10,203 shares during the quarter. Inspire Advisors LLC's holdings in UGI were worth $2,505,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UGI. S.A. Mason LLC acquired a new stake in shares of UGI in the fourth quarter worth $27,000. Golden State Wealth Management LLC acquired a new stake in UGI in the 4th quarter valued at $36,000. Vision Financial Markets LLC purchased a new position in UGI in the fourth quarter valued at about $36,000. SBI Securities Co. Ltd. acquired a new position in shares of UGI during the fourth quarter worth about $37,000. Finally, UMB Bank n.a. boosted its position in shares of UGI by 67.1% in 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 period. Institutional investors and hedge funds own 82.34% of the company's stock.

UGI Stock Down 0.5 %

Shares of UGI stock traded down $0.17 during trading hours on Wednesday, hitting $32.21. 1,259,732 shares of the company's stock traded hands, compared to its average volume of 2,162,619. UGI Co. has a twelve month low of $22.01 and a twelve month high of $34.49. The stock has a 50 day simple moving average of $31.18 and a 200-day simple moving average of $27.56. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. The company has a market cap of $6.92 billion, a PE ratio of 12.70, a PEG ratio of 2.26 and a beta of 1.17.

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UGI (NYSE:UGI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (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%. Equities research analysts anticipate that UGI Co. will post 3.02 earnings per share 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 paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend is Monday, March 17th. UGI's dividend payout ratio (DPR) is presently 59.06%.

Analyst Upgrades and Downgrades

UGI has been the topic of several analyst reports. Jefferies Financial Group initiated coverage on UGI in a report on Friday, November 22nd. They set a "buy" rating and a $28.00 target price on the stock. Mizuho upgraded shares of UGI from a "neutral" rating to an "outperform" rating and lifted their price objective for the company from $27.00 to $30.00 in a research note on Friday, November 15th.

Insider Transactions at UGI

In other UGI news, insider Michael Sharp bought 4,806 shares of the business's stock in a transaction on Thursday, February 27th. The shares were purchased 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 of the company's stock, valued at approximately $160,039.80. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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.