Loomis Sayles & Co. L P Takes Position in UGI Co. (NYSE:UGI)

Loomis Sayles & Co. L P purchased a new stake in UGI Co. (NYSE:UGI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 649,814 shares of the utilities provider's stock, valued at approximately $18,344,000. Loomis Sayles & Co. L P owned approximately 0.30% of UGI as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of UGI. S.A. Mason LLC bought a new position in shares of UGI during the 4th quarter valued at $27,000. Flagship Wealth Advisors LLC bought a new position in shares of UGI during the fourth quarter valued at about $30,000. Golden State Wealth Management LLC purchased a new position in shares of UGI in the fourth quarter worth about $36,000. Vision Financial Markets LLC purchased a new stake in UGI during the 4th quarter valued at about $36,000. Finally, SBI Securities Co. Ltd. bought a new position in UGI during the 4th quarter worth approximately $37,000. 82.34% of the stock is currently owned by institutional investors.

Insider Transactions at UGI

In related news, insider Michael Sharp purchased 4,806 shares of UGI 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 directly owns 4,806 shares of the company's stock, valued at $160,039.80. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.73% of the company's stock.

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UGI Stock Performance

UGI stock remained flat at $33.50 during midday trading on Wednesday. The company's stock had a trading volume of 322,578 shares, compared to its average volume of 2,242,592. The company has a market capitalization of $7.20 billion, a PE ratio of 13.18, a price-to-earnings-growth ratio of 2.26 and a beta of 1.17. UGI Co. has a 12-month low of $22.01 and a 12-month 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 firm has a 50 day moving average price of $32.38 and a 200 day moving average price of $28.46.

UGI (NYSE:UGI - Get Free Report) last announced 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%. Analysts predict that UGI Co. will post 3.02 earnings per share for the current year.

UGI Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th were issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 4.48%. The ex-dividend date was Monday, March 17th. UGI's dividend payout ratio (DPR) is currently 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.