UGI Co. (NYSE:UGI) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lessened its stake in shares of UGI Co. (NYSE:UGI - Free Report) by 38.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,171,625 shares of the utilities provider's stock after selling 1,972,395 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 1.48% of UGI worth $89,598,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC lifted its holdings in shares of UGI by 42.0% in the 3rd quarter. FMR LLC now owns 9,418,865 shares of the utilities provider's stock worth $235,660,000 after buying an additional 2,786,878 shares during the period. Geode Capital Management LLC lifted its stake in UGI by 33.8% in the third quarter. Geode Capital Management LLC now owns 4,762,970 shares of the utilities provider's stock worth $127,246,000 after acquiring an additional 1,202,938 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in UGI by 2.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,555,075 shares of the utilities provider's stock worth $72,130,000 after acquiring an additional 51,861 shares in the last quarter. Hennessy Advisors Inc. increased its position in UGI by 2,050.9% during the 4th quarter. Hennessy Advisors Inc. now owns 2,375,752 shares of the utilities provider's stock valued at $67,067,000 after purchasing an additional 2,265,300 shares during the period. Finally, Thrivent Financial for Lutherans raised its holdings in shares of UGI by 19.3% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,797,648 shares of the utilities provider's stock valued at $50,748,000 after purchasing an additional 290,385 shares in the last quarter. Institutional investors own 82.34% of the company's stock.

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UGI Stock Down 0.2 %

Shares of NYSE UGI traded down $0.08 during midday trading on Friday, reaching $32.86. 748,657 shares of the company's stock traded hands, compared to its average volume of 2,244,390. The company has a market cap of $7.06 billion, a price-to-earnings ratio of 12.94, a P/E/G ratio of 2.26 and a beta of 1.17. The stock's 50 day simple moving average is $32.20 and its 200-day simple moving average is $28.20. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. UGI Co. has a one year low of $22.01 and a one year high of $34.49.

UGI (NYSE:UGI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share 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, analysts predict that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 17th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.56%. The ex-dividend date is Monday, March 17th. UGI's dividend payout ratio (DPR) is 59.06%.

Insider Buying and Selling at UGI

In other news, insider Michael Sharp acquired 4,806 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were acquired at an average price of $33.30 per share, with a total value of $160,039.80. Following the purchase, the insider now directly owns 4,806 shares of the company's stock, valued at $160,039.80. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.73% of the company's stock.

About UGI

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.