MSH Capital Advisors LLC Buys Shares of 55,783 UGI Co. (NYSE:UGI)

MSH Capital Advisors LLC bought a new stake in shares of UGI Co. (NYSE:UGI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 55,783 shares of the utilities provider's stock, valued at approximately $1,575,000.

Several other hedge funds also recently made changes to their positions in UGI. AIA Group Ltd increased its holdings in UGI by 1.8% in the fourth quarter. AIA Group Ltd now owns 18,047 shares of the utilities provider's stock worth $509,000 after buying an additional 323 shares during the last quarter. US Bancorp DE raised its holdings in shares of UGI by 3.7% during the 4th quarter. US Bancorp DE now owns 10,826 shares of the utilities provider's stock valued at $306,000 after purchasing an additional 388 shares in the last quarter. Hourglass Capital LLC lifted its stake in shares of UGI by 0.6% in the 4th quarter. Hourglass Capital LLC now owns 82,520 shares of the utilities provider's stock valued at $2,330,000 after purchasing an additional 470 shares during the last quarter. Wright Investors Service Inc. boosted its holdings in UGI by 1.3% in the fourth quarter. Wright Investors Service Inc. now owns 37,206 shares of the utilities provider's stock worth $1,050,000 after purchasing an additional 484 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its position in UGI by 15.1% during the fourth quarter. Venturi Wealth Management LLC now owns 3,749 shares of the utilities provider's stock worth $106,000 after buying an additional 491 shares during the last quarter. Institutional investors and hedge funds own 82.34% of the company's stock.

Insider Activity at UGI

In other news, insider Michael Sharp purchased 4,806 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were bought at an average cost of $33.30 per share, for a total transaction 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.73% of the stock is currently owned by company insiders.

UGI Stock Performance

Shares of NYSE:UGI traded up $0.33 during trading on Friday, reaching $33.13. The stock had a trading volume of 1,744,472 shares, compared to its average volume of 2,266,967. The stock has a fifty day simple moving average of $32.59 and a two-hundred day simple moving average of $29.13. 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 52 week low of $22.01 and a 52 week high of $34.49. The firm has a market capitalization of $7.12 billion, a price-to-earnings ratio of 13.04, a P/E/G ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last announced its 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%. As a group, analysts anticipate that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 4.53%. The ex-dividend date was Monday, March 17th. UGI's dividend payout ratio (DPR) 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.