Natixis Advisors LLC Has $1.41 Million Stock Holdings in UGI Co. (NYSE:UGI)

Natixis Advisors LLC increased its position in shares of UGI Co. (NYSE:UGI - Free Report) by 23.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,830 shares of the utilities provider's stock after buying an additional 9,549 shares during the period. Natixis Advisors LLC's holdings in UGI were worth $1,407,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Buying and Selling

In related news, insider Michael Sharp bought 4,806 shares of the business's stock in a transaction dated Thursday, February 27th. The stock was purchased at an average cost of $33.30 per share, for a total transaction of $160,039.80. Following the transaction, the insider now owns 4,806 shares in the company, valued at $160,039.80. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.73% of the stock is currently owned by company insiders.

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UGI Stock Performance

UGI stock traded down $0.04 during mid-day trading on Friday, hitting $32.91. 483,652 shares of the company were exchanged, compared to its average volume of 2,243,186. UGI Co. has a 1-year low of $22.01 and a 1-year high of $34.49. The stock has a market capitalization of $7.07 billion, a PE ratio of 12.95, a price-to-earnings-growth ratio of 2.26 and a beta of 1.17. The business has a 50 day simple moving average of $32.20 and a 200-day simple moving average of $28.20. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44.

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, beating 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%. On average, equities analysts forecast that UGI Co. will post 3.02 earnings per share for the current year.

UGI Announces Dividend

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

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.