Nebula Research & Development LLC Buys 49,678 Shares of UGI Co. (NYSE:UGI)

Nebula Research & Development LLC lifted its holdings in shares of UGI Co. (NYSE:UGI - Free Report) by 187.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 76,203 shares of the utilities provider's stock after purchasing an additional 49,678 shares during the period. Nebula Research & Development LLC's holdings in UGI were worth $2,151,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Bessemer Group Inc. boosted its position in UGI by 216.7% during the 4th quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider's stock valued at $25,000 after buying an additional 611 shares during the period. Altshuler Shaham Ltd purchased a new stake in UGI during the 4th quarter valued at $25,000. GeoWealth Management LLC purchased a new stake in UGI during the 4th quarter valued at $27,000. S.A. Mason LLC purchased a new stake in UGI during the 4th quarter valued at $27,000. Finally, Flagship Wealth Advisors LLC bought a new position in shares of UGI in the 4th quarter worth about $30,000. Institutional investors own 82.34% of the company's stock.

Insider Buying and Selling at UGI

In other news, insider Michael Sharp acquired 4,806 shares of UGI stock in a transaction on Thursday, February 27th. The stock was acquired at an average cost of $33.30 per share, for a total transaction of $160,039.80. Following the purchase, the insider now owns 4,806 shares in the company, valued at $160,039.80. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.73% of the stock is owned by company insiders.

UGI Stock Up 0.1 %

Shares of UGI stock traded up $0.04 during trading on Monday, hitting $32.67. The company's stock had a trading volume of 1,533,892 shares, compared to its average volume of 2,258,403. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00. The company has a fifty day simple moving average of $32.61 and a two-hundred day simple moving average of $29.51. The company has a market capitalization of $7.02 billion, a PE ratio of 12.86, a P/E/G ratio of 2.26 and a beta of 1.05. UGI Co. has a 52 week low of $22.01 and a 52 week high of $34.49.

UGI (NYSE:UGI - Get Free Report) last released 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 net margin of 7.73% and a return on equity of 15.19%. Equities research analysts predict that UGI Co. will post 3.02 earnings per share for the current year.

UGI Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th were paid a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a yield of 4.59%. UGI's dividend payout ratio is currently 59.06%.

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.