8,183 Shares in UGI Co. (NYSE:UGI) Purchased by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC acquired a new stake in shares of UGI Co. (NYSE:UGI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 8,183 shares of the utilities provider's stock, valued at approximately $231,000.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in UGI during the fourth quarter worth approximately $103,115,000. Hennessy Advisors Inc. increased its holdings in shares of UGI by 2,050.9% during the 4th quarter. Hennessy Advisors Inc. now owns 2,375,752 shares of the utilities provider's stock worth $67,067,000 after buying an additional 2,265,300 shares during the last quarter. Geode Capital Management LLC raised its position in shares of UGI by 33.8% in the 3rd quarter. Geode Capital Management LLC now owns 4,762,970 shares of the utilities provider's stock worth $127,246,000 after buying an additional 1,202,938 shares during the period. Loomis Sayles & Co. L P acquired a new position in UGI in the fourth quarter valued at $18,344,000. Finally, WINTON GROUP Ltd purchased a new stake in UGI during the fourth quarter valued at about $12,903,000. 82.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Michael Sharp bought 4,806 shares of UGI stock in a transaction dated Thursday, February 27th. The shares were acquired at an average cost of $33.30 per share, with a total value of $160,039.80. Following the completion of the transaction, the insider now 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.73% of the stock is currently owned by corporate insiders.

UGI Trading Down 1.7 %

NYSE:UGI traded down $0.54 on Monday, hitting $30.49. 3,562,951 shares of the stock were exchanged, compared to its average volume of 2,259,423. The stock has a market cap of $6.55 billion, a PE ratio of 12.00, a PEG ratio of 2.26 and a beta of 1.05. UGI Co. has a fifty-two week low of $22.01 and a fifty-two week 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 stock has a fifty day moving average of $32.49 and a 200-day moving average of $28.68.

UGI (NYSE:UGI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 EPS for the quarter, beating the consensus estimate 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, equities analysts expect that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.50 annualized dividend and a dividend yield of 4.92%. UGI's 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.