UGI Co. (NYSE:UGI) Shares Bought by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. raised its holdings in shares of UGI Co. (NYSE:UGI - Free Report) by 21.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 261,774 shares of the utilities provider's stock after buying an additional 45,965 shares during the period. Northwest & Ethical Investments L.P. owned about 0.12% of UGI worth $7,390,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. S.A. Mason LLC acquired a new position in shares of UGI during the fourth quarter worth $27,000. Flagship Wealth Advisors LLC purchased a new position in UGI in the 4th quarter valued at about $30,000. Golden State Wealth Management LLC purchased a new position in UGI in the 4th quarter valued at about $36,000. Vision Financial Markets LLC purchased a new stake in shares of UGI during the fourth quarter worth about $36,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of UGI during the fourth quarter worth about $37,000. 82.34% of the stock is owned by hedge funds and other institutional investors.

UGI Stock Down 0.3 %

NYSE UGI traded down $0.09 during mid-day trading on Monday, reaching $33.12. 1,611,536 shares of the company's stock traded hands, compared to its average volume of 2,182,312. 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 Co. has a 1-year low of $22.01 and a 1-year high of $34.49. The company has a fifty day simple moving average of $32.00 and a 200-day simple moving average of $28.07. The company has a market cap of $7.11 billion, a price-to-earnings ratio of 13.04, a P/E/G ratio of 2.26 and a beta of 1.17.

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

UGI Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th will be given a dividend of $0.375 per share. The ex-dividend date is Monday, March 17th. This represents a $1.50 annualized dividend and a dividend yield of 4.53%. UGI's payout ratio is 59.06%.

Insider Buying and Selling

In other news, insider Michael Sharp acquired 4,806 shares of UGI stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average cost of $33.30 per share, for a total transaction of $160,039.80. Following the completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.73% of the company's stock.

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.