Quantbot Technologies LP Acquires 176,391 Shares of UGI Co. (NYSE:UGI)

Quantbot Technologies LP boosted its stake in UGI Co. (NYSE:UGI - Free Report) by 185.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 271,466 shares of the utilities provider's stock after acquiring an additional 176,391 shares during the period. Quantbot Technologies LP owned 0.13% of UGI worth $6,217,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its position in shares of UGI by 15.4% during the 4th quarter. Private Advisor Group LLC now owns 11,912 shares of the utilities provider's stock valued at $293,000 after buying an additional 1,586 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in UGI by 7.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,588,108 shares of the utilities provider's stock worth $39,067,000 after buying an additional 106,098 shares during the period. Teacher Retirement System of Texas lifted its stake in UGI by 81.2% in the fourth quarter. Teacher Retirement System of Texas now owns 29,368 shares of the utilities provider's stock valued at $722,000 after buying an additional 13,162 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of UGI by 13.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,541,109 shares of the utilities provider's stock worth $37,912,000 after acquiring an additional 177,428 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in UGI by 4.0% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 19,121 shares of the utilities provider's stock worth $474,000 after acquiring an additional 739 shares during the period. 82.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of UGI from a "buy" rating to a "hold" rating in a report on Tuesday, August 6th.

UGI Trading Up 0.0 %

UGI stock traded up $0.01 during mid-day trading on Monday, reaching $24.03. 1,805,652 shares of the stock traded hands, compared to its average volume of 2,182,417. UGI Co. has a 52-week low of $20.19 and a 52-week high of $26.15. The stock's fifty day moving average is $24.15 and its 200-day moving average is $24.18. The company has a market cap of $5.04 billion, a P/E ratio of -58.59 and a beta of 1.13. The company has a current ratio of 0.91, a quick ratio of 0.71 and a debt-to-equity ratio of 1.34.

UGI (NYSE:UGI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The utilities provider reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.12. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.73 billion. UGI had a net margin of 9.13% and a return on equity of 15.65%. The business's revenue for the quarter was down 16.8% on a year-over-year basis. As a group, sell-side analysts expect that UGI Co. will post 2.93 earnings per share for the current year.

UGI Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 16th will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.24%. The ex-dividend date is Monday, September 16th. UGI's dividend payout ratio (DPR) is -365.85%.

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.