O Shaughnessy Asset Management LLC Has $815,000 Position in UGI Co. (NYSE:UGI)

O Shaughnessy Asset Management LLC boosted its stake in shares of UGI Co. (NYSE:UGI - Free Report) by 66.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 28,860 shares of the utilities provider's stock after buying an additional 11,567 shares during the period. O Shaughnessy Asset Management LLC's holdings in UGI were worth $815,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in UGI during the fourth quarter worth $103,115,000. Hennessy Advisors Inc. grew its holdings in UGI by 2,050.9% during the fourth quarter. Hennessy Advisors Inc. now owns 2,375,752 shares of the utilities provider's stock worth $67,067,000 after purchasing an additional 2,265,300 shares during the period. Pictet Asset Management Holding SA increased its position in UGI by 5,776.6% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,739,419 shares of the utilities provider's stock worth $49,104,000 after buying an additional 1,709,820 shares during the last quarter. Geode Capital Management LLC raised its stake in UGI by 33.8% in the third quarter. Geode Capital Management LLC now owns 4,762,970 shares of the utilities provider's stock valued at $127,246,000 after buying an additional 1,202,938 shares during the period. Finally, Loomis Sayles & Co. L P acquired a new stake in shares of UGI in the fourth quarter valued at approximately $18,344,000. 82.34% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Michael Sharp acquired 4,806 shares of the stock in a transaction on Thursday, February 27th. The shares were purchased at an average price of $33.30 per share, for a total transaction of $160,039.80. Following the purchase, the insider now directly owns 4,806 shares in the company, valued at approximately $160,039.80. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.73% of the company's stock.

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UGI Stock Performance

Shares of UGI stock traded up $0.33 during trading on Monday, reaching $31.85. 78,614 shares of the company's stock were exchanged, compared to its average volume of 2,097,163. UGI Co. has a twelve month low of $22.01 and a twelve month high of $34.49. The firm's fifty day moving average price is $32.51 and its 200-day moving average price is $28.92. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $6.84 billion, a PE ratio of 12.54, a PEG ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last released its quarterly earnings data 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, sell-side analysts anticipate that UGI Co. will post 3.02 EPS for the current year.

UGI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th were issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 4.71%. The ex-dividend date of this dividend was Monday, March 17th. UGI's dividend payout ratio is 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.