Russell Investments Group Ltd. Has $20.94 Million Stake in UGI Co. (NYSE:UGI)

Russell Investments Group Ltd. decreased its holdings in UGI Co. (NYSE:UGI - Free Report) by 31.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 741,665 shares of the utilities provider's stock after selling 339,428 shares during the period. Russell Investments Group Ltd. owned about 0.35% of UGI worth $20,937,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Captrust Financial Advisors raised its holdings in shares of UGI by 13.4% during the third quarter. Captrust Financial Advisors now owns 11,947 shares of the utilities provider's stock worth $299,000 after acquiring an additional 1,414 shares in the last quarter. IHT Wealth Management LLC acquired a new stake in shares of UGI in the 3rd quarter valued at $242,000. Quantinno Capital Management LP increased its holdings in shares of UGI by 12.9% during the 3rd quarter. Quantinno Capital Management LP now owns 78,770 shares of the utilities provider's stock valued at $1,971,000 after acquiring an additional 9,006 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in UGI in the 3rd quarter valued at $361,000. Finally, Zacks Investment Management grew its position in shares of UGI by 229.1% in the third quarter. Zacks Investment Management now owns 31,572 shares of the utilities provider's stock valued at $790,000 after purchasing an additional 21,979 shares during the last quarter. 82.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at UGI

In other UGI news, insider Michael Sharp acquired 4,806 shares of the business's stock in a transaction on Thursday, February 27th. The stock was purchased at an average price of $33.30 per share, for a total transaction of $160,039.80. Following the transaction, the insider now owns 4,806 shares in the company, valued at $160,039.80. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.73% of the company's stock.

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UGI Stock Performance

Shares of NYSE UGI traded up $0.16 during trading hours on Tuesday, hitting $32.15. 229,381 shares of the company's stock were exchanged, compared to its average volume of 2,258,957. UGI Co. has a 1-year low of $22.01 and a 1-year high of $34.49. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.00 and a quick ratio of 0.82. The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of 12.64, a PEG ratio of 2.26 and a beta of 1.05. The company's 50-day moving average price is $32.52 and its 200-day moving average price is $28.97.

UGI (NYSE:UGI - Get Free Report) last issued its quarterly earnings results 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%. On average, sell-side 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. Stockholders of record on Monday, March 17th were issued a $0.375 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.67%. UGI's payout ratio is presently 59.06%.

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.