UGI Co. (NYSE:UGI) Shares Bought by Swiss National Bank

Swiss National Bank boosted its holdings in UGI Co. (NYSE:UGI - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 422,300 shares of the utilities provider's stock after buying an additional 13,100 shares during the period. Swiss National Bank owned 0.20% of UGI worth $11,922,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UGI. S.A. Mason LLC acquired a new stake in shares of UGI during the 4th quarter worth $27,000. Golden State Wealth Management LLC purchased a new stake in UGI during the fourth quarter valued at about $36,000. Vision Financial Markets LLC acquired a new stake in UGI during the fourth quarter worth about $36,000. SBI Securities Co. Ltd. purchased a new position in shares of UGI in the 4th quarter worth about $37,000. Finally, UMB Bank n.a. lifted its stake in shares of UGI by 67.1% in the 4th quarter. UMB Bank n.a. now owns 1,345 shares of the utilities provider's stock valued at $38,000 after purchasing an additional 540 shares in the last quarter. Hedge funds and other institutional investors own 82.34% of the company's stock.

UGI Trading Down 0.3 %

Shares of NYSE:UGI traded down $0.09 during trading on Monday, reaching $33.12. 1,611,431 shares of the stock were exchanged, compared to its average volume of 2,182,488. UGI Co. has a 12-month low of $22.01 and a 12-month high of $34.49. The firm's 50-day moving average price is $31.92 and its 200 day moving average price is $28.01. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00. The firm has a market cap of $7.11 billion, a price-to-earnings ratio of 13.04, a price-to-earnings-growth 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 data on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, topping 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%. On average, sell-side analysts anticipate that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Announces Dividend

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

Insider Transactions at UGI

In related news, insider Michael Sharp purchased 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, with a total value of $160,039.80. Following the transaction, the insider now owns 4,806 shares of the company's stock, valued at approximately $160,039.80. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.73% of the company's stock.

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.