UGI Co. (NYSE:UGI) Shares Acquired by Snyder Capital Management L P

Snyder Capital Management L P increased its position in shares of UGI Co. (NYSE:UGI - Free Report) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,126,709 shares of the utilities provider's stock after buying an additional 78,327 shares during the period. UGI accounts for 3.0% of Snyder Capital Management L P's holdings, making the stock its 6th biggest position. Snyder Capital Management L P owned about 2.39% of UGI worth $144,727,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in UGI. Norges Bank purchased a new stake in UGI during the fourth quarter worth $103,115,000. Hennessy Advisors Inc. raised its position 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 acquiring an additional 2,265,300 shares during the period. FMR LLC raised its position in UGI by 22.4% during the fourth quarter. FMR LLC now owns 11,529,202 shares of the utilities provider's stock worth $325,469,000 after acquiring an additional 2,110,337 shares during the period. Pictet Asset Management Holding SA raised 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 acquiring an additional 1,709,820 shares during the period. Finally, Neuberger Berman Group LLC raised its position in UGI by 5,215.3% during the fourth quarter. Neuberger Berman Group LLC now owns 1,560,265 shares of the utilities provider's stock worth $44,046,000 after acquiring an additional 1,530,911 shares during the period. 82.34% of the stock is owned by hedge funds and other institutional investors.

UGI Price Performance

NYSE:UGI traded up $0.04 during trading hours on Monday, reaching $32.67. 1,533,892 shares of the company were exchanged, compared to its average volume of 2,258,403. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44. The stock's 50-day moving average is $32.61 and its 200-day moving average is $29.51. The firm has a market cap of $7.02 billion, a PE ratio of 12.86, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. UGI Co. has a twelve month low of $22.01 and a twelve month high of $34.49.

UGI (NYSE:UGI - Get Free Report) last posted its quarterly earnings data 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%. On average, sell-side analysts anticipate that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th were given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date was Monday, March 17th. UGI's dividend payout ratio (DPR) is 59.06%.

Insider Activity

In other UGI news, insider Michael Sharp bought 4,806 shares of UGI stock in a transaction dated Thursday, February 27th. The stock was acquired at an average cost of $33.30 per share, for a total transaction of $160,039.80. Following the completion of the transaction, the insider now directly owns 4,806 shares of the company's stock, valued at approximately $160,039.80. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.73% of the company's stock.

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.