HighTower Advisors LLC Raises Stock Holdings in UGI Co. (NYSE:UGI)

HighTower Advisors LLC raised its stake in shares of UGI Co. (NYSE:UGI - Free Report) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 111,795 shares of the utilities provider's stock after buying an additional 7,895 shares during the quarter. HighTower Advisors LLC owned about 0.05% of UGI worth $3,156,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. S.A. Mason LLC purchased a new stake in shares of UGI in the fourth quarter valued at $27,000. Golden State Wealth Management LLC acquired a new position in UGI during the fourth quarter worth approximately $36,000. Vision Financial Markets LLC purchased a new position in UGI during the fourth quarter worth approximately $36,000. SBI Securities Co. Ltd. acquired a new position in shares of UGI in the 4th quarter valued at $37,000. Finally, UMB Bank n.a. increased its holdings in shares of UGI by 67.1% during the 4th quarter. UMB Bank n.a. now owns 1,345 shares of the utilities provider's stock worth $38,000 after buying an additional 540 shares during the last quarter. Institutional investors and hedge funds own 82.34% of the company's stock.

Insiders Place Their Bets

In other news, insider Michael Sharp bought 4,806 shares of the firm's 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 purchase, the insider now owns 4,806 shares of the company's stock, valued at $160,039.80. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.73% of the stock is owned by company insiders.

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UGI Trading Down 0.9 %

NYSE:UGI traded down $0.29 on Tuesday, hitting $32.85. 1,594,058 shares of the stock were exchanged, compared to its average volume of 2,182,312. The stock has a market cap of $7.06 billion, a PE ratio of 12.93, a PEG ratio of 2.26 and a beta of 1.17. UGI Co. has a fifty-two week low of $22.01 and a fifty-two week high of $34.49. 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 has a fifty day moving average of $32.00 and a 200-day moving average of $28.07.

UGI (NYSE:UGI - Get Free Report) last announced 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%. As a group, equities analysts expect that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 17th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 4.57%. The ex-dividend date is Monday, March 17th. UGI's dividend payout ratio (DPR) 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.