Jump Financial LLC Raises Position in UGI Co. (NYSE:UGI)

Jump Financial LLC grew its position in UGI Co. (NYSE:UGI - Free Report) by 190.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,158 shares of the utilities provider's stock after buying an additional 22,411 shares during the quarter. Jump Financial LLC's holdings in UGI were worth $964,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Bessemer Group Inc. grew its position in UGI by 216.7% in the 4th quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 611 shares in the last quarter. S.A. Mason LLC acquired a new position in shares of UGI in the fourth quarter valued at approximately $27,000. Flagship Wealth Advisors LLC acquired a new stake in UGI during the 4th quarter worth approximately $30,000. Golden State Wealth Management LLC purchased a new position in UGI in the 4th quarter valued at approximately $36,000. Finally, Vision Financial Markets LLC purchased a new position in UGI in the fourth quarter valued at $36,000. Hedge funds and other institutional investors own 82.34% of the company's stock.

UGI Stock Down 0.1 %

Shares of UGI traded down $0.03 during midday trading on Friday, hitting $32.66. The company had a trading volume of 1,089,083 shares, compared to its average volume of 2,254,461. The company's 50-day simple moving average is $32.62 and its 200-day simple moving average is $29.37. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00. UGI Co. has a 1 year low of $22.01 and a 1 year high of $34.49. The firm has a market capitalization of $7.02 billion, a P/E ratio of 12.86, a P/E/G ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The utilities provider reported $1.37 EPS 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, sell-side analysts expect that UGI Co. will post 3.02 EPS for the current year.

UGI Announces Dividend

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

Insider Activity

In related news, insider Michael Sharp purchased 4,806 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average price of $33.30 per share, with a total value of $160,039.80. Following the completion of the acquisition, the insider now directly owns 4,806 shares in the company, valued at $160,039.80. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate 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.