Sanctuary Advisors LLC Has $9.03 Million Stock Holdings in UGI Co. (NYSE:UGI)

Sanctuary Advisors LLC lifted its holdings in shares of UGI Co. (NYSE:UGI - Free Report) by 1,232.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 291,464 shares of the utilities provider's stock after buying an additional 269,588 shares during the period. Sanctuary Advisors LLC owned approximately 0.14% of UGI worth $9,032,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Easterly Investment Partners LLC raised its holdings in UGI by 0.8% during the third quarter. Easterly Investment Partners LLC now owns 59,238 shares of the utilities provider's stock worth $1,482,000 after purchasing an additional 450 shares in the last quarter. Hourglass Capital LLC raised its holdings in UGI by 0.6% during the fourth quarter. Hourglass Capital LLC now owns 82,520 shares of the utilities provider's stock worth $2,330,000 after purchasing an additional 470 shares in the last quarter. Wright Investors Service Inc. raised its holdings in UGI by 1.3% during the fourth quarter. Wright Investors Service Inc. now owns 37,206 shares of the utilities provider's stock worth $1,050,000 after purchasing an additional 484 shares in the last quarter. MetLife Investment Management LLC increased its holdings in shares of UGI by 0.4% in the third quarter. MetLife Investment Management LLC now owns 110,875 shares of the utilities provider's stock valued at $2,774,000 after buying an additional 489 shares in the last quarter. Finally, Abundance Wealth Counselors increased its holdings in shares of UGI by 1.7% in the fourth quarter. Abundance Wealth Counselors now owns 29,514 shares of the utilities provider's stock valued at $833,000 after buying an additional 505 shares in the last quarter. 82.34% of the stock is currently owned by institutional investors and hedge funds.

UGI Stock Up 1.1 %

Shares of UGI stock traded up $0.37 on Friday, hitting $33.12. 2,850,848 shares of the company traded hands, compared to its average volume of 2,075,178. The company has a 50-day moving average price of $29.78 and a 200 day moving average price of $26.69. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. UGI Co. has a 12-month low of $22.01 and a 12-month high of $33.58. The company has a market cap of $7.11 billion, a PE ratio of 13.04, a PEG ratio of 2.26 and a beta of 1.21.

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

UGI Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on UGI. Jefferies Financial Group began coverage on UGI in a report on Friday, November 22nd. They issued a "buy" rating and a $28.00 price target on the stock. Mizuho raised shares of UGI from a "neutral" rating to an "outperform" rating and boosted their target price for the company from $27.00 to $30.00 in a research note on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, UGI has an average rating of "Moderate Buy" and an average price target of $28.33.

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.