UGI Co. (NYSE:UGI) Shares Purchased by LSV Asset Management

LSV Asset Management lifted its position in shares of UGI Co. (NYSE:UGI - Free Report) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,786,293 shares of the utilities provider's stock after purchasing an additional 343,942 shares during the period. LSV Asset Management owned 1.76% of UGI worth $106,887,000 as of its most recent SEC filing.

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

UGI Stock Performance

Shares of NYSE UGI traded up $0.87 during mid-day trading on Wednesday, hitting $32.94. The stock had a trading volume of 837,483 shares, compared to its average volume of 2,259,364. UGI Co. has a twelve month low of $22.01 and a twelve month high of $34.49. The company has a 50 day moving average of $32.52 and a two-hundred day moving average of $28.99. 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 $7.08 billion, a PE ratio of 12.97, a PEG ratio of 2.26 and a beta of 1.05.

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UGI (NYSE:UGI - Get Free Report) last announced its earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.16. UGI had a return on equity of 15.19% and a net margin of 7.73%. Research analysts predict that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders 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 4.55%. The ex-dividend date of this dividend was Monday, March 17th. UGI's dividend payout ratio is presently 59.06%.

Insider Activity

In other UGI news, insider Michael Sharp bought 4,806 shares of UGI stock in a transaction on Thursday, February 27th. The stock was bought 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 owns 4,806 shares in the company, valued at $160,039.80. The trade was 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.

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.