Xponance Inc. Purchases 11,020 Shares of UGI Co. (NYSE:UGI)

Xponance Inc. increased its position in UGI Co. (NYSE:UGI - Free Report) by 47.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,038 shares of the utilities provider's stock after purchasing an additional 11,020 shares during the quarter. Xponance Inc.'s holdings in UGI were worth $961,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. FMR LLC grew its stake in UGI by 42.0% during the third quarter. FMR LLC now owns 9,418,865 shares of the utilities provider's stock worth $235,660,000 after buying an additional 2,786,878 shares during the last quarter. Geode Capital Management LLC raised its position in UGI by 33.8% in the 3rd quarter. Geode Capital Management LLC now owns 4,762,970 shares of the utilities provider's stock valued at $127,246,000 after purchasing an additional 1,202,938 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of UGI by 2.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,555,075 shares of the utilities provider's stock valued at $72,130,000 after buying an additional 51,861 shares in the last quarter. Hennessy Advisors Inc. raised its holdings in shares of UGI by 2,050.9% in the fourth quarter. Hennessy Advisors Inc. now owns 2,375,752 shares of the utilities provider's stock valued at $67,067,000 after buying an additional 2,265,300 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of UGI by 19.3% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,797,648 shares of the utilities provider's stock worth $50,748,000 after purchasing an additional 290,385 shares in the last quarter. Institutional investors and hedge funds own 82.34% of the company's stock.

Insider Transactions at UGI

In other UGI news, insider Michael Sharp bought 4,806 shares of UGI stock in a transaction on Thursday, February 27th. The shares were purchased at an average cost of $33.30 per share, for a total transaction of $160,039.80. Following the completion of the acquisition, the insider now owns 4,806 shares in the company, valued at approximately $160,039.80. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.73% of the company's stock.

UGI Trading Down 0.4 %

UGI stock traded down $0.12 during trading on Thursday, hitting $32.92. The company had a trading volume of 1,180,811 shares, compared to its average volume of 2,176,624. The firm has a 50-day moving average price of $32.14 and a 200-day moving average price of $28.17. UGI Co. has a 12 month low of $22.01 and a 12 month high of $34.49. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. The stock has a market cap of $7.07 billion, a price-to-earnings ratio of 12.96, a PEG ratio of 2.26 and a beta of 1.17.

UGI (NYSE:UGI - Get Free Report) last posted its quarterly earnings results 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%. As a group, 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. Investors of record on Monday, March 17th will be given a $0.375 dividend. The ex-dividend date is Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.56%. UGI's dividend payout ratio is 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.