Barclays PLC Decreases Stock Position in UGI Co. (NYSE:UGI)

Barclays PLC decreased its holdings in shares of UGI Co. (NYSE:UGI - Free Report) by 37.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,392 shares of the utilities provider's stock after selling 116,418 shares during the quarter. Barclays PLC owned approximately 0.09% of UGI worth $5,573,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Bessemer Group Inc. lifted its holdings in shares of UGI by 216.7% during the fourth quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider's stock worth $25,000 after buying an additional 611 shares in the last quarter. S.A. Mason LLC acquired a new position in UGI in the fourth quarter valued at about $27,000. Flagship Wealth Advisors LLC acquired a new position in UGI in the fourth quarter valued at about $30,000. Golden State Wealth Management LLC acquired a new position in UGI in the fourth quarter valued at about $36,000. Finally, Vision Financial Markets LLC acquired a new position in UGI in the fourth quarter valued at about $36,000. Institutional investors and hedge funds own 82.34% of the company's stock.

Insider Buying and Selling at UGI

In other UGI news, insider Michael Sharp acquired 4,806 shares of UGI stock in a transaction dated Thursday, February 27th. The stock was 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 directly owns 4,806 shares of the company's stock, valued at $160,039.80. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.73% of the company's stock.

UGI Price Performance

UGI stock traded up $0.04 during midday trading on Monday, reaching $32.67. The company had a trading volume of 1,533,892 shares, compared to its average volume of 2,258,403. The company has a market capitalization of $7.02 billion, a price-to-earnings ratio of 12.86, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The stock has a 50 day moving average price of $32.61 and a 200-day moving average price of $29.57. UGI Co. has a 1-year low of $22.01 and a 1-year high of $34.49. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.00 and a quick ratio of 0.82.

UGI (NYSE:UGI - Get Free Report) last issued its 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%. Equities research analysts expect that UGI Co. will post 3.02 earnings per share for the current year.

UGI Dividend Announcement

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

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.