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UGI Co. (NYSE:UGI) Shares Sold by Fuller & Thaler Asset Management Inc.

UGI logo with Utilities background

Fuller & Thaler Asset Management Inc. cut its stake in UGI Co. (NYSE:UGI - Free Report) by 0.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,099,957 shares of the utilities provider's stock after selling 13,638 shares during the quarter. UGI comprises about 0.8% of Fuller & Thaler Asset Management Inc.'s investment portfolio, making the stock its 26th biggest position. Fuller & Thaler Asset Management Inc. owned 3.31% of UGI worth $200,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Barclays PLC grew its stake in shares of UGI by 7.8% in the third quarter. Barclays PLC now owns 313,810 shares of the utilities provider's stock valued at $7,852,000 after buying an additional 22,752 shares in the last quarter. Sanctuary Advisors LLC grew its position in UGI by 88.2% in the third quarter. Sanctuary Advisors LLC now owns 21,876 shares of the utilities provider's stock valued at $547,000 after acquiring an additional 10,251 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of UGI during the third quarter valued at approximately $278,000. Franklin Resources Inc. lifted its position in shares of UGI by 10.8% during the third quarter. Franklin Resources Inc. now owns 630,604 shares of the utilities provider's stock worth $15,614,000 after purchasing an additional 61,265 shares in the last quarter. Finally, Retirement Systems of Alabama boosted its stake in shares of UGI by 0.4% in the third quarter. Retirement Systems of Alabama now owns 495,196 shares of the utilities provider's stock valued at $12,390,000 after purchasing an additional 2,071 shares during the period. Institutional investors and hedge funds own 82.34% of the company's stock.

UGI Stock Performance

UGI stock opened at $32.81 on Wednesday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.00 and a quick ratio of 0.82. The firm's fifty day moving average price is $32.60 and its 200 day moving average price is $29.28. The company has a market capitalization of $7.05 billion, a price-to-earnings ratio of 12.92, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. UGI Co. has a 12-month low of $22.01 and a 12-month high of $34.49.

UGI (NYSE:UGI - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 EPS for the quarter, topping the consensus estimate of $1.21 by $0.16. UGI had a return on equity of 15.19% and a net margin of 7.73%. On average, research analysts forecast that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were issued a $0.375 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.50 annualized dividend and a yield of 4.57%. UGI's dividend payout ratio is presently 59.06%.

Insider Buying and Selling at UGI

In related news, insider Michael Sharp bought 4,806 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were acquired at an average price of $33.30 per share, for a total transaction of $160,039.80. Following the purchase, the insider now owns 4,806 shares in the company, valued at $160,039.80. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.73% of the stock is currently owned by insiders.

UGI Profile

(Free Report)

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.

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Institutional Ownership by Quarter for UGI (NYSE:UGI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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