Waterloo Capital L.P. Invests $1.41 Million in UGI Co. (NYSE:UGI)

Waterloo Capital L.P. acquired a new stake in UGI Co. (NYSE:UGI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 49,787 shares of the utilities provider's stock, valued at approximately $1,405,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in UGI. Grantham Mayo Van Otterloo & Co. LLC acquired a new stake in UGI during the 4th quarter worth approximately $423,000. Atlas Capital Advisors Inc. purchased a new stake in shares of UGI during the 4th quarter worth $46,000. Massachusetts Financial Services Co. MA grew its stake in shares of UGI by 42.0% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,457,702 shares of the utilities provider's stock worth $41,151,000 after purchasing an additional 430,985 shares during the period. Geode Capital Management LLC boosted its holdings in UGI by 6.2% during the fourth quarter. Geode Capital Management LLC now owns 5,058,998 shares of the utilities provider's stock worth $157,200,000 after buying an additional 296,028 shares in the last quarter. Finally, AIA Group Ltd raised its holdings in UGI by 1.8% during the fourth quarter. AIA Group Ltd now owns 18,047 shares of the utilities provider's stock worth $509,000 after purchasing an additional 323 shares during the last quarter. Institutional investors and hedge funds own 82.34% of the company's stock.

UGI Price Performance

Shares of UGI stock traded up $0.55 on Friday, hitting $31.51. The company's stock had a trading volume of 1,549,842 shares, compared to its average volume of 2,267,836. 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 company has a market capitalization of $6.77 billion, a P/E ratio of 12.41, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The firm has a fifty day moving average price of $32.51 and a 200-day moving average price of $28.89. UGI Co. has a 52-week low of $22.01 and a 52-week high of $34.49.

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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 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, equities research analysts expect that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th were issued a dividend of $0.375 per share. The ex-dividend date was Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.76%. UGI's dividend payout ratio (DPR) is presently 59.06%.

Insider Activity at UGI

In other UGI news, insider Michael Sharp purchased 4,806 shares of UGI stock in a transaction on Thursday, February 27th. The shares were bought at an average price of $33.30 per share, with a total value of $160,039.80. Following the purchase, the insider now directly owns 4,806 shares in the company, valued at $160,039.80. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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.