UGI Co. (NYSE:UGI) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC lowered its holdings in UGI Co. (NYSE:UGI - Free Report) by 13.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,417,407 shares of the utilities provider's stock after selling 374,675 shares during the period. AQR Capital Management LLC owned approximately 1.13% of UGI worth $68,171,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Altshuler Shaham Ltd acquired a new stake in UGI in the 4th quarter valued at $25,000. Bessemer Group Inc. grew its stake in shares of UGI by 216.7% in the fourth 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 valued at about $27,000. GeoWealth Management LLC acquired a new position in UGI during the 4th quarter worth approximately $27,000. Finally, Flagship Wealth Advisors LLC purchased a new position in UGI in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 82.34% of the company's stock.

UGI Stock Up 1.1 %

NYSE:UGI traded up $0.38 during trading hours on Friday, hitting $33.45. The stock had a trading volume of 1,457,577 shares, compared to its average volume of 2,231,240. The business has a 50 day simple moving average of $32.60 and a two-hundred day simple moving average of $29.72. UGI Co. has a 1-year low of $22.01 and a 1-year high of $34.49. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44. The company has a market cap of $7.19 billion, a PE ratio of 13.17, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last released its quarterly earnings results 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 net margin of 7.73% and a return on equity of 15.19%. Analysts predict that UGI Co. will post 3.02 EPS for the current year.

UGI Dividend Announcement

The firm 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. This represents a $1.50 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend was Monday, March 17th. UGI's dividend payout ratio is currently 59.06%.

Insider Buying and Selling at UGI

In other UGI news, insider Michael Sharp bought 4,806 shares of UGI stock in a transaction dated Thursday, February 27th. The stock was bought at an average cost 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 represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.73% of the stock is owned by insiders.

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.