Cerity Partners LLC Has $1.69 Million Position in UGI Co. (NYSE:UGI)

Cerity Partners LLC lifted its position in shares of UGI Co. (NYSE:UGI - Free Report) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,471 shares of the utilities provider's stock after buying an additional 7,933 shares during the period. Cerity Partners LLC's holdings in UGI were worth $1,687,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. S.A. Mason LLC acquired a new stake in UGI in the fourth quarter valued at $27,000. Flagship Wealth Advisors LLC bought a new stake in UGI in the 4th quarter valued at $30,000. Golden State Wealth Management LLC acquired a new position in UGI in the 4th quarter valued at $36,000. Vision Financial Markets LLC bought a new position in UGI during the 4th quarter worth $36,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of UGI during the fourth quarter worth $37,000. 82.34% of the stock is currently owned by institutional investors.

UGI Stock Performance

Shares of UGI stock traded up $0.40 on Tuesday, hitting $32.81. The company's stock had a trading volume of 7,481,194 shares, compared to its average volume of 2,259,069. UGI Co. has a fifty-two week low of $22.01 and a fifty-two week high of $34.49. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00. The stock's 50 day moving average is $32.60 and its 200-day moving average is $29.28. The company has a market capitalization of $7.05 billion, a PE ratio of 12.92, a PEG ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last announced its earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) 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%. Equities research analysts expect that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders 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 Activity

In other news, insider Michael Sharp acquired 4,806 shares of the stock in a transaction on Thursday, February 27th. The stock was acquired at an average cost of $33.30 per share, for a total transaction of $160,039.80. Following the completion of the transaction, the insider now directly owns 4,806 shares in the company, valued at approximately $160,039.80. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.73% of the company's stock.

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.