UGI Co. (NYSE:UGI) Shares Sold by Decade Renewable Partners LP

Decade Renewable Partners LP trimmed its holdings in shares of UGI Co. (NYSE:UGI - Free Report) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,185 shares of the utilities provider's stock after selling 23,494 shares during the period. UGI comprises 2.3% of Decade Renewable Partners LP's investment portfolio, making the stock its 22nd largest position. Decade Renewable Partners LP owned 0.08% of UGI worth $4,607,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Bessemer Group Inc. boosted its position in UGI by 216.7% during the 4th quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider's stock worth $25,000 after purchasing an additional 611 shares during the period. Altshuler Shaham Ltd purchased a new position in UGI in the 4th quarter worth approximately $25,000. GeoWealth Management LLC acquired a new stake in UGI in the fourth quarter valued at approximately $27,000. S.A. Mason LLC purchased a new stake in shares of UGI during the fourth quarter valued at approximately $27,000. Finally, Flagship Wealth Advisors LLC acquired a new position in shares of UGI during the fourth quarter worth $30,000. 82.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at UGI

In other UGI news, insider Michael Sharp acquired 4,806 shares of the firm's stock in a transaction on Thursday, February 27th. The stock was purchased at an average price of $33.30 per share, with a total value of $160,039.80. Following the completion of the acquisition, 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 purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.73% of the stock is currently owned by insiders.

UGI Stock Up 0.8 %

UGI traded up $0.27 during trading hours on Thursday, reaching $33.06. 1,473,289 shares of the stock traded hands, compared to its average volume of 2,256,060. UGI Co. has a fifty-two week low of $22.01 and a fifty-two week high of $34.49. The company has a market cap of $7.10 billion, a price-to-earnings ratio of 13.01, a PEG ratio of 2.26 and a beta of 1.05. 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 simple moving average is $32.61 and its two-hundred day simple moving average is $29.61.

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%. As a group, analysts forecast that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th were paid a $0.375 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.54%. UGI's dividend payout ratio (DPR) 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.