Dimensional Fund Advisors LP Buys 120,819 Shares of UGI Co. (NYSE:UGI)

Dimensional Fund Advisors LP lifted its holdings in shares of UGI Co. (NYSE:UGI - Free Report) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,329,247 shares of the utilities provider's stock after purchasing an additional 120,819 shares during the period. Dimensional Fund Advisors LP owned 1.08% of UGI worth $65,754,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Altshuler Shaham Ltd acquired a new stake in shares of UGI in the fourth quarter valued at about $25,000. Bessemer Group Inc. increased its position in shares of UGI by 216.7% during the fourth quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider's stock worth $25,000 after buying an additional 611 shares during the period. S.A. Mason LLC bought a new position in UGI during the fourth quarter worth $27,000. GeoWealth Management LLC bought a new position in UGI during the fourth quarter worth $27,000. Finally, Flagship Wealth Advisors LLC acquired a new position in UGI in the fourth quarter valued at $30,000. Institutional investors own 82.34% of the company's stock.

Insider Buying and Selling at UGI

In other UGI news, insider Michael Sharp purchased 4,806 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average price of $33.30 per share, with a total value of $160,039.80. Following the transaction, the insider now owns 4,806 shares in the company, valued at $160,039.80. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.73% of the company's stock.

UGI Trading Up 0.2 %

UGI stock traded up $0.08 during trading hours on Monday, reaching $33.53. 1,415,832 shares of the company's stock were exchanged, compared to its average volume of 2,227,978. The firm has a market capitalization of $7.20 billion, a PE ratio of 13.20, a PEG ratio of 2.26 and a beta of 1.05. 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 firm's 50 day simple moving average is $32.60 and its 200 day simple moving average is $29.79. UGI Co. has a twelve month low of $22.01 and a twelve month high of $34.49.

UGI (NYSE:UGI - Get Free Report) last posted its quarterly 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 return on equity of 15.19% and a net margin of 7.73%. Research analysts predict that UGI Co. will post 3.02 earnings per share for the current year.

UGI Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date was Monday, March 17th. UGI's dividend payout ratio (DPR) is currently 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.