Focus Partners Wealth Buys New Holdings in UGI Co. (NYSE:UGI)

Focus Partners Wealth bought a new stake in shares of UGI Co. (NYSE:UGI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 11,723 shares of the utilities provider's stock, valued at approximately $331,000.

Several other institutional investors and hedge funds also recently bought and sold shares of UGI. Bessemer Group Inc. grew its stake in shares of UGI by 216.7% in the 4th 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. Altshuler Shaham Ltd bought a new stake in shares of UGI in the 4th quarter valued at approximately $25,000. GeoWealth Management LLC bought a new stake in shares of UGI in the 4th quarter valued at approximately $27,000. S.A. Mason LLC bought a new stake in shares of UGI in the 4th quarter valued at approximately $27,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of UGI in the 4th quarter valued at approximately $30,000. Hedge funds and other institutional investors own 82.34% of the company's stock.

Insider Buying and Selling

In other UGI news, insider Michael Sharp purchased 4,806 shares of the business's 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 completion of the acquisition, the insider now directly owns 4,806 shares in the company, valued at $160,039.80. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.73% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on UGI shares. Wall Street Zen raised UGI from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Mizuho boosted their price target on UGI from $38.00 to $39.00 and gave the company an "outperform" rating in a research note on Thursday, May 15th.

UGI Stock Performance

UGI traded up $0.05 on Tuesday, hitting $36.13. The company had a trading volume of 1,736,560 shares, compared to its average volume of 2,229,202. The company's fifty day moving average price is $33.29 and its 200 day moving average price is $31.02. UGI Co. has a 1-year low of $22.01 and a 1-year high of $36.35. 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 stock has a market cap of $7.75 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last posted its earnings results on Wednesday, May 7th. The utilities provider reported $2.21 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.41. UGI had a return on equity of 15.19% and a net margin of 7.73%. The firm had revenue of $2.67 billion during the quarter, compared to analyst estimates of $3.26 billion. During the same period in the previous year, the company earned $1.97 EPS. The company's revenue for the quarter was up 8.1% on a year-over-year basis. Equities analysts predict that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, May 16th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.50 annualized dividend and a yield of 4.15%. UGI's dividend payout ratio (DPR) is currently 61.73%.

UGI Company 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.