Global Financial Private Client LLC Has $485,000 Stock Position in UGI Co. (NYSE:UGI)

Global Financial Private Client LLC lifted its stake in UGI Co. (NYSE:UGI - Free Report) by 183,375.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,678 shares of the utilities provider's stock after acquiring an additional 14,670 shares during the period. Global Financial Private Client LLC's holdings in UGI were worth $485,000 as of its most recent filing with the Securities and Exchange Commission.

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

UGI Trading Up 0.5%

Shares of NYSE:UGI traded up $0.17 during mid-day trading on Friday, hitting $36.07. The stock had a trading volume of 1,971,722 shares, compared to its average volume of 2,213,714. 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 company has a market cap of $7.73 billion, a PE ratio of 14.20, a P/E/G ratio of 2.26 and a beta of 1.05. UGI Co. has a 12-month low of $22.01 and a 12-month high of $36.35. The company's 50 day moving average is $33.46 and its 200-day moving average is $31.27.

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

UGI Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, May 16th will be given a $0.375 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.50 dividend on an annualized basis and a yield of 4.16%. UGI's payout ratio is 61.73%.

Wall Street Analysts Forecast Growth

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

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.