Northstar Financial Companies Inc. Takes $415,000 Position in UGI Co. (NYSE:UGI)

Northstar Financial Companies Inc. acquired a new stake in shares of UGI Co. (NYSE:UGI - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 14,695 shares of the utilities provider's stock, valued at approximately $415,000.

Other large investors have also recently added to or reduced their stakes in the company. Altshuler Shaham Ltd bought a new position in UGI during the 4th quarter valued at $25,000. Bessemer Group Inc. raised its holdings 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 purchasing an additional 611 shares during the period. S.A. Mason LLC acquired a new stake in shares of UGI during the fourth quarter worth $27,000. GeoWealth Management LLC acquired a new stake in shares of UGI during the fourth quarter worth $27,000. Finally, Flagship Wealth Advisors LLC acquired a new stake in shares of UGI during the fourth quarter worth $30,000. 82.34% of the stock is currently owned by institutional investors.

UGI Stock Performance

Shares of UGI stock traded up $0.17 during trading hours on Friday, reaching $36.07. The stock had a trading volume of 1,971,722 shares, compared to its average volume of 2,213,714. The firm has a market capitalization of $7.73 billion, a PE ratio of 14.20, a price-to-earnings-growth 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 has a 50-day simple moving average of $33.46 and a 200-day simple moving average of $31.33. UGI Co. has a twelve month low of $22.01 and a twelve month high of $36.35.

UGI (NYSE:UGI - Get Free Report) last released its earnings results on Wednesday, May 7th. The utilities provider reported $2.21 EPS for the quarter, beating the consensus estimate of $1.80 by $0.41. The firm had revenue of $2.67 billion for the quarter, compared to analysts' expectations of $3.26 billion. UGI had a net margin of 7.73% and a return on equity of 15.19%. UGI's quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $1.97 EPS. As a group, equities analysts forecast that UGI Co. will post 3.02 earnings per share for the current year.

UGI Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, May 16th will be given a dividend of $0.375 per share. The ex-dividend date is Monday, June 16th. This represents a $1.50 annualized dividend and a dividend yield of 4.16%. UGI's dividend payout ratio (DPR) is 61.73%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Wall Street Zen raised shares of UGI from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Mizuho increased their target price on shares of UGI from $38.00 to $39.00 and gave the stock an "outperform" rating in a report on Thursday, May 15th.

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.