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

Northstar Financial Companies Inc. acquired a new position in UGI Co. (NYSE:UGI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,695 shares of the utilities provider's stock, valued at approximately $415,000.

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

UGI Stock Performance

Shares of NYSE:UGI traded up $0.31 during midday trading on Thursday, hitting $35.92. The stock had a trading volume of 1,763,668 shares, compared to its average volume of 2,221,498. The company has a market capitalization of $7.70 billion, a PE ratio of 14.14, a P/E/G ratio of 2.26 and a beta of 1.05. The stock has a 50 day moving average price of $33.40 and a two-hundred day moving average price of $31.14. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44. UGI Co. has a 1 year low of $22.01 and a 1 year high of $36.35.

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

UGI Dividend Announcement

The company 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 $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date is Monday, June 16th. UGI's dividend payout ratio is presently 61.73%.

Wall Street Analysts Forecast Growth

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