Quantinno Capital Management LP Purchases 27,804 Shares of UGI Co. (NYSE:UGI)

Quantinno Capital Management LP lifted its position in UGI Co. (NYSE:UGI - Free Report) by 35.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,574 shares of the utilities provider's stock after buying an additional 27,804 shares during the period. Quantinno Capital Management LP's holdings in UGI were worth $3,009,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Altshuler Shaham Ltd bought a new stake in shares of UGI in the 4th quarter valued at $25,000. Bessemer Group Inc. boosted its stake in UGI by 216.7% in the 4th 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 position in UGI in the 4th quarter worth $27,000. GeoWealth Management LLC acquired a new position in UGI in the 4th quarter worth $27,000. Finally, Flagship Wealth Advisors LLC acquired a new position in UGI in the 4th quarter worth $30,000. Institutional investors own 82.34% of the company's stock.

Insider Transactions at UGI

In other UGI news, insider Michael Sharp acquired 4,806 shares of UGI 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 purchase, the insider now directly owns 4,806 shares in the company, valued at approximately $160,039.80. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.73% of the company's stock.

UGI Trading Up 1.2%

UGI stock opened at $35.90 on Tuesday. The firm has a 50-day moving average of $32.94 and a 200-day moving average of $30.56. UGI Co. has a one year low of $22.01 and a one year high of $35.97. 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 company has a market cap of $7.70 billion, a price-to-earnings ratio of 14.13, a P/E/G ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last posted 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. 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 period in the prior year, the business posted $1.97 EPS. The company's quarterly revenue was up 8.1% on a year-over-year basis. On average, equities analysts expect that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Announces Dividend

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

Wall Street Analysts Forecast Growth

UGI has been the subject of a number of research analyst reports. Mizuho upped their target price 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. StockNews.com raised shares of UGI from a "hold" rating to a "buy" rating in a research note 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.

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