St. James Investment Company LLC Purchases Shares of 238,860 UGI Corporation (NYSE:UGI)

St. James Investment Company LLC bought a new position in shares of UGI Corporation (NYSE:UGI - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 238,860 shares of the utilities provider's stock, valued at approximately $7,899,000. UGI comprises about 1.3% of St. James Investment Company LLC's holdings, making the stock its 22nd biggest position. St. James Investment Company LLC owned approximately 0.11% of UGI as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Oppenheimer Asset Management Inc. bought a new stake in shares of UGI during the fourth quarter worth about $387,000. Proficio Capital Partners LLC acquired a new stake in UGI during the 4th quarter worth approximately $582,000. US Bancorp DE grew its holdings in UGI by 3.7% during the 4th quarter. US Bancorp DE now owns 10,826 shares of the utilities provider's stock worth $306,000 after acquiring an additional 388 shares during the last quarter. SRS Capital Advisors Inc. increased its position in UGI by 130.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,836 shares of the utilities provider's stock valued at $52,000 after acquiring an additional 1,040 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in shares of UGI by 45.8% during the fourth quarter. Jones Financial Companies Lllp now owns 2,732 shares of the utilities provider's stock valued at $77,000 after acquiring an additional 858 shares during the last quarter. 82.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UGI has been the topic of several analyst reports. Wall Street Zen raised shares of UGI from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 14th. Mizuho lifted their target price on UGI from $38.00 to $39.00 and gave the stock an "outperform" rating in a report on Thursday, May 15th.

UGI Trading Down 0.1%

Shares of NYSE UGI traded down $0.04 during midday trading on Friday, reaching $35.16. The stock had a trading volume of 1,497,459 shares, compared to its average volume of 2,077,065. The company's 50 day moving average price is $35.34 and its 200 day moving average price is $32.75. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.05 and a current ratio of 1.23. UGI Corporation has a twelve month low of $22.01 and a twelve month high of $36.74. The firm has a market cap of $7.54 billion, a price-to-earnings ratio of 14.47, a price-to-earnings-growth ratio of 2.18 and a beta of 1.05.

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, beating the consensus estimate of $1.80 by $0.41. UGI had a net margin of 7.28% and a return on equity of 16.21%. The business had revenue of $2.67 billion for the quarter, compared to analyst estimates of $3.26 billion. During the same quarter in the previous year, the business earned $1.97 earnings per share. UGI's revenue for the quarter was up 8.1% on a year-over-year basis. As a group, sell-side analysts expect that UGI Corporation will post 3.02 EPS for the current year.

UGI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Friday, May 16th were issued a $0.375 dividend. The ex-dividend date was Monday, June 16th. This represents a $1.50 dividend on an annualized basis and a yield of 4.27%. UGI's payout ratio 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.