St. James Investment Company LLC Makes New Investment in UGI Corporation (NYSE:UGI)

St. James Investment Company LLC acquired a new stake in shares of UGI Corporation (NYSE:UGI - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 238,860 shares of the utilities provider's stock, valued at approximately $7,899,000. UGI accounts for approximately 1.3% of St. James Investment Company LLC's investment portfolio, making the stock its 22nd biggest position. St. James Investment Company LLC owned 0.11% of UGI as of its most recent SEC filing.

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

UGI Trading Down 0.1%

Shares of UGI stock traded down $0.04 during trading hours on Thursday, hitting $35.16. The company's stock had a trading volume of 1,497,459 shares, compared to its average volume of 2,080,471. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.23 and a quick ratio of 1.05. The company has a market capitalization of $7.54 billion, a PE ratio of 14.47, a price-to-earnings-growth ratio of 2.16 and a beta of 1.05. UGI Corporation has a 12 month low of $22.01 and a 12 month high of $36.74. The stock has a 50 day moving average of $35.24 and a 200 day moving average of $32.57.

UGI (NYSE:UGI - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $2.67 billion during the quarter, compared to the consensus estimate of $3.26 billion. UGI had a return on equity of 16.21% and a net margin of 7.28%. UGI's quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the company earned $1.97 earnings per share. Analysts predict that UGI Corporation will post 3.02 earnings per share for the current year.

UGI Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Friday, May 16th were given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.27%. The ex-dividend date was Monday, June 16th. UGI's dividend payout ratio is currently 61.73%.

Analyst Ratings Changes

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

UGI 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.