UGI Corporation (NYSE:UGI) Shares Acquired by Huntleigh Advisors Inc.

Huntleigh Advisors Inc. lifted its position in shares of UGI Corporation (NYSE:UGI - Free Report) by 266.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,617 shares of the utilities provider's stock after purchasing an additional 25,163 shares during the quarter. Huntleigh Advisors Inc.'s holdings in UGI were worth $1,145,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its stake in shares of UGI by 2.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,555,075 shares of the utilities provider's stock worth $72,130,000 after purchasing an additional 51,861 shares during the period. Jump Financial LLC grew its stake in shares of UGI by 190.8% during the 4th quarter. Jump Financial LLC now owns 34,158 shares of the utilities provider's stock worth $964,000 after purchasing an additional 22,411 shares during the period. SG Americas Securities LLC acquired a new stake in shares of UGI during the 1st quarter worth approximately $1,124,000. QRG Capital Management Inc. acquired a new stake in shares of UGI during the 1st quarter worth approximately $534,000. Finally, Focus Partners Wealth acquired a new stake in shares of UGI during the 4th quarter worth approximately $331,000. Institutional investors and hedge funds own 82.34% of the company's stock.

UGI Price Performance

UGI stock opened at $35.16 on Friday. The company's fifty day moving average price is $35.29 and its 200 day moving average price is $32.62. UGI Corporation has a 1 year low of $22.01 and a 1 year high of $36.74. The stock has a market capitalization of $7.54 billion, a P/E ratio of 14.47, a P/E/G ratio of 2.16 and a beta of 1.05. 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 (NYSE:UGI - Get Free Report) last announced its earnings results on Wednesday, May 7th. The utilities provider reported $2.21 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.67 billion for the quarter, compared to analysts' expectations of $3.26 billion. During the same quarter in the previous year, the company posted $1.97 EPS. The firm's quarterly revenue was up 8.1% on a year-over-year basis. As a group, equities research analysts anticipate that UGI Corporation will post 3.02 earnings per share for the current fiscal year.

UGI Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Friday, May 16th were paid a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $1.50 annualized dividend and a yield of 4.27%. UGI's dividend payout ratio (DPR) is presently 61.73%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on UGI shares. Mizuho lifted their price target on shares of UGI from $38.00 to $39.00 and gave the company an "outperform" rating in a research note on Thursday, May 15th. Wall Street Zen raised shares of UGI from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 14th.

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.

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