Universal Beteiligungs und Servicegesellschaft mbH Purchases New Stake in UGI Co. (NYSE:UGI)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of UGI Co. (NYSE:UGI - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 368,689 shares of the utilities provider's stock, valued at approximately $10,408,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.17% of UGI at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UGI. Barclays PLC raised its stake in shares of UGI by 7.8% in the 3rd quarter. Barclays PLC now owns 313,810 shares of the utilities provider's stock worth $7,852,000 after buying an additional 22,752 shares in the last quarter. Blue Trust Inc. grew its holdings in UGI by 31.7% during the fourth quarter. Blue Trust Inc. now owns 4,360 shares of the utilities provider's stock worth $123,000 after acquiring an additional 1,049 shares during the period. Pacer Advisors Inc. raised its position in UGI by 2.3% in the fourth quarter. Pacer Advisors Inc. now owns 32,009 shares of the utilities provider's stock worth $904,000 after acquiring an additional 727 shares in the last quarter. R Squared Ltd bought a new stake in UGI in the fourth quarter worth about $70,000. Finally, Alpha Omega Wealth Management LLC lifted its holdings in UGI by 24.2% in the 4th quarter. Alpha Omega Wealth Management LLC now owns 14,377 shares of the utilities provider's stock valued at $406,000 after acquiring an additional 2,798 shares during the last quarter. Institutional investors own 82.34% of the company's stock.

UGI Stock Performance

Shares of UGI stock traded down $0.77 during trading on Wednesday, reaching $35.49. The company's stock had a trading volume of 1,975,270 shares, compared to its average volume of 2,211,327. The firm has a market cap of $7.61 billion, a price-to-earnings ratio of 13.97, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The business's fifty day moving average price is $33.65 and its 200-day moving average price is $31.48. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00. UGI Co. has a one year low of $22.01 and a one year high of $36.55.

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 the consensus estimate 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 for the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter in the previous year, the firm posted $1.97 EPS. The business's revenue was up 8.1% compared to the same quarter last year. As a group, equities research analysts predict that UGI Co. will post 3.02 earnings per share for the current year.

UGI Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, May 16th will be issued a dividend of $0.375 per share. The ex-dividend date is Monday, June 16th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.23%. UGI's payout ratio is presently 61.73%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UGI. Wall Street Zen raised UGI from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Mizuho upped their price objective 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.

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.