Kapitalo Investimentos Ltda purchased a new stake in UGI Co. (NYSE:UGI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 16,189 shares of the utilities provider's stock, valued at approximately $457,000. UGI comprises 0.3% of Kapitalo Investimentos Ltda's investment portfolio, making the stock its 22nd biggest holding.
Other institutional investors have also made changes to their positions in the company. AIA Group Ltd grew its holdings in UGI by 1.8% in the 4th quarter. AIA Group Ltd now owns 18,047 shares of the utilities provider's stock valued at $509,000 after buying an additional 323 shares during the last quarter. US Bancorp DE boosted its position in shares of UGI by 3.7% in the fourth quarter. US Bancorp DE now owns 10,826 shares of the utilities provider's stock valued at $306,000 after acquiring an additional 388 shares during the period. Hourglass Capital LLC grew its stake in shares of UGI by 0.6% in the fourth quarter. Hourglass Capital LLC now owns 82,520 shares of the utilities provider's stock worth $2,330,000 after acquiring an additional 470 shares during the last quarter. Wright Investors Service Inc. raised its stake in UGI by 1.3% during the 4th quarter. Wright Investors Service Inc. now owns 37,206 shares of the utilities provider's stock valued at $1,050,000 after purchasing an additional 484 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its stake in UGI by 15.1% during the 4th quarter. Venturi Wealth Management LLC now owns 3,749 shares of the utilities provider's stock valued at $106,000 after purchasing an additional 491 shares during the last quarter. 82.34% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
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, with a total value of $160,039.80. Following the acquisition, the insider now owns 4,806 shares of the company's stock, valued at approximately $160,039.80. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.73% of the company's stock.
UGI Stock Performance
NYSE UGI traded up $0.38 during midday trading on Friday, hitting $33.45. The company had a trading volume of 1,457,577 shares, compared to its average volume of 2,240,333. The firm has a fifty day simple moving average of $32.60 and a two-hundred day simple moving average of $29.72. UGI Co. has a fifty-two week low of $22.01 and a fifty-two week high of $34.49. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. The stock has a market cap of $7.19 billion, a price-to-earnings ratio of 13.17, a P/E/G ratio of 2.26 and a beta of 1.05.
UGI (NYSE:UGI - Get Free Report) last released its earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.16. UGI had a return on equity of 15.19% and a net margin of 7.73%. Equities analysts forecast that UGI Co. will post 3.02 earnings per share for the current fiscal year.
UGI Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were given a $0.375 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.50 annualized dividend and a yield of 4.48%. UGI's dividend payout ratio (DPR) is currently 59.06%.
About UGI
(
Free Report)
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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