Nebula Research & Development LLC Purchases 49,678 Shares of UGI Co. (NYSE:UGI)

Nebula Research & Development LLC grew its stake in shares of UGI Co. (NYSE:UGI - Free Report) by 187.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 76,203 shares of the utilities provider's stock after purchasing an additional 49,678 shares during the quarter. Nebula Research & Development LLC's holdings in UGI were worth $2,151,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Altshuler Shaham Ltd acquired a new position in shares of UGI during the 4th quarter worth approximately $25,000. Bessemer Group Inc. increased its position in shares of UGI by 216.7% during the 4th quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider's stock worth $25,000 after purchasing an additional 611 shares during the last quarter. S.A. Mason LLC acquired a new position in shares of UGI during the 4th quarter worth approximately $27,000. GeoWealth Management LLC acquired a new position in shares of UGI during the 4th quarter worth approximately $27,000. Finally, Flagship Wealth Advisors LLC acquired a new position in shares of UGI during the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 82.34% of the company's stock.

Insider Transactions at UGI

In other news, insider Michael Sharp purchased 4,806 shares of UGI stock in a transaction that occurred on Thursday, February 27th. The stock was acquired at an average cost of $33.30 per share, for a total transaction of $160,039.80. Following the purchase, the insider now directly owns 4,806 shares of the company's stock, valued at $160,039.80. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.73% of the stock is currently owned by corporate insiders.

UGI Stock Performance

Shares of NYSE UGI traded down $0.31 during midday trading on Wednesday, hitting $32.44. 629,247 shares of the company's stock were exchanged, compared to its average volume of 2,135,357. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. UGI Co. has a 12 month low of $22.01 and a 12 month high of $34.49. The company's 50 day moving average price is $32.61 and its 200 day moving average price is $29.59. The firm has a market capitalization of $6.97 billion, a PE ratio of 12.77, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last issued its earnings results on Wednesday, February 5th. The utilities provider reported $1.37 EPS for the quarter, topping the consensus estimate of $1.21 by $0.16. UGI had a return on equity of 15.19% and a net margin of 7.73%. As a group, analysts predict that UGI Co. 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, April 1st. Stockholders of record on Monday, March 17th were paid a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.50 annualized dividend and a dividend yield of 4.62%. UGI's dividend payout ratio is currently 59.06%.

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.