Occudo Quantitative Strategies LP Purchases Shares of 25,548 UGI Co. (NYSE:UGI)

Occudo Quantitative Strategies LP acquired a new position in UGI Co. (NYSE:UGI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,548 shares of the utilities provider's stock, valued at approximately $721,000.

Several other large investors also recently added to or reduced their stakes in UGI. Bessemer Group Inc. grew 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 valued at $25,000 after acquiring an additional 611 shares during the period. Altshuler Shaham Ltd purchased a new position in UGI during the fourth quarter valued at $25,000. GeoWealth Management LLC bought a new stake in UGI during the fourth quarter valued at about $27,000. S.A. Mason LLC purchased a new stake in UGI in the fourth quarter worth about $27,000. Finally, Flagship Wealth Advisors LLC bought a new position in shares of UGI in the fourth quarter worth about $30,000. 82.34% of the stock is currently owned by institutional investors.

Insider Buying and Selling at UGI

In other UGI news, insider Michael Sharp bought 4,806 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The stock was purchased at an average price of $33.30 per share, for a total transaction of $160,039.80. Following the completion of the transaction, the insider now 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 document filed with the SEC, which is available through this hyperlink. Insiders own 0.73% of the company's stock.

UGI Trading Down 0.8%

Shares of NYSE:UGI opened at $34.38 on Thursday. The stock has a 50 day moving average of $32.75 and a 200 day moving average of $30.24. The company has a market cap of $7.39 billion, a PE ratio of 13.54, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. UGI Co. has a 12-month low of $22.01 and a 12-month high of $35.41. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44.

UGI (NYSE:UGI - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The utilities provider reported $2.21 earnings per share 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 analyst estimates of $3.26 billion. UGI had a net margin of 7.73% and a return on equity of 15.19%. The company's revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.97 earnings per share. As a group, equities research analysts expect that UGI Co. will post 3.02 EPS for the current year.

UGI Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, May 16th will be paid a $0.375 dividend. The ex-dividend date is Monday, June 16th. This represents a $1.50 dividend on an annualized basis and a yield of 4.36%. UGI's payout ratio is presently 61.73%.

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.

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