RBF Capital LLC Has $1.69 Million Stake in UGI Co. (NYSE:UGI)

RBF Capital LLC decreased its position in UGI Co. (NYSE:UGI - Free Report) by 20.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 60,000 shares of the utilities provider's stock after selling 15,000 shares during the period. RBF Capital LLC's holdings in UGI were worth $1,694,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in UGI. JPMorgan Chase & Co. raised its holdings in UGI by 35.1% during the third quarter. JPMorgan Chase & Co. now owns 1,227,732 shares of the utilities provider's stock worth $30,718,000 after purchasing an additional 318,655 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of UGI by 254.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 181,687 shares of the utilities provider's stock valued at $5,138,000 after buying an additional 130,407 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in UGI by 2.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,555,075 shares of the utilities provider's stock valued at $72,130,000 after buying an additional 51,861 shares in the last quarter. Bleakley Financial Group LLC acquired a new position in UGI during the fourth quarter worth about $253,000. Finally, Jump Financial LLC raised its position in UGI by 190.8% in the fourth quarter. Jump Financial LLC now owns 34,158 shares of the utilities provider's stock worth $964,000 after acquiring an additional 22,411 shares in the last quarter. Institutional investors and hedge funds own 82.34% of the company's stock.

Insider Activity

In related news, insider Michael Sharp acquired 4,806 shares of the company's stock in a transaction on Thursday, February 27th. The shares were purchased at an average price of $33.30 per share, for a total transaction of $160,039.80. Following the purchase, the insider now owns 4,806 shares in the company, valued at $160,039.80. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.73% of the stock is currently owned by corporate insiders.

UGI Price Performance

Shares of NYSE:UGI traded down $0.09 during trading hours on Monday, hitting $32.54. 275,121 shares of the company's stock traded hands, compared to its average volume of 2,131,450. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00. The company's fifty day simple moving average is $32.61 and its two-hundred day simple moving average is $29.51. UGI Co. has a 52 week low of $22.01 and a 52 week high of $34.49. The company has a market cap of $6.99 billion, a price-to-earnings ratio of 12.81, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.16. UGI had a net margin of 7.73% and a return on equity of 15.19%. As a group, equities analysts anticipate that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders 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 dividend yield of 4.61%. UGI's dividend payout ratio (DPR) is presently 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.