UGI Co. (NYSE:UGI) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC increased its stake in shares of UGI Co. (NYSE:UGI - Free Report) by 333.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,947 shares of the utilities provider's stock after purchasing an additional 16,111 shares during the quarter. Tower Research Capital LLC TRC's holdings in UGI were worth $591,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of UGI. Altshuler Shaham Ltd acquired a new position in UGI during the 4th quarter worth approximately $25,000. Bessemer Group Inc. increased its holdings in UGI by 216.7% in the fourth quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider's stock valued at $25,000 after buying an additional 611 shares during the last quarter. S.A. Mason LLC purchased a new stake in UGI during the 4th quarter worth about $27,000. GeoWealth Management LLC acquired a new position in shares of UGI during the 4th quarter worth about $27,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in UGI during the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 82.34% of the company's stock.

UGI Stock Up 1.1 %

UGI stock traded up $0.38 during mid-day 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 stock has a market cap of $7.19 billion, a price-to-earnings ratio of 13.17, a PEG ratio of 2.26 and a beta of 1.05. 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 1 year low of $22.01 and a 1 year high of $34.49. The business has a fifty day moving average of $32.60 and a 200 day moving average of $29.72.

UGI (NYSE:UGI - Get Free Report) last announced its quarterly 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 net margin of 7.73% and a return on equity of 15.19%. On average, sell-side analysts expect that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th were issued a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 4.48%. The ex-dividend date was Monday, March 17th. UGI's payout ratio is currently 59.06%.

Insider Activity at UGI

In related news, insider Michael Sharp bought 4,806 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were acquired at an average price of $33.30 per share, with a total value of $160,039.80. Following the completion of the acquisition, the insider now owns 4,806 shares in the company, valued at approximately $160,039.80. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.73% of the stock is owned by insiders.

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.