Barclays PLC Sells 116,418 Shares of UGI Co. (NYSE:UGI)

Barclays PLC lessened its stake in shares of UGI Co. (NYSE:UGI - Free Report) by 37.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 197,392 shares of the utilities provider's stock after selling 116,418 shares during the quarter. Barclays PLC owned 0.09% of UGI worth $5,573,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of UGI. Bragg Financial Advisors Inc increased its holdings in shares of UGI by 20.9% during the fourth quarter. Bragg Financial Advisors Inc now owns 874,069 shares of the utilities provider's stock worth $24,675,000 after buying an additional 150,910 shares in the last quarter. Treasurer of the State of North Carolina increased its holdings in UGI by 3.1% during the 4th quarter. Treasurer of the State of North Carolina now owns 94,519 shares of the utilities provider's stock valued at $2,668,000 after purchasing an additional 2,840 shares in the last quarter. Neuberger Berman Group LLC raised its position in UGI by 5,215.3% in the 4th quarter. Neuberger Berman Group LLC now owns 1,560,265 shares of the utilities provider's stock valued at $44,046,000 after purchasing an additional 1,530,911 shares during the last quarter. LSV Asset Management boosted its stake in UGI by 10.0% in the fourth quarter. LSV Asset Management now owns 3,786,293 shares of the utilities provider's stock worth $106,887,000 after purchasing an additional 343,942 shares in the last quarter. Finally, Bessemer Group Inc. grew its holdings in shares of UGI by 216.7% during the fourth 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. 82.34% of the stock is currently owned by institutional investors.

Insider Buying and Selling at UGI

In related news, insider Michael Sharp purchased 4,806 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were bought at an average price of $33.30 per share, with a total value of $160,039.80. Following the purchase, the insider now directly owns 4,806 shares in the company, valued at $160,039.80. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.73% of the company's stock.

UGI Price Performance

Shares of UGI stock traded down $0.19 during trading hours on Wednesday, reaching $32.56. 764,233 shares of the company were exchanged, compared to its average volume of 2,256,668. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.00 and a quick ratio of 0.82. The company has a market cap of $6.99 billion, a price-to-earnings ratio of 12.82, a P/E/G ratio of 2.26 and a beta of 1.05. The stock's fifty day moving average is $32.61 and its two-hundred day moving average is $29.59. UGI Co. has a fifty-two week low of $22.01 and a fifty-two week high of $34.49.

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%. Sell-side analysts forecast that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were issued a $0.375 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.50 annualized dividend and a yield of 4.61%. 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.