UGI Co. (NYSE:UGI) Shares Purchased by RPG Investment Advisory LLC

RPG Investment Advisory LLC increased its position in shares of UGI Co. (NYSE:UGI) by 0.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 286,382 shares of the utilities provider’s stock after acquiring an additional 433 shares during the period. RPG Investment Advisory LLC owned approximately 0.13% of UGI worth $8,085,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Easterly Investment Partners LLC grew its holdings in UGI by 0.8% during the third quarter. Easterly Investment Partners LLC now owns 59,238 shares of the utilities provider’s stock worth $1,482,000 after acquiring an additional 450 shares during the period. Hourglass Capital LLC grew its holdings in UGI by 0.6% during the fourth quarter. Hourglass Capital LLC now owns 82,520 shares of the utilities provider’s stock worth $2,330,000 after acquiring an additional 470 shares during the period. Wright Investors Service Inc. grew its holdings in UGI by 1.3% during the fourth quarter. Wright Investors Service Inc. now owns 37,206 shares of the utilities provider’s stock worth $1,050,000 after acquiring an additional 484 shares during the period. MetLife Investment Management LLC grew its holdings in UGI by 0.4% during the third quarter. MetLife Investment Management LLC now owns 110,875 shares of the utilities provider’s stock worth $2,774,000 after acquiring an additional 489 shares during the period. Finally, Venturi Wealth Management LLC grew its holdings in UGI by 15.1% during the fourth quarter. Venturi Wealth Management LLC now owns 3,749 shares of the utilities provider’s stock worth $106,000 after acquiring an additional 491 shares during the period. 82.34% of the stock is owned by institutional investors and hedge funds.

UGI Trading Up 1.1 %

Shares of UGI opened at $33.12 on Monday. The business’s 50-day moving average price is $29.88 and its 200 day moving average price is $26.77. The stock has a market capitalization of $7.11 billion, a P/E ratio of 13.04, a P/E/G ratio of 2.26 and a beta of 1.21. UGI Co. has a 1-year low of $22.01 and a 1-year high of $33.58. 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) last issued its quarterly 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%. Analysts expect that UGI Co. will post 3.02 earnings per share for the current year.

UGI Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.50 annualized dividend and a yield of 4.53%. UGI’s dividend payout ratio (DPR) is presently 59.06%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on UGI shares. Mizuho raised UGI from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $27.00 to $30.00 in a report on Friday, November 15th. Jefferies Financial Group began coverage on UGI in a research note on Friday, November 22nd. They issued a “buy” rating and a $28.00 price target on the stock.

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.