LPL Financial LLC boosted its holdings in UGI Co. ( NYSE:UGI – Free Report ) by 28.2% in the fourth quarter, HoldingsChannel reports.
The firm owned 398,820 shares of the utilities provider’s stock after purchasing an additional 87,739 shares during the period. LPL Financial LLC’s holdings in UGI were worth $11,259,000 as of its most recent SEC filing. Other hedge funds have also recently bought and sold shares of the company.
S.A. Mason LLC purchased a new position in shares of UGI during the 4th quarter valued at approximately $27,000.
Flagship Wealth Advisors LLC acquired a new stake in UGI in the fourth quarter valued at $30,000. Golden State Wealth Management LLC bought a new position in UGI during the 4th quarter valued at $36,000. Vision Financial Markets LLC acquired a new position in UGI during the 4th quarter worth $36,000.
Finally, SBI Securities Co. Ltd. bought a new stake in shares of UGI in the 4th quarter worth about $37,000.
Institutional investors and hedge funds own 82.34% of the company’s stock. UGI Stock Performance Shares of UGI stock opened at $32.
38 on Friday. The stock has a market capitalization of $6.95 billion, a price-to-earnings ratio of 12.
75, a PEG ratio of 2.26 and a beta of 1.17.
UGI Co. has a one year low of $22.01 and a one year high of $34.
49. The company’s 50-day simple moving average is $32.48 and its 200-day simple moving average is $28.
53. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.
82 and a current ratio of 1.00. UGI Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st.
Shareholders of record on Monday, March 17th were paid a dividend of $0.375 per share. The ex-dividend date was Monday, March 17th.
This represents a $1.50 annualized dividend and a yield of 4.63%.
UGI’s payout ratio is 59.06%. Insider Transactions at UGI In related news, insider Michael Sharp purchased 4,806 shares of the company’s stock in a transaction dated Thursday, February 27th.
The shares were acquired at an average cost of $33.30 per share, for a total transaction of $160,039.80.
Following 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 ownership of the stock.
The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Insiders own 0.73% of the company’s stock.
UGI Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding UGI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UGI Co.
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Business
LPL Financial LLC Increases Position in UGI Co. (NYSE:UGI)

LPL Financial LLC boosted its holdings in UGI Co. (NYSE:UGI – Free Report) by 28.2% in the fourth quarter, HoldingsChannel reports. The firm owned 398,820 shares of the utilities provider’s stock after purchasing an additional 87,739 shares during the period. LPL Financial LLC’s holdings in UGI were worth $11,259,000 as of its most recent SEC [...]