2 weeks Ago By Defense World Staff
Natixis Advisors LLC increased its stake in shares of UGI Co. (NYSE:UGI – Free Report) by 23.7% during the 4th quarter, according to the company in its most recent filing with the SEC.
The fund owned 49,830 shares of the utilities provider’s stock after purchasing an additional 9,549 shares during the quarter. Natixis Advisors LLC’s holdings in UGI were worth $1,407,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently bought and sold shares of UGI.
US Bancorp DE increased its position in UGI by 3.7% during the fourth quarter. US Bancorp DE now owns 10,826 shares of the utilities provider’s stock valued at $306,000 after acquiring an additional 388 shares during the last quarter.
Hourglass Capital LLC grew its holdings in UGI by 0.6% during the 4th quarter. Hourglass Capital LLC now owns 82,520 shares of the utilities provider’s stock valued at $2,330,000 after purchasing an additional 470 shares during the last quarter.
Wright Investors Service Inc. raised its position in UGI by 1.3% in the 4th quarter.
Wright Investors Service Inc. now owns 37,206 shares of the utilities provider’s stock worth $1,050,000 after purchasing an additional 484 shares during the period. MetLife Investment Management LLC lifted its stake in UGI by 0.
4% in the third quarter. MetLife Investment Management LLC now owns 110,875 shares of the utilities provider’s stock worth $2,774,000 after purchasing an additional 489 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its position in shares of UGI by 15.
1% during the fourth quarter. Venturi Wealth Management LLC now owns 3,749 shares of the utilities provider’s stock valued at $106,000 after buying an additional 491 shares during the period. Hedge funds and other institutional investors own 82.
34% of the company’s stock. Insider Buying and Selling at UGIIn related news, insider Michael Sharp purchased 4,806 shares of the firm’s stock in a transaction dated Thursday, February 27th. The stock was purchased at an average price of $33.
30 per share, with a total value of $160,039.80. Following the completion of the purchase, the insider now owns 4,806 shares of the company’s stock, valued at approximately $160,039.
80. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
0.73% of the stock is owned by corporate insiders. UGI Trading Down 0.
9 %Shares of NYSE UGI opened at $32.85 on Wednesday. UGI Co.
has a fifty-two week low of $22.01 and a fifty-two week high of $34.49.
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 has a market cap of $7.06 billion, a price-to-earnings ratio of 12.
93, a PEG ratio of 2.26 and a beta of 1.17.
The business’s 50 day moving average price is $32.07 and its 200-day moving average price is $28.14.
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%. On average, sell-side analysts expect that UGI Co.
will post 3.02 earnings per share for the current year. UGI Announces DividendThe business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st.
Investors of record on Monday, March 17th will be issued a dividend of $0.375 per share. The ex-dividend date is Monday, March 17th.
This represents a $1.50 dividend on an annualized basis and a yield of 4.57%.
UGI’s payout ratio is 59.06%. UGI Company 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.
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