UGI Co. (NYSE:UGI) Shares Purchased by Xponance Inc.

Xponance Inc. grew its holdings in shares of UGI Co. (NYSE:UGI) by 47.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,038 shares of the utilities provider’s stock after acquiring an additional 11,020 shares during the period. Xponance Inc.’s holdings in UGI were worth $961,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. S.A. Mason LLC purchased a new stake in UGI during the 4th quarter worth approximately $27,000. Flagship Wealth Advisors LLC acquired a new stake in shares of UGI during the fourth quarter worth approximately $30,000. Golden State Wealth Management LLC bought a new stake in shares of UGI in the fourth quarter worth $36,000. Vision Financial Markets LLC acquired a new stake in UGI in the fourth quarter valued at $36,000. Finally, SBI Securities Co. Ltd. bought a new position in UGI during the 4th quarter valued at $37,000. 82.34% of the stock is owned by hedge funds and other institutional investors.

UGI Price Performance

Shares of UGI stock opened at $33.19 on Monday. The firm has a market cap of $7.13 billion, a P/E ratio of 13.07, a P/E/G ratio of 2.26 and a beta of 1.17. The firm has a fifty day moving average of $31.92 and a two-hundred day moving average of $28.01. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.00 and a quick ratio of 0.82. UGI Co. has a 1-year low of $22.01 and a 1-year high of $34.49.

UGI (NYSE:UGI) last announced its quarterly earnings data on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.16. UGI had a return on equity of 15.19% and a net margin of 7.73%. As a group, research analysts anticipate that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 17th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 4.52%. The ex-dividend date is Monday, March 17th. UGI’s dividend payout ratio is currently 59.06%.

Insider Buying and Selling

In other UGI news, insider Michael Sharp bought 4,806 shares of the company’s stock in a transaction on Thursday, February 27th. The shares were bought at an average cost 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 of the company’s stock, valued at approximately $160,039.80. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.73% of the stock is currently owned by company 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.