Robecosam AG grew its holdings in UGI Corp (NYSE:UGI) by 95.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 225,000 shares of the utilities provider’s stock after purchasing an additional 110,000 shares during the quarter. Robecosam AG owned about 0.13% of UGI worth $10,584,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Cerebellum GP LLC acquired a new position in UGI in the fourth quarter worth $123,000. Tower Research Capital LLC TRC boosted its stake in UGI by 133.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,656 shares of the utilities provider’s stock worth $172,000 after purchasing an additional 2,090 shares in the last quarter. Kistler Tiffany Companies LLC boosted its stake in UGI by 41.6% in the fourth quarter. Kistler Tiffany Companies LLC now owns 4,224 shares of the utilities provider’s stock worth $198,000 after purchasing an additional 1,242 shares in the last quarter. Unio Capital LLC acquired a new position in UGI in the fourth quarter worth $216,000. Finally, Acropolis Investment Management LLC acquired a new position in UGI in the fourth quarter worth $248,000. 78.16% of the stock is currently owned by institutional investors.
UGI Corp (UGI) opened at $44.25 on Tuesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.85 and a current ratio of 0.98. UGI Corp has a one year low of $42.51 and a one year high of $52.00. The stock has a market capitalization of $7,600.52, a price-to-earnings ratio of 18.38, a PEG ratio of 2.13 and a beta of 0.62.
The company also recently declared a quarterly dividend, which will be paid on Sunday, April 1st. Stockholders of record on Thursday, March 15th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Wednesday, March 14th. UGI’s dividend payout ratio (DPR) is presently 30.96%.
In other news, insider Roger Perreault purchased 2,270 shares of the business’s stock in a transaction dated Wednesday, February 7th. The shares were acquired at an average price of $43.97 per share, with a total value of $99,811.90. Following the completion of the purchase, the insider now directly owns 21,049 shares of the company’s stock, valued at approximately $925,524.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.36% of the company’s stock.
A number of equities analysts have commented on UGI shares. Zacks Investment Research raised UGI from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a research note on Saturday, January 13th. Bank of America reissued a “buy” rating on shares of UGI in a research note on Tuesday, February 27th. Finally, Barclays reissued a “sell” rating and issued a $47.00 price objective on shares of UGI in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. UGI presently has a consensus rating of “Hold” and an average price target of $48.33.
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UGI Corporation is a holding company. The Company distributes, stores, transports and markets energy products and related services. It operates through six segments. The AmeriGas Propane segment consists of the propane distribution business of AmeriGas Partners, L.P. The UGI France segment consists of the French LPG distribution business of its subsidiaries, Antargaz, Finagaz and its liquefied petroleum gases (LPG) distribution businesses.
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