UGI Corporation $UGI Holdings Raised by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in shares of UGI Corporation (NYSE:UGI) by 8.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 227,467 shares of the utilities provider’s stock after acquiring an additional 18,652 shares during the period. SG Americas Securities LLC owned about 0.11% of UGI worth $8,514,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its stake in UGI by 11.2% during the third quarter. Captrust Financial Advisors now owns 2,863,933 shares of the utilities provider’s stock valued at $95,254,000 after purchasing an additional 287,764 shares during the last quarter. Tudor Investment Corp ET AL raised its holdings in shares of UGI by 234.1% during the third quarter. Tudor Investment Corp ET AL now owns 95,545 shares of the utilities provider’s stock worth $3,178,000 after purchasing an additional 66,946 shares during the period. Foster & Motley Inc. lifted its position in shares of UGI by 10.6% in the 3rd quarter. Foster & Motley Inc. now owns 145,008 shares of the utilities provider’s stock worth $4,823,000 after buying an additional 13,892 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of UGI by 14.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 930,787 shares of the utilities provider’s stock valued at $30,781,000 after buying an additional 116,372 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of UGI by 17.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 785,327 shares of the utilities provider’s stock valued at $25,971,000 after buying an additional 115,409 shares during the period. 82.34% of the stock is currently owned by institutional investors.

Insider Buying and Selling at UGI

In other news, CAO Jean Felix Tematio sold 12,840 shares of UGI stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $38.07, for a total transaction of $488,818.80. Following the sale, the chief accounting officer owned 6,952 shares of the company’s stock, valued at approximately $264,662.64. The trade was a 64.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.57% of the company’s stock.

UGI Stock Performance

Shares of UGI opened at $36.67 on Tuesday. The firm has a fifty day moving average of $37.76 and a 200-day moving average of $36.26. The company has a market cap of $7.87 billion, a price-to-earnings ratio of 13.53 and a beta of 1.08. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.64 and a current ratio of 0.78. UGI Corporation has a 1 year low of $29.03 and a 1 year high of $41.34.

UGI (NYSE:UGI) last released its quarterly earnings data on Wednesday, February 4th. The utilities provider reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.24). The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.49 billion. UGI had a return on equity of 14.46% and a net margin of 8.17%.The firm’s revenue was up 2.6% on a year-over-year basis. During the same period last year, the business earned $1.37 EPS. As a group, equities analysts anticipate that UGI Corporation will post 3.02 earnings per share for the current year.

UGI Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 16th will be paid a $0.375 dividend. The ex-dividend date is Monday, March 16th. This represents a $1.50 annualized dividend and a dividend yield of 4.1%. UGI’s dividend payout ratio (DPR) is presently 55.35%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on UGI. UBS Group reiterated an “outperform” rating on shares of UGI in a research note on Monday, December 15th. Mizuho lifted their target price on UGI from $41.00 to $44.00 and gave the company an “outperform” rating in a research note on Monday, December 15th. Finally, Weiss Ratings raised UGI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $44.50.

About UGI

UGI Corporation (NYSE: UGI) is a publicly traded energy distribution company headquartered in King of Prussia, Pennsylvania. Founded in 1882 as the United Gas Improvement Company, UGI has grown into a diversified provider of energy products and services. The company’s operations are organized into three primary segments—AmeriGas Propane, UGI Utilities and UGI International—each focused on the delivery of propane, natural gas and related services to residential, commercial and industrial customers.

AmeriGas Propane, UGI’s largest segment, is the leading retail propane distributor in the United States with a network of dealers serving customers in all 50 states.