Pegasus Partners Ltd. acquired a new stake in shares of UGI Corp (NYSE:UGI) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 86,687 shares of the utilities provider’s stock, valued at approximately $4,070,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of UGI. APG Asset Management N.V. raised its stake in shares of UGI by 37.5% during the fourth quarter. APG Asset Management N.V. now owns 2,603,255 shares of the utilities provider’s stock valued at $101,784,000 after purchasing an additional 709,500 shares during the period. Reinhart Partners Inc. purchased a new stake in shares of UGI during the fourth quarter valued at approximately $20,733,000. Prudential Financial Inc. raised its stake in shares of UGI by 12.2% during the third quarter. Prudential Financial Inc. now owns 2,224,667 shares of the utilities provider’s stock valued at $104,248,000 after purchasing an additional 241,470 shares during the period. Mountain Pacific Investment Advisers Inc. ID raised its stake in shares of UGI by 235.3% during the third quarter. Mountain Pacific Investment Advisers Inc. ID now owns 226,985 shares of the utilities provider’s stock valued at $10,637,000 after purchasing an additional 159,285 shares during the period. Finally, SG Americas Securities LLC raised its stake in shares of UGI by 2,492.2% during the fourth quarter. SG Americas Securities LLC now owns 75,951 shares of the utilities provider’s stock valued at $3,566,000 after purchasing an additional 73,021 shares during the period. Institutional investors own 77.42% of the company’s stock.

Shares of UGI Corp (NYSE:UGI) opened at $43.29 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 0.98 and a debt-to-equity ratio of 0.99. The stock has a market cap of $7,614.36, a price-to-earnings ratio of 18.41 and a beta of 0.58. UGI Corp has a 12 month low of $42.51 and a 12 month high of $52.00.

UGI (NYSE:UGI) last issued its quarterly earnings results on Wednesday, January 31st. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.08. The business had revenue of $2.15 billion during the quarter, compared to analyst estimates of $1.87 billion. UGI had a net margin of 8.71% and a return on equity of 10.88%. The business’s revenue was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 earnings per share. analysts expect that UGI Corp will post 2.62 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Sunday, April 1st. Investors of record on Thursday, March 15th will be paid a $0.25 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.31%. UGI’s dividend payout ratio (DPR) is presently 30.96%.

A number of analysts have recently issued reports on UGI shares. Zacks Investment Research upgraded shares of UGI from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Thursday, January 25th. Barclays restated a “sell” rating and issued a $47.00 price target on shares of UGI in a research note on Friday, February 2nd.

In related news, insider Roger Perreault purchased 2,270 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was acquired at an average price of $43.97 per share, for a total transaction of $99,811.90. Following the completion of the purchase, the insider now owns 21,049 shares in the company, valued at $925,524.53. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.36% of the stock is currently owned by insiders.

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About UGI

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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Institutional Ownership by Quarter for UGI (NYSE:UGI)

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