UGI Co. (NYSE:UGI) Stock Holdings Raised by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC lifted its stake in shares of UGI Co. (NYSE:UGI) by 32.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 76,292 shares of the utilities provider’s stock after purchasing an additional 18,592 shares during the period. Keeley Teton Advisors LLC’s holdings in UGI were worth $1,877,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UGI. Treasurer of the State of North Carolina lifted its position in shares of UGI by 0.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 91,762 shares of the utilities provider’s stock worth $2,111,000 after buying an additional 470 shares during the last quarter. Applied Finance Capital Management LLC raised its position in shares of UGI by 4.2% during the 4th quarter. Applied Finance Capital Management LLC now owns 12,583 shares of the utilities provider’s stock worth $310,000 after purchasing an additional 503 shares during the period. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of UGI by 2.5% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 21,623 shares of the utilities provider’s stock worth $497,000 after purchasing an additional 526 shares during the last quarter. Jacobi Capital Management LLC boosted its position in UGI by 1.9% during the 3rd quarter. Jacobi Capital Management LLC now owns 33,036 shares of the utilities provider’s stock valued at $760,000 after purchasing an additional 621 shares during the period. Finally, Fulton Bank N.A. boosted its position in UGI by 3.6% during the 4th quarter. Fulton Bank N.A. now owns 18,171 shares of the utilities provider’s stock valued at $447,000 after purchasing an additional 634 shares during the period. 82.34% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on UGI shares. Wells Fargo & Company lowered their price target on shares of UGI from $28.00 to $27.00 and set an “equal weight” rating for the company in a research report on Friday, May 3rd. TheStreet raised UGI from a “d+” rating to a “c-” rating in a report on Wednesday, February 21st. StockNews.com raised UGI from a “hold” rating to a “buy” rating in a report on Friday, May 3rd. Finally, Mizuho lifted their target price on UGI from $26.00 to $27.00 and gave the company a “neutral” rating in a research note on Wednesday, April 17th.

UGI Price Performance

Shares of UGI stock traded down $0.16 on Wednesday, hitting $24.56. The company had a trading volume of 1,609,724 shares, compared to its average volume of 2,103,279. UGI Co. has a 52 week low of $20.19 and a 52 week high of $29.76. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.21 and a quick ratio of 1.01. The company has a market cap of $5.15 billion, a PE ratio of -59.90 and a beta of 1.14. The business has a 50-day simple moving average of $24.70 and a 200-day simple moving average of $24.04.

UGI (NYSE:UGI) last issued its quarterly earnings results on Wednesday, May 1st. The utilities provider reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.32. The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $3.07 billion. UGI had a positive return on equity of 15.78% and a negative net margin of 0.89%. The firm’s quarterly revenue was down 20.6% on a year-over-year basis. During the same period last year, the company posted $1.68 EPS. Research analysts expect that UGI Co. will post 2.92 EPS for the current fiscal year.

UGI Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be given a dividend of $0.375 per share. The ex-dividend date is Friday, June 14th. This represents a $1.50 annualized dividend and a dividend yield of 6.11%. UGI’s dividend payout ratio (DPR) is -365.84%.

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.