Waterloo Capital L.P. Has $2.89 Million Stock Holdings in UGI Corporation $UGI

Waterloo Capital L.P. increased its stake in shares of UGI Corporation (NYSE:UGI) by 30.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,302 shares of the utilities provider’s stock after buying an additional 18,508 shares during the period. Waterloo Capital L.P.’s holdings in UGI were worth $2,888,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in UGI. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of UGI by 170.3% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,470,299 shares of the utilities provider’s stock worth $89,968,000 after acquiring an additional 1,556,273 shares during the last quarter. Neuberger Berman Group LLC increased its holdings in shares of UGI by 91.5% in the first quarter. Neuberger Berman Group LLC now owns 2,987,818 shares of the utilities provider’s stock valued at $98,807,000 after purchasing an additional 1,427,553 shares in the last quarter. HG Vora Capital Management LLC bought a new position in UGI in the 1st quarter worth approximately $33,070,000. Nuveen LLC bought a new position in UGI in the 1st quarter worth approximately $20,988,000. Finally, RPG Investment Advisory LLC lifted its holdings in UGI by 103.0% during the 1st quarter. RPG Investment Advisory LLC now owns 581,432 shares of the utilities provider’s stock worth $19,228,000 after buying an additional 295,050 shares in the last quarter. Institutional investors own 82.34% of the company’s stock.

UGI Stock Up 7.1%

Shares of UGI stock opened at $37.61 on Friday. UGI Corporation has a 12 month low of $25.11 and a 12 month high of $37.78. The business has a fifty day simple moving average of $33.40 and a 200 day simple moving average of $34.79. The company has a quick ratio of 0.56, a current ratio of 0.70 and a debt-to-equity ratio of 1.16. The stock has a market cap of $8.08 billion, a PE ratio of 19.79 and a beta of 1.06.

UGI (NYSE:UGI) last posted its earnings results on Thursday, November 20th. The utilities provider reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.44) by $0.21. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.52 billion. UGI had a return on equity of 15.73% and a net margin of 5.70%.The company’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period in the previous year, the company earned ($1.27) EPS. UGI has set its FY 2026 guidance at 2.900-3.15 EPS. Research analysts predict that UGI Corporation will post 3.02 EPS for the current year.

UGI Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 1st. Shareholders of record on Monday, December 15th will be issued a $0.375 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.50 annualized dividend and a yield of 4.0%. UGI’s dividend payout ratio (DPR) is 48.23%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Weiss Ratings restated a “hold (c-)” rating on shares of UGI in a research report on Wednesday, October 8th. Zacks Research upgraded UGI to a “hold” rating in a research report on Monday, August 11th. Jefferies Financial Group restated a “buy” rating and set a $45.00 target price on shares of UGI in a research report on Wednesday. Finally, Wall Street Zen cut shares of UGI from a “buy” rating to a “hold” rating in a research report on Saturday. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $42.00.

UGI Profile

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.