MSH Capital Advisors LLC Makes New $1.58 Million Investment in UGI Co. (NYSE:UGI)

MSH Capital Advisors LLC purchased a new position in UGI Co. (NYSE:UGI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 55,783 shares of the utilities provider’s stock, valued at approximately $1,575,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UGI. FMR LLC boosted its position in shares of UGI by 22.4% during the 4th quarter. FMR LLC now owns 11,529,202 shares of the utilities provider’s stock valued at $325,469,000 after acquiring an additional 2,110,337 shares during the last quarter. Geode Capital Management LLC raised its position in UGI by 6.2% during the 4th quarter. Geode Capital Management LLC now owns 5,058,998 shares of the utilities provider’s stock valued at $157,200,000 after purchasing an additional 296,028 shares in the last quarter. Federated Hermes Inc. increased its position in UGI by 25.5% during the 4th quarter. Federated Hermes Inc. now owns 4,962,740 shares of the utilities provider’s stock valued at $140,098,000 after purchasing an additional 1,007,156 shares during the period. LSV Asset Management boosted its position in UGI by 10.0% during the 4th quarter. LSV Asset Management now owns 3,786,293 shares of the utilities provider’s stock valued at $106,887,000 after acquiring an additional 343,942 shares in the last quarter. Finally, Norges Bank bought a new stake in UGI during the fourth quarter valued at about $103,115,000. Institutional investors own 82.34% of the company’s stock.

Insider Activity at UGI

In other news, insider Michael Sharp purchased 4,806 shares of the stock in a transaction on Thursday, February 27th. The stock was bought at an average price of $33.30 per share, for a total transaction of $160,039.80. Following the acquisition, the insider now directly owns 4,806 shares of the company’s stock, valued at approximately $160,039.80. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.73% of the stock is currently owned by insiders.

UGI Stock Performance

UGI opened at $32.06 on Wednesday. The firm’s 50-day moving average price is $32.52 and its 200-day moving average price is $28.99. The company has a market cap of $6.89 billion, a P/E ratio of 12.62, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. UGI Co. has a 52-week low of $22.01 and a 52-week high of $34.49. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44.

UGI (NYSE:UGI) last issued its earnings results on Wednesday, February 5th. The utilities provider reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.16. UGI had a return on equity of 15.19% and a net margin of 7.73%. As a group, equities analysts anticipate that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th were paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date was Monday, March 17th. UGI’s dividend payout ratio (DPR) is presently 59.06%.

UGI Company 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.