Roffman Miller Associates Inc. PA Has $5.32 Million Stock Holdings in UGI Co. (NYSE:UGI)

Roffman Miller Associates Inc. PA increased its position in shares of UGI Co. (NYSE:UGI) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 188,270 shares of the utilities provider’s stock after buying an additional 4,965 shares during the quarter. Roffman Miller Associates Inc. PA’s holdings in UGI were worth $5,315,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Capital Advisors Ltd. LLC grew its position in UGI by 628.9% during the fourth quarter. Capital Advisors Ltd. LLC now owns 1,968 shares of the utilities provider’s stock worth $56,000 after buying an additional 1,698 shares in the last quarter. Wealthspire Advisors LLC grew its position in UGI by 4.5% during the fourth quarter. Wealthspire Advisors LLC now owns 17,251 shares of the utilities provider’s stock worth $487,000 after buying an additional 736 shares in the last quarter. Ieq Capital LLC grew its position in UGI by 298.8% during the fourth quarter. Ieq Capital LLC now owns 33,938 shares of the utilities provider’s stock worth $958,000 after buying an additional 25,428 shares in the last quarter. Good Life Advisors LLC acquired a new stake in UGI during the fourth quarter worth about $202,000. Finally, Beirne Wealth Consulting Services LLC bought a new position in UGI during the fourth quarter worth about $215,000. 82.34% of the stock is owned by institutional investors and hedge funds.

UGI Stock Performance

NYSE:UGI opened at $33.12 on Monday. UGI Co. has a 1 year low of $22.01 and a 1 year high of $33.58. The firm has a 50 day moving average of $29.88 and a 200-day moving average of $26.77. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $7.11 billion, a P/E ratio of 13.04, a price-to-earnings-growth ratio of 2.26 and a beta of 1.21.

UGI (NYSE:UGI) last posted its earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.16. UGI had a net margin of 7.73% and a return on equity of 15.19%. As a group, sell-side 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 will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date of this dividend is Monday, March 17th. UGI’s dividend payout ratio (DPR) is currently 59.06%.

Analysts Set New Price Targets

A number of brokerages have commented on UGI. Jefferies Financial Group began coverage on shares of UGI in a research note on Friday, November 22nd. They set a “buy” rating and a $28.00 price target for the company. Mizuho upgraded shares of UGI from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $27.00 to $30.00 in a research note on Friday, November 15th.

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.