Guggenheim Capital LLC Boosts Stock Holdings in UGI Co. (NYSE:UGI)

Guggenheim Capital LLC grew its position in UGI Co. (NYSE:UGI) by 19.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102,444 shares of the utilities provider’s stock after purchasing an additional 16,676 shares during the period. Guggenheim Capital LLC’s holdings in UGI were worth $2,892,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Bessemer Group Inc. increased its stake in UGI by 216.7% in the 4th quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider’s stock valued at $25,000 after buying an additional 611 shares during the last quarter. S.A. Mason LLC bought a new position in shares of UGI in the fourth quarter valued at approximately $27,000. Flagship Wealth Advisors LLC purchased a new stake in shares of UGI during the fourth quarter valued at approximately $30,000. Golden State Wealth Management LLC bought a new stake in UGI during the fourth quarter worth $36,000. Finally, Vision Financial Markets LLC purchased a new position in UGI in the fourth quarter worth $36,000. 82.34% of the stock is owned by institutional investors.

UGI Trading Up 1.0 %

Shares of UGI stock opened at $33.13 on Friday. The firm has a market cap of $7.12 billion, a PE ratio of 13.04, a P/E/G ratio of 2.26 and a beta of 1.05. UGI Co. has a 1 year low of $22.01 and a 1 year high of $34.49. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.00 and a quick ratio of 0.82. The stock has a fifty day moving average price of $32.59 and a 200-day moving average price of $29.17.

UGI (NYSE:UGI) last posted its quarterly earnings data on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, topping 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%. Equities research analysts anticipate that UGI Co. will post 3.02 EPS for the current year.

UGI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were paid a $0.375 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.50 annualized dividend and a yield of 4.53%. UGI’s payout ratio is 59.06%.

Insider Buying and Selling at UGI

In other news, insider Michael Sharp purchased 4,806 shares of the business’s stock in a transaction dated 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 purchase, the insider now owns 4,806 shares of the company’s stock, valued at $160,039.80. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.73% of the stock is owned by corporate insiders.

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.