UGI Co. (NYSE:UGI) Shares Bought by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC raised its position in UGI Co. (NYSE:UGI) by 628.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,968 shares of the utilities provider’s stock after acquiring an additional 1,698 shares during the period. Capital Advisors Ltd. LLC’s holdings in UGI were worth $56,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UGI. FMR LLC lifted its stake in shares of UGI by 42.0% in the third quarter. FMR LLC now owns 9,418,865 shares of the utilities provider’s stock valued at $235,660,000 after purchasing an additional 2,786,878 shares during the period. Hennessy Advisors Inc. grew its holdings in shares of UGI by 2,050.9% during the fourth quarter. Hennessy Advisors Inc. now owns 2,375,752 shares of the utilities provider’s stock worth $67,067,000 after buying an additional 2,265,300 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of UGI by 33.8% during the third quarter. Geode Capital Management LLC now owns 4,762,970 shares of the utilities provider’s stock worth $127,246,000 after buying an additional 1,202,938 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of UGI by 47.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,503,214 shares of the utilities provider’s stock worth $62,630,000 after buying an additional 808,113 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of UGI by 105.8% during the third quarter. Thrivent Financial for Lutherans now owns 1,507,263 shares of the utilities provider’s stock worth $37,712,000 after buying an additional 774,770 shares in the last quarter. Institutional investors and hedge funds own 82.34% of the company’s stock.

Analysts Set New Price Targets

UGI has been the subject of a number of recent analyst reports. Mizuho upgraded shares of UGI from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $27.00 to $30.00 in a report on Friday, November 15th. Jefferies Financial Group initiated coverage on shares of UGI in a report on Friday, November 22nd. They issued a “buy” rating and a $28.00 target price for the company.

UGI Price Performance

UGI stock opened at $33.32 on Tuesday. 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 price of $29.88 and a 200 day moving average price of $26.79. The company has a market cap of $7.16 billion, a price-to-earnings ratio of 13.12, a PEG ratio of 2.26 and a beta of 1.21. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00.

UGI (NYSE:UGI) last released 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%. Sell-side analysts predict that UGI Co. will post 3.02 earnings per share for the current year.

UGI Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th will be given a dividend of $0.375 per share. The ex-dividend date is Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a yield of 4.50%. UGI’s dividend payout ratio (DPR) is 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.