WINTON GROUP Ltd Makes New Investment in UGI Co. (NYSE:UGI)

WINTON GROUP Ltd acquired a new stake in shares of UGI Co. (NYSE:UGI) during the fourth quarter, Holdings Channel reports. The firm acquired 457,054 shares of the utilities provider’s stock, valued at approximately $12,903,000. UGI accounts for approximately 0.9% of WINTON GROUP Ltd’s holdings, making the stock its 21st largest position.

Several other large investors also recently modified their holdings of UGI. US Bancorp DE increased its position in shares of UGI by 3.7% during the 4th quarter. US Bancorp DE now owns 10,826 shares of the utilities provider’s stock worth $306,000 after purchasing an additional 388 shares in the last quarter. Hourglass Capital LLC increased its holdings in shares of UGI by 0.6% during the fourth quarter. Hourglass Capital LLC now owns 82,520 shares of the utilities provider’s stock worth $2,330,000 after buying an additional 470 shares in the last quarter. Wright Investors Service Inc. raised its stake in shares of UGI by 1.3% in the fourth quarter. Wright Investors Service Inc. now owns 37,206 shares of the utilities provider’s stock valued at $1,050,000 after acquiring an additional 484 shares during the last quarter. MetLife Investment Management LLC boosted its holdings in shares of UGI by 0.4% in the 3rd quarter. MetLife Investment Management LLC now owns 110,875 shares of the utilities provider’s stock worth $2,774,000 after acquiring an additional 489 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its holdings in UGI by 15.1% during the 4th quarter. Venturi Wealth Management LLC now owns 3,749 shares of the utilities provider’s stock valued at $106,000 after purchasing an additional 491 shares in the last quarter. 82.34% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Michael Sharp bought 4,806 shares of the company’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 completion of the transaction, the insider now directly owns 4,806 shares in the company, valued at $160,039.80. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.73% of the company’s stock.

UGI Price Performance

Shares of UGI stock opened at $33.01 on Thursday. UGI Co. has a 52 week low of $22.01 and a 52 week high of $34.49. The stock has a market capitalization of $7.09 billion, a PE ratio of 12.99, a PEG ratio of 2.26 and a beta of 1.17. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00. The stock’s fifty day moving average is $32.14 and its 200-day moving average is $28.17.

UGI (NYSE:UGI) last issued its quarterly earnings data 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 net margin of 7.73% and a return on equity of 15.19%. Equities research analysts expect that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 17th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 4.54%. The ex-dividend date is Monday, March 17th. UGI’s dividend payout ratio (DPR) is presently 59.06%.

About UGI

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.