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

Guggenheim Capital LLC increased its stake in shares of UGI Co. (NYSE:UGI) by 19.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor 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 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Bessemer Group Inc. increased its position in shares of UGI by 216.7% during the fourth 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 period. S.A. Mason LLC purchased a new position in UGI during the fourth quarter valued at approximately $27,000. Flagship Wealth Advisors LLC bought a new stake in UGI during the 4th quarter worth approximately $30,000. Golden State Wealth Management LLC bought a new stake in UGI during the 4th quarter worth approximately $36,000. Finally, Vision Financial Markets LLC purchased a new stake in UGI in the 4th quarter worth approximately $36,000. Institutional investors own 82.34% of the company’s stock.

Insider Activity at UGI

In related news, insider Michael Sharp purchased 4,806 shares of the business’s stock in a transaction on Thursday, February 27th. The stock was acquired at an average price of $33.30 per share, with a total value of $160,039.80. Following the purchase, the insider now directly owns 4,806 shares in the company, valued at approximately $160,039.80. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.73% of the stock is currently owned by insiders.

UGI Stock Up 1.0 %

Shares of NYSE:UGI opened at $33.13 on Friday. The company has a market cap of $7.12 billion, a price-to-earnings ratio of 13.04, a PEG ratio of 2.26 and a beta of 1.05. UGI Co. has a one year low of $22.01 and a one year high of $34.49. The firm has a fifty day moving average price of $32.59 and a two-hundred day moving average price of $29.17. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.00 and a quick ratio of 0.82.

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

UGI Dividend Announcement

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