UGI Co. (NYSE:UGI) Position Boosted by RPG Investment Advisory LLC

RPG Investment Advisory LLC grew its position in shares of UGI Co. (NYSE:UGI) by 0.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 286,382 shares of the utilities provider’s stock after acquiring an additional 433 shares during the period. RPG Investment Advisory LLC’s holdings in UGI were worth $8,085,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Roffman Miller Associates Inc. PA lifted its holdings in shares of UGI by 2.7% during the 4th quarter. Roffman Miller Associates Inc. PA now owns 188,270 shares of the utilities provider’s stock valued at $5,315,000 after buying an additional 4,965 shares during the last quarter. Capital Advisors Ltd. LLC lifted its holdings in shares of UGI by 628.9% during the 4th quarter. Capital Advisors Ltd. LLC now owns 1,968 shares of the utilities provider’s stock valued at $56,000 after buying an additional 1,698 shares during the last quarter. Wealthspire Advisors LLC lifted its holdings in shares of UGI by 4.5% during the 4th quarter. Wealthspire Advisors LLC now owns 17,251 shares of the utilities provider’s stock valued at $487,000 after buying an additional 736 shares during the last quarter. Ieq Capital LLC lifted its holdings in shares of UGI by 298.8% during the 4th quarter. Ieq Capital LLC now owns 33,938 shares of the utilities provider’s stock valued at $958,000 after buying an additional 25,428 shares during the last quarter. Finally, Good Life Advisors LLC acquired a new stake in shares of UGI during the 4th quarter valued at about $202,000. 82.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Mizuho upgraded UGI from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $27.00 to $30.00 in a report on Friday, November 15th. Jefferies Financial Group assumed coverage on UGI in a report on Friday, November 22nd. They issued a “buy” rating and a $28.00 target price for the company.

UGI Stock Up 1.1 %

UGI opened at $33.12 on Monday. The business has a 50 day moving average price of $29.88 and a 200 day moving average price of $26.77. UGI Co. has a twelve month low of $22.01 and a twelve month high of $33.58. 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 firm has a market cap 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 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%. Research analysts forecast that UGI Co. will post 3.02 EPS for the current year.

UGI Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th will be issued 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 dividend yield of 4.53%. UGI’s dividend payout ratio (DPR) is presently 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.