RBF Capital LLC Sells 15,000 Shares of UGI Co. (NYSE:UGI)

RBF Capital LLC reduced its stake in shares of UGI Co. (NYSE:UGI) by 20.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 60,000 shares of the utilities provider’s stock after selling 15,000 shares during the period. RBF Capital LLC’s holdings in UGI were worth $1,694,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Price T Rowe Associates Inc. MD grew its holdings in UGI by 2.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 207,251 shares of the utilities provider’s stock worth $5,852,000 after buying an additional 4,636 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of UGI by 9.9% in the 4th quarter. Hsbc Holdings PLC now owns 442,005 shares of the utilities provider’s stock worth $12,445,000 after acquiring an additional 39,780 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of UGI by 333.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 20,947 shares of the utilities provider’s stock valued at $591,000 after purchasing an additional 16,111 shares during the last quarter. MetLife Investment Management LLC lifted its position in shares of UGI by 9.2% during the fourth quarter. MetLife Investment Management LLC now owns 121,027 shares of the utilities provider’s stock valued at $3,417,000 after purchasing an additional 10,152 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in UGI by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,329,247 shares of the utilities provider’s stock worth $65,754,000 after purchasing an additional 120,819 shares during the last quarter. 82.34% of the stock is owned by hedge funds and other institutional investors.

UGI Trading Up 1.2 %

NYSE:UGI opened at $32.81 on Wednesday. UGI Co. has a 52 week low of $22.01 and a 52 week high of $34.49. The firm has a 50-day moving average price of $32.60 and a two-hundred day moving average price of $29.28. 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 $7.05 billion, a price-to-earnings ratio of 12.92, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI) last announced its earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, beating 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%. On average, equities analysts expect that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th were issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 4.57%. The ex-dividend date was Monday, March 17th. UGI’s dividend payout ratio (DPR) is 59.06%.

Insiders Place Their Bets

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. Company insiders own 0.73% of the company’s stock.

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.