MSH Capital Advisors LLC Acquires New Stake in UGI Co. (NYSE:UGI)

MSH Capital Advisors LLC bought a new position in shares of UGI Co. (NYSE:UGI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 55,783 shares of the utilities provider’s stock, valued at approximately $1,575,000.

Several other institutional investors and hedge funds have also bought and sold shares of UGI. Bessemer Group Inc. raised its holdings in UGI by 216.7% in the 4th quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 611 shares during the period. S.A. Mason LLC acquired a new stake in shares of UGI during the 4th quarter valued at $27,000. Flagship Wealth Advisors LLC bought a new position in UGI in the 4th quarter valued at approximately $30,000. Golden State Wealth Management LLC bought a new stake in shares of UGI in the fourth quarter worth $36,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of UGI in the fourth quarter valued at about $36,000. Institutional investors own 82.34% of the company’s stock.

Insider Buying and Selling

In other UGI news, insider Michael Sharp bought 4,806 shares of the firm’s stock in a transaction that occurred on 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 acquisition, the insider now directly owns 4,806 shares in the company, valued at $160,039.80. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.73% of the stock is owned by corporate insiders.

UGI Stock Performance

Shares of UGI stock opened at $32.06 on Wednesday. The company has a market cap of $6.89 billion, a P/E ratio of 12.62, a PEG ratio of 2.26 and a beta of 1.05. UGI Co. has a 1-year low of $22.01 and a 1-year high of $34.49. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44. The business has a 50-day moving average price of $32.52 and a two-hundred day moving average price of $28.99.

UGI (NYSE:UGI) last released its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share 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%. As a group, analysts anticipate that UGI Co. will post 3.02 EPS for the current year.

UGI Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 4.68%. The ex-dividend date was Monday, March 17th. UGI’s dividend payout ratio is currently 59.06%.

UGI 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.