UGI Co. (NYSE:UGI) Shares Sold by Barclays PLC

Barclays PLC cut its stake in UGI Co. (NYSE:UGI) by 37.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,392 shares of the utilities provider’s stock after selling 116,418 shares during the period. Barclays PLC owned 0.09% of UGI worth $5,573,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Bessemer Group Inc. grew its holdings 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 last quarter. S.A. Mason LLC purchased a new stake in UGI during the 4th quarter valued at about $27,000. Flagship Wealth Advisors LLC acquired a new position in shares of UGI in the fourth quarter valued at about $30,000. Golden State Wealth Management LLC acquired a new stake in shares of UGI during the fourth quarter worth about $36,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of UGI during the fourth quarter worth about $36,000. Hedge funds and other institutional investors own 82.34% of the company’s stock.

Insider Activity

In other news, insider Michael Sharp acquired 4,806 shares of the business’s stock in a transaction on Thursday, February 27th. The stock was bought at an average price of $33.30 per share, with a total value of $160,039.80. Following the completion of the acquisition, the insider now owns 4,806 shares of the company’s stock, valued at approximately $160,039.80. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.73% of the company’s stock.

UGI Price Performance

Shares of NYSE:UGI opened at $32.66 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44. UGI Co. has a twelve month low of $22.01 and a twelve month high of $34.49. The company’s 50 day moving average is $32.61 and its 200 day moving average is $29.43. The company has a market cap of $7.02 billion, a PE ratio of 12.86, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05.

UGI (NYSE:UGI) last posted its earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) 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%. On average, sell-side analysts forecast that UGI Co. will post 3.02 EPS for the current year.

UGI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th were paid a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.59%. UGI’s payout ratio is 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.