Anderson Financial Strategies LLC Takes $41,000 Position in UGI Co. (NYSE:UGI)

Anderson Financial Strategies LLC purchased a new stake in UGI Co. (NYSE:UGI) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 1,466 shares of the utilities provider’s stock, valued at approximately $41,000.

Other large investors have also made changes to their positions in the company. Altshuler Shaham Ltd acquired a new stake in shares of UGI during the fourth quarter worth about $25,000. Bessemer Group Inc. increased its stake in UGI by 216.7% during the 4th quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 611 shares in the last quarter. S.A. Mason LLC acquired a new stake in UGI during the 4th quarter worth approximately $27,000. GeoWealth Management LLC bought a new position in UGI in the fourth quarter valued at approximately $27,000. Finally, Flagship Wealth Advisors LLC acquired a new position in shares of UGI in the fourth quarter valued at approximately $30,000. Institutional investors own 82.34% of the company’s stock.

Insider Activity

In other UGI news, insider Michael Sharp purchased 4,806 shares of the stock in a transaction on Thursday, February 27th. The shares were purchased at an average price of $33.30 per share, with a total value of $160,039.80. Following the completion of the transaction, the insider now directly owns 4,806 shares in the company, valued at $160,039.80. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.73% of the stock is currently owned by insiders.

UGI Trading Up 1.1 %

Shares of NYSE:UGI opened at $33.45 on Friday. The firm has a market cap of $7.19 billion, a price-to-earnings ratio of 13.17, a PEG ratio of 2.26 and a beta of 1.05. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. UGI Co. has a 12 month low of $22.01 and a 12 month high of $34.49. The company’s fifty day simple moving average is $32.60 and its 200 day simple moving average is $29.72.

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, topping analysts’ consensus estimates of $1.21 by $0.16. UGI had a return on equity of 15.19% and a net margin of 7.73%. As a group, research analysts forecast that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th were given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 4.48%. The ex-dividend date was Monday, March 17th. UGI’s dividend payout ratio (DPR) 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.