UGI Co. (NYSE:UGI) Shares Bought by First National Trust Co

First National Trust Co raised its position in UGI Co. (NYSE:UGI) by 78.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,471 shares of the utilities provider’s stock after buying an additional 20,400 shares during the period. First National Trust Co’s holdings in UGI were worth $1,312,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. S.A. Mason LLC acquired a new position in UGI in the 4th quarter worth about $27,000. Golden State Wealth Management LLC acquired a new position in shares of UGI during the 4th quarter worth approximately $36,000. Vision Financial Markets LLC purchased a new position in shares of UGI during the 4th quarter valued at approximately $36,000. SBI Securities Co. Ltd. acquired a new stake in UGI in the 4th quarter valued at $37,000. Finally, UMB Bank n.a. increased its holdings in UGI by 67.1% in the 4th quarter. UMB Bank n.a. now owns 1,345 shares of the utilities provider’s stock worth $38,000 after acquiring an additional 540 shares in the last quarter. Institutional investors and hedge funds own 82.34% of the company’s stock.

Insider Buying and Selling at UGI

In other news, insider Michael Sharp bought 4,806 shares of UGI stock in a transaction on Thursday, February 27th. The shares were bought at an average cost of $33.30 per share, with a total value of $160,039.80. Following the completion of the purchase, the insider now directly owns 4,806 shares of the company’s stock, valued at approximately $160,039.80. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.73% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Mizuho raised shares of UGI from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $27.00 to $30.00 in a report on Friday, November 15th. Jefferies Financial Group began coverage on shares of UGI in a research note on Friday, November 22nd. They issued a “buy” rating and a $28.00 price target on the stock.

UGI Price Performance

UGI stock opened at $33.14 on Friday. The company has a fifty day simple moving average of $31.43 and a 200-day simple moving average of $27.68. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $7.12 billion, a price-to-earnings ratio of 13.05, a PEG ratio of 2.26 and a beta of 1.17. UGI Co. has a 52-week low of $22.01 and a 52-week high of $34.49.

UGI (NYSE:UGI) last released its quarterly earnings data on Wednesday, February 5th. The utilities provider reported $1.37 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, equities analysts anticipate that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date is Monday, March 17th. UGI’s dividend payout ratio (DPR) 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.