UGI Co. (NYSE:UGI) Position Boosted by Sanctuary Advisors LLC

Sanctuary Advisors LLC grew its holdings in shares of UGI Co. (NYSE:UGI) by 1,232.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 291,464 shares of the utilities provider’s stock after purchasing an additional 269,588 shares during the period. Sanctuary Advisors LLC’s holdings in UGI were worth $9,032,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in UGI. Creative Planning boosted its position in shares of UGI by 3.5% during the 3rd quarter. Creative Planning now owns 44,073 shares of the utilities provider’s stock valued at $1,103,000 after purchasing an additional 1,496 shares in the last quarter. Blue Trust Inc. lifted its stake in UGI by 64.2% during the third quarter. Blue Trust Inc. now owns 3,311 shares of the utilities provider’s stock valued at $76,000 after buying an additional 1,295 shares in the last quarter. Raymond James & Associates lifted its stake in UGI by 10.7% during the third quarter. Raymond James & Associates now owns 160,451 shares of the utilities provider’s stock valued at $4,014,000 after buying an additional 15,527 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in UGI by 945.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 51,280 shares of the utilities provider’s stock valued at $1,283,000 after buying an additional 46,377 shares in the last quarter. Finally, Signaturefd LLC lifted its stake in UGI by 7.2% during the third quarter. Signaturefd LLC now owns 7,885 shares of the utilities provider’s stock valued at $197,000 after buying an additional 531 shares in the last quarter. Institutional investors own 82.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on UGI shares. Jefferies Financial Group started coverage on shares of UGI in a research note on Friday, November 22nd. They set a “buy” rating and a $28.00 price objective for the company. Mizuho raised shares of UGI from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $27.00 to $30.00 in a research note on Friday, November 15th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.33.

UGI Price Performance

NYSE UGI opened at $33.03 on Wednesday. The company has a 50 day simple moving average of $29.53 and a 200-day simple moving average of $26.54. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.80 and a quick ratio of 0.60. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of 13.00, a price-to-earnings-growth ratio of 2.22 and a beta of 1.21. UGI Co. has a 52-week low of $22.01 and a 52-week high of $33.11.

UGI (NYSE:UGI) last posted its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.16. UGI had a net margin of 7.73% and a return on equity of 15.21%. Equities research analysts predict that UGI Co. will post 3 earnings per share for the current fiscal year.

UGI Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date of this dividend is Monday, March 17th. UGI’s dividend payout ratio (DPR) is 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.