MERIAN GLOBAL INVESTORS UK Ltd raised its stake in shares of UGI Corp (NYSE:UGI) by 8.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,419,127 shares of the utilities provider’s stock after buying an additional 106,786 shares during the quarter. MERIAN GLOBAL INVESTORS UK Ltd owned about 0.82% of UGI worth $75,710,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in UGI. Nissay Asset Management Corp Japan ADV raised its position in shares of UGI by 3.7% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 16,754 shares of the utilities provider’s stock worth $894,000 after buying an additional 603 shares during the period. Mackenzie Financial Corp purchased a new position in shares of UGI in the 4th quarter worth $246,000. Fort Pitt Capital Group LLC purchased a new position in shares of UGI in the 4th quarter worth $226,000. Canada Pension Plan Investment Board raised its position in shares of UGI by 13.6% in the 4th quarter. Canada Pension Plan Investment Board now owns 536,508 shares of the utilities provider’s stock worth $28,620,000 after buying an additional 64,200 shares during the period. Finally, WINTON GROUP Ltd raised its position in shares of UGI by 64.5% in the 4th quarter. WINTON GROUP Ltd now owns 16,082 shares of the utilities provider’s stock worth $858,000 after buying an additional 6,304 shares during the period. Hedge funds and other institutional investors own 80.97% of the company’s stock.

In other UGI news, Director M Shawn Bort sold 9,184 shares of the firm’s stock in a transaction dated Wednesday, November 28th. The stock was sold at an average price of $57.23, for a total value of $525,600.32. Following the transaction, the director now directly owns 14,345 shares of the company’s stock, valued at $820,964.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Anne Pol sold 3,000 shares of UGI stock in a transaction dated Monday, November 19th. The stock was sold at an average price of $57.24, for a total value of $171,720.00. Following the sale, the director now directly owns 8,478 shares in the company, valued at $485,280.72. The disclosure for this sale can be found here. Company insiders own 2.40% of the company’s stock.

Several research analysts recently weighed in on the company. Bank of America increased their target price on UGI from $52.00 to $54.00 and gave the stock a “neutral” rating in a research report on Monday, October 29th. UBS Group lowered UGI from a “buy” rating to a “neutral” rating and set a $63.00 target price on the stock. in a research report on Thursday, December 13th. They noted that the move was a valuation call. ValuEngine lowered UGI from a “buy” rating to a “hold” rating in a research report on Wednesday, December 26th. Finally, Zacks Investment Research reissued a “sell” rating on shares of UGI in a research report on Saturday, November 17th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $54.33.

NYSE:UGI opened at $53.44 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.89 and a current ratio of 1.03. UGI Corp has a 12 month low of $42.72 and a 12 month high of $59.31. The stock has a market capitalization of $9.29 billion, a price-to-earnings ratio of 19.50, a P/E/G ratio of 2.42 and a beta of 0.64.

UGI (NYSE:UGI) last released its quarterly earnings data on Tuesday, February 5th. The utilities provider reported $0.81 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.31). UGI had a net margin of 7.10% and a return on equity of 11.30%. The company had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.21 billion. During the same period last year, the business earned $1.01 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. Equities research analysts anticipate that UGI Corp will post 2.74 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 1st. Shareholders of record on Friday, March 15th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.95%. The ex-dividend date is Thursday, March 14th. UGI’s dividend payout ratio (DPR) is presently 37.96%.

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UGI Profile

UGI Corporation 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 1.7 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems and propane-powered generators.

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Institutional Ownership by Quarter for UGI (NYSE:UGI)

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