UGI Co. (NYSE:UGI) Shares Sold by Foundry Partners LLC

Foundry Partners LLC decreased its stake in UGI Co. (NYSE:UGI) by 10.7% in the 4th quarter, Holdings Channel reports. The firm owned 342,439 shares of the utilities provider’s stock after selling 41,241 shares during the quarter. Foundry Partners LLC’s holdings in UGI were worth $9,667,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in UGI. S.A. Mason LLC acquired a new stake in UGI in the fourth quarter valued at $27,000. Flagship Wealth Advisors LLC acquired a new stake in shares of UGI in the fourth quarter valued at approximately $30,000. Golden State Wealth Management LLC acquired a new stake in shares of UGI during the fourth quarter valued at $36,000. Vision Financial Markets LLC purchased a new position in UGI in the 4th quarter valued at about $36,000. Finally, SBI Securities Co. Ltd. purchased a new stake in UGI in the 4th quarter worth approximately $37,000. 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 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 transaction, the insider now directly owns 4,806 shares of the company’s stock, valued at $160,039.80. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.73% of the company’s stock.

UGI Stock Down 4.0 %

Shares of NYSE:UGI opened at $32.38 on Friday. UGI Co. has a 12-month low of $22.01 and a 12-month high of $34.49. The stock’s 50-day moving average price is $32.48 and its two-hundred day moving average price is $28.53. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44. The firm has a market cap of $6.95 billion, a price-to-earnings ratio of 12.75, a PEG ratio of 2.26 and a beta of 1.17.

UGI (NYSE:UGI) last announced its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share 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, research analysts forecast that UGI Co. will post 3.02 EPS for the current year.

UGI Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th were given a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 4.63%. The ex-dividend date of this dividend was Monday, March 17th. UGI’s payout ratio 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.