4,000 Shares in UGI Co. (NYSE:UGI) Purchased by Mountain Hill Investment Partners Corp.

Mountain Hill Investment Partners Corp. purchased a new stake in UGI Co. (NYSE:UGI) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,000 shares of the utilities provider’s stock, valued at approximately $113,000.

Other institutional investors also recently made changes to their positions in the company. S.A. Mason LLC acquired a new position in shares of UGI during the fourth quarter worth about $27,000. Flagship Wealth Advisors LLC acquired a new position in shares of UGI in the 4th quarter valued at about $30,000. Golden State Wealth Management LLC acquired a new stake in shares of UGI during the 4th quarter worth approximately $36,000. Vision Financial Markets LLC acquired a new stake in UGI in the fourth quarter worth $36,000. Finally, SBI Securities Co. Ltd. bought a new stake in UGI in the 4th quarter valued at about $37,000. 82.34% of the stock is owned by hedge funds and other institutional investors.

UGI Price Performance

Shares of NYSE UGI opened at $33.19 on Monday. The firm’s 50-day simple moving average is $31.92 and its 200 day simple moving average is $28.01. 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 stock has a market cap of $7.13 billion, a P/E ratio of 13.07, a P/E/G ratio of 2.26 and a beta of 1.17. UGI Co. has a fifty-two week low of $22.01 and a fifty-two week high of $34.49.

UGI (NYSE:UGI) last posted 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%. Equities analysts expect that UGI Co. will post 3.02 EPS for the current year.

UGI Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 4.52%. The ex-dividend date is Monday, March 17th. UGI’s dividend payout ratio is 59.06%.

Insiders Place Their Bets

In other UGI news, insider Michael Sharp purchased 4,806 shares of the company’s 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 transaction, the insider now directly owns 4,806 shares in the company, valued at approximately $160,039.80. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.73% of the company’s stock.

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.