Atlas Capital Advisors Inc. Buys Shares of 1,642 UGI Co. (NYSE:UGI)

Atlas Capital Advisors Inc. purchased a new position in shares of UGI Co. (NYSE:UGI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,642 shares of the utilities provider’s stock, valued at approximately $46,000.

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

UGI Stock Down 4.3 %

NYSE:UGI opened at $31.00 on Friday. The firm has a market capitalization of $6.66 billion, a price-to-earnings ratio of 12.20, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. UGI Co. has a twelve month low of $22.01 and a twelve month high of $34.49. The stock’s 50 day moving average price is $32.49 and its two-hundred day moving average price is $28.61.

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 the consensus estimate of $1.21 by $0.16. UGI had a net margin of 7.73% and a return on equity of 15.19%. Equities research analysts expect that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were paid a $0.375 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.50 annualized dividend and a yield of 4.84%. UGI’s dividend payout ratio (DPR) is currently 59.06%.

Insider Buying and Selling

In other UGI news, insider Michael Sharp bought 4,806 shares of UGI stock in a transaction dated Thursday, February 27th. The stock was bought at an average cost of $33.30 per share, for a total transaction of $160,039.80. Following the purchase, the insider now owns 4,806 shares of the company’s stock, valued at $160,039.80. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.73% of the stock is currently owned by corporate insiders.

UGI Company 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.