RD Lewis Holdings Inc. Makes New $380,000 Investment in UGI Co. (NYSE:UGI)

RD Lewis Holdings Inc. purchased a new position in shares of UGI Co. (NYSE:UGI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,453 shares of the utilities provider’s stock, valued at approximately $380,000.

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

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group assumed coverage on UGI in a research note on Friday, November 22nd. They set a “buy” rating and a $28.00 price target for the company.

UGI Trading Down 0.3 %

NYSE:UGI opened at $33.03 on Tuesday. The stock has a fifty day moving average price of $31.53 and a two-hundred day moving average price of $27.78. The stock has a market capitalization of $7.09 billion, a price-to-earnings ratio of 13.00, a PEG ratio of 2.26 and a beta of 1.17. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.82 and a current ratio of 1.00. UGI Co. has a 1 year low of $22.01 and a 1 year high of $34.49.

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 return on equity of 15.19% and a net margin of 7.73%. As a group, sell-side analysts anticipate that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 17th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date is Monday, March 17th. UGI’s payout ratio is currently 59.06%.

Insiders Place Their Bets

In other news, insider Michael Sharp acquired 4,806 shares of UGI stock in a transaction dated Thursday, February 27th. The shares were acquired at an average cost of $33.30 per share, with a total value of $160,039.80. Following the purchase, the insider now directly owns 4,806 shares of the company’s stock, valued at approximately $160,039.80. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.73% of the stock is 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.