UGI Corporation $UGI Stock Position Boosted by Captrust Financial Advisors

Captrust Financial Advisors boosted its stake in UGI Corporation (NYSE:UGI) by 11.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,191,444 shares of the utilities provider’s stock after buying an additional 327,511 shares during the period. Captrust Financial Advisors’ holdings in UGI were worth $119,456,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UGI. Bare Financial Services Inc grew its position in UGI by 103.8% in the 3rd quarter. Bare Financial Services Inc now owns 1,345 shares of the utilities provider’s stock valued at $45,000 after buying an additional 685 shares in the last quarter. Torren Management LLC acquired a new stake in UGI in the 4th quarter valued at about $65,000. Colonial Trust Co SC acquired a new stake in UGI in the 4th quarter valued at about $75,000. Horizon Investments LLC acquired a new stake in UGI in the 4th quarter valued at about $93,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in UGI by 7.7% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 3,559 shares of the utilities provider’s stock valued at $133,000 after acquiring an additional 254 shares during the last quarter. Institutional investors own 82.34% of the company’s stock.

UGI Price Performance

UGI stock opened at $34.26 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10. UGI Corporation has a one year low of $31.62 and a one year high of $41.34. The firm has a market capitalization of $7.35 billion, a PE ratio of 12.02 and a beta of 0.93. The firm has a 50-day moving average of $35.48 and a two-hundred day moving average of $36.95.

UGI (NYSE:UGI) last posted its quarterly earnings data on Thursday, May 7th. The utilities provider reported $2.09 EPS for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.02). UGI had a net margin of 8.71% and a return on equity of 13.81%. The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $3.08 billion. During the same period in the prior year, the company posted $2.21 earnings per share. UGI’s quarterly revenue was up .7% compared to the same quarter last year. On average, analysts forecast that UGI Corporation will post 2.89 earnings per share for the current year.

UGI Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.50 dividend on an annualized basis and a yield of 4.4%. UGI’s dividend payout ratio is currently 52.63%.

Analyst Ratings Changes

A number of brokerages have weighed in on UGI. Wells Fargo & Company began coverage on shares of UGI in a report on Monday, May 11th. They issued an “overweight” rating and a $46.00 price target for the company. Jefferies Financial Group reissued a “hold” rating and issued a $40.00 price target (down from $45.00) on shares of UGI in a report on Thursday, April 30th. Finally, Weiss Ratings raised shares of UGI from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, UGI presently has an average rating of “Moderate Buy” and a consensus target price of $43.33.

UGI Company Profile

UGI Corporation (NYSE: UGI) is a publicly traded energy distribution company headquartered in King of Prussia, Pennsylvania. Founded in 1882 as the United Gas Improvement Company, UGI has grown into a diversified provider of energy products and services. The company’s operations are organized into three primary segments—AmeriGas Propane, UGI Utilities and UGI International—each focused on the delivery of propane, natural gas and related services to residential, commercial and industrial customers.

AmeriGas Propane, UGI’s largest segment, is the leading retail propane distributor in the United States with a network of dealers serving customers in all 50 states.