UGI Co. (NYSE:UGI) Stock Holdings Boosted by V Square Quantitative Management LLC

V Square Quantitative Management LLC boosted its position in shares of UGI Co. (NYSE:UGI) by 35.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,408 shares of the utilities provider’s stock after buying an additional 3,805 shares during the period. V Square Quantitative Management LLC’s holdings in UGI were worth $411,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. FMR LLC boosted its position in shares of UGI by 42.0% during the 3rd quarter. FMR LLC now owns 9,418,865 shares of the utilities provider’s stock valued at $235,660,000 after purchasing an additional 2,786,878 shares in the last quarter. Geode Capital Management LLC grew its position in UGI by 33.8% in the third quarter. Geode Capital Management LLC now owns 4,762,970 shares of the utilities provider’s stock worth $127,246,000 after buying an additional 1,202,938 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of UGI by 47.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,503,214 shares of the utilities provider’s stock valued at $62,630,000 after buying an additional 808,113 shares in the last quarter. Hennessy Advisors Inc. lifted its position in shares of UGI by 2,050.9% during the 4th quarter. Hennessy Advisors Inc. now owns 2,375,752 shares of the utilities provider’s stock valued at $67,067,000 after acquiring an additional 2,265,300 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in shares of UGI by 105.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,507,263 shares of the utilities provider’s stock worth $37,712,000 after acquiring an additional 774,770 shares in the last quarter. 82.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UGI has been the topic of a number of recent analyst reports. Jefferies Financial Group started coverage on UGI in a research report on Friday, November 22nd. They set a “buy” rating and a $28.00 target price on the stock. Mizuho raised shares of UGI from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $27.00 to $30.00 in a research note on Friday, November 15th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, UGI has a consensus rating of “Moderate Buy” and an average price target of $28.33.

UGI Stock Down 0.1 %

NYSE:UGI opened at $32.31 on Friday. The business’s fifty day moving average price is $29.45 and its 200 day moving average price is $26.48. The firm has a market capitalization of $6.94 billion, a price-to-earnings ratio of 12.72, a PEG ratio of 2.22 and a beta of 1.21. The company has a current ratio of 0.80, a quick ratio of 0.60 and a debt-to-equity ratio of 1.48. UGI Co. has a 1-year low of $22.01 and a 1-year high of $32.66.

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 analysts’ consensus estimates of $1.21 by $0.16. UGI had a net margin of 7.73% and a return on equity of 15.21%. On average, sell-side analysts forecast that UGI Co. will post 3 earnings per share for the current fiscal year.

UGI Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 17th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a yield of 4.64%. UGI’s payout ratio is 59.06%.

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.