1,700 Shares in UGI Co. (NYSE:UGI) Bought by McClarren Financial Advisors Inc.

McClarren Financial Advisors Inc. bought a new position in UGI Co. (NYSE:UGI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,700 shares of the utilities provider’s stock, valued at approximately $48,000.

Several other large investors have also recently bought and sold shares of UGI. S.A. Mason LLC acquired a new position in shares of UGI in the fourth quarter valued at approximately $27,000. Concord Wealth Partners increased its position in UGI by 100.0% in the 3rd quarter. Concord Wealth Partners now owns 1,274 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 637 shares during the period. Golden State Wealth Management LLC bought a new position in shares of UGI during the fourth quarter valued at $36,000. UMB Bank n.a. lifted its holdings in shares of UGI by 67.1% during the fourth quarter. UMB Bank n.a. now owns 1,345 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 540 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in shares of UGI by 189.9% during the third quarter. Farther Finance Advisors LLC now owns 2,073 shares of the utilities provider’s stock worth $52,000 after purchasing an additional 1,358 shares during the period. 82.34% of the stock is currently owned by institutional investors.

UGI Price Performance

UGI stock opened at $32.31 on Thursday. The company has a quick ratio of 0.60, a current ratio of 0.80 and a debt-to-equity ratio of 1.48. The company’s fifty day simple moving average is $29.21 and its 200 day simple moving average is $26.33. UGI Co. has a 12-month low of $22.01 and a 12-month high of $32.63. The firm has a market cap of $6.94 billion, a price-to-earnings ratio of 12.72, a PEG ratio of 2.22 and a beta of 1.21.

UGI (NYSE:UGI) last announced its quarterly earnings data on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.16. UGI had a return on equity of 15.21% and a net margin of 7.73%. On average, analysts expect that UGI Co. will post 3 earnings per share for the current year.

UGI Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on UGI shares. Jefferies Financial Group assumed coverage on UGI in a research report on Friday, November 22nd. They set a “buy” rating and a $28.00 target price for the company. Mizuho upgraded UGI from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $27.00 to $30.00 in a research report on Friday, November 15th. Finally, Wells Fargo & Company upped their target price on UGI from $26.00 to $27.00 and gave the company an “equal weight” rating in a report on Wednesday, October 16th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.33.

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.