Mitsubishi UFJ Trust & Banking Corp grew its position in shares of UGI Corp (NYSE:UGI) by 2.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 352,690 shares of the utilities provider’s stock after purchasing an additional 9,403 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.20% of UGI worth $16,527,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Pacer Advisors Inc. lifted its stake in UGI by 11.3% during the third quarter. Pacer Advisors Inc. now owns 29,415 shares of the utilities provider’s stock worth $1,378,000 after purchasing an additional 2,998 shares in the last quarter. Rhumbline Advisers lifted its stake in UGI by 0.4% during the third quarter. Rhumbline Advisers now owns 308,020 shares of the utilities provider’s stock worth $14,434,000 after purchasing an additional 1,116 shares in the last quarter. FDx Advisors Inc. acquired a new position in UGI during the third quarter worth $547,000. Aperio Group LLC lifted its stake in UGI by 8.2% during the third quarter. Aperio Group LLC now owns 62,652 shares of the utilities provider’s stock worth $2,936,000 after purchasing an additional 4,730 shares in the last quarter. Finally, Xact Kapitalforvaltning AB lifted its stake in UGI by 10.0% during the third quarter. Xact Kapitalforvaltning AB now owns 14,719 shares of the utilities provider’s stock worth $690,000 after purchasing an additional 1,336 shares in the last quarter. Institutional investors own 77.06% of the company’s stock.

UGI Corp (UGI) traded down $0.04 during trading on Friday, hitting $49.60. The stock had a trading volume of 728,401 shares, compared to its average volume of 695,131. UGI Corp has a 1-year low of $43.92 and a 1-year high of $52.00. The company has a quick ratio of 0.84, a current ratio of 1.00 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $8,588.34, a price-to-earnings ratio of 21.66 and a beta of 0.68.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 1st. Stockholders of record on Friday, December 15th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Thursday, December 14th. UGI’s dividend payout ratio is currently 40.65%.

A number of research analysts have commented on the company. Barclays decreased their price target on UGI from $48.00 to $47.00 and set an “underweight” rating on the stock in a research note on Friday, November 10th. BidaskClub raised UGI from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, Zacks Investment Research raised UGI from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. UGI presently has a consensus rating of “Hold” and a consensus target price of $48.75.

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UGI Profile

UGI Corporation is a holding company. The Company distributes, stores, transports and markets energy products and related services. It operates through six segments. The AmeriGas Propane segment consists of the propane distribution business of AmeriGas Partners, L.P. The UGI France segment consists of the French LPG distribution business of its subsidiaries, Antargaz, Finagaz and its liquefied petroleum gases (LPG) distribution businesses.

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Institutional Ownership by Quarter for UGI (NYSE:UGI)

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