Roffman Miller Associates Inc. PA Sells 11,395 Shares of UGI Co. (NYSE:UGI)

Roffman Miller Associates Inc. PA lessened its holdings in shares of UGI Co. (NYSE:UGI) by 6.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 169,353 shares of the utilities provider’s stock after selling 11,395 shares during the quarter. Roffman Miller Associates Inc. PA’s holdings in UGI were worth $4,166,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in UGI. GAMMA Investing LLC purchased a new stake in shares of UGI during the 4th quarter worth approximately $32,000. Fifth Third Bancorp increased its holdings in shares of UGI by 92.8% in the 3rd quarter. Fifth Third Bancorp now owns 2,075 shares of the utilities provider’s stock worth $48,000 after buying an additional 999 shares during the last quarter. Turtle Creek Wealth Advisors LLC bought a new stake in shares of UGI in the 4th quarter worth about $64,000. EverSource Wealth Advisors LLC boosted its stake in shares of UGI by 82.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,411 shares of the utilities provider’s stock worth $78,000 after purchasing an additional 1,542 shares during the period. Finally, Global Retirement Partners LLC raised its position in UGI by 32.6% in the 4th quarter. Global Retirement Partners LLC now owns 4,425 shares of the utilities provider’s stock worth $102,000 after purchasing an additional 1,089 shares during the period. 82.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on UGI shares. StockNews.com lowered UGI from a “buy” rating to a “hold” rating in a research report on Thursday, April 18th. Mizuho boosted their price objective on UGI from $26.00 to $27.00 and gave the company a “neutral” rating in a report on Wednesday, April 17th. Wells Fargo & Company lowered UGI from an “overweight” rating to an “equal weight” rating and increased their target price for the stock from $27.00 to $28.00 in a research note on Thursday, March 14th. Finally, TheStreet upgraded UGI from a “d+” rating to a “c-” rating in a research report on Wednesday, February 21st.

UGI Trading Down 0.7 %

Shares of NYSE:UGI traded down $0.19 during trading on Friday, reaching $25.54. 569,215 shares of the company were exchanged, compared to its average volume of 2,031,161. The business’s fifty day simple moving average is $24.53 and its 200-day simple moving average is $23.33. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.98 and a quick ratio of 0.79. UGI Co. has a 12-month low of $20.19 and a 12-month high of $34.26. The firm has a market capitalization of $5.35 billion, a PE ratio of -11.70 and a beta of 1.16.

UGI (NYSE:UGI) last announced its quarterly earnings data on Wednesday, January 31st. The utilities provider reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.08. The company had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.98 billion. UGI had a positive return on equity of 14.09% and a negative net margin of 5.48%. On average, research analysts anticipate that UGI Co. will post 2.9 EPS for the current year.

UGI Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were issued a $0.375 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.50 annualized dividend and a dividend yield of 5.87%. UGI’s payout ratio is currently -68.18%.

About UGI

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.