Teacher Retirement System of Texas Has $703,000 Stock Position in UGI Co. (NYSE:UGI)

Teacher Retirement System of Texas lessened its holdings in shares of UGI Co. (NYSE:UGI) by 64.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,910 shares of the utilities provider’s stock after selling 45,801 shares during the quarter. Teacher Retirement System of Texas’ holdings in UGI were worth $703,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. FMR LLC lifted its holdings 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 raised its holdings in UGI by 33.8% during the 3rd 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 period. Charles Schwab Investment Management Inc. lifted its stake in UGI by 2.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,555,075 shares of the utilities provider’s stock valued at $72,130,000 after buying an additional 51,861 shares in the last quarter. Hennessy Advisors Inc. boosted its holdings in shares of UGI by 2,050.9% in the fourth quarter. Hennessy Advisors Inc. now owns 2,375,752 shares of the utilities provider’s stock valued at $67,067,000 after buying an additional 2,265,300 shares during the period. Finally, Thrivent Financial for Lutherans increased its position in shares of UGI by 19.3% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,797,648 shares of the utilities provider’s stock worth $50,748,000 after acquiring an additional 290,385 shares in the last quarter. 82.34% of the stock is currently owned by institutional investors.

Insider Transactions at UGI

In related news, insider Michael Sharp purchased 4,806 shares of UGI stock in a transaction that occurred on Thursday, February 27th. The stock was purchased at an average cost of $33.30 per share, with a total value of $160,039.80. Following the completion of the transaction, the insider now owns 4,806 shares of the company’s stock, valued at approximately $160,039.80. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.73% of the stock is currently owned by insiders.

UGI Trading Down 0.2 %

UGI opened at $32.88 on Monday. The stock has a market capitalization of $7.06 billion, a P/E ratio of 12.95, a P/E/G ratio of 2.26 and a beta of 1.17. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44. UGI Co. has a 12 month low of $22.01 and a 12 month high of $34.49. The firm’s fifty day simple moving average is $32.26 and its 200 day simple moving average is $28.33.

UGI (NYSE:UGI) last issued its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.16. UGI had a return on equity of 15.19% and a net margin of 7.73%. As a group, research analysts anticipate that UGI Co. will post 3.02 EPS for the current fiscal year.

UGI Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.56%. UGI’s dividend payout ratio (DPR) is presently 59.06%.

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.