Is Unitil Corporation (NYSE:UTL)’s Fuel Running Low? Reports Show More Sellers

March 14, 2018 - By Nellie Frank

 Is Unitil Corporation (NYSE:UTL)’s Fuel Running Low? Reports Show More Sellers

Investors sentiment increased to 1.64 in 2017 Q3. Its up 0.28, from 1.36 in 2017Q2. It is positive, as 7 investors sold Unitil Corporation shares while 32 reduced holdings. 18 funds opened positions while 46 raised stakes. 8.44 million shares or 3.00% more from 8.20 million shares in 2017Q2 were reported.
State Bank Of America Corp De has 61,184 shares. Tiaa Cref Investment Ltd Liability Co reported 41,843 shares or 0% of all its holdings. Trust Company Of Vermont invested in 515 shares or 0% of the stock. State Board Of Administration Of Florida Retirement Systems owns 0% invested in Unitil Corporation (NYSE:UTL) for 13,885 shares. Tower Research Cap Limited Liability (Trc) stated it has 0.01% in Unitil Corporation (NYSE:UTL). Jpmorgan Chase Communications invested 0% in Unitil Corporation (NYSE:UTL). 10,110 were reported by Los Angeles Capital Mngmt Equity Rech. Fuller & Thaler Asset reported 7,615 shares. Qs Investors Limited Liability Corp holds 20,351 shares or 0.01% of its portfolio. Schroder Inv Group Inc, Maine-based fund reported 4,260 shares. 150 are held by Advisory Ntwk Ltd Liability Co. Parametric Port Assocs Lc accumulated 104,757 shares. Sg Americas Securities Limited Liability invested in 2,668 shares or 0% of the stock. Symphony Asset Mgmt Ltd has 0.07% invested in Unitil Corporation (NYSE:UTL). Balyasny Asset Limited owns 9,582 shares.

The stock of Unitil Corporation (NYSE:UTL) registered an increase of 16.92% in short interest. UTL’s total short interest was 123,000 shares in March as published by FINRA. Its up 16.92% from 105,200 shares, reported previously. With 63,900 shares average volume, it will take short sellers 2 days to cover their UTL’s short positions. The short interest to Unitil Corporation’s float is 0.89%.

The stock increased 0.82% or $0.36 during the last trading session, reaching $44.14. About 52,971 shares traded. Unitil Corporation (NYSE:UTL) has risen 18.00% since March 14, 2017 and is uptrending. It has outperformed by 1.30% the S&P500.

Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas in the United States. The company has market cap of $654.02 million. It operates through three divisions: Utility Gas Operations, Utility Electric Operations, and Non-Regulated. It has a 21.46 P/E ratio. The firm distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire, portions of southern Maine to the Lewiston-Auburn area, and in the greater Fitchburg area of north central Massachusetts.

Unitil Corporation (NYSE:UTL) Ratings Coverage

Among 3 analysts covering Unitil Corporation (NYSE:UTL), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Unitil Corporation had 9 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Sunday, August 13 by RBC Capital Markets. The company was maintained on Monday, June 5 by RBC Capital Markets. The stock of Unitil Corporation (NYSE:UTL) earned “Buy” rating by Janney Capital on Friday, July 24. RBC Capital Markets maintained Unitil Corporation (NYSE:UTL) rating on Wednesday, October 18. RBC Capital Markets has “Hold” rating and $47.0 target. On Sunday, September 17 the stock rating was maintained by RBC Capital Markets with “Hold”. Janney Capital upgraded the stock to “Buy” rating in Tuesday, December 26 report. The firm earned “Sector Perform” rating on Monday, April 25 by RBC Capital Markets. The stock of Unitil Corporation (NYSE:UTL) has “Neutral” rating given on Thursday, October 15 by Janney Capital.

More recent Unitil Corporation (NYSE:UTL) news were published by: which released: “Unitil Announces Leadership Change Effective April 25, 2018” on March 01, 2018. Also published the news titled: “UNITIL Corporation (UTL) Ex-Dividend Date Scheduled for February 13, 2018” on February 12, 2018.‘s news article titled: “Unitil Corp. (UTL) Prices 600K Common Stock Offering at $48.30/Share” with publication date: December 12, 2017 was also an interesting one.

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