Unitil Corp Q2 2018 Institutional Investor Sentiment Better Than Expected

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Sentiment for Unitil Corp (NYSE:UTL)

Unitil Corp (NYSE:UTL) institutional sentiment increased to 1.6 in 2018 Q2. Its up 0.02, from 1.58 in 2018Q1. The ratio is better, as 67 funds started new and increased holdings, while 42 trimmed and sold positions in Unitil Corp. The funds in our partner’s database reported: 9.24 million shares, up from 9.17 million shares in 2018Q1. Also, the number of funds holding Unitil Corp in their top 10 holdings increased from 0 to 1 for an increase of 1. Sold All: 9 Reduced: 33 Increased: 49 New Position: 18.

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 $751.09 million. It operates through three divisions: Utility Gas Operations, Utility Electric Operations, and Non-Regulated. It has a 22.32 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.

The stock increased 0.62% or $0.31 during the last trading session, reaching $50.5. About 52,871 shares traded or 52.22% up from the average. Unitil Corporation (NYSE:UTL) has risen 4.39% since December 7, 2017 and is uptrending. It has underperformed by 11.23% the S&P500.

Analysts await Unitil Corporation (NYSE:UTL) to report earnings on February, 7. They expect $0.75 EPS, down 5.06 % or $0.04 from last year’s $0.79 per share. UTL’s profit will be $11.15M for 16.83 P/E if the $0.75 EPS becomes a reality. After $0.19 actual EPS reported by Unitil Corporation for the previous quarter, Wall Street now forecasts 294.74 % EPS growth.

Impax Asset Management Llc holds 1.52% of its portfolio in Unitil Corporation for 500,954 shares. Next Financial Group Inc owns 59,857 shares or 1.17% of their US portfolio. Moreover, Eagle Boston Investment Management Inc has 0.9% invested in the company for 191,442 shares. The Massachusetts-based Aristotle Capital Boston Llc has invested 0.86% in the stock. Monarch Partners Asset Management Llc, a Massachusetts-based fund reported 145,106 shares.

More notable recent Unitil Corporation (NYSE:UTL) news were published by: Globenewswire.com which released: “Unitil Energy Files for a Change in Electric Distribution Rates for New Hampshire Customers – GlobeNewswire” on April 29, 2016, also Globenewswire.com with their article: “Unitil Announces Public Offering of Common Stock – GlobeNewswire” published on December 11, 2017, Globenewswire.com published: “Unitil Shareholders Elect New Director at Annual Meeting – GlobeNewswire” on April 25, 2018. More interesting news about Unitil Corporation (NYSE:UTL) were released by: Uk.Finance.Yahoo.com and their article: “A sweeping regulation will change how Europe uses the internet – Yahoo News” published on February 15, 2018 as well as Uk.Finance.Yahoo.com‘s news article titled: “Start-up that sold $1,000 breast pump has gone dark, leaving many unhappy customers behind – Yahoo Finance UK” with publication date: October 23, 2018.

Unitil Corporation (NYSE:UTL) Institutional Positions Chart

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