1 week Ago By ABMN Staff
Great Lakes Advisors LLC decreased its position in Unitil Co. ( NYSE:UTL – Free Report ) by 18.3% during the 2nd quarter, Holdings Channel reports.
The firm owned 96,123 shares of the utilities provider’s stock after selling 21,524 shares during the period. Great Lakes Advisors LLC’s holdings in Unitil were worth $4,978,000 at the end of the most recent quarter. Other hedge funds also recently made changes to their positions in the company.
Anchor Capital Advisors LLC grew its holdings in Unitil by 1.2% in the 1st quarter. Anchor Capital Advisors LLC now owns 25,615 shares of the utilities provider’s stock worth $1,341,000 after acquiring an additional 301 shares during the last quarter.
Victory Capital Management Inc. grew its stake in shares of Unitil by 1.6% in the second quarter.
Victory Capital Management Inc. now owns 20,419 shares of the utilities provider’s stock worth $1,058,000 after purchasing an additional 319 shares during the last quarter. Maryland State Retirement & Pension System increased its holdings in Unitil by 1.
9% during the 1st quarter. Maryland State Retirement & Pension System now owns 19,555 shares of the utilities provider’s stock valued at $954,000 after purchasing an additional 365 shares during the period. Commonwealth Equity Services LLC raised its position in Unitil by 5.
0% during the 1st quarter. Commonwealth Equity Services LLC now owns 12,088 shares of the utilities provider’s stock valued at $633,000 after purchasing an additional 581 shares during the last quarter. Finally, 1620 Investment Advisors Inc.
lifted its holdings in Unitil by 10.0% in the 2nd quarter. 1620 Investment Advisors Inc.
now owns 7,145 shares of the utilities provider’s stock worth $370,000 after buying an additional 648 shares during the period. 76.76% of the stock is owned by hedge funds and other institutional investors.
Unitil Price Performance UTL opened at $58.28 on Monday. The stock’s 50 day moving average price is $57.
68 and its 200-day moving average price is $53.60. Unitil Co.
has a 52-week low of $41.43 and a 52-week high of $62.53.
The stock has a market capitalization of $942.39 million, a PE ratio of 19.43 and a beta of 0.
60. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.
53 and a current ratio of 0.58. Unitil Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th.
Shareholders of record on Thursday, August 15th were given a dividend of $0.425 per share. This represents a $1.
70 annualized dividend and a yield of 2.92%. The ex-dividend date was Thursday, August 15th.
Unitil’s dividend payout ratio is currently 56.67%. About Unitil ( Free Report ) Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas.
It operates through two segments, Utility Electric Operations, Utility Gas Operations. The company 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 and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as electricity and natural gas in the greater Fitchburg area of north central Massachusetts. Read More Want to see what other hedge funds are holding UTL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Unitil Co. ( NYSE:UTL – Free Report ). Receive News & Ratings for Unitil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unitil and related companies with MarketBeat.
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