Unitil Corp Sentiment Improves on Better Stock Potential

April 17, 2018 - By Maria Brooks

Unitil Corporation (NYSE:UTL) Logo

Sentiment for Unitil Corp (NYSE:UTL)

Unitil Corp (NYSE:UTL) institutional sentiment decreased to 1.52 in Q4 2017. Its down -0.12, from 1.64 in 2017Q3. The ratio has worsened, as 64 investment professionals increased or started new stock positions, while 42 decreased and sold positions in Unitil Corp. The investment professionals in our partner’s database now possess: 8.97 million shares, up from 8.44 million shares in 2017Q3. Also, the number of investment professionals holding Unitil Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 36 Increased: 44 New Position: 20.

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 $695.97 million. It operates through three divisions: Utility Gas Operations, Utility Electric Operations, and Non-Regulated. It has a 22.78 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 0.88% or $0.41 during the last trading session, reaching $46.85. About 6,317 shares traded. Unitil Corporation (NYSE:UTL) has risen 2.74% since April 17, 2017 and is uptrending. It has underperformed by 8.81% the S&P500.

Analysts await Unitil Corporation (NYSE:UTL) to report earnings on April, 26. They expect $0.92 EPS, up 4.55 % or $0.04 from last year’s $0.88 per share. UTL’s profit will be $13.67 million for 12.73 P/E if the $0.92 EPS becomes a reality. After $0.79 actual EPS reported by Unitil Corporation for the previous quarter, Wall Street now forecasts 16.46 % EPS growth.

Next Financial Group Inc holds 1.15% of its portfolio in Unitil Corporation for 59,022 shares. Impax Asset Management Llc owns 400,077 shares or 1.05% of their US portfolio. Moreover, Monarch Partners Asset Management Llc has 0.79% invested in the company for 185,714 shares. The Massachusetts-based Eagle Boston Investment Management Inc has invested 0.73% in the stock. Aristotle Capital Boston Llc, a Massachusetts-based fund reported 152,413 shares.#img1#

Unitil Corporation (NYSE:UTL) Ratings Coverage

Ratings analysis reveals 33% of Unitil Corp’s analysts are positive. Out of 3 Wall Street analysts rating Unitil Corp, 1 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $4400 while the high is $49. The stock’s average target of $45.50 is -2.88% below today’s ($46.85) share price. UTL was included in 4 notes of analysts from October 18, 2017. The firm earned “Buy” rating on Tuesday, December 26 by Janney Capital. RBC Capital Markets maintained Unitil Corporation (NYSE:UTL) rating on Wednesday, October 18. RBC Capital Markets has “Hold” rating and $47.0 target. Bank of America downgraded it to “Sell” rating and $4400 target in Friday, April 13 report.

Unitil Corporation (NYSE:UTL) Institutional Positions Chart

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