Unitil Corporation (NYSE:UTL) Can’t Be Less Risky. Short Interest Decreased

June 13, 2018 - By Kurt Siggers

Unitil Corporation (NYSE:UTL) Logo

Investors sentiment increased to 1.58 in Q1 2018. Its up 0.06, from 1.52 in 2017Q4. It increased, as 11 investors sold Unitil Corporation shares while 34 reduced holdings. 19 funds opened positions while 52 raised stakes. 9.17 million shares or 2.18% more from 8.97 million shares in 2017Q4 were reported.
Bank Of Mellon Corp holds 165,724 shares or 0% of its portfolio. First Tru Advsrs L P owns 14,232 shares. Renaissance Technology Ltd Company reported 0.04% stake. Webster National Bank & Trust N A stated it has 0% of its portfolio in Unitil Corporation (NYSE:UTL). Bancshares Of America Corp De has invested 0% of its portfolio in Unitil Corporation (NYSE:UTL). New York-based New York State Teachers Retirement Sys has invested 0% in Unitil Corporation (NYSE:UTL). Wells Fargo And Mn, a California-based fund reported 95,886 shares. Amer International Grp owns 0% invested in Unitil Corporation (NYSE:UTL) for 9,335 shares. Sei Invs Company invested in 0.01% or 54,063 shares. 7,993 are held by Hotchkis & Wiley Llc. 39,385 are held by Deutsche Bancorp Ag. Dimensional Fund Advsrs Lp holds 562,100 shares. Benjamin F Edwards has invested 0.01% of its portfolio in Unitil Corporation (NYSE:UTL). Vantage Inv Advsr Ltd Liability Com reported 264 shares or 0% of all its holdings. Ubs Asset Management Americas Inc stated it has 6,237 shares or 0% of all its holdings.

The stock of Unitil Corporation (NYSE:UTL) registered a decrease of 4.94% in short interest. UTL’s total short interest was 94,200 shares in June as published by FINRA. Its down 4.94% from 99,100 shares, reported previously. With 54,400 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 0.68%.

The stock decreased 1.02% or $0.5 during the last trading session, reaching $48.65. About 24,573 shares traded. Unitil Corporation (NYSE:UTL) has risen 1.02% since June 13, 2017 and is uptrending. It has underperformed by 11.55% 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 $723.00 million. It operates through three divisions: Utility Gas Operations, Utility Electric Operations, and Non-Regulated. It has a 23.65 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 2 analysts covering Unitil (NYSE:UTL), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Unitil had 3 analyst reports since December 18, 2017 according to SRatingsIntel. The stock has “Buy” rating by Janney Capital on Tuesday, December 26. The stock of Unitil Corporation (NYSE:UTL) has “Sell” rating given on Friday, April 13 by Bank of America.

Another recent and important Unitil Corporation (NYSE:UTL) news was published by Globenewswire.com which published an article titled: “Recent Analysis Shows UNITIL, Park Electrochemical, Financial Institutions, Guaranty, Marin Software, and Alpha and …” on May 25, 2018.

Unitil Corporation (NYSE:UTL) Institutional Positions Chart

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