Nisa Investment Advisors LLC lifted its position in shares of Unitil Co. (NYSE:UTL) by 26.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,600 shares of the utilities provider’s stock after buying an additional 2,400 shares during the quarter. Nisa Investment Advisors LLC owned about 0.08% of Unitil worth $717,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. lifted its holdings in Unitil by 0.9% in the second quarter. BlackRock Inc. now owns 1,178,978 shares of the utilities provider’s stock valued at $70,610,000 after buying an additional 10,038 shares during the period. Vanguard Group Inc. grew its holdings in Unitil by 9.8% during the 2nd quarter. Vanguard Group Inc. now owns 876,534 shares of the utilities provider’s stock worth $52,495,000 after acquiring an additional 78,153 shares during the period. State Street Corp raised its position in shares of Unitil by 3.9% in the 3rd quarter. State Street Corp now owns 372,723 shares of the utilities provider’s stock worth $23,646,000 after acquiring an additional 13,926 shares in the last quarter. Nuveen Asset Management LLC raised its position in shares of Unitil by 1,241.1% in the 2nd quarter. Nuveen Asset Management LLC now owns 197,456 shares of the utilities provider’s stock worth $11,825,000 after acquiring an additional 182,733 shares in the last quarter. Finally, Dalton Greiner Hartman Maher & Co. raised its position in shares of Unitil by 4.5% in the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 92,012 shares of the utilities provider’s stock worth $5,688,000 after acquiring an additional 3,996 shares in the last quarter. Institutional investors own 63.15% of the company’s stock.
Separately, Zacks Investment Research upgraded Unitil from a “sell” rating to a “hold” rating in a research report on Saturday, December 28th.
Unitil stock opened at $63.77 on Tuesday. The stock has a market capitalization of $956.02 million, a price-to-earnings ratio of 21.69, a PEG ratio of 6.07 and a beta of 0.04. Unitil Co. has a 52-week low of $48.33 and a 52-week high of $64.74. The stock’s 50 day moving average price is $62.18 and its two-hundred day moving average price is $61.11. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.68 and a current ratio of 0.74.
Unitil Company Profile
Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas in the United States. It operates through three segments: Utility Gas Operations, Utility Electric Operations, and Non-Regulated. 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, portions of southern Maine to the Lewiston-Auburn area, and in the greater Fitchburg area of north central Massachusetts.
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