According to Zacks, “Unitil Corporation is a registered public utility holding company and the parent company of the Unitil System. “
Shares of Unitil Corp. (NYSE:UTL) opened at 39.90 on Thursday. The stock has a market cap of $560.67 million, a price-to-earnings ratio of 22.85 and a beta of 0.19. The stock’s 50 day moving average is $39.91 and its 200 day moving average is $41.05. Unitil Corp. has a 52 week low of $33.75 and a 52 week high of $45.16.
Unitil Corp. (NYSE:UTL) last posted its quarterly earnings data on Thursday, July 21st. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.13 by $0.05. Unitil Corp. had a net margin of 6.47% and a return on equity of 8.58%. The business had revenue of $73 million for the quarter, compared to analyst estimates of $79.90 million. During the same quarter in the previous year, the firm posted $0.12 earnings per share. On average, equities analysts forecast that Unitil Corp. will post $1.81 EPS for the current year.
A number of large investors have recently bought and sold shares of the company. Royal Bank of Canada raised its stake in Unitil Corp. by 0.5% in the second quarter. Royal Bank of Canada now owns 160,094 shares of the company’s stock valued at $6,830,000 after buying an additional 808 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in Unitil Corp. by 1.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 55,927 shares of the company’s stock valued at $2,387,000 after buying an additional 984 shares during the last quarter. AQR Capital Management LLC raised its stake in Unitil Corp. by 42.3% in the second quarter. AQR Capital Management LLC now owns 33,117 shares of the company’s stock valued at $1,413,000 after buying an additional 9,837 shares during the last quarter. Panagora Asset Management Inc. raised its stake in Unitil Corp. by 1.9% in the second quarter. Panagora Asset Management Inc. now owns 58,377 shares of the company’s stock valued at $2,491,000 after buying an additional 1,080 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. acquired a new stake in Unitil Corp. during the second quarter valued at approximately $8,534,000. 58.09% of the stock is currently owned by institutional investors and hedge funds.
Unitil Corp. Company Profile
Unitil Corporation (Unitil) is a public utility holding company. The Company is engaged in the local distribution of electricity and natural gas to customers throughout its service territories in the states of New Hampshire, Massachusetts and Maine. It operates through three segments: utility gas operations, utility electric operations and non-regulated.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Unitil Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unitil Corp. and related companies with MarketBeat.com's FREE daily email newsletter.