Two Sigma Investments LP trimmed its holdings in Unitil Co. (NYSE:UTL) by 36.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,851 shares of the utilities provider’s stock after selling 6,223 shares during the quarter. Two Sigma Investments LP’s holdings in Unitil were worth $549,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. PNC Financial Services Group Inc. boosted its stake in shares of Unitil by 33.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,270 shares of the utilities provider’s stock worth $65,000 after acquiring an additional 321 shares in the last quarter. MetLife Investment Advisors LLC boosted its stake in shares of Unitil by 46.6% during the 3rd quarter. MetLife Investment Advisors LLC now owns 10,888 shares of the utilities provider’s stock worth $554,000 after acquiring an additional 3,459 shares in the last quarter. Man Group plc boosted its stake in shares of Unitil by 9.6% during the 3rd quarter. Man Group plc now owns 83,168 shares of the utilities provider’s stock worth $4,233,000 after acquiring an additional 7,271 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Unitil by 1.7% during the 3rd quarter. BlackRock Inc. now owns 1,152,457 shares of the utilities provider’s stock worth $58,660,000 after acquiring an additional 18,939 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Unitil by 9.1% during the 4th quarter. Victory Capital Management Inc. now owns 37,947 shares of the utilities provider’s stock worth $1,922,000 after acquiring an additional 3,168 shares in the last quarter. 65.00% of the stock is currently owned by institutional investors.

UTL stock opened at $54.27 on Wednesday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.75 and a current ratio of 0.79. Unitil Co. has a 52-week low of $44.86 and a 52-week high of $55.75. The stock has a market cap of $813.19 million, a PE ratio of 24.34, a PEG ratio of 5.19 and a beta of 0.08.

Unitil (NYSE:UTL) last released its quarterly earnings results on Thursday, January 31st. The utilities provider reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.04. Unitil had a net margin of 7.43% and a return on equity of 9.49%. The firm had revenue of $125.60 million during the quarter, compared to the consensus estimate of $120.10 million. Sell-side analysts forecast that Unitil Co. will post 2.31 earnings per share for the current fiscal year.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Unitil from a “buy” rating to a “hold” rating in a research note on Saturday, January 19th. Bank of America reissued an “underperform” rating and set a $51.00 target price (up from $48.00) on shares of Unitil in a research note on Friday, February 1st.

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Unitil 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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Institutional Ownership by Quarter for Unitil (NYSE:UTL)

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