Annex Advisory Services LLC Buys 5,770 Shares of Unitil Co. (NYSE:UTL)

Annex Advisory Services LLC increased its holdings in Unitil Co. (NYSE:UTL - Free Report) by 36.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,488 shares of the utilities provider's stock after acquiring an additional 5,770 shares during the quarter. Annex Advisory Services LLC owned about 0.13% of Unitil worth $1,164,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in UTL. Millburn Ridgefield Corp purchased a new stake in shares of Unitil in the 3rd quarter worth about $137,000. AQR Capital Management LLC purchased a new stake in Unitil in the second quarter worth about $208,000. Centiva Capital LP bought a new stake in Unitil during the 3rd quarter valued at approximately $271,000. Inspire Advisors LLC purchased a new position in shares of Unitil during the 3rd quarter worth approximately $292,000. Finally, ClearAlpha Technologies LP bought a new position in shares of Unitil in the 3rd quarter worth approximately $301,000. Institutional investors own 76.76% of the company's stock.

Unitil Stock Up 0.5 %

UTL stock traded up $0.28 during midday trading on Tuesday, hitting $55.12. The stock had a trading volume of 41,579 shares, compared to its average volume of 51,173. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.91 and a quick ratio of 0.82. The firm has a market cap of $892.41 million, a price-to-earnings ratio of 18.81 and a beta of 0.63. The business has a 50-day moving average of $56.21 and a two-hundred day moving average of $57.88. Unitil Co. has a 52-week low of $45.26 and a 52-week high of $63.52.

Unitil (NYSE:UTL - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The utilities provider reported $0.02 EPS for the quarter, topping the consensus estimate of $0.01 by $0.01. Unitil had a net margin of 9.46% and a return on equity of 9.43%. The business had revenue of $92.90 million for the quarter, compared to analyst estimates of $116.00 million. During the same quarter in the previous year, the firm posted $0.09 earnings per share. As a group, equities research analysts forecast that Unitil Co. will post 2.91 earnings per share for the current fiscal year.

Unitil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date was Thursday, November 14th. Unitil's payout ratio is 58.02%.

Unitil Profile

Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through two segments, Utility Electric Operations, Utility Gas Operations. 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 and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as electricity and natural gas in the greater Fitchburg area of north central Massachusetts.