Unitil Co. (NYSE:UTL) Shares Purchased by Ellsworth Advisors LLC

Ellsworth Advisors LLC boosted its stake in Unitil Co. (NYSE:UTL) by 11.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,582 shares of the utilities provider’s stock after acquiring an additional 1,088 shares during the period. Ellsworth Advisors LLC owned 0.07% of Unitil worth $573,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in Unitil by 139.7% in the third quarter. Barclays PLC now owns 32,834 shares of the utilities provider’s stock valued at $1,989,000 after acquiring an additional 19,134 shares in the last quarter. Jane Street Group LLC raised its holdings in Unitil by 204.2% in the third quarter. Jane Street Group LLC now owns 32,257 shares of the utilities provider’s stock valued at $1,954,000 after acquiring an additional 21,652 shares in the last quarter. Geode Capital Management LLC raised its holdings in Unitil by 3.1% in the third quarter. Geode Capital Management LLC now owns 381,658 shares of the utilities provider’s stock valued at $23,126,000 after acquiring an additional 11,324 shares in the last quarter. Wellington Management Group LLP acquired a new stake in shares of Unitil during the third quarter worth $1,400,000. Finally, SG Americas Securities LLC raised its holdings in shares of Unitil by 109.6% during the third quarter. SG Americas Securities LLC now owns 7,316 shares of the utilities provider’s stock worth $443,000 after purchasing an additional 3,825 shares during the period. 76.76% of the stock is owned by institutional investors and hedge funds.

Unitil Stock Up 0.1 %

Shares of NYSE:UTL opened at $54.80 on Tuesday. The stock has a market capitalization of $887.23 million, a price-to-earnings ratio of 18.70 and a beta of 0.63. Unitil Co. has a 1-year low of $45.26 and a 1-year high of $63.52. The company’s fifty day moving average is $56.29 and its two-hundred day moving average is $57.85. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.82 and a current ratio of 0.91.

Unitil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 14th were issued a dividend of $0.425 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.10%. Unitil’s dividend payout ratio (DPR) is 58.02%.

About Unitil

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.