Pax World Management buys $15,136,550 stake in Unitil Corporation (UTL)

Unitil Corporation (UTL) : Pax World Management scooped up 20,649 additional shares in Unitil Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 365,000 shares of Unitil Corporation which is valued at $15,136,550.Unitil Corporation makes up approximately 0.85% of Pax World Management’s portfolio.

Other Hedge Funds, Including , Mesirow Financial Investment Management – Equity Management reduced its stake in UTL by selling 337 shares or 6.14% in the most recent quarter. The Hedge Fund company now holds 5,149 shares of UTL which is valued at $213,529. Unitil Corporation makes up approx 0.01% of Mesirow Financial Investment Management – Equity Management’s portfolio.Janney Montgomery Scott boosted its stake in UTL in the latest quarter, The investment management firm added 13,488 additional shares and now holds a total of 32,381 shares of Unitil Corporation which is valued at $1,356,764. Unitil Corporation makes up approx 0.02% of Janney Montgomery Scott’s portfolio.Lsv Asset Management boosted its stake in UTL in the latest quarter, The investment management firm added 3,300 additional shares and now holds a total of 285,527 shares of Unitil Corporation which is valued at $11,963,581. Unitil Corporation makes up approx 0.02% of Lsv Asset Management’s portfolio.Swiss National Bank boosted its stake in UTL in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 20,900 shares of Unitil Corporation which is valued at $884,697. Huntington National Bank sold out all of its stake in UTL during the most recent quarter. The investment firm sold 759 shares of UTL which is valued $33,168.

Unitil Corporation closed down -0.76 points or -1.83% at $40.69 with 41,210 shares getting traded on Monday. Post opening the session at $41.31, the shares hit an intraday low of $40.65 and an intraday high of $41.52 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Unitil Corporation reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $0.15.Analysts expectations of $ 79.90.During the same quarter in the previous year, the company posted $0.12 EPS.

Unitil Corporation (Unitil) is a public utility holding company. The Company is engaged in the distribution of electricity and natural gas. The Company operates in three segments: utility gas operations utility electric operations and non-regulated. The Company’s principal business is the local distribution of electricity in the southeastern seacoast and state capitol regions of New Hampshire and the greater Fitchburg area of north central Massachusetts and the local distribution of 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. It has three distribution utility subsidiaries Unitil Energy which operates in New Hampshire Fitchburg which operates in Massachusetts and Northern Utilities which operates in New Hampshire and Maine.

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