Fairfax Financial Holdings LTD Can Has Raised Signature Bk New York N Y (SBNY) Position; Unitil (UTL)’s Sentiment Is 1.39

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Unitil Corp (UTL) investors sentiment decreased to 1.39 in Q2 2018. It’s down -0.21, from 1.6 in 2018Q1. The ratio worsened, as 67 active investment managers started new and increased equity positions, while 42 sold and decreased their stakes in Unitil Corp. The active investment managers in our database now hold: 9.24 million shares, up from 9.17 million shares in 2018Q1. Also, the number of active investment managers holding Unitil Corp in top ten equity positions increased from 0 to 1 for an increase of 1. Sold All: 9 Reduced: 33 Increased: 49 New Position: 18.

Fairfax Financial Holdings Ltd Can increased Signature Bk New York N Y (SBNY) stake by 42.86% reported in 2018Q2 SEC filing. Fairfax Financial Holdings Ltd Can acquired 6,000 shares as Signature Bk New York N Y (SBNY)’s stock declined 7.29%. The Fairfax Financial Holdings Ltd Can holds 20,000 shares with $2.56M value, up from 14,000 last quarter. Signature Bk New York N Y now has $6.34 billion valuation. The stock decreased 0.26% or $0.3 during the last trading session, reaching $116.26. About 391,535 shares traded. Signature Bank (NASDAQ:SBNY) has declined 9.17% since December 8, 2017 and is downtrending. It has underperformed by 24.79% the S&P500. Some Historical SBNY News: 19/04/2018 – Signature Bank 1Q Net $34.58M; 16/03/2018 Signature Bank Announces Availability of Materials for 2018 Annual Shareholders’ Meeting; 22/03/2018 – SIGNATURE BANK SBNY.O : UBS STARTS WITH NEUTRAL RATING: TARGET PRICE $163; 23/04/2018 – Research Report Identifies Signature Bank, Concert Pharmaceuticals, Easterly Government Properties, Hilltop, Columbia Banking S; 19/04/2018 – Signature Bank 1Q Adj EPS $2.69; 21/04/2018 – DJ Signature Bank, Inst Holders, 1Q 2018 (SBNY); 24/04/2018 – Signature Bank Expands Network with Appointment of Two Private Client Banking Teams; 19/04/2018 – Signature Bank 1Q EPS 63c; 17/04/2018 – SIGNATURE BANK APPOINTS VETERAN BANKERS TO HEAD WEST COAST OPERATIONS; FLAGSHIP OFFICE TO OPEN IN SAN FRANCISCO; 22/03/2018 – Signature Bank Closes Below 50-Day Moving Average: Technicals

Among 9 analysts covering Signature Bank (NASDAQ:SBNY), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Signature Bank had 12 analyst reports since June 13, 2018 according to SRatingsIntel. The company was upgraded on Wednesday, June 13 by PiperJaffray. The firm has “Equal-Weight” rating given on Tuesday, July 31 by Morgan Stanley. BMO Capital Markets downgraded the shares of SBNY in report on Friday, July 20 to “Market Perform” rating. BMO Capital Markets maintained the shares of SBNY in report on Friday, October 19 with “Market Perform” rating. JP Morgan downgraded the shares of SBNY in report on Friday, July 20 to “Neutral” rating. Morgan Stanley maintained Signature Bank (NASDAQ:SBNY) on Tuesday, July 24 with “Equal-Weight” rating. The stock has “Neutral” rating by Wedbush on Friday, July 20. The firm earned “Outperform” rating on Thursday, August 9 by Hovde Group. On Friday, July 20 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was upgraded by UBS to “Buy” on Monday, November 5.

More notable recent Signature Bank (NASDAQ:SBNY) news were published by: Nasdaq.com which released: “KRE, SBNY, FRC, BBT: ETF Outflow Alert – Nasdaq” on December 06, 2018, also Businesswire.com with their article: “Signature Bank Unveils Proprietary Digital Payments Platform, Signetâ„¢ – Business Wire” published on December 04, 2018, Nasdaq.com published: “Implied MDY Analyst Target Price: $391 – Nasdaq” on December 03, 2018. More interesting news about Signature Bank (NASDAQ:SBNY) were released by: Nasdaq.com and their article: “What Caused Huge Outflows in Regional Bank ETFs in November – Nasdaq” published on December 04, 2018 as well as Nasdaq.com‘s news article titled: “SPDR S&P Regional Banking ETF Experiences Big Outflow – Nasdaq” with publication date: November 09, 2018.

Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas in the United States. The company has market cap of $764.62 million. It operates through three divisions: Utility Gas Operations, Utility Electric Operations, and Non-Regulated. It has a 22.72 P/E ratio. The firm 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.

Impax Asset Management Llc holds 1.52% of its portfolio in Unitil Corporation for 500,954 shares. Next Financial Group Inc owns 59,857 shares or 1.17% of their US portfolio. Moreover, Eagle Boston Investment Management Inc has 0.9% invested in the company for 191,442 shares. The Massachusetts-based Aristotle Capital Boston Llc has invested 0.86% in the stock. Monarch Partners Asset Management Llc, a Massachusetts-based fund reported 145,106 shares.

The stock increased 1.80% or $0.91 during the last trading session, reaching $51.41. About 47,496 shares traded or 35.30% up from the average. Unitil Corporation (UTL) has risen 4.39% since December 8, 2017 and is uptrending. It has underperformed by 11.23% the S&P500. Some Historical UTL News: 23/04/2018 – DJ Unitil Corporation, Inst Holders, 1Q 2018 (UTL); 25/04/2018 – Unitil Shareholders Elect New Director at Annual Meeting; 26/04/2018 – UNITIL CORP – QTRLY GAS REVENUES $87.0 MLN VS $74.8 MLN; 16/05/2018 – DEEP ECO: Unitil May Face Pressure, Electric Power Down in April; 17/04/2018 – DEEP ECO: Unitil May Benefit, Electric Power Up This Quarter; 16/03/2018 DEEP ECO: Unitil May Benefit, Electric Power Best in 22.5 Years; 26/04/2018 – Unitil 1Q EPS $1.06; 23/05/2018 – Massachusetts, Rhode Island award major offshore wind contracts; 03/04/2018 – New Research: Key Drivers of Growth for UNITIL, EMCORE, Thermon Group, John B. Sanfilippo & Son, Hyster-Yale Materials Handling

Analysts await Unitil Corporation (NYSE:UTL) to report earnings on February, 7. They expect $0.75 earnings per share, down 5.06% or $0.04 from last year’s $0.79 per share. UTL’s profit will be $11.15 million for 17.14 P/E if the $0.75 EPS becomes a reality. After $0.19 actual earnings per share reported by Unitil Corporation for the previous quarter, Wall Street now forecasts 294.74% EPS growth.

Unitil Corporation (NYSE:UTL) Institutional Positions Chart

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