Pomelo Capital Has Lowered By $2.04 Million Its Chesapeake Energy (CHK) Holding; Unitil Has 1.64 Sentiment

February 21, 2018 - By Michael Collier

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 $633.72 million. It operates through three divisions: Utility Gas Operations, Utility Electric Operations, and Non-Regulated. It has a 20.79 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.

Pomelo Capital Llc decreased Chesapeake Energy Corp (CHK) stake by 40.14% reported in 2017Q3 SEC filing. Pomelo Capital Llc sold 509,900 shares as Chesapeake Energy Corp (CHK)’s stock declined 5.25%. The Pomelo Capital Llc holds 760,500 shares with $3.27M value, down from 1.27M last quarter. Chesapeake Energy Corp now has $2.35B valuation. The stock decreased 5.05% or $0.14 during the last trading session, reaching $2.63. About 35.92M shares traded or 15.63% up from the average. Chesapeake Energy Corporation (NYSE:CHK) has risen 49.74% since February 21, 2017 and is uptrending. It has outperformed by 33.04% the S&P500.

Pomelo Capital Llc increased Prospect Capital Corporation (Prn) stake by 2.27M shares to 9.14 million valued at $9.46 million in 2017Q3. It also upped Rh (Put) stake by 37,900 shares and now owns 1.77M shares. Gnc Hldgs Inc (NYSE:GNC) was raised too.

Among 32 analysts covering Chesapeake Energy Corporation (NYSE:CHK), 7 have Buy rating, 9 Sell and 16 Hold. Therefore 22% are positive. Chesapeake Energy Corporation had 89 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, May 29 the stock rating was downgraded by ValuEngine to “Sell”. The rating was maintained by Deutsche Bank with “Hold” on Wednesday, December 9. PiperJaffray maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Monday, September 18. PiperJaffray has “Neutral” rating and $4 target. The stock has “Underperform” rating by FBR Capital on Tuesday, September 13. The firm has “Underweight” rating given on Tuesday, August 16 by Barclays Capital. The stock of Chesapeake Energy Corporation (NYSE:CHK) has “Buy” rating given on Thursday, March 30 by Wunderlich. Wunderlich maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Tuesday, January 5. Wunderlich has “Buy” rating and $7.0 target. Credit Suisse downgraded the stock to “Neutral” rating in Wednesday, July 22 report. BMO Capital Markets maintained Chesapeake Energy Corporation (NYSE:CHK) on Tuesday, October 10 with “Hold” rating. On Wednesday, December 9 the stock rating was initiated by JP Morgan with “Neutral”.

Investors sentiment increased to 1.25 in 2017 Q3. Its up 0.06, from 1.19 in 2017Q2. It is positive, as 53 investors sold CHK shares while 94 reduced holdings. 48 funds opened positions while 136 raised stakes. 575.42 million shares or 0.30% less from 577.13 million shares in 2017Q2 were reported. Cibc Asset invested 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). North Star Invest Management Corp reported 0.02% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). Moors Cabot holds 17,204 shares or 0.01% of its portfolio. Citadel Advsr Ltd Liability Co holds 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK) for 1.05 million shares. Stuyvesant Mgmt has invested 3.87% in Chesapeake Energy Corporation (NYSE:CHK). Credit Agricole S A reported 19,735 shares. Bnp Paribas Arbitrage Sa stated it has 0.02% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). Highbridge Ltd reported 419,050 shares or 0.03% of all its holdings. 10 reported 0.05% stake. Voya Inv Mgmt Ltd accumulated 0% or 496,892 shares. California State Teachers Retirement Sys accumulated 0.02% or 1.58M shares. Schwab Charles Investment Mgmt has invested 0.02% in Chesapeake Energy Corporation (NYSE:CHK). Mai Capital Mgmt owns 12,619 shares or 0% of their US portfolio. Oppenheimer And accumulated 15,761 shares. Dimensional Fund LP reported 441,768 shares.

Analysts await Chesapeake Energy Corporation (NYSE:CHK) to report earnings on February, 22 before the open. They expect $0.25 earnings per share, up 257.14% or $0.18 from last year’s $0.07 per share. CHK’s profit will be $223.76 million for 2.63 P/E if the $0.25 EPS becomes a reality. After $0.12 actual earnings per share reported by Chesapeake Energy Corporation for the previous quarter, Wall Street now forecasts 108.33% EPS growth.

The stock increased 0.30% or $0.13 during the last trading session, reaching $42.77. About 59,014 shares traded. Unitil Corporation (UTL) has risen 18.00% since February 21, 2017 and is uptrending. It has outperformed by 1.30% the S&P500.

Analysts await Unitil Corporation (NYSE:UTL) to report earnings on April, 26. They expect $0.92 EPS, up 4.55% or $0.04 from last year’s $0.88 per share. UTL’s profit will be $13.63 million for 11.62 P/E if the $0.92 EPS becomes a reality. After $0.79 actual EPS reported by Unitil Corporation for the previous quarter, Wall Street now forecasts 16.46% EPS growth.

Pax World Management Llc holds 1.12% of its portfolio in Unitil Corporation for 396,177 shares. Next Financial Group Inc owns 60,874 shares or 0.88% of their US portfolio. Moreover, Eagle Boston Investment Management Inc has 0.79% invested in the company for 153,316 shares. The Massachusetts-based Monarch Partners Asset Management Llc has invested 0.76% in the stock. Aristotle Capital Boston Llc, a Massachusetts-based fund reported 133,841 shares.

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