By james art 
Crossmark Global Holdings Inc. reduce your position in shares on Chesapeake Utilities Co. (NYSE: CPK – free report) with 23.8% in the 4th quarter, according to the company in its last submission of 13F to the Securities and Exchange Commission. The institutional investor holds 2,063 shares from the shares of the utility provider after selling 645 shares in the quarter. The stock of Crossmark Global Holdings Inc. In Cheesapeake Utilities, they were worth $ 251,000 at the end of the last reporting period.
Several other hedge funds have also recently changed their CPK possessions. Versant Capital Management Inc increased its position in Cheesapeake Utilities by 2.018.2% in the 4th quarter. The Versant Capital Management Inc already holds 233 shares of the $ 28,000 utility service provider after purchasing an additional 222 shares in the last quarter. Assetmark Inc. He increased his position in Cheesapeake Utilities by 19.2% in the 3rd quarter. Now Assetmark Inc. He holds 634 shares from the shares of utility service provider worth $ 79,000 after the purchase of an additional 102 shares in the last quarter. Nverss Capital LLC bought a new share in Cheesapeake Utilities in the 3rd quarter worth about $ 99,000. Gamma Investing LLC increased its position in Cheesapeake Utilities by 64.0% in the 3rd quarter. Gamma Investing LLC now holds 1038 shares of the $ 129,000 utility provider after purchasing an additional 405 shares in the last quarter. Finally, Wilmington Savings Fund’s Society FSB bought a new share in Cheesapeake Utilities in the 3rd quarter worth about $ 182,000. Institutional investors and hedge funds have 83.11% of the company’s shares.
Chesapeake utilities stock up with 2.4 %
The shares of Chesapeake Utilities opened $ 124.03 on Tuesday. The company has a debt to capital of 0.87, the current ratio of 0.38 and a fast ratio of 0.32. The company has a 50-day movable average of $ 124.43 and a 200-day movable average of $ 121.22. The company has a market cap of $ 2.83 billion, a price-pricing ratio of $ 25.16 and a beta of 0.65. Chesapeake utilities Co. He has 1 year at least $ 98.25 and 1 year highest than $ 134.20.
Chesapeake Utilities (NYSE: CPK – Get Free Report) last released its quarterly profit data on Thursday, November 7th. The utility service provider reported a $ 0.80 profit per quarter by defeating the $ 0.69 analysts for $ 0.11. Cheesapeake Utilities has a net margin of 14.16% and a return on equity of 9.08%. The business had revenue of $ 160.14 million in the quarter, compared to analysts’ estimates of $ 164.80 million. Last year last year, the business won $ 0.69 EPS. As a group of sales analysts, it provides that Chesapeake Utilities Co. will publish 5.39 profit per share for the current fiscal year.
Chesapeake utilities announce a dividend
The company also recently revealed a quarterly dividend, which was paid on Monday, January 6th. The investors of records on Monday, December 16, received a dividend of $ 0.64. This is a dividend of $ 2.56 on an annual basis and a dividend yield of 2.06%. The date of the former dividend of this dividend was Monday, December 16th. Cheesapeake Utilities are 51.93%.
Analysts set new price targets
A number of shares analysts have issued reports on the company. Stocknews.com upgraded Chesapeake Utilluices from the “Sell” rating to the “Hold” rating in a research note on Friday, November 8th. Guggenheim raised its price target as Cheesapeake Utilities from $ 118.00 to $ 129.00 and gave the company a “neutral” rating in a research note on Friday, November 22. Finally, Barclays raised its price price for Cheesapeake Utilities from $ 118.00 to $ 124.00 and gave the company a rating “equal weight” in a research note on Monday, October 7th. Four shares test analysts have evaluated the stock rating shares, and one issued a rating to buy the action. Based on MarketBeat data, the action currently has an average Hold rating and an average target price of $ 123.00.
Get our most recent CPK shares report
Chesapeake utilities profile
(Free report)
Chesapeake Utilities Corporation works as a company for energy supply. The company works through two segments, regulated energy and unregulated energy. The regulated energy segment for the distribution of natural gas in the central and southern deluer, the east coast of Maryland and Florida; regulated transmission of natural gas to the Delmarva, Ohio and Florida Peninsula; and regulated electrical distribution in northeast and northwestern Florida.
Read more
Get news and ratings for Chesapeake Utilities Daily -Enter your email address below to receive a short daily summary of the latest news ratings and analysts for Chesapeake utilities and connected companies with the free daily newsletter on MarketBeat.com.