Fifth third Bancorp sells 133 shares to Chesapeake Utilities Co. (Nyse: cpk) – the world of defense

The fifth third Bancorp has reduced its share in Chesapeake Co. The company owned 671 shares of the shares of the utility provider after selling 133 shares during the period. The stock of the fifth third Bancorp in Cheesapeake Utilities were worth $ 81,000 since its last submission to SEC.

A number of other hedge funds and other institutional investors have also recently added or reduced their CPK shares. Exchange Traded Concepts LLC raised its shares in Chesapeake Utilities by 2.3% in the 4th quarter. Exchange Traded Concepts LLC holds 54 336 shares of the utility provider of $ 6,594,000 after the purchase of an additional 1215 shares during the period. Clear Harbour Asset Management LLC increased its position in Cheesapeake Utilities by 0.4% in the fourth quarter. Clear Harbour Asset Management LLC already holds 51 601 shares of the $ 6 262,000 utility supplier shares after purchasing an additional 212 shares in the last quarter. Albert D Mason Inc. Increased participation in Chesapeake Utilities shares by 1.2% in the fourth quarter. Now Albert D Mason Inc. He holds 12,576 shares of the utility provider’s shares worth $ 1.526,000 after purchasing an additional 145 shares during the period. Hennessy Advisors Inc. increased its share in Chesapeake Utilities shares by 2.8% in the fourth quarter. Hennessy Advisors Inc. He now holds 28 958 shares of the ourselves of the utility service provider worth $ 3.514,000 after purchasing an additional 800 shares during the period. Finally, Argent Capital Management LLC raised its position in Chesapeake Utilities with 38.5% in the 4th quarter. The Argent Capital Management LLC now holds 5.115 shares from the $ 621,000 utility provider after purchasing an additional 1422 shares in the last quarter. 83.11% of the shares are currently the property of hedge funds and other institutional investors.

Analysts set new price targets

Several brokers have recently been weighed on CPK. Stocknews.com lowered Chesapeake Utilugsions from Rating “Hold” to the “Sell” rating in a report on Tuesday, January 28th. Guggenheim raised its target price for Chesapeake Utilities shares from $ 118.00 to $ 129.00 and gave the “neutral” rating in a research note on Friday, November 22nd. Finally, Barclays has increased its price price for Chesapeake Utilities from $ 118.00 to $ 124.00 and gave the company a rating “Fame Weight” in a report on a Monday, October 7 -7th report. One shares research analyzer has evaluated the shares with a sales rating, three have set a detention rating, and one issued a rating to buy the company’s shares. According to MarketBeat, the company currently has an average Hold rating and an average target price of $ 123.00.

Read our latest CPK research report

Chesapeake Utilities Performance Performance

NYSE: CPK opened in $ 122.23 on Friday. The fifty -day average average of the business is $ 123.77 and its 200 -day average is $ 121.40. The company has a market cap of $ 2.78 billion, a price-pricing ratio of 24.79 and a beta of 0.65. The company has a debt to capital of 0.87, a fast 0.32 ratio and the current ratio of 0.38. Chesapeake utilities Co. It has a 52-week minimum of $ 98.25 and a 52-week top of $ 134.20.

Chesapeake Utilities (NYSE: CPK – Get Free Report) Last announced its quarterly profit results on Thursday, November 7th. The utility provider reported $ 0.80 profit per quarter for the quarter, defeating the $ 0.69 consensus rating with $ 0.11. Cheesapeake Utilities has a return on equity of 9.08% and a net margin of 14.16%. The company has revenue of $ 160.14 million for the quarter, compared to the expectations of analysts of $ 164.80 million. During the same period in the previous year, the business reported a profit of $ 0.69 per share. Research analysts predict that Chesapeake Utilities Co. will publish 5.39 EPS for the current year.

Chesapeake utilities announce a dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 6th. The shareholders of the record on Monday, December 16, received a dividend of $ 0.64. This represents a $ 2.56 annual dividend and a yield of 2.09%. The date of the former dividend was Monday, December 16th. Cheesapeake Utilities are 51.93%.

For Chesapeake utilities

(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.

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