Now (DNOW) Holder Cove Street Capital Has Cut Its Holding by $3.13 Million as Market Value Declined; Morgan Stanley Has Upped Its Unitil (UTL) Holding by $922,229 as Stock Price Rose

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Morgan Stanley increased its stake in Unitil Corp (UTL) by 60.37% based on its latest 2019Q2 regulatory filing with the SEC. Morgan Stanley bought 15,631 shares as the company’s stock rose 3.61% . The institutional investor held 41,521 shares of the power generation company at the end of 2019Q2, valued at $2.49M, up from 25,890 at the end of the previous reported quarter. Morgan Stanley who had been investing in Unitil Corp for a number of months, seems to be bullish on the $911.10M market cap company. The stock increased 0.10% or $0.06 during the last trading session, reaching $61.04. About 60,080 shares traded or 11.33% up from the average. Unitil Corporation (NYSE:UTL) has risen 15.23% since December 4, 2018 and is uptrending. It has outperformed by 15.23% the S&P500. Some Historical UTL News: 16/05/2018 – DEEP ECO: Unitil May Face Pressure, Electric Power Down in April; 03/04/2018 – New Research: Key Drivers of Growth for UNITIL, EMCORE, Thermon Group, John B. Sanfilippo & Son, Hyster-Yale Materials Handling; 25/04/2018 – Unitil Shareholders Elect New Director at Annual Meeting; 17/04/2018 – DEEP ECO: Unitil May Benefit, Electric Power Up This Quarter; 23/05/2018 – Massachusetts, Rhode Island award major offshore wind contracts; 16/03/2018 DEEP ECO: Unitil May Benefit, Electric Power Best in 22.5 Years; 26/04/2018 – UNITIL CORP – QTRLY GAS REVENUES $87.0 MLN VS $74.8 MLN; 23/04/2018 – DJ Unitil Corporation, Inst Holders, 1Q 2018 (UTL); 26/04/2018 – Unitil 1Q EPS $1.06

Cove Street Capital Llc decreased its stake in Now Inc (DNOW) by 18.01% based on its latest 2019Q2 regulatory filing with the SEC. Cove Street Capital Llc sold 223,800 shares as the company’s stock declined 14.10% . The hedge fund held 1.02M shares of the metal fabrications company at the end of 2019Q2, valued at $15.04 million, down from 1.24 million at the end of the previous reported quarter. Cove Street Capital Llc who had been investing in Now Inc for a number of months, seems to be less bullish one the $1.19 billion market cap company. The stock increased 2.62% or $0.28 during the last trading session, reaching $10.97. About 644,610 shares traded. NOW Inc. (NYSE:DNOW) has declined 15.58% since December 4, 2018 and is downtrending. It has underperformed by 15.58% the S&P500. Some Historical DNOW News: 23/04/2018 DJ NOW Inc, Inst Holders, 1Q 2018 (DNOW); 14/05/2018 – NOW Inc at Company Marketing Hosted By Stephens Inc. Today; 02/05/2018 – NOW 1Q EPS 2c; 15/05/2018 – NOW Inc Forms Golden Cross: Technicals; 02/05/2018 – NOW INC 1Q REV. $764M, EST. $719.8M; 07/05/2018 – NOW Inc Company Marketing Set By Stephens Inc. for May. 14-16; 11/05/2018 – Cove Street Capital Buys New 1.6% Position in NOW Inc; 26/04/2018 – NOW Inc Presenting at Wells Fargo Industrials Conference May 8; 30/04/2018 – NOW Inc. Completes New Senior Secured Credit Facility; 02/05/2018 – NOW 1Q Adj EPS 1c

Investors sentiment increased to 1.88 in 2019 Q2. Its up 0.37, from 1.51 in 2019Q1. It improved, as 8 investors sold UTL shares while 33 reduced holdings. 22 funds opened positions while 55 raised stakes. 9.28 million shares or 0.18% more from 9.27 million shares in 2019Q1 were reported. Alliancebernstein Limited Partnership, New York-based fund reported 21,709 shares. Aristotle Capital Boston Ltd Liability Com reported 1.2% in Unitil Corporation (NYSE:UTL). Sigma Planning holds 0.01% or 3,449 shares. The Tennessee-based Ftb Advisors has invested 0% in Unitil Corporation (NYSE:UTL). Bessemer Gru reported 49,440 shares. Commercial Bank Of Montreal Can owns 5,334 shares. Advisors Asset Management has invested 0.01% in Unitil Corporation (NYSE:UTL). Geode Mngmt Ltd Llc invested in 195,134 shares. Amer Group Incorporated Incorporated reported 9,283 shares. Renaissance Tech Ltd Liability Company owns 889,800 shares for 0.05% of their portfolio. King Wealth invested in 6,253 shares. Optimum Investment Advisors reported 400 shares. Pitcairn has invested 0.03% in Unitil Corporation (NYSE:UTL). Moreover, Frontier Cap Mngmt Ltd Llc has 0.38% invested in Unitil Corporation (NYSE:UTL). Campbell Invest Adviser Limited has 0.37% invested in Unitil Corporation (NYSE:UTL).

More notable recent Unitil Corporation (NYSE:UTL) news were published by: Globenewswire.com which released: “Unitil Increases Common Stock Dividend NYSE:UTL – GlobeNewswire” on January 30, 2019, also Globenewswire.com with their article: “Unitil Reports Second Quarter Earnings NYSE:UTL – GlobeNewswire” published on July 25, 2019, Globenewswire.com published: “Unitil Schedules First Quarter 2019 Earnings Release and Conference Call – GlobeNewswire” on April 11, 2019. More interesting news about Unitil Corporation (NYSE:UTL) were released by: Finance.Yahoo.com and their article: “Is Unitil Corporation (NYSE:UTL) A Great Dividend Stock? – Yahoo Finance” published on July 03, 2019 as well as Globenewswire.com‘s news article titled: “Unitil Declares Common Stock Dividend NYSE:UTL – GlobeNewswire” with publication date: October 23, 2019.

Morgan Stanley, which manages about $60.09 billion and $375.74B US Long portfolio, decreased its stake in Semgroup Corp (NYSE:SEMG) by 31,710 shares to 303,624 shares, valued at $3.64M in 2019Q2, according to the filing. It also reduced its holding in Virtu Finl Inc by 48,488 shares in the quarter, leaving it with 297,116 shares, and cut its stake in Huron Consulting Group Inc (NASDAQ:HURN).

Cove Street Capital Llc, which manages about $763.78M and $775.11M US Long portfolio, upped its stake in Gtt Communications Inc (NYSE:GTT) by 73,219 shares to 569,927 shares, valued at $10.03M in 2019Q2, according to the filing. It also increased its holding in Centurylink Inc (NYSE:CTL) by 402,837 shares in the quarter, for a total of 1.03M shares, and has risen its stake in A.

More notable recent NOW Inc. (NYSE:DNOW) news were published by: Finance.Yahoo.com which released: “Shareholders Should Look Hard At NOW Inc.’s (NYSE:DNOW) 5.8%Return On Capital – Yahoo Finance” on November 27, 2019, also Businesswire.com with their article: “NOW Inc. Reports Third Quarter 2019 Results – Business Wire” published on November 06, 2019, Finance.Yahoo.com published: “Investors Who Bought NOW (NYSE:DNOW) Shares Five Years Ago Are Now Down 64% – Yahoo Finance” on October 10, 2019. More interesting news about NOW Inc. (NYSE:DNOW) were released by: Finance.Yahoo.com and their article: “Is It Time To Consider Buying NOW Inc. (NYSE:DNOW)? – Yahoo Finance” published on November 01, 2019 as well as Seekingalpha.com‘s news article titled: “NOW Q3 2019 Earnings Preview – Seeking Alpha” with publication date: November 05, 2019.

NOW Inc. (NYSE:DNOW) Institutional Positions Chart

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