Unit Corp (NYSE:UNT) Institutional Investors Sentiment Index Flat in Q2 2017

October 13, 2017 - By Clifton Ray

 Unit Corp (NYSE:UNT) Institutional Investors Sentiment Index Flat in  Q2 2017

Sentiment for Unit Corp (NYSE:UNT)

Unit Corp (NYSE:UNT) institutional sentiment decreased to 1.04 in Q2 2017. Its down -0.31, from 1.35 in 2017Q1. The ratio worsened, as 82 funds increased and opened new holdings, while 79 trimmed and sold stakes in Unit Corp. The funds in our partner’s database now possess: 47.97 million shares, up from 47.70 million shares in 2017Q1. Also, the number of funds holding Unit Corp in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 34 Reduced: 45 Increased: 58 New Position: 24.

Unit Corporation is an oil and natural gas contract drilling company. The company has market cap of $1.04 billion. The Firm has activities in the exploration and production and mid-stream areas. It has a 474.24 P/E ratio. The Firm operates through three divisions: Oil and Natural Gas, Contract Drilling and Mid-Stream.

About 496,355 shares traded or 7.15% up from the average. Unit Corporation (NYSE:UNT) has risen 62.42% since October 13, 2016 and is uptrending. It has outperformed by 45.72% the S&P500.

Analysts expect Unit Corporation (NYSE:UNT) to report $0.10 EPS on November, 2.They anticipate $0.06 EPS change or 150.00 % from last quarter’s $0.04 EPS. UNT’s profit would be $5.25M giving it 49.55 P/E if the $0.10 EPS is correct. After having $0.07 EPS previously, Unit Corporation’s analysts see 42.86 % EPS growth.

Van Den Berg Management I Inc holds 3.58% of its portfolio in Unit Corporation for 1.55 million shares. Guinness Asset Management Ltd owns 259,323 shares or 1.03% of their US portfolio. Moreover, Delphi Management Inc Ma has 0.86% invested in the company for 82,607 shares. The Wisconsin-based Morgan Dempsey Capital Management Llc has invested 0.51% in the stock. Heartland Advisors Inc, a Wisconsin-based fund reported 384,659 shares.#img1#

Unit Corporation (NYSE:UNT) Ratings Coverage

Ratings analysis reveals 71% of Unit’s analysts are positive. Out of 7 Wall Street analysts rating Unit, 5 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $20 while the high is $26. The stock’s average target of $23.50 is 18.57% above today’s ($19.82) share price. UNT was included in 16 notes of analysts from August 17, 2015. The firm has “Outperform” rating given on Monday, August 17 by Iberia Capital Partners. The rating was maintained by Cowen & Co on Tuesday, July 18 with “Hold”. The rating was downgraded by KLR Group on Monday, November 21 to “Hold”. KLR Group downgraded the stock to “Accumulate” rating in Thursday, May 26 report. The firm has “Buy” rating given on Wednesday, August 23 by KLR Group. As per Thursday, December 17, the company rating was initiated by SunTrust. The company was maintained on Friday, September 15 by Cowen & Co. The rating was upgraded by Raymond James to “Strong Buy” on Friday, May 6. The firm has “Reduce” rating by KLR Group given on Tuesday, December 13. The stock has “Hold” rating by KLR Group on Tuesday, July 25.

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