NYSEAMERICAN:UTG - Reaves Utility Income Fund Stock Price, News, & Analysis

Reaves Utility Income Fund announced a monthly dividend on Wednesday, April 10th. Shareholders of record on Monday, April 22nd will be given a dividend of $0.17 per share on Tuesday, April 30th. This represents a $2.04 annualized dividend and a yield of 5.86%. The ex-dividend date is Thursday, April 18th. View Reaves Utility Income Fund's Dividend History.

Has Reaves Utility Income Fund been receiving favorable news coverage?

News stories about UTG stock have trended somewhat negative on Thursday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Reaves Utility Income Fund earned a news impact score of -1.3 on InfoTrie's scale. They also gave news articles about the closed-end fund a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Are investors shorting Reaves Utility Income Fund?

Reaves Utility Income Fund saw a increase in short interest in the month of April. As of April 30th, there was short interest totalling 81,070 shares, an increase of 43.1% from the April 15th total of 56,635 shares. Based on an average daily volume of 109,131 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are sold short. View Reaves Utility Income Fund's Current Options Chain.

Who are some of Reaves Utility Income Fund's key competitors?

Some companies that are related to Reaves Utility Income Fund include Advantex Marketing International (ADX), Blackrock Health Sciences Trust (BME), Calamos Global Dynamic Income Fund (CHW), Cohen & Steers Quality Income Realty (RQI), Macquarie/First Trust Global Infrstrctre (MFD), Madison Strategic Sector Premium Fund (MSP), Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd (JTA) and The Gabelli Dividend & Income Trust (GDV).

What other stocks do shareholders of Reaves Utility Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Reaves Utility Income Fund investors own include Paychex (PAYX), AT&T (T), Brookfield Infrastructure Partners (BIP), Altria Group (MO), Arrow Financial (AROW), Main Street Capital (MAIN), Verizon Communications (VZ), New Residential Investment (NRZ), Enterprise Products Partners (EPD) and Realty Income (O).

Who are Reaves Utility Income Fund's key executives?

Reaves Utility Income Fund's management team includes the folowing people:

Mr. Jeremy Oppegard May CPA, Chairman of Trustee,Pres & Principal Financial Officer of ALPS Mutual Fund Svcs In (Age 49)
Mr. Edmund Joseph Burke, Principal Exec. Officer (Age 58)
Mr. Theodore J. Uhl, Chief Compliance Officer (Age 44)
Mr. J. Tison Cory, Sec. (Age 50)
Ms. Jill A. Kerschen, Treasurer (Age 44)

Who are Reaves Utility Income Fund's major shareholders?

Reaves Utility Income Fund's stock is owned by many different of institutional and retail investors. Top institutional investors include Morgan Stanley (0.00%), Wells Fargo & Company MN (0.00%), Yakira Capital Management Inc. (0.00%), Punch & Associates Investment Management Inc. (0.00%), Advisors Asset Management Inc. (0.00%) and Reaves W H & Co. Inc. (0.00%). Company insiders that own Reaves Utility Income Fund stock include Jeremy O May, Jesse T Correll, Louis Francisco Cimino and Ronald James Sorenson. View Institutional Ownership Trends for Reaves Utility Income Fund.

Which major investors are selling Reaves Utility Income Fund stock?

UTG stock was sold by a variety of institutional investors in the last quarter, including Yakira Capital Management Inc., Creative Planning, BerganKDV Wealth Management LLC, Punch & Associates Investment Management Inc., Wells Fargo & Company MN, Hollow Brook Wealth Management LLC, TCG Advisors LP and Dfpg Investments Inc.. View Insider Buying and Selling for Reaves Utility Income Fund.

Which major investors are buying Reaves Utility Income Fund stock?

UTG stock was bought by a variety of institutional investors in the last quarter, including Ibex Wealth Advisors, Ladenburg Thalmann Financial Services Inc., Private Advisor Group LLC, Coastal Investment Advisors Inc., Magnus Financial Group LLC, Raymond James Financial Services Advisors Inc., Commonwealth Equity Services LLC and Sontag Advisory LLC. Company insiders that have bought Reaves Utility Income Fund stock in the last two years include Jeremy O May, Jesse T Correll, Louis Francisco Cimino and Ronald James Sorenson. View Insider Buying and Selling for Reaves Utility Income Fund.

How do I buy shares of Reaves Utility Income Fund?

Shares of UTG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Reaves Utility Income Fund's stock price today?

One share of UTG stock can currently be purchased for approximately $34.79.

What is Reaves Utility Income Fund's official website?

The official website for Reaves Utility Income Fund is http://www.utilityincomefund.com/.

MarketBeat Community Rating for Reaves Utility Income Fund (NYSEAMERICAN UTG)

Community Ranking:		3.0 out of 5 ( )
Outperform Votes:		104 (Vote Outperform)
Underperform Votes:		72 (Vote Underperform)
Total Votes:		176

MarketBeat's community ratings are surveys of what our community members think about Reaves Utility Income Fund and other stocks. Vote "Outperform" if you believe UTG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UTG will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 5/23/2019 by MarketBeat.com Staff