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

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$31.94 +0.08 (+0.25 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$31.86
Today's Range$31.90 - $32.00
52-Week Range$26.96 - $31.88
Volume1,652 shs
Average Volume194,445 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.07%
BetaN/A
Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H. Reaves & Company, Inc. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the Utilities sector. The fund primarily invests in dividend paying stocks and debt instruments of companies operating across all market capitalizations. It employs a combination of quantitative and fundamental analysis with bottom-up stock picking approach to create its portfolio. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.

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Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Closed-End Fund - Equity
Sub-IndustryN/A
SectorFinance
Current SymbolNYSEAMERICAN:UTG
Previous SymbolNYSEMKT:UTG
CUSIPN/A
CIKN/A
Phone+1-303-6232577

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable

Reaves Utility Income Fund (NYSEAMERICAN:UTG) Frequently Asked Questions

What is Reaves Utility Income Fund's stock symbol?

Reaves Utility Income Fund trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "UTG."

How often does Reaves Utility Income Fund pay dividends? What is the dividend yield for Reaves Utility Income Fund?

Reaves Utility Income Fund announced a monthly dividend on Thursday, December 20th. Shareholders of record on Friday, February 15th will be given a dividend of $0.17 per share on Thursday, February 28th. This represents a $2.04 annualized dividend and a yield of 6.39%. The ex-dividend date of this dividend is Thursday, February 14th. View Reaves Utility Income Fund's Dividend History.

Has Reaves Utility Income Fund been receiving favorable news coverage?

Media stories about UTG stock have trended positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Reaves Utility Income Fund earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave media coverage about the closed-end fund a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

Are investors shorting Reaves Utility Income Fund?

Reaves Utility Income Fund saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 233,342 shares, a decrease of 27.7% from the January 15th total of 322,928 shares. Based on an average daily volume of 184,197 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.5% 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?

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), Altria Group (MO), Brookfield Infrastructure Partners (BIP), Enterprise Products Partners (EPD), Realty Income (O), BP (BP), CVS Health (CVS), Main Street Capital (MAIN) and Macquarie Infrastructure (MIC).

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 a variety of of retail and institutional investors. Top institutional investors include Bank of America Corp DE (0.00%), Cohen & Steers Inc. (0.00%), Advisors Asset Management Inc. (0.00%), Reaves W H & Co. Inc. (0.00%), Raymond James & Associates (0.00%) and Commonwealth Equity Services LLC (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 Stifel Financial Corp, Level Four Advisory Services LLC, PNC Financial Services Group Inc., Citigroup Inc., Reaves W H & Co. Inc., Cambridge Investment Research Advisors Inc., Steward Partners Investment Advisory LLC and Flagship Harbor Advisors LLC. View Insider Buying and Selling for Reaves Utility Income Fund.

Which major investors are buying Reaves Utility Income Fund stock?

UTG stock was purchased by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Sontag Advisory LLC, Raymond James & Associates, Sound View Wealth Advisors LLC, Bank of Montreal Can, Magnus Financial Group LLC, TCG Advisors LP and Bank of Nova Scotia. 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 $31.94.

What is Reaves Utility Income Fund's official website?

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

How can I contact Reaves Utility Income Fund?

Reaves Utility Income Fund's mailing address is PO Box 328, DENVER, CO 80201-0328, United States. The closed-end fund can be reached via phone at +1-303-6232577.


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

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  97 (Vote Outperform)
Underperform Votes:  71 (Vote Underperform)
Total Votes:  168
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 2/21/2019 by MarketBeat.com Staff

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