NYSEAMERICAN:UTG

Reaves Utility Income Fund - UTG Stock Forecast, Price & News

$27.32

+0.05 (+0.18%)

(As of 03/20/2023 12:00 AM ET)

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Today's Range: $27.20
▼
$27.60
50-Day Range: N/A
52-Week Range: $24.55
▼
$35.43

Volume: 154,713 shs
Average Volume: 237,991 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 7.47%
Price Target: N/A

Institutional Ownership

About Reaves Utility Income Fund (NYSEAMERICAN:UTG) Stock

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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UTG Stock News Headlines

March 15, 2023 | americanbankingnews.com

Reaves Utility Income Fund (NYSEAMERICAN:UTG) Short Interest Down 11.7% in February

December 13, 2022 | seekingalpha.com

UTG: Likely Already Bottomed - Buy On Pullbacks

March 21, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

October 22, 2022 | finance.yahoo.com

Reaves Utility Income Fund (XUTGX)

September 22, 2022 | markets.businessinsider.com

HUB International Embeds Auto Insurance into Wayne Reaves Auto Dealer Management Software

July 11, 2022 | finance.yahoo.com

Coal Is on Its Way Out, Despite Supreme Court EPA Ruling. Utilities Look Like a Buy.

July 1, 2022 | seekingalpha.com

UTG Reaves Utility Income Fund

May 3, 2022 | nasdaq.com

Upcoming Dividend Run For UTG?

March 21, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

March 17, 2022 | fool.com

Reaves Utility Income Fund(UTG)

January 23, 2022 | nasdaq.com

Reaves Utility Income Fund Common Shares of Beneficial Interest (UTG)

January 6, 2022 | nasdaq.com

Reaves Utility Income Fund Breaks Below 200-Day Moving Average - Notable for UTG

December 29, 2021 | nasdaq.com

Cash Dividend On The Way From Reaves Utility Income Fund (UTG)

December 16, 2021 | nasdaq.com

UTG Makes Bullish Cross Above Critical Moving Average

October 30, 2021 | finance.yahoo.com

Reaves Utility- A Safe-Haven Idea

October 7, 2021 | finance.yahoo.com

The Reaves Utility Income Fund Announces Regular Monthly Dividend Of $0.19 Per Share

June 21, 2021 | finance.yahoo.com

The Reaves Utility Income Fund Increases Its Monthly Distribution 5.56% To $0.19 Per Share

May 11, 2021 | finance.yahoo.com

Reaves Utility Income Fund Initiation Of Breakpoint Fees

February 12, 2021 | benzinga.com

Analyzing Reaves Utility Income's Ex-Dividend Date

December 16, 2020 | benzinga.com

Understanding Reaves Utility Income's Ex-Dividend Date

October 30, 2020 | thestreet.com

Reaves Utility Income Fund

September 11, 2020 | finance.yahoo.com

Insider Buys Reaves Utility Income Fund's Shares

February 16, 2020 | www.nasdaq.com

Reaves Utility Income Fund Common Shares of Beneficial Interest (UTG) Institutional Holdings

December 20, 2019 | seekingalpha.com

Reaves Utility Income Fund: 5.7% Yield, Impressive Performance

December 13, 2019 | finance.yahoo.com

Reaves Utility Income Fund Section 19(a) Notice

October 10, 2019 | finance.yahoo.com

The Reaves Utility Income Fund Announces Regular Monthly Dividend Of $0.18 Per Share

June 18, 2019 | markets.ft.com

Reaves Utility Income Trust

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UTG Company Calendar

Ex-Dividend for 1/17 Dividend: 12/29/2022
Dividend Payable: 1/17/2023
Ex-Dividend for 3/31 Dividend: 3/16/2023
Today: 3/20/2023
Dividend Payable: 3/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Industry: Closed - End Fund - Equity
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSEAMERICAN:UTG
Previous Symbol: NYSEMKT:UTG
CUSIP: N/A
CIK: 1263994
Web: www.utilityincomefund.com
Phone: N/A
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Jeremy Oppegard May CPA (Age 52)
CPA, Chairman of Trustee,Pres & Principal Financial Officer of ALPS Mutual Fund Svcs In

Mr. Edmund Joseph Burke (Age 61)
Principal Exec. Officer

Mr. William Avrum Ferer
Portfolio Mang.

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UTG Stock - Frequently Asked Questions

How have UTG shares performed in 2023?: Reaves Utility Income Fund's stock was trading at $30.28 on January 1st, 2023. Since then, UTG shares have decreased by 9.8% and is now trading at $27.32.
View the best growth stocks for 2023 here.
Are investors shorting Reaves Utility Income Fund?: Reaves Utility Income Fund saw a drop in short interest in February. As of February 28th, there was short interest totaling 47,000 shares, a drop of 11.7% from the February 13th total of 53,200 shares. Based on an average daily trading volume, of 231,900 shares, the short-interest ratio is presently 0.2 days.
View Reaves Utility Income Fund's Short Interest.
How often does Reaves Utility Income Fund pay dividends? What is the dividend yield for Reaves Utility Income Fund?: Reaves Utility Income Fund declared a dividend on Thursday, December 22nd. Investors of record on Friday, December 30th will be paid a dividend of $0.19 per share on Tuesday, January 17th. This represents a dividend yield of 7.94%. The ex-dividend date is Thursday, December 29th.
Read our dividend analysis for UTG.
What ETFs hold Reaves Utility Income Fund's stock?: ETFs with the largest weight of Reaves Utility Income Fund (NYSEAMERICAN:UTG) stock in their portfolio include First Trust Income Opportunity ETF (FCEF).

Is Reaves Utility Income Fund a good dividend stock?: Reaves Utility Income Fund (NYSEAMERICAN:UTG) pays an annual dividend of $2.04 per share and currently has a dividend yield of 0.07%.
Read our dividend analysis for UTG.
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), AbbVie (ABBV), New Residential Investment (NRZ), Arbor Realty Trust (ABR), Main Street Capital (MAIN), Enterprise Products Partners (EPD), Verizon Communications (VZ) and Altria Group (MO).
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."
Who are Reaves Utility Income Fund's major shareholders?: Reaves Utility Income Fund's stock is owned by many different institutional and retail investors. Top institutional investors include Bank of America Corp DE (0.00%), Morgan Stanley (0.00%), Wells Fargo & Company MN (0.00%), Advisor Group Holdings Inc. (0.00%), Raymond James & Associates (0.00%) and Commonwealth Equity Services LLC (0.00%). Insiders that own company stock include Joseph Burns Rhame III, Louis Francisco Cimino and Thomas W Harmke.
View institutional ownership trends.
How do I buy shares of Reaves Utility Income Fund?: Shares of UTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Reaves Utility Income Fund's stock price today?: One share of UTG stock can currently be purchased for approximately $27.32.

This page (NYSEAMERICAN:UTG) was last updated on 3/21/2023 by MarketBeat.com Staff

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