Unit Corp (NYSE:UNT) Sentiment Report

December 14, 2017 - By reb123z

 Unit Corp (NYSE:UNT) Sentiment Report

Sentiment for Unit Corp (NYSE:UNT)

Unit Corp (NYSE:UNT) institutional sentiment decreased to 1.04 in 2017 Q2. Its down -0.31, from 1.35 in 2017Q1. The ratio fall, as 82 hedge funds started new or increased holdings, while 79 sold and trimmed holdings in Unit Corp. The hedge funds in our partner’s database now hold: 47.97 million shares, up from 47.70 million shares in 2017Q1. Also, the number of hedge 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, together with its subsidiaries, operates as an oil and natural gas contract drilling firm primarily in the United States. The company has market cap of $1.02 billion. The firm operates through three divisions: Oil and Natural Gas, Contract Drilling, and Mid-Stream. It has a 32.39 P/E ratio. The Oil and Natural Gas segment acquires, explores, develops, and produces oil and natural gas properties primarily located in Oklahoma and Texas, as well as in Arkansas, Colorado, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Utah, and Wyoming.

The stock decreased 1.87% or $0.37 during the last trading session, reaching $19.37. About 181,490 shares traded. Unit Corporation (NYSE:UNT) has risen 62.42% since December 14, 2016 and is uptrending. It has outperformed by 45.72% the S&P500.

Analysts await Unit Corporation (NYSE:UNT) to report earnings on February, 22. They expect $0.19 earnings per share, down 17.39 % or $0.04 from last year’s $0.23 per share. UNT’s profit will be $10.04 million for 25.49 P/E if the $0.19 EPS becomes a reality. After $0.10 actual earnings per share reported by Unit Corporation for the previous quarter, Wall Street now forecasts 90.00 % 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 57% of Unit’s analysts are positive. Out of 7 Wall Street analysts rating Unit, 4 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $20 while the high is $26. The stock’s average target of $23.80 is 22.87% above today’s ($19.37) share price. UNT was included in 19 notes of analysts from August 17, 2015. Raymond James upgraded the shares of UNT in report on Friday, May 6 to “Strong Buy” rating. The company was maintained on Thursday, October 19 by Cowen & Co. The firm has “Buy” rating given on Thursday, November 2 by SunTrust. The firm has “Hold” rating by Cowen & Co given on Friday, September 15. The firm has “Hold” rating by KLR Group given on Monday, November 21. The firm has “Hold” rating given on Tuesday, July 25 by KLR Group. KLR Group downgraded the stock to “Hold” rating in Tuesday, October 17 report. The rating was maintained by Cowen & Co on Tuesday, July 18 with “Hold”. The stock has “Outperform” rating by Iberia Capital Partners on Monday, August 17. The firm earned “Accumulate” rating on Thursday, May 26 by KLR Group.

Another recent and important Unit Corporation (NYSE:UNT) news was published by Businesswire.com which published an article titled: “Unit Corporation Announces Newly Appointed Officer” on November 27, 2017.

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