Yousif Capital Management LLC Sells 103 Shares of Chesapeake Utilities Co. (NYSE:CPK)

Yousif Capital Management LLC trimmed its position in Chesapeake Utilities Co. (NYSE:CPK) by 1.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,602 shares of the utilities provider’s stock after selling 103 shares during the period. Yousif Capital Management LLC’s holdings in Chesapeake Utilities were worth $1,044,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CPK. Versant Capital Management Inc boosted its holdings in Chesapeake Utilities by 2,018.2% in the 4th quarter. Versant Capital Management Inc now owns 233 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 222 shares during the period. Assetmark Inc. boosted its holdings in Chesapeake Utilities by 19.2% in the 3rd quarter. Assetmark Inc. now owns 634 shares of the utilities provider’s stock valued at $79,000 after purchasing an additional 102 shares during the period. nVerses Capital LLC bought a new stake in shares of Chesapeake Utilities during the 3rd quarter worth $99,000. KBC Group NV lifted its holdings in shares of Chesapeake Utilities by 46.2% during the 4th quarter. KBC Group NV now owns 1,048 shares of the utilities provider’s stock worth $127,000 after acquiring an additional 331 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Chesapeake Utilities during the 3rd quarter worth $182,000. 83.11% of the stock is owned by institutional investors.

Chesapeake Utilities Stock Performance

Chesapeake Utilities stock opened at $121.73 on Friday. The company has a quick ratio of 0.32, a current ratio of 0.38 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $2.77 billion, a PE ratio of 24.69 and a beta of 0.65. The firm has a fifty day simple moving average of $122.18 and a two-hundred day simple moving average of $121.74. Chesapeake Utilities Co. has a twelve month low of $98.25 and a twelve month high of $134.20.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CPK shares. Guggenheim lifted their price objective on shares of Chesapeake Utilities from $118.00 to $129.00 and gave the stock a “neutral” rating in a report on Friday, November 22nd. StockNews.com raised shares of Chesapeake Utilities from a “sell” rating to a “hold” rating in a report on Friday. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Chesapeake Utilities has a consensus rating of “Hold” and an average price target of $123.00.

Chesapeake Utilities Company Profile

Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulated electric distribution in northeast and northwest Florida.