Unit Co. (NYSE:UNT) Director G Bailey Iv Peyton purchased 3,000 shares of the stock in a transaction dated Wednesday, July 17th. The stock was purchased at an average price of $7.30 per share, with a total value of $21,900.00. Following the completion of the acquisition, the director now directly owns 74,652 shares in the company, valued at approximately $544,959.60. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
G Bailey Iv Peyton also recently made the following trade(s):
- On Tuesday, May 7th, G Bailey Iv Peyton purchased 3,000 shares of Unit stock. The stock was purchased at an average price of $11.65 per share, with a total value of $34,950.00.
NYSE:UNT opened at $7.59 on Friday. Unit Co. has a 12-month low of $7.09 and a 12-month high of $29.06. The firm has a market cap of $421.00 million, a price-to-earnings ratio of 7.59 and a beta of 2.57. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.43. The firm’s 50 day moving average is $8.50.
A number of large investors have recently added to or reduced their stakes in UNT. Everence Capital Management Inc. acquired a new position in Unit during the 1st quarter valued at approximately $151,000. Nisa Investment Advisors LLC boosted its position in Unit by 123.1% during the 1st quarter. Nisa Investment Advisors LLC now owns 10,875 shares of the oil and gas company’s stock worth $155,000 after acquiring an additional 6,000 shares during the period. United Services Automobile Association boosted its position in Unit by 7.3% during the 4th quarter. United Services Automobile Association now owns 12,302 shares of the oil and gas company’s stock worth $176,000 after acquiring an additional 838 shares during the period. Metropolitan Life Insurance Co. NY boosted its position in Unit by 359.6% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 17,108 shares of the oil and gas company’s stock worth $244,000 after acquiring an additional 13,386 shares during the period. Finally, Municipal Employees Retirement System of Michigan acquired a new position in Unit during the 4th quarter worth $272,000. Institutional investors and hedge funds own 86.83% of the company’s stock.
A number of research analysts recently issued reports on the company. Raymond James set a $60.00 price objective on Banner and gave the company a “buy” rating in a research report on Friday, May 3rd. TheStreet lowered Unit from a “c-” rating to a “d+” rating in a research report on Tuesday, May 21st. ValuEngine lowered W&T Offshore from a “hold” rating to a “sell” rating in a research report on Friday, April 26th. Finally, Zacks Investment Research upgraded Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Saturday, July 13th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $23.33.
Unit Corporation, together with its subsidiaries, engages in the exploration, acquisition, development, and production of oil and natural gas properties in the United States. It operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Oil and Natural Gas segment explores for, acquires, develops, and produces oil and natural gas properties.
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