UIL (LON:UTL) Announces Quarterly Earnings Results

UIL (LON:UTL) issued its quarterly earnings results on Friday. The company reported GBX 12.80 earnings per share (EPS) for the quarter, Digital Look Earnings reports. UIL had a negative return on equity of 16.21% and a net margin of 156.15%.

UIL Stock Performance

Shares of UTL remained flat at GBX 175 during midday trading on Friday. 6,205 shares of the company’s stock traded hands, compared to its average volume of 9,796. The firm has a 50 day simple moving average of GBX 158.31 and a 200 day simple moving average of GBX 150.81. UIL has a twelve month low of GBX 98 and a twelve month high of GBX 185.12. The stock has a market cap of £158.27 million, a PE ratio of 15.65 and a beta of 0.80.

Insider Transactions at UIL

In other news, insider Stuart J. Bridges bought 8,835 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were bought at an average cost of GBX 156 per share, for a total transaction of £13,782.60. Also, insider David Shillson purchased 6,535 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were purchased at an average cost of GBX 156 per share, with a total value of £10,194.60. Over the last three months, insiders have bought 23,807 shares of company stock valued at $3,713,892. 1.72% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “house stock” rating on shares of UIL in a research note on Wednesday, November 5th.

About UIL

UIL Limited is focused on uncovering investments with underlying value.

UIL’s investment objective is to maximise shareholder returns by identifying and investing in investments worldwide where the underlying value is not fully recognised.

UIL Limited (formerly Utilico Investments Limited and Utilico Limited) is an exempted closed-end Bermuda incorporated investment company, established as a successor to Utilico Investment Trust plc.