Mutual of America Capital Management LLC lessened its holdings in Chesapeake Utilities Co. (NYSE:CPK) by 34.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,872 shares of the utilities provider’s stock after selling 25,476 shares during the quarter. Mutual of America Capital Management LLC owned 0.29% of Chesapeake Utilities worth $3,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently bought and sold shares of the company. Ameritas Investment Partners Inc. raised its stake in shares of Chesapeake Utilities by 11.9% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,388 shares of the utilities provider’s stock valued at $104,000 after acquiring an additional 148 shares during the period. Pitcairn Co. bought a new stake in shares of Chesapeake Utilities in the 3rd quarter worth approximately $201,000. Chevy Chase Trust Holdings Inc. bought a new stake in shares of Chesapeake Utilities in the 3rd quarter worth approximately $207,000. Symons Capital Management Inc. bought a new stake in shares of Chesapeake Utilities in the 3rd quarter worth approximately $223,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Chesapeake Utilities in the 3rd quarter worth approximately $229,000. Institutional investors own 62.14% of the company’s stock.
Chesapeake Utilities Co. (CPK) traded up $0.38 during mid-day trading on Thursday, reaching $68.28. The company had a trading volume of 11,478 shares, compared to its average volume of 86,887. The firm has a market capitalization of $1,130.22, a P/E ratio of 25.58, a PEG ratio of 3.40 and a beta of 0.15. Chesapeake Utilities Co. has a fifty-two week low of $64.95 and a fifty-two week high of $86.35. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.39 and a current ratio of 0.44.
In other Chesapeake Utilities news, Director Thomas P. Hill, Jr. bought 1,000 shares of the stock in a transaction on Thursday, December 21st. The stock was purchased at an average price of $75.62 per share, with a total value of $75,620.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider John R. Schimkaitis sold 2,500 shares of the business’s stock in a transaction dated Wednesday, January 3rd. The stock was sold at an average price of $76.65, for a total value of $191,625.00. The disclosure for this sale can be found here. 4.16% of the stock is owned by insiders.
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About Chesapeake Utilities
Chesapeake Utilities Corporation (Chesapeake) is an energy company. The Company operates through two segments: Regulated Energy and Unregulated Energy. The Company provides natural gas distribution and transmission; natural gas supply, gathering, processing and marketing; electric distribution and generation; propane distribution; propane and crude oil wholesale marketing; steam generation, and other energy-related services.
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