Strs Ohio increased its holdings in Unit Co. (NYSE:UNT) by 39.8% during the fourth quarter, HoldingsChannel reports. The firm owned 38,100 shares of the oil and gas company’s stock after acquiring an additional 10,854 shares during the quarter. Strs Ohio’s holdings in Unit were worth $544,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of UNT. Teachers Advisors LLC increased its stake in Unit by 1.7% in the 3rd quarter. Teachers Advisors LLC now owns 106,581 shares of the oil and gas company’s stock worth $2,778,000 after acquiring an additional 1,744 shares during the last quarter. American Century Companies Inc. increased its stake in Unit by 2.0% in the 3rd quarter. American Century Companies Inc. now owns 114,943 shares of the oil and gas company’s stock worth $2,995,000 after acquiring an additional 2,216 shares during the last quarter. Martingale Asset Management L P increased its stake in Unit by 6.3% in the 3rd quarter. Martingale Asset Management L P now owns 40,747 shares of the oil and gas company’s stock worth $1,062,000 after acquiring an additional 2,415 shares during the last quarter. Meeder Asset Management Inc. increased its position in shares of Unit by 1,732.8% during the 4th quarter. Meeder Asset Management Inc. now owns 4,197 shares of the oil and gas company’s stock valued at $61,000 after purchasing an additional 3,968 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky increased its position in shares of Unit by 30.3% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 19,344 shares of the oil and gas company’s stock valued at $504,000 after purchasing an additional 4,500 shares during the last quarter. 89.88% of the stock is currently owned by institutional investors.

UNT has been the topic of several analyst reports. ValuEngine raised Unit from a “hold” rating to a “buy” rating in a research report on Wednesday, November 7th. Capital One Financial downgraded Unit from an “overweight” rating to an “equal weight” rating in a research report on Thursday, December 20th. Stephens assumed coverage on Unit in a research report on Thursday, December 6th. They set an “equal weight” rating and a $25.00 target price on the stock. Zacks Investment Research downgraded Unit from a “buy” rating to a “hold” rating in a research report on Wednesday, October 31st. Finally, Raymond James downgraded Unit from a “strong-buy” rating to a “market perform” rating in a research report on Thursday, December 13th. One research analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and an average target price of $26.43.

Unit stock traded down $0.09 during mid-day trading on Monday, hitting $15.13. The company’s stock had a trading volume of 1,220 shares, compared to its average volume of 245,819. The company has a market capitalization of $814.14 million, a PE ratio of 27.91 and a beta of 2.86. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. Unit Co. has a one year low of $13.19 and a one year high of $29.06.

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Unit Profile

Unit Corporation, together with its subsidiaries, operates as a diversified energy company in the United States. The company operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Oil and Natural Gas segment acquires, explores, develops, and produces oil and natural gas properties.

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Institutional Ownership by Quarter for Unit (NYSE:UNT)

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