Stock On Watch: Blackrock Utility & Infrastructure Trust Sentiment Worsening on Low Stock Potential

November 15, 2016 - By Peter Erickson   ·   0 Comments

Stock On Watch: Blackrock Utility & Infrastructure Trust Sentiment Worsening on Low Stock Potential

Sentiment for Blackrock Utility & Infrastructure Trust (NYSE:BUI)

Blackrock Utility & Infrastructure Trust (NYSE:BUI) institutional sentiment decreased to 0.41 in Q2 2016. Its down -0.37, from 0.78 in 2016Q1. The ratio dived, as 9 investment professionals increased or started new positions, while 22 reduced and sold positions in Blackrock Utility & Infrastructure Trust. The investment professionals in our partner’s database now have: 1.69 million shares, down from 2.34 million shares in 2016Q1. Also, the number of investment professionals holding Blackrock Utility & Infrastructure Trust in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 14 Reduced: 8 Increased: 7 New Position: 2.

BlackRock Utility and Infrastructure Trust is a closed-end management investment company. The company has a market cap of $295.87 million. The Trust’s investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It currently has negative earnings. The Trust seeks to achieve its investment objective by investing primarily in equity securities issued by companies that are engaged in the Utilities and Infrastructure business divisions in the world.

About 79,900 shares traded hands or 4.81% up from the average. BlackRock Utility and Infrastructure (NYSE:BUI) has declined 1.41% since April 13, 2016 and is downtrending. It has underperformed by 5.34% the S&P500.

Liberty Capital Management Inc. holds 0.36% of its portfolio in BlackRock Utility and Infrastructure for 26,230 shares. Advisors Asset Management Inc. owns 350,670 shares or 0.12% of their US portfolio. Moreover, Shamrock Asset Management Llc has 0.03% invested in the company for 2,500 shares. The Montana-based D.A. Davidson & Co. has invested 0.02% in the stock. Guggenheim Capital Llc, a Illinois-based fund reported 342,415 shares.#img1#

More notable recent BlackRock Utility and Infrastructure (NYSE:BUI) news were published by: Nasdaq.com which released: “BlackRock Utility and Infrastructure Trust (BUI) Ex-Dividend Date Scheduled …” on October 11, 2016, also Businesswire.com with their article: “BlackRock Announces Portfolio Manager Changes to BlackRock Utility and …” published on December 15, 2015, Seekingalpha.com published: “BlackRock Utility And Infrastructure Trust: An Option Player In The ETF …” on June 12, 2015. More interesting news about BlackRock Utility and Infrastructure (NYSE:BUI) were released by: Seekingalpha.com and their article: “BUI: Take Profits Off The Table” published on August 21, 2016 as well as Seekingalpha.com‘s news article titled: “Finding The Best Utility CEF Offering 7% Or Better” with publication date: May 20, 2016.

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By Peter Erickson


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