UTF Stock Summary and Trading Ideas (Cohen & Steers Infrastructure | NYSE:UTF)

The primary investment objective of the Fund is high current income through investment in securities issued by infrastructure companies. Infrastructure companies typically provide the physical framework that society requires to function on a daily basis and are defined as utilities, pipelines, toll roads, airports, railroads, marine ports and telecommunications companies.

Cohen & Steers Infrastructure trades on the NYSE stock market under the symbol UTF.

As of April 23, 2024, UTF stock price climbed to $22.52 with 108,875 million shares trading.

UTF has a beta of 0.96, meaning it tends to be less sensitive to market movements. UTF has a correlation of 0.25 to the broad based SPY ETF.

UTF has a market cap of $2.17 billion. This is considered a Mid Cap stock.

In the last 3 years, UTF stock traded as high as $29.85 and as low as $18.15.

UTF stock has underperformed the market in the last year with a return of +4.4%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in UTF shares. However, UTF has outperformed the market in the last 3 month and 2 week periods, returning +8.9% and -2.4%, while SPY returned +4.9% and -2.5%, respectively. This indicates UTF has been having a stronger performance recently.

UTF support price is $22.01 and resistance is $22.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UTF stock will trade within this expected range on the day.