Williams Capital Cuts Rating On SCANA Corporation (SCG) To "Hold"

The Company's assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma. This represents a $2.45 annualized dividend and a dividend yield of 4.09%. Therefore 13% are positive. Scana Corporation has a one year low of $58.55 and a one year high of $75.92. SCANA had 19 analyst reports since August 15, 2015 according to SRatingsIntel. Finally, Morgan Stanley lifted their price objective on shares of Scana Corporation from $58.00 to $59.00 and gave the stock an "underweight" rating in a report on Thursday, August 10th. The rating was maintained by Mizuho on Tuesday, June 14 with "Buy".

Scana Corporation (NYSE:SCG) last issued its quarterly earnings data on Thursday, August 3rd. The rating was downgraded by Mizuho on Tuesday, February 14 to "Neutral". Guggenheim downgraded shares of Scana Corporation from a "buy" rating to a "sell" rating in a report on Friday, July 28th. Mizuho reaffirmed an "underperform" rating and set a $59.50 price objective (up from $57.00) on shares of Scana Corporation in a report on Tuesday, August 1st. Its up 0.02, from 1.06 in 2016Q3. With short interest at 3,588,508 and short average daily volume at 1,161,112, days to cover is 3.0 and the percentage of shorted shares was 0.03% on August 31. Callahan Advisors Ltd Liability Corp owns 59,332 shares. It has underperformed by 0.21% the S&P500.

Several analysts recently issued reports on the company. As of the last earnings report the EPS was $4.24 and is projected to be $4.19 for the current year with 142,916,000 shares now outstanding. Analysts expect next quarter's EPS will be $0.93 with next year's EPS projected to be $4.25. Jvl Advisors L.L.C. owns 16.09 million shares or 15.31% of their United States portfolio. Catawba Capital Mngmt Va invested in 0.07% or 3,884 shares. BlackRock Inc. now owns 12,263,023 shares of the utilities provider's stock worth $801,389,000 after acquiring an additional 11,927,826 shares during the period. Da Davidson & holds 0% of its portfolio in SCANA Corporation (NYSE:SCG) for 1,368 shares. The utilities provider reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.11. The utilities provider reported $0.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.74 by $0.11.

SCANA Corporation, launched on October 1, 1984, is a holding company. The company has market cap of $8.55 billion. The Company, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in SC. It has a 14.11 P/E ratio. The Company operates through segments, including Electric Operations, Gas Distribution, Gas Marketing and All Other.

Investors sentiment increased to 1.08 in Q4 2016. Ameriprise Financial Inc. grew its position in shares of Scana Corporation by 5.1% during the 2nd quarter. Caisse De Depot Et Placement Du Quebec has 189,074 shares. California Employees Retirement invested 0.04% of its portfolio in SCANA Corporation (NYSE:SCG). Centurylink Investment Management holds 0.55% or 21,840 shares in its portfolio. X Management Ltd Liability Corporation reported 4,092 shares stake. Banced Corp holds 7,619 shares. Old Republic stated it has 213,800 shares or 0.56% of all its holdings. Arizona State Retirement Sys accumulated 46,575 shares or 0.05% of the stock. Moreover, Dimensional Fund L P has 0.01% invested in SCANA Corporation (NYSE:SCG) for 299,685 shares. Blue Bell Private Wealth Management Llc, a Pennsylvania-based fund reported 3,660 shares. Zacks Investment Research upgraded Scana Corporation from a "sell" rating to a "hold" rating in a report on Wednesday. Gateway Investment Advisers Ltd Llc has 10,793 shares. Credit Agricole S A accumulated 51,667 shares or 0.01% of the stock. Amalgamated Bank grew its position in shares of Scana Corporation by 60.1% during the 2nd quarter. It has underperformed by 20.83% the S&P500.The move comes after 8 months negative chart setup for the $8.35 billion company.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.

Like this



19 September 2017
Northam, Gillespie running in tight Va. gubernatorial race
The 1,000-person survey of Virginia adults was conducted for UMW by Princeton Survey Research Associates International Sept. 5-12. Of the nearly six million voters eligible for the midterm in Virginia in 2014, only 2.2 million voted, according to the U.S.

19 September 2017
Pennywise actor reveals 'disturbing' flashback cut from It
There's no gentle way to put this so I'm going to throw it right out there - I'm the freak who likes clowns. I suppose the mystery is intentional since it looks like there is a continuation to the story.

19 September 2017
Cypress Semiconductor Corporation (CY) closed at $14.41 in the last trading session
Teacher Retirement System of Texas boosted its position in shares of ON Semiconductor Corporation by 0.4% during the 2nd quarter. TRADEMARK VIOLATION NOTICE: This piece was originally reported by Equities Focus and is the sole property of of Equities Focus.

19 September 2017
No Second Season for Mariah Carey's E! TV Series
The crux of the eight-episode season was about Carey embarking on a world tour while being the unapologetic diva she has every right to be.

19 September 2017
Banco Bradesco Sa American Depo (BBD) Trades at 52-Week High
BidaskClub raised shares of Banco Bradesco SA from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 5th. ValuEngine raised Banco Bradesco SA from a buy rating to a strong-buy rating in a research report on Friday, September 1st.

19 September 2017
SunPower Corporation (NASDAQ:SPWR) Getting Somewhat Favorable Media Coverage, Report Shows
Energy provides engineered integrated flow control solutions, valves and services primarily in the gas and oil end market. On Friday, Shares of SunPower Corporation (NASDAQ: SPWR ) expressed a change of -2.10% and closed its trade at $8.39.

19 September 2017
Trump considering Fourth of July military parade
Trump and Macron were also slated to discuss other worldwide concerns, including terrorism and security, during their meeting. Trump's first appearance before the organization is at a US -sponsored event on reforming the 193-member organization.

19 September 2017
Layers of Fear redesigned for Nintendo Switch
What we do know is the Aspyr will be publishing the game physically in selection regions and of course digitally via the eShop. It would also more than influence the studio's next big venture Observer which recently released for Xbox One, PS4 and PC.

19 September 2017
Va. Task Force 2 team heading to Puerto Rico
VA-TF2 just returned from Puerto Rico to help with relief efforts and storms ravaged much of the Caribbean. Teams reported to the Virginia Beach Fire Training Center at 6 a.m.

19 September 2017
Brookfield Infrastructure Partners LP (BIP) PT Raised to $57.00 at TD Securities
The stock of Brookfield Infrastructure Partners L.P. (NYSE:BIP) earned "Buy" rating by TD Securities on Wednesday, March 16. Tower analysis Capital TRC boosted its stake in stocks of Brookfield Infrastructure Partners by 2,000.0% in the Fiscal Q2.