Economy

South Carolina Electric & Gas Co (NYSE:SCG): Negative Stock Sentiment

Accern also gave news articles about the utilities provider an impact score of 45.2914119236968 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. Wellington Management Group LLP acquired a new stake in shares of Scana Corporation in the 1st quarter valued at $452,000. SCANA Corporation has 147 million shares outstanding, and in the last trade has seen ATR around 1.42. Pacer Advisors Inc. raised its holdings in Scana Corporation by 8.3% during the second quarter. Teachers Advisors LLC now owns 184,886 shares of the utilities provider's stock valued at $12,082,000 after purchasing an additional 20,163 shares in the last quarter. ING Groep NV raised its position in Scana Corp.by 2.9% in the second quarter. OppenheimerFunds Inc. now owns 7,837 shares of the utilities provider's stock valued at $512,000 after purchasing an additional 1,349 shares in the last quarter. Finally, First Midwest Bank Trust Division raised its position in Scana Corp.by 71.0% in the second quarter.

Shares of Scana Corp. The stock had a trading volume of 482,897 shares. The stock has a market capitalization of $6,003.94, a P/E ratio of 10.32, a P/E/G ratio of 2.86 and a beta of 0.21. Scana Corporation has a one year low of $41.15 and a one year high of $74.99. The stock has a 50 day moving average price of $71.37 and a 200-day moving average price of $71.37. Scana Corporation had a return on equity of 10.05% and a net margin of 10.45%. The company's quarterly EPS surprised Wall Street by as much as -3% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. The business had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.17 billion. Next quarter's EPS is forecasted to be $1.20 and the next full year EPS is projected to be $3.64. Ameriprise Financial Inc. boosted its stake in shares of Scana Corporation by 11.3% in the 1st quarter. On average, equities research analysts predict that Scana Corp. will post $3.97 earnings per share for the current year. Shareholders of record on Monday, September 12th were paid a dividend of $0.575 per share. The ex-dividend date of this dividend is Monday, December 11th. This represents a $2.45 dividend on an annualized basis and a yield of 5.88%. Scana Corp.'s dividend payout ratio (DPR) is presently 62.16%.

A number of institutional investors and hedge funds have recently bought and sold shares of the business.

ILLEGAL ACTIVITY WARNING: "Scana Corporation (NYSE:SCG) Cut to "C+" at TheStreet" was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. The rating was downgraded by Williams Capital Group on Monday, September 18 to "Hold". Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company's stock.

August 10 investment analysts at Morgan Stanley maintained a company rating of "Underweight" and moved down the price target from $63.00 to $59.00.

SCANA Corporation (NYSE:SCG) slipped over -1.18% at $42.63.

The Company, through its subsidiaries, is engaged in generation, transmission, distribution and sale of electricity, and the purchase, sale and transportation of natural gas in North Carolina and SC.



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