17 September, 2017
SCANA Corporation is a holding company. Columbus Circle Investors who had been investing in Cigna Corporation for a number of months, seems to be bullish on the $47.05B market cap company.
The stock increased 0.73% or $0.43 during the last trading session, reaching $59.62. About 887,904 shares traded.
08/01/2017 - Scana Corporation was upgraded to "overweight" by analysts at Barclays. It has outperformed by 7.97% the S&P500. However, SCANA Corp.'s price chart shows that it has lagged the industry over the last three months. The firm has a market capitalization of $8.55 billion, a P/E ratio of 14.12 and a beta of 0.27. Parallel Advisors LLC now owns 2,235 shares of the utilities provider's stock valued at $145,000 after acquiring an additional 13 shares in the last quarter. Moreover, M&R Management has 0.02% invested in SCANA Corporation (NYSE:SCG) for 1,200 shares.
About 224,522 shares traded. It has underperformed by 17.10% the S&P500. This represents a $2.45 dividend on an annualized basis and a yield of 3.66%. Therefore 37% are positive. CIGNA had 41 analyst reports since July 27, 2015 according to SRatingsIntel. As per Wednesday, May 31, the company rating was maintained by Mizuho. The company was maintained on Monday, August 7 by Morgan Stanley. The rating was maintained by Oppenheimer on Friday, October 30 with "Outperform". The firm has "Buy" rating given on Monday, August 7 by Citigroup. The rating was maintained by Morgan Stanley with "Underweight" on Tuesday, July 11. Zacks Investment Research lowered Scana Corporation from a "hold" rating to a "sell" rating in a research report on Wednesday, January 11th. The stock of SCANA Corporation (NYSE:SCG) earned "Neutral" rating by Mizuho on Tuesday, February 14.
Investors sentiment increased to 1.08 in 2016 Q4. Its down 0.11, from 0.97 in 2016Q3.
A number of other large investors have also recently bought and sold shares of SCG. 59 funds opened positions while 148 raised stakes. Counselors holds 0.43% or 110,376 shares in its portfolio. Huff W R Asset Management Co Llc De, a Florida-based fund reported 28,720 shares. Thompson Davis And Co Inc reported 0.01% of its portfolio in SCANA Corporation (NYSE:SCG). Stephens Ar stated it has 23,294 shares or 0.07% of all its holdings. The Wisconsin-based Sii Invests Incorporated Wi has invested 0.04% in CIGNA Corporation (NYSE:CI). Kanawha Mngmt Ltd Llc has invested 0.07% in CIGNA Corporation (NYSE:CI). Utd Advisers Ltd Liability has 6,577 shares. LNZ Capital LP now owns 595,000 shares of the company's stock worth $43,060,000 after buying an additional 310,000 shares during the period. Trust Company Of Vermont reported 548 shares.
More recent CIGNA Corporation (NYSE:CI) news were published by: Businesswire.com which released: "ADDING MULTIMEDIA America's Favorite TV Doctors Scrub Up to Join Cigna In ..." on September 15, 2017. Also Reuters.com published the news titled: "BRIEF-BIOLASE names Jonathan T. Lord chairman of the board" on September 05, 2017. Seekingalpha.com's news article titled: "Cigna Debt Buyback Opportunity" with publication date: September 06, 2017 was also an interesting one. Shares for $990,000 were sold by Manders Matthew G on Friday, June 2. It also reduced Spdr S&P 500 Etf Tr (SPY) stake by 231,553 shares and now owns 4,600 shares.
More notable recent SCANA Corporation (NYSE:SCG) news were published by: Businesswire.com which released: "Bragar Eagel & Squire, PC is Investigating SCANA Corporation (SCG) on Behalf ..." on September 11, 2017, also Businesswire.com with their article: "IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of SCANA ..." published on September 11, 2017, Businesswire.com published: "SHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of SCANA Corporation" on September 08, 2017. Therefore 14% are positive. SCANA had 18 analyst reports since August 15, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Friday, October 28 by Mizuho. Mizuho downgraded the stock to "Neutral" rating in Tuesday, February 14 report. Gabelli downgraded the stock to "Hold" rating in Friday, July 28 report. Finally, Morgan Stanley upped their price objective on Scana Corporation from $58.00 to $59.00 and gave the stock an "underweight" rating in a research report on Thursday, August 10th.
California State Teachers Retirement System, which manages about $49.09 billion US Long portfolio, upped its stake in Weatherford International Pl (NYSE:WFT) by 132,300 shares to 2.09M shares, valued at $10.44 million in 2016Q4, according to the filing. Vanguard Group Inc. boosted its position in Scana Corporation by 3.7% in the first quarter.
Scana Corporation (NYSE:SCG) last issued its quarterly earnings results on Thursday, August 3rd. The Pacific Alternative Asset Management Company Llc holds 636,462 shares with $62.38 million value, up from 36,927 last quarter. The utilities provider reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.11.
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