Which Analysts Are Watching Scana Corporation (NYSE:SCG)?

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01 September, 2017

Among 23 analysts covering CVS Health (NYSE:CVS), 13 have Buy rating, 0 Sell and 10 Hold.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCG.

01/24/2017 - Scana Corporation was downgraded to "neutral" by analysts at Macquarie. Shell Asset Management Co. now owns 12,615 shares of the utilities provider's stock valued at $824,000 after buying an additional 523 shares during the period. Vanguard Group Inc. increased its stake in Scana Corporation by 3.7% in the first quarter. Retirement Systems of Alabama now owns 69,084 shares of the utilities provider's stock valued at $4,515,000 after buying an additional 1,346 shares during the last quarter. The Huff W R Asset Management Company Llc holds 61,870 shares with $2.63 million value, up from 24,610 last quarter. State Treasurer State of MI now owns 46,916 shares of the utilities provider's stock worth $3,066,000 after buying an additional 200 shares during the last quarter. Can raised its position in shares of Scana Corporation by 25.7% in the first quarter. Canada Pension Plan Investment Board now owns 140,210 shares of the utilities provider's stock worth $9,163,000 after buying an additional 110,892 shares in the last quarter. They now have a United States dollars 67 price target on the stock. Dimensional Fund Advsr Ltd Partnership has invested 0.01% of its portfolio in SCANA Corporation (NYSE:SCG). 40,630 shares of the stock were exchanged.

Despite the fact Fortive Corporation (NYSE:FTV) was trading at volume above average, prior 52-week high was $67.48 and surged 25.32% over the same period, trading at a volume of 1.41 million. The firm's 50-day moving average is $63.24 and its 200-day moving average is $66.36. The stock's market capitalization is 8.54B.

06/15/2016 - Scana Corporation was downgraded to "underweight" by analysts at Morgan Stanley. The utilities provider reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.74 by $0.11. For the past 5 years, the company's revenue has grown 1.5%, while the company's earnings per share has grown 11.5%. 59 funds opened positions while 148 raised stakes. Scana Corporation had a net margin of 13.99% and a return on equity of 10.50%. During the same period in the previous year, the business posted $0.74 EPS. The rating was upgraded by Barclays Capital on Tuesday, August 1 to "Overweight".

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, October 1st. Shareholders of record on Monday, September 11th will be given a dividend of $0.6125 per share. This represents a $2.45 annualized dividend and a dividend yield of 4.08%. Scana Corporation's payout ratio is 57.68%. Murphy owns 4,354 shares. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & worldwide copyright & trademark laws. The legal version of this story can be viewed at https://weekherald.com/2017/08/30/scana-corporation-scg-shares-sold-by-good-life-advisors-llc.html.

Several brokerages have recently commented on SCG.

07/20/2017 - Scana Corporation was upgraded to "neutral" by analysts at Goldman Sachs.

In the most updated research from a number of analysts on Wall Street, the company gets 3 Buys and 2 Sell among 10 analysts. Los Angeles Capital Equity Research holds 0.01% of its portfolio in SCANA Corporation (NYSE:SCG) for 20,552 shares. Guggenheim lowered shares of Scana Corporation from a "buy" rating to a "sell" rating in a research report on Friday, July 28th.

Drilling into the technicals for Cellular Biomedicine Group Inc (CBMG), we have noticed that the Relative Momentum Indicator, or RMI, has been trending higher over the past week.

SCANA Corporation (NYSE:SCG) slipped over -1.07% at $59.94, after hitting low of $59.78 in an intra-day trade. Four analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company's stock. The company has an average rating of "Hold" and a consensus target price of $70.31. More interesting news about SCANA Corporation (NYSE:SCG) were released by: Postandcourier.com and their article: "SCANA reports $121M profit on heels of nuclear plant failure" published on August 03, 2017 as well as Prnewswire.com's news article titled: "South Carolina Electric & Gas Company To Voluntarily Withdraw Its New Nuclear ..." with publication date: August 15, 2017. The Company, through its subsidiaries, is involved in the generation, transmission, distribution and sale of electricity in SC. The Firm operates through divisions, including Electric Operations, Gas Distribution, Gas Marketing and All Other. The Company is involved in the purchase, transmission and sale of natural gas in North Carolina and SC.


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