SCANA Co. (SCG) Shares Bought by Greenwood Capital Associates LLC

Greenwood Capital Associates LLC raised its position in shares of SCANA Co. (NYSE:SCG) by 78.3% in the 4th quarter, HoldingsChannel reports. The firm owned 15,959 shares of the utilities provider’s stock after acquiring an additional 7,008 shares during the period. Greenwood Capital Associates LLC’s holdings in SCANA were worth $635,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SCG. SeaCrest Wealth Management LLC acquired a new position in SCANA during the fourth quarter valued at approximately $109,000. Willingdon Wealth Management acquired a new position in SCANA during the third quarter valued at approximately $112,000. WFG Advisors LP raised its position in SCANA by 60.6% during the second quarter. WFG Advisors LP now owns 1,747 shares of the utilities provider’s stock valued at $117,000 after purchasing an additional 659 shares in the last quarter. Dupont Capital Management Corp raised its position in SCANA by 241.1% during the fourth quarter. Dupont Capital Management Corp now owns 2,985 shares of the utilities provider’s stock valued at $119,000 after purchasing an additional 2,110 shares in the last quarter. Finally, Amica Retiree Medical Trust increased its holdings in shares of SCANA by 219.1% during the third quarter. Amica Retiree Medical Trust now owns 2,693 shares of the utilities provider’s stock worth $131,000 after buying an additional 1,849 shares in the last quarter. Institutional investors and hedge funds own 67.97% of the company’s stock.

SCANA Co. (NYSE SCG) opened at $37.44 on Tuesday. The stock has a market cap of $5,598.06, a price-to-earnings ratio of 9.62, a PEG ratio of 3.63 and a beta of 0.20. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.77 and a current ratio of 0.88. SCANA Co. has a 1-year low of $37.10 and a 1-year high of $71.28.

Several research analysts have recently issued reports on the stock. Bank of America assumed coverage on shares of SCANA in a report on Tuesday, October 24th. They set a “neutral” rating and a $49.00 price target for the company. TheStreet downgraded shares of SCANA from a “b-” rating to a “c+” rating in a report on Monday, October 23rd. Wells Fargo & Co downgraded shares of SCANA from an “outperform” rating to a “market perform” rating and set a $51.00 price target for the company. in a report on Friday, January 5th. Guggenheim upgraded shares of SCANA from a “sell” rating to a “neutral” rating in a report on Thursday, November 16th. They noted that the move was a valuation call. Finally, Mizuho reiterated a “hold” rating and set a $46.50 price target on shares of SCANA in a report on Thursday, January 11th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. SCANA currently has a consensus rating of “Hold” and an average target price of $52.06.

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SCANA Company Profile

SCANA Corporation is a holding company. The Company, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in South Carolina. The Company operates through segments, including Electric Operations, Gas Distribution, Gas Marketing and All Other. The Company is engaged in the purchase, transmission and sale of natural gas in North Carolina and South Carolina.

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Institutional Ownership by Quarter for SCANA (NYSE:SCG)

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