Were Analysts Bullish SCANA Corporation (NYSE:SCG) This Week?

June 16, 2018 - By Maria Brooks

SCANA Corporation (NYSE:SCG) LogoInvestors sentiment increased to 0.95 in 2018 Q1. Its up 0.08, from 0.87 in 2017Q4. It improved, as 61 investors sold SCANA Corporation shares while 125 reduced holdings. 58 funds opened positions while 119 raised stakes. 83.88 million shares or 6.67% less from 89.88 million shares in 2017Q4 were reported.
Counselors owns 59,147 shares or 0.11% of their US portfolio. Tru Company Of Vermont has 548 shares for 0% of their portfolio. Caisse De Depot Et Placement Du Quebec invested 0.01% of its portfolio in SCANA Corporation (NYSE:SCG). 104,628 were accumulated by Panagora Asset Incorporated. Commonwealth Of Pennsylvania School Empls Retrmt invested in 97,965 shares. Engineers Gate Manager Lp has invested 0.24% of its portfolio in SCANA Corporation (NYSE:SCG). Eaton Vance holds 17,311 shares or 0% of its portfolio. New York State Common Retirement Fund reported 0.01% in SCANA Corporation (NYSE:SCG). Mason Street Advsrs Limited Liability Company has invested 0.02% in SCANA Corporation (NYSE:SCG). Gabelli Funds Ltd reported 542,000 shares. Crow Point Ptnrs Ltd Liability stated it has 0.17% of its portfolio in SCANA Corporation (NYSE:SCG). Arrowstreet Lp reported 199,000 shares or 0.02% of all its holdings. Texas Permanent School Fund has 36,854 shares. Comerica Bank & Trust owns 33,965 shares for 0.01% of their portfolio. Nordea Investment Mgmt Ab holds 0% or 44,446 shares in its portfolio.

SCANA Corporation (NYSE:SCG) Ratings Coverage

Among 6 analysts covering Scana Corp (NYSE:SCG), 1 have Buy rating, 2 Sell and 3 Hold. Therefore 17% are positive. Scana Corp had 10 analyst reports since January 2, 2018 according to SRatingsIntel. Williams Capital Group downgraded the stock to “Sell” rating in Tuesday, May 29 report. Williams Capital Group upgraded SCANA Corporation (NYSE:SCG) on Thursday, April 26 to “Hold” rating. The firm has “Hold” rating given on Tuesday, January 2 by Guggenheim. The stock of SCANA Corporation (NYSE:SCG) earned “Market Perform” rating by Wells Fargo on Friday, January 5. Mizuho maintained the stock with “Hold” rating in Monday, April 2 report. The rating was maintained by Mizuho with “Hold” on Thursday, January 11. As per Thursday, January 4, the company rating was maintained by Mizuho. The firm has “Buy” rating by CFRA given on Wednesday, January 3. Below is a list of SCANA Corporation (NYSE:SCG) latest ratings and price target changes.

29/05/2018 Broker: Williams Capital Group Old Rating: Hold New Rating: Sell Downgrade
26/04/2018 Broker: Williams Capital Group Old Rating: Sell New Rating: Hold Upgrade
02/04/2018 Broker: Mizuho Rating: Hold New Target: $35.5000 Maintain
02/02/2018 Broker: UBS Rating: Sell New Target: $38 Initiates Coverage On
11/01/2018 Broker: Mizuho Rating: Hold New Target: $46.5 Maintain
04/01/2018 Broker: Mizuho Rating: Hold New Target: $48.5 Maintain
05/01/2018 Broker: Wells Fargo Old Rating: Outperform New Rating: Market Perform Downgrade
03/01/2018 Broker: CFRA Rating: Buy Maintain
03/01/2018 Broker: Wells Fargo Rating: Buy
02/01/2018 Broker: Guggenheim Rating: Hold New Target: $39.0 Maintain

The stock increased 1.11% or $0.41 during the last trading session, reaching $37.31. About 2.59M shares traded or 75.14% up from the average. SCANA Corporation (NYSE:SCG) has declined 47.22% since June 16, 2017 and is downtrending. It has underperformed by 59.79% the S&P500.

SCANA Corporation, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale clients in South Carolina. The company has market cap of $5.32 billion. It owns nuclear, coal, hydro, natural gas, biomass, and solar generating facilities. It currently has negative earnings. The firm also purchases, sells, and transports natural gas; and offers energy-related services.

Another recent and important SCANA Corporation (NYSE:SCG) news was published by Globenewswire.com which published an article titled: “New Research Coverage Highlights Ichor, SCANA, Pattern Energy Group, Arthur J. Gallagher, Premier, and Azul …” on June 15, 2018.

SCANA Corporation (NYSE:SCG) Institutional Positions Chart

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