Vectren Corp. (NYSE:VVC)’s share price dropped 2.5% on Thursday . The stock traded as low as $51.73 and last traded at $51.82, with a volume of 484,220 shares changing hands. The stock had previously closed at $53.15.

VVC has been the topic of several analyst reports. Zacks Investment Research lowered Vectren Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, April 6th. US Capital Advisors lowered Vectren Corp. from an “overweight” rating to a “hold” rating in a research note on Thursday, May 19th.

The company has a 50 day moving average price of $50.93 and a 200-day moving average price of $47.57. The firm has a market cap of $4.30 billion and a P/E ratio of 22.78.

Vectren Corp. (NYSE:VVC) last issued its quarterly earnings results on Monday, May 9th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by $0.11. The firm earned $584.80 million during the quarter, compared to the consensus estimate of $648.30 million. During the same quarter last year, the firm posted $0.69 EPS. The business’s revenue was down 17.2% on a year-over-year basis. On average, equities research analysts forecast that Vectren Corp. will post $2.47 EPS for the current year.

Other institutional investors have modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Vectren Corp. by 0.5% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 23,978 shares of the company’s stock valued at $1,017,000 after buying an additional 114 shares during the last quarter. Advisors Asset Management Inc. raised its position in shares of Vectren Corp. by 10.5% in the fourth quarter. Advisors Asset Management Inc. now owns 28,980 shares of the company’s stock valued at $1,229,000 after buying an additional 2,758 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Vectren Corp. by 0.3% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 33,780 shares of the company’s stock valued at $1,433,000 after buying an additional 100 shares during the last quarter. Bank of Montreal Can raised its position in shares of Vectren Corp. by 495.4% in the fourth quarter. Bank of Montreal Can now owns 41,652 shares of the company’s stock valued at $1,766,000 after buying an additional 34,656 shares during the last quarter. Finally, Liberty Mutual Group Asset Management Inc. raised its position in shares of Vectren Corp. by 41.5% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 49,758 shares of the company’s stock valued at $2,112,000 after buying an additional 14,592 shares during the last quarter.

Vectren Corporation (Vectren) is an energy holding Company. The Company segregates its operations into groups, including the Utility Group, the Nonutility Group, and Corporate and Other. The Company’s subsidiary, Vectren Utility Holdings, Inc (Utility Holdings or VUHI), serves as the intermediate holding company for three public utilities: Indiana Gas Company, Inc (Indiana Gas), Southern Indiana Gas and Electric Company (SIGECO) and Vectren Energy Delivery of Ohio, Inc (VEDO).

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