Vectren Corp. (NYSE:VVC) shares traded down 1.7% on Thursday . The stock traded as low as $51.21 and last traded at $51.21, with a volume of 134,742 shares trading hands. The stock had previously closed at $52.09.

Several analysts have recently issued reports on VVC shares. Zacks Investment Research cut Vectren Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, April 6th. US Capital Advisors cut Vectren Corp. from an “overweight” rating to a “hold” rating in a report on Thursday, May 19th.

The company’s 50-day moving average price is $51.43 and its 200 day moving average price is $47.87. The stock has a market cap of $4.29 billion and a PE ratio of 22.72.

Vectren Corp. (NYSE:VVC) last announced its quarterly earnings data on Monday, May 9th. The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.69 by $0.11. During the same period in the prior year, the company posted $0.69 EPS. The business had revenue of $584.80 million for the quarter, compared to analyst estimates of $648.30 million. Vectren Corp.’s quarterly revenue was down 17.2% on a year-over-year basis. Equities research analysts predict that Vectren Corp. will post $2.47 earnings per share for the current fiscal year.

Other hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in Vectren Corp. by 4.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 341,361 shares of the company’s stock worth $14,483,000 after buying an additional 15,614 shares during the period. Advisors Asset Management Inc. boosted its position in Vectren Corp. by 10.5% in the fourth quarter. Advisors Asset Management Inc. now owns 28,980 shares of the company’s stock worth $1,229,000 after buying an additional 2,758 shares during the period. Bank of Montreal Can boosted its position in Vectren Corp. by 495.4% in the fourth quarter. Bank of Montreal Can now owns 41,652 shares of the company’s stock worth $1,766,000 after buying an additional 34,656 shares during the period. Cornerstone Capital Management Holdings LLC. boosted its position in Vectren Corp. by 43.3% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 71,277 shares of the company’s stock worth $3,024,000 after buying an additional 21,532 shares during the period. Finally, Mutual of America Capital Management LLC boosted its position in Vectren Corp. by 1.7% in the fourth quarter. Mutual of America Capital Management LLC now owns 55,907 shares of the company’s stock worth $2,372,000 after buying an additional 921 shares during the period.

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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