Traders sold shares of Scana Corp. (NYSE:SCG) on strength during trading on Thursday. $7.52 million flowed into the stock on the tick-up and $23.43 million flowed out of the stock on the tick-down, for a money net flow of $15.91 million out of the stock. Of all stocks tracked, Scana Corp. had the 0th highest net out-flow for the day. Scana Corp. traded up $0.63 for the day and closed at $74.14

SCG has been the subject of several research reports. Zacks Investment Research raised Scana Corp. from a “sell” rating to a “hold” rating in a report on Monday, May 23rd. Vetr lowered Scana Corp. from a “buy” rating to a “hold” rating and set a $73.50 price objective for the company. in a report on Monday, April 4th. Morgan Stanley lowered Scana Corp. from an “equal weight” rating to an “underweight” rating and set a $67.00 price objective for the company. in a report on Wednesday, June 15th. Finally, Mizuho increased their price objective on Scana Corp. from $74.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, June 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. Scana Corp. presently has an average rating of “Hold” and a consensus target price of $68.92.

The company has a market capitalization of $10.71 billion and a PE ratio of 20.52. The company has a 50-day moving average price of $73.04 and a 200-day moving average price of $68.23.

Scana Corp. (NYSE:SCG) last released its earnings results on Thursday, April 28th. The company reported $1.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.34 by $0.11. During the same period last year, the firm earned $2.80 EPS. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.37 billion. The business’s revenue was down 15.6% on a year-over-year basis. On average, equities research analysts anticipate that Scana Corp. will post $3.95 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 1st. Investors of record on Friday, June 10th were issued a $0.575 dividend. The ex-dividend date of this dividend was Wednesday, June 8th. This represents a $2.30 dividend on an annualized basis and a yield of 3.07%.

A number of institutional investors have recently made changes to their positions in SCG. ARGI Investment Services LLC raised its position in shares of Scana Corp. by 0.8% in the fourth quarter. ARGI Investment Services LLC now owns 21,473 shares of the company’s stock worth $1,299,000 after buying an additional 173 shares during the last quarter. Advisors Asset Management Inc. raised its position in shares of Scana Corp. by 2.9% in the fourth quarter. Advisors Asset Management Inc. now owns 25,878 shares of the company’s stock worth $1,565,000 after buying an additional 727 shares during the last quarter. Foresters Investment Management Company Inc. raised its position in shares of Scana Corp. by 0.5% in the fourth quarter. Foresters Investment Management Company Inc. now owns 222,000 shares of the company’s stock worth $13,429,000 after buying an additional 1,000 shares during the last quarter. Gulf International Bank UK Ltd raised its position in shares of Scana Corp. by 3.4% in the fourth quarter. Gulf International Bank UK Ltd now owns 38,244 shares of the company’s stock worth $2,313,000 after buying an additional 1,270 shares during the last quarter. Finally, New Amsterdam Partners LLC NY raised its position in shares of Scana Corp. by 3.2% in the fourth quarter. New Amsterdam Partners LLC NY now owns 48,986 shares of the company’s stock worth $2,963,000 after buying an additional 1,510 shares during the last quarter.

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

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