Vectren Corp. (NYSE:VVC) shares saw unusually-high trading volume on Friday . Approximately 1,543,799 shares traded hands during trading, an increase of 245% from the previous session’s volume of 447,011 shares.The stock last traded at $51.73 and had previously closed at $51.50.

VVC has been the subject of several analyst reports. Zacks Investment Research downgraded Vectren Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, April 6th. US Capital Advisors downgraded Vectren Corp. from an “overweight” rating to a “hold” rating in a research report on Thursday, May 19th. Finally, Citigroup Inc. boosted their price objective on Vectren Corp. from $44.00 to $53.00 and gave the stock a “neutral” rating in a research report on Wednesday.

The stock has a market capitalization of $4.28 billion and a PE ratio of 22.70. The firm has a 50 day moving average price of $51.75 and a 200-day moving average price of $48.48.

Vectren Corp. (NYSE:VVC) last released its earnings results on Monday, May 9th. The company reported $0.58 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by $0.11. During the same period in the previous year, the firm posted $0.69 EPS. The company had revenue of $584.80 million for the quarter, compared to analyst estimates of $648.30 million. The business’s revenue for the quarter was down 17.2% compared to the same quarter last year. Analysts predict that Vectren Corp. will post $2.47 EPS for the current fiscal year.

Several large investors recently added to or reduced their stakes in VVC. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in 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. Comerica Bank boosted its stake in Vectren Corp. by 0.9% in the fourth quarter. Comerica Bank now owns 60,415 shares of the company’s stock valued at $2,530,000 after buying an additional 561 shares during the last quarter. Cornerstone Capital Management Holdings LLC. boosted its stake 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 valued at $3,024,000 after buying an additional 21,532 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Vectren Corp. by 4.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 341,361 shares of the company’s stock valued at $14,483,000 after buying an additional 15,614 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in 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.

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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