South Jersey Industries Inc (SJI) : Gierl Augustine Investment Management Inc scooped up 7,718 additional shares in South Jersey Industries Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 89,083 shares of South Jersey Industries Inc which is valued at $2,524,612.South Jersey Industries Inc makes up approximately 2.37% of Gierl Augustine Investment Management Inc’s portfolio.
Other Hedge Funds, Including , Duff Phelps Investment Management Co boosted its stake in SJI in the latest quarter, The investment management firm added 46,745 additional shares and now holds a total of 1,606,745 shares of South Jersey Industries Inc which is valued at $45,535,153. South Jersey Industries Inc makes up approx 0.66% of Duff Phelps Investment Management Co’s portfolio.Nisa Investment Advisors reduced its stake in SJI by selling 5,000 shares or 8.69% in the most recent quarter. The Hedge Fund company now holds 52,550 shares of SJI which is valued at $1,446,176. South Jersey Industries Inc makes up approx 0.02% of Nisa Investment Advisors’s portfolio.Creative Planning reduced its stake in SJI by selling 2,000 shares or 14.79% in the most recent quarter. The Hedge Fund company now holds 11,526 shares of SJI which is valued at $317,196.Banced Corp reduced its stake in SJI by selling 2,126 shares or 10.54% in the most recent quarter. The Hedge Fund company now holds 18,044 shares of SJI which is valued at $496,571. South Jersey Industries Inc makes up approx 0.99% of Banced Corp’s portfolio. Washington Trust Bank sold out all of its stake in SJI during the most recent quarter. The investment firm sold 200 shares of SJI which is valued $5,606.
South Jersey Industries Inc closed down -0.1 points or -0.35% at $28.34 with 2,23,413 shares getting traded on Friday. Post opening the session at $28.31, the shares hit an intraday low of $28.18 and an intraday high of $28.75 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, South Jersey Industries Inc reported $0.12 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.14.Analysts expectations of $ 182.88.During the same quarter in the previous year, the company posted $0.03 EPS.
Many Wall Street Analysts have commented on South Jersey Industries Inc. South Jersey Industries Inc was Initiated by Morgan Stanley to “Equal-Weight” on Sep 8, 2016.
South Jersey Industries Inc. (SJI) is an energy services holding company. The Company provides energy-related products and services through its subsidiaries. Its subsidiaries include South Jersey Gas Company (SJG) South Jersey Energy Company (SJE) South Jersey Resources Group LLC (SJRG) South Jersey Exploration LLC Marina Energy LLC (Marina) South Jersey Energy Service Plus LLC and SJI Midstream LLC. It operates in several operating segments: Gas utility operations consist of natural gas distribution; Wholesale energy operations include the activities of SJRG and SJEX; SJE is involved in retail gas and retail electric activities; Retail gas and other operations include natural gas acquisition and transportation services; Retail electric operations consist of electricity acquisition and transportation; On-site energy production consists of Marina’s thermal energy facility and Appliance service operations include SJESPs servicing of appliances.