Advisory Services Network buys $932,204 stake in SCANA Corporation (SCG)

SCANA Corporation (SCG) : Advisory Services Network scooped up 519 additional shares in SCANA Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 13,477 shares of SCANA Corporation which is valued at $932,204.SCANA Corporation makes up approximately 0.18% of Advisory Services Network’s portfolio.

Other Hedge Funds, Including , Simplex Trading reduced its stake in SCG by selling 8,319 shares or 97.23% in the most recent quarter. The Hedge Fund company now holds 237 shares of SCG which is valued at $16,393.Chevy Chase Trust Holdings reduced its stake in SCG by selling 2,286 shares or 1.85% in the most recent quarter. The Hedge Fund company now holds 121,610 shares of SCG which is valued at $8,386,226. SCANA Corporation makes up approx 0.05% of Chevy Chase Trust Holdings’s portfolio.Eqis Capital Management boosted its stake in SCG in the latest quarter, The investment management firm added 1,363 additional shares and now holds a total of 8,965 shares of SCANA Corporation which is valued at $618,226. SCANA Corporation makes up approx 0.04% of Eqis Capital Management’s portfolio.Lvm Capital Management Ltdmi boosted its stake in SCG in the latest quarter, The investment management firm added 27,630 additional shares and now holds a total of 185,860 shares of SCANA Corporation which is valued at $12,816,906. SCANA Corporation makes up approx 4.05% of Lvm Capital Management Ltdmi’s portfolio.

SCANA Corporation opened for trading at $69.54 and hit $70.33 on the upside on Friday, eventually ending the session at $69.17, with a gain of 0.09% or 0.06 points. The heightened volatility saw the trading volume jump to 9,61,311 shares. Company has a market cap of $9,886 M.

On the company’s financial health, SCANA Corporation reported $0.74 EPS for the quarter, based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus estimate of $0.74. The company had revenue of $905.00 million for the quarter, compared to analysts expectations of $986.95 million. The company’s revenue was down -6.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.69 EPS.

SCANA Corporation is a holding company. SCANA through its subsidiaries is engaged in the generation transmission distribution and sale of electricity in South Carolina and in the purchase transmission and sale of natural gas in North Carolina and South Carolina. Through other wholly owned non-regulated subsidiaries SCANA markets natural gas to retail customers in Georgia and to wholesale customers primarily in the southeast and also provides fiber optic and other telecommunications services. The Company operates through the following segments: Electric Operations Gas Distribution Retail Gas Marketing and All Other. Electric Operations primarily generates transmits and distributes electricity. Gas Distribution purchases and sells natural gas primarily at retail. Retail Gas Marketing markets natural gas in Georgia. Energy Marketing markets natural gas to industrial and commercial customers and municipalities. All Other comprises the holding company and its subsidiaries.

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