Cutter Co Brokerage buys $2,045,071 stake in RGC Resources (RGCO)

RGC Resources (RGCO) : Cutter Co Brokerage scooped up 2,033 additional shares in RGC Resources during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 82,887 shares of RGC Resources which is valued at $2,045,071.RGC Resources makes up approximately 0.87% of Cutter Co Brokerage’s portfolio.

Other Hedge Funds, Including , California Public Employees Retirement System added RGCO to its portfolio by purchasing 8,600 company shares during the most recent quarter which is valued at $212,188.Msi Financial Services Inc boosted its stake in RGCO in the latest quarter, The investment management firm added 809 additional shares and now holds a total of 1,999 shares of RGC Resources which is valued at $49,575.Dalton Greiner Hartman Maher Co boosted its stake in RGCO in the latest quarter, The investment management firm added 180 additional shares and now holds a total of 85,070 shares of RGC Resources which is valued at $2,093,743. RGC Resources makes up approx 0.12% of Dalton Greiner Hartman Maher Co’s portfolio.

RGC Resources opened for trading at $24.49 and hit $24.74 on the upside on Monday, eventually ending the session at $24.642, with a gain of 0.17% or 0.042 points. The heightened volatility saw the trading volume jump to 1,329 shares. Company has a market cap of $117 M.

RGC Resources Inc. is an energy services company. It is primarily engaged in the regulated sale and distribution of natural gas to approximately 58200 residential commercial and industrial customers in Roanoke Virginia and the surrounding localities through its Roanoke Gas Company (Roanoke Gas) subsidiary. The Company also provides certain unregulated services through Roanoke Gas and utility consulting and information system services through RGC Ventures of Virginia Inc. which operates as The Utility Consultants and Application Resources. The Company has the following subsidiaries: Roanoke Gas Company (Roanoke Gas); Diversified Energy Company and RGC Ventures of Virginia Inc. operating as Application Resources and The Utility Consultants.

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