Patriot Financial Group Insurance Agency LLC lifted its position in shares of SCANA Co. (NYSE:SCG) by 258.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,074 shares of the utilities provider’s stock after purchasing an additional 774 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in SCANA were worth $51,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Rockland Trust Co. purchased a new stake in SCANA in the fourth quarter valued at $33,000. Ipswich Investment Management Co. Inc. acquired a new position in SCANA in the fourth quarter valued at $34,000. CX Institutional acquired a new position in SCANA in the fourth quarter valued at $91,000. Polaris Greystone Financial Group LLC acquired a new position in SCANA in the third quarter valued at $109,000. Finally, Asset Advisors Investment Management LLC acquired a new position in SCANA in the third quarter valued at $117,000. 68.47% of the stock is owned by institutional investors and hedge funds.

Shares of SCG opened at $47.78 on Monday. The company has a current ratio of 1.22, a quick ratio of 0.97 and a debt-to-equity ratio of 2.24. SCANA Co. has a twelve month low of $33.61 and a twelve month high of $51.27. The stock has a market cap of $6.81 billion, a price-to-earnings ratio of 11.38, a P/E/G ratio of 7.39 and a beta of 0.03.

A number of research analysts have commented on the stock. ValuEngine upgraded shares of SCANA from a “hold” rating to a “buy” rating in a research note on Friday, December 21st. Zacks Investment Research upgraded shares of SCANA from a “sell” rating to a “hold” rating in a research note on Monday, December 31st. Williams Capital upgraded shares of SCANA from a “sell” rating to a “hold” rating and boosted their price target for the stock from $30.00 to $49.00 in a research note on Monday, November 26th. Guggenheim upgraded shares of SCANA from a “neutral” rating to a “buy” rating in a research note on Monday, November 26th. Finally, Mizuho reiterated a “buy” rating and set a $48.50 price target on shares of SCANA in a research note on Tuesday, November 27th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. SCANA currently has an average rating of “Hold” and a consensus target price of $46.25.

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About SCANA

SCANA Corporation, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in the United States. The company owns nuclear, coal, hydro, natural gas, oil, biomass, and solar generating facilities. It also purchases, sells, and transports natural gas; and offers energy-related services.

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Institutional Ownership by Quarter for SCANA (NYSE:SCG)

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