Aurora Investment Counsel bought a new position in shares of Vectren Corp (NYSE:VVC) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 17,467 shares of the utilities provider’s stock, valued at approximately $1,136,000.

Other institutional investors also recently bought and sold shares of the company. Schroder Investment Management Group grew its position in shares of Vectren by 5.2% during the 2nd quarter. Schroder Investment Management Group now owns 1,018,360 shares of the utilities provider’s stock worth $59,757,000 after buying an additional 50,768 shares during the period. Balyasny Asset Management LLC grew its position in shares of Vectren by 132.3% during the 2nd quarter. Balyasny Asset Management LLC now owns 12,774 shares of the utilities provider’s stock worth $747,000 after buying an additional 7,274 shares during the period. Eaton Vance Management grew its position in shares of Vectren by 42.3% during the 2nd quarter. Eaton Vance Management now owns 11,271 shares of the utilities provider’s stock worth $659,000 after buying an additional 3,351 shares during the period. Great West Life Assurance Co. Can grew its position in shares of Vectren by 3.4% during the 3rd quarter. Great West Life Assurance Co. Can now owns 50,954 shares of the utilities provider’s stock worth $3,360,000 after buying an additional 1,672 shares during the period. Finally, Riverhead Capital Management LLC grew its position in shares of Vectren by 112.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 12,825 shares of the utilities provider’s stock worth $749,000 after buying an additional 6,795 shares during the period. Institutional investors own 63.97% of the company’s stock.

Vectren Corp (VVC) opened at $62.50 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.70 and a quick ratio of 0.55. Vectren Corp has a 12-month low of $51.75 and a 12-month high of $69.86. The stock has a market capitalization of $5,190.00, a P/E ratio of 23.06, a P/E/G ratio of 3.76 and a beta of 0.83.

Vectren (NYSE:VVC) last issued its quarterly earnings data on Thursday, November 2nd. The utilities provider reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.08. Vectren had a return on equity of 12.51% and a net margin of 8.49%. The business had revenue of $691.20 million during the quarter, compared to analyst estimates of $615.00 million. During the same period in the previous year, the firm earned $0.74 EPS. Vectren’s quarterly revenue was up 9.5% compared to the same quarter last year. research analysts anticipate that Vectren Corp will post 2.62 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on VVC shares. Zacks Investment Research upgraded Vectren from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. Citigroup boosted their price objective on Vectren from $66.00 to $75.00 and gave the company a “buy” rating in a research report on Monday, November 20th. ValuEngine lowered Vectren from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Guggenheim lowered Vectren from a “buy” rating to a “neutral” rating in a research report on Tuesday. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $70.00.

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Vectren Profile

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).

Institutional Ownership by Quarter for Vectren (NYSE:VVC)

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