Caxton Associates LP bought a new position in shares of SCANA Co. (NYSE:SCG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 171,453 shares of the utilities provider’s stock, valued at approximately $8,192,000. SCANA comprises 1.3% of Caxton Associates LP’s portfolio, making the stock its 7th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in SCG. Russell Investments Group Ltd. raised its stake in SCANA by 274.7% in the third quarter. Russell Investments Group Ltd. now owns 105,540 shares of the utilities provider’s stock valued at $4,069,000 after buying an additional 77,370 shares during the last quarter. Private Advisor Group LLC raised its stake in SCANA by 123.2% in the third quarter. Private Advisor Group LLC now owns 18,102 shares of the utilities provider’s stock valued at $704,000 after buying an additional 9,990 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in SCANA by 41.5% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 8,829 shares of the utilities provider’s stock valued at $343,000 after buying an additional 2,589 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its stake in SCANA by 3.1% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 421,327 shares of the utilities provider’s stock valued at $16,385,000 after buying an additional 12,612 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in SCANA by 0.9% in the third quarter. Rhumbline Advisers now owns 246,308 shares of the utilities provider’s stock valued at $9,579,000 after buying an additional 2,119 shares during the last quarter. 68.47% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have commented on SCG. Wells Fargo & Co increased their price target on SCANA from $39.00 to $54.00 and gave the company a “market perform” rating in a research note on Monday, December 17th. ValuEngine upgraded SCANA from a “sell” rating to a “hold” rating in a research note on Tuesday, November 20th. Guggenheim cut SCANA from a “buy” rating to a “neutral” rating and increased their price target for the company from $49.00 to $51.00 in a research note on Monday, December 17th. Zacks Investment Research upgraded SCANA from a “sell” rating to a “hold” rating in a research note on Monday, December 31st. Finally, Williams Capital upgraded SCANA from a “sell” rating to a “hold” rating and raised their price objective for the stock from $30.00 to $49.00 in a research note on Monday, November 26th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. SCANA presently has an average rating of “Hold” and an average target price of $46.25.

Shares of NYSE:SCG opened at $47.78 on Friday. SCANA Co. has a 52-week low of $33.61 and a 52-week high of $51.27. The stock has a market capitalization of $6.81 billion, a PE ratio of 11.38, a PEG ratio of 7.39 and a beta of 0.03. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.22 and a quick ratio of 0.97.

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SCANA Profile

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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