Royal Bank of Canada lessened its stake in Delta Natural Gas Company, Inc. (NASDAQ:DGAS) by 1.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,134 shares of the utilities provider’s stock after selling 214 shares during the period. Royal Bank of Canada owned 0.24% of Delta Natural Gas worth $523,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its position in Delta Natural Gas by 51.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 24,380 shares of the utilities provider’s stock valued at $743,000 after acquiring an additional 8,302 shares during the period. Northern Trust Corp increased its position in Delta Natural Gas by 3.4% in the 2nd quarter. Northern Trust Corp now owns 82,197 shares of the utilities provider’s stock valued at $2,505,000 after acquiring an additional 2,726 shares during the period. TIAA CREF Investment Management LLC increased its position in Delta Natural Gas by 1.0% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 20,224 shares of the utilities provider’s stock valued at $616,000 after acquiring an additional 198 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Delta Natural Gas by 205.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,280 shares of the utilities provider’s stock valued at $130,000 after acquiring an additional 2,880 shares during the period. Finally, Wells Fargo & Company MN increased its position in Delta Natural Gas by 1.1% in the 2nd quarter. Wells Fargo & Company MN now owns 154,518 shares of the utilities provider’s stock valued at $4,709,000 after acquiring an additional 1,701 shares during the period. Hedge funds and other institutional investors own 36.84% of the company’s stock.

Delta Natural Gas Company, Inc. (NASDAQ:DGAS) opened at $30.69 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.33 and a quick ratio of 1.87. Delta Natural Gas Company, Inc. has a 52-week low of $22.06 and a 52-week high of $31.29.

Separately, ValuEngine upgraded Delta Natural Gas from a “hold” rating to a “buy” rating in a research report on Friday, September 8th.

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About Delta Natural Gas

Delta Natural Gas Company, Inc distributes or transports natural gas to approximately 36,000 customers. The Company’s segments include regulated segment and non-regulated segment. Through regulated segment, the Company distributes natural gas to its retail customers in approximately 23 rural counties.

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Institutional Ownership by Quarter for Delta Natural Gas (NASDAQ:DGAS)

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