19,553 Shares in Vectren Corp (VVC) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new position in shares of Vectren Corp (NYSE:VVC) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 19,553 shares of the utilities provider’s stock, valued at approximately $1,407,000.

Other large investors have also added to or reduced their stakes in the company. Bremer Trust National Association acquired a new position in shares of Vectren during the 4th quarter worth about $36,000. Sound Income Strategies LLC lifted its holdings in shares of Vectren by 50,000.0% in the 4th quarter. Sound Income Strategies LLC now owns 501 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 500 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of Vectren by 34.2% in the 4th quarter. Proficio Capital Partners LLC now owns 738 shares of the utilities provider’s stock valued at $53,000 after purchasing an additional 188 shares during the last quarter. Rational Advisors LLC purchased a new stake in shares of Vectren in the 4th quarter valued at about $132,000. Finally, Virtus ETF Advisers LLC purchased a new stake in shares of Vectren in the 3rd quarter valued at about $140,000. 52.83% of the stock is owned by institutional investors and hedge funds.

Shares of Vectren stock remained flat at $$72.38 on Friday. Vectren Corp has a 52-week low of $58.00 and a 52-week high of $72.40. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.69 and a quick ratio of 0.55. The stock has a market capitalization of $7.32 billion, a PE ratio of 27.84, a price-to-earnings-growth ratio of 3.95 and a beta of 0.33.

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 14th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.65%. The ex-dividend date was Wednesday, February 13th. Vectren’s payout ratio is currently 73.85%.

Separately, Zacks Investment Research raised Vectren from a “sell” rating to a “hold” rating in a report on Saturday, November 17th.

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Vectren Profile

Vectren Corporation provides energy delivery services to residential, commercial, and industrial and other contract customers. The company offers natural gas distribution and transportation services, and electric transmission and distribution services; and owns and operates coal-fired, natural gas or oil-fired, and landfill gas electric generating facilities with an installed generating capacity of 1,248 megawatts.

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Institutional Ownership by Quarter for Vectren (NYSE:VVC)

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