2 weeks Ago By ABMN Staff
Rhumbline Advisers boosted its position in RGC Resources, Inc. ( NASDAQ:RGCO – Free Report ) by 5.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 9,338 shares of the energy company’s stock after acquiring an additional 497 shares during the quarter. Rhumbline Advisers’ holdings in RGC Resources were worth $191,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds also recently bought and sold shares of the company.
Price T Rowe Associates Inc. MD boosted its stake in shares of RGC Resources by 5.3% during the first quarter.
Price T Rowe Associates Inc. MD now owns 10,680 shares of the energy company’s stock valued at $217,000 after purchasing an additional 539 shares during the period. Teton Advisors Inc.
increased its stake in RGC Resources by 1.2% during the 1st quarter. Teton Advisors Inc.
now owns 87,010 shares of the energy company’s stock valued at $1,761,000 after purchasing an additional 1,000 shares in the last quarter. BNP Paribas Financial Markets lifted its position in RGC Resources by 62.0% in the 1st quarter.
BNP Paribas Financial Markets now owns 4,011 shares of the energy company’s stock valued at $81,000 after acquiring an additional 1,535 shares in the last quarter. Gabelli Funds LLC raised its position in RGC Resources by 2.3% in the 4th quarter.
Gabelli Funds LLC now owns 168,500 shares of the energy company’s stock worth $3,427,000 after buying an additional 3,800 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in RGC Resources by 1.
0% in the first quarter. Vanguard Group Inc. now owns 437,803 shares of the energy company’s stock worth $8,861,000 after purchasing an additional 4,202 shares during the last quarter.
Institutional investors own 35.77% of the company’s stock. RGC Resources Stock Up 6.
2 % RGCO opened at $22.67 on Monday. The firm’s fifty day moving average is $20.
89 and its 200 day moving average is $20.56. RGC Resources, Inc.
has a fifty-two week low of $15.36 and a fifty-two week high of $23.70.
The stock has a market cap of $231.69 million, a price-to-earnings ratio of 17.44 and a beta of 0.
15. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.
69 and a current ratio of 1.07. Analysts Set New Price Targets Separately, StockNews.
com raised shares of RGC Resources from a “sell” rating to a “hold” rating in a report on Friday. Get Our Latest Analysis on RGCO RGC Resources Profile ( Free Report ) RGC Resources, Inc, through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities.
The company also provides various unregulated services. It operates approximately 1,179 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates six metering stations. Further Reading Want to see what other hedge funds are holding RGCO? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for RGC Resources, Inc. ( NASDAQ:RGCO – Free Report ). Receive News & Ratings for RGC Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RGC Resources and related companies with MarketBeat.
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