RGC Resources Inc 2017 Q2 Institutional Investor Sentiment Better Than Expected

December 8, 2017 - By Adrian Mccoy

 RGC Resources Inc  2017 Q2 Institutional Investor Sentiment  Better Than Expected

Sentiment for RGC Resources Inc (NASDAQ:RGCO)

RGC Resources Inc (NASDAQ:RGCO) institutional sentiment decreased to 5.5 in Q2 2017. Its down -3.83, from 9.33 in 2017Q1. The ratio dived, as 33 active investment managers started new and increased stock positions, while 6 sold and trimmed stakes in RGC Resources Inc. The active investment managers in our partner’s database now own: 3.12 million shares, up from 2.19 million shares in 2017Q1. Also, the number of active investment managers holding RGC Resources Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 5 Increased: 11 New Position: 22.

RGC Resources, Inc., through its subsidiaries, operates as an energy services company. The company has market cap of $192.17 million. The firm sells and distributes natural gas to residential, commercial, and industrial clients in Roanoke, Virginia, and the surrounding localities. It has a 30.9 P/E ratio. It also provides various unregulated services.

The stock increased 3.47% or $0.89 during the last trading session, reaching $26.57. About 15,764 shares traded or 28.02% up from the average. RGC Resources, Inc. (NASDAQ:RGCO) has risen 62.35% since December 8, 2016 and is uptrending. It has outperformed by 45.65% the S&P500.

Dixon Hubard Feinour & Brown Inc Va holds 0.59% of its portfolio in RGC Resources, Inc. for 72,354 shares. Fca Corp Tx owns 35,415 shares or 0.44% of their US portfolio. Moreover, Cutter & Co Brokerage Inc. has 0.37% invested in the company for 33,210 shares. The Virginia-based Trust Co Of Virginia Va has invested 0.24% in the stock. Dalton Greiner Hartman Maher & Co, a New York-based fund reported 139,868 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $121,977 activity.

More notable recent RGC Resources, Inc. (NASDAQ:RGCO) news were published by: Globenewswire.com which released: “RGC Resources, Inc. Announces Three-for-Two Stock Split” on January 17, 2017, also Globenewswire.com with their article: “RGC Resources, Inc. Reports Record Earnings” published on November 15, 2017, Globenewswire.com published: “RGC Resources, Inc. Reports Third Quarter Earnings” on July 31, 2017. More interesting news about RGC Resources, Inc. (NASDAQ:RGCO) were released by: Streetinsider.com and their article: “RGC RESOURCES, INC.” published on November 20, 2017 as well as Nasdaq.com‘s news article titled: “RGC Resources Inc. (RGCO) Ex-Dividend Date Scheduled for January 12, 2017” with publication date: January 11, 2017.

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