South Jersey Industries Inc (SJI) : A. D. Beadell Investment Counsel scooped up 14,800 additional shares in South Jersey Industries Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 81,610 shares of South Jersey Industries Inc which is valued at $2,245,091.South Jersey Industries Inc makes up approximately 2.04% of A. D. Beadell Investment Counsel’s portfolio.
South Jersey Industries Inc opened for trading at $27.35 and hit $27.65 on the upside on Friday, eventually ending the session at $27.51, with a gain of 0.62% or 0.17 points. The heightened volatility saw the trading volume jump to 2,41,720 shares. Company has a market cap of $1,957 M.
Other Hedge Funds, Including , Integrated Investment Consultants added SJI to its portfolio by purchasing 4,318 company shares during the most recent quarter which is valued at $120,343. South Jersey Industries Inc makes up approx 0.07% of Integrated Investment Consultants’s portfolio.Ct Mason reduced its stake in SJI by selling 2,156 shares or 3.89% in the most recent quarter. The Hedge Fund company now holds 53,205 shares of SJI which is valued at $1,457,817. South Jersey Industries Inc makes up approx 0.66% of Ct Mason’s portfolio.
On the company’s financial health, South Jersey Industries Inc reported $0.62 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Feb 29, 2016. Analyst had a consensus of $0.67.Analysts expectations of $ 288.00.During the same quarter in the previous year, the company posted $0.93 EPS.
Many Wall Street Analysts have commented on South Jersey Industries Inc. Sidoti Initiated South Jersey Industries Inc on Mar 30, 2016 to “Buy”, Price Target of the shares are set at $35.
South Jersey Industries Inc. (SJI) is an energy services holding company. The Company provides energy-related products and services through its subsidiaries. Its subsidiaries include South Jersey Gas Company (SJG) South Jersey Energy Company (SJE) South Jersey Resources Group LLC (SJRG) South Jersey Exploration LLC Marina Energy LLC (Marina) South Jersey Energy Service Plus LLC and SJI Midstream LLC. It operates in several operating segments: Gas utility operations consist of natural gas distribution; Wholesale energy operations include the activities of SJRG and SJEX; SJE is involved in retail gas and retail electric activities; Retail gas and other operations include natural gas acquisition and transportation services; Retail electric operations consist of electricity acquisition and transportation; On-site energy production consists of Marina’s thermal energy facility and Appliance service operations include SJESPs servicing of appliances.