Magnetar Financial Lifted Expedia Del (EXPE) Holding; Scana (SCG) Shorts Down By 8.64%

May 25, 2017 - By Ellis Scott

Magnetar Financial Llc increased Expedia Inc Del (EXPE) stake by 59.86% reported in 2016Q4 SEC filing. Magnetar Financial Llc acquired 8,248 shares as Expedia Inc Del (EXPE)’s stock rose 18.57%. The Magnetar Financial Llc holds 22,026 shares with $2.50M value, up from 13,778 last quarter. Expedia Inc Del now has $22.09 billion valuation. The stock rose 1.07% or $1.54 reaching $145.23 per share. About 505,297 shares traded. Expedia Inc (NASDAQ:EXPE) has risen 30.43% since May 25, 2016 and is uptrending. It has outperformed by 13.73% the S&P500.

Scana Corporation (NYSE:SCG) had a decrease of 8.64% in short interest. SCG’s SI was 6.26M shares in May as released by FINRA. Its down 8.64% from 6.85M shares previously. With 1.02 million avg volume, 6 days are for Scana Corporation (NYSE:SCG)’s short sellers to cover SCG’s short positions. The SI to Scana Corporation’s float is 4.39%. About 207,870 shares traded. SCANA Corporation (NYSE:SCG) has declined 4.13% since May 25, 2016 and is downtrending. It has underperformed by 20.83% the S&P500.

Among 4 analysts covering SCANA (NYSE:SCG), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. SCANA had 10 analyst reports since August 15, 2015 according to SRatingsIntel. Morgan Stanley downgraded the stock to “Underweight” rating in Wednesday, June 15 report. The firm has “Buy” rating given on Friday, October 28 by Mizuho. As per Thursday, October 29, the company rating was upgraded by Macquarie Research. As per Tuesday, February 14, the company rating was downgraded by Mizuho. On Tuesday, June 14 the stock rating was maintained by Mizuho with “Buy”. The company was downgraded on Tuesday, January 24 by Macquarie Research. Zacks downgraded SCANA Corporation (NYSE:SCG) on Saturday, August 15 to “Hold” rating. Mizuho upgraded it to “Buy” rating and $71 target in Monday, February 8 report.

Investors sentiment increased to 1.08 in Q4 2016. Its up 0.02, from 1.06 in 2016Q3. It is positive, as 38 investors sold SCANA Corporation shares while 153 reduced holdings. 59 funds opened positions while 148 raised stakes. 91.26 million shares or 1.75% more from 89.69 million shares in 2016Q3 were reported. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems reported 8,193 shares stake. Natixis holds 0.01% of its portfolio in SCANA Corporation (NYSE:SCG) for 10,932 shares. Moreover, Voloridge Limited Liability Company has 0.06% invested in SCANA Corporation (NYSE:SCG) for 35,532 shares. Crow Point Ptnrs Ltd Liability reported 0.6% in SCANA Corporation (NYSE:SCG). Chevy Chase Trust Holding invested 0.05% in SCANA Corporation (NYSE:SCG). Weiss Multi invested in 0.07% or 20,129 shares. Raymond James Fincl Ser Advsrs has 62,454 shares for 0.04% of their portfolio. Polaris Greystone Financial Grp Incorporated Limited Company holds 0.04% or 4,805 shares. Timber Hill Ltd Limited Liability Company has invested 0% in SCANA Corporation (NYSE:SCG). Ent Finance Corp has invested 0.02% of its portfolio in SCANA Corporation (NYSE:SCG). Centurylink Investment invested in 21,840 shares or 0.55% of the stock. Axa has 232,310 shares. Baker Ellis Asset Mngmt Ltd Llc, Oregon-based fund reported 5,388 shares. Piedmont Llc has 0% invested in SCANA Corporation (NYSE:SCG) for 6,642 shares. Kanaly Trust Com stated it has 0% of its portfolio in SCANA Corporation (NYSE:SCG).

SCANA Corporation is a holding company. The company has market cap of $9.86 billion. The Company, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in South Carolina. It has a 16.39 P/E ratio. The Firm operates through divisions, including Electric Operations, Gas Distribution, Gas Marketing and All Other.

Magnetar Financial Llc decreased Extra Space Storage Inc (NYSE:EXR) stake by 25,644 shares to 5,589 valued at $432,000 in 2016Q4. It also reduced Visa Inc (NYSE:V) stake by 133,099 shares and now owns 20,161 shares. Lowes Cos Inc (NYSE:LOW) was reduced too.

Among 32 analysts covering Expedia Inc. (NASDAQ:EXPE), 24 have Buy rating, 1 Sell and 7 Hold. Therefore 75% are positive. Expedia Inc. had 59 analyst reports since July 24, 2015 according to SRatingsIntel. CLSA initiated Expedia Inc (NASDAQ:EXPE) on Thursday, December 8 with “Outperform” rating. The rating was maintained by Benchmark with “Buy” on Tuesday, February 9. The firm earned “Outperform” rating on Friday, July 31 by RBC Capital Markets. The stock of Expedia Inc (NASDAQ:EXPE) has “Buy” rating given on Monday, October 24 by Benchmark. The firm has “Buy” rating given on Friday, October 30 by Benchmark. The firm earned “Buy” rating on Thursday, September 17 by Cantor Fitzgerald. The company was maintained on Friday, October 28 by Stifel Nicolaus. The firm has “Neutral” rating given on Tuesday, August 4 by Janney Capital. Wells Fargo initiated Expedia Inc (NASDAQ:EXPE) on Monday, January 25 with “Outperform” rating. The rating was initiated by Miller Tabak on Wednesday, January 18 with “Buy”.

Investors sentiment increased to 1.28 in 2016 Q4. Its up 0.27, from 1.01 in 2016Q3. It is positive, as 48 investors sold EXPE shares while 150 reduced holdings. 96 funds opened positions while 157 raised stakes. 118.93 million shares or 4.10% less from 124.02 million shares in 2016Q3 were reported. Mason Street Advisors holds 16,520 shares or 0.05% of its portfolio. Three Bays Cap LP reported 176,000 shares or 0.92% of all its holdings. Gam Ag reported 12,903 shares. Falcon Edge Capital Ltd Partnership has 3.06% invested in Expedia Inc (NASDAQ:EXPE). Boothbay Fund Mngmt Lc reported 0.7% of its portfolio in Expedia Inc (NASDAQ:EXPE). 11,255 are owned by Ibm Retirement Fund. Westpac Banking holds 0% or 7,410 shares. Laurion Capital Mgmt LP stated it has 9,445 shares. First Advsr Ltd Partnership invested in 907,443 shares or 0.31% of the stock. 196,610 are held by Sumitomo Mitsui Asset. American Century has invested 0.13% of its portfolio in Expedia Inc (NASDAQ:EXPE). Amer Gru reported 0.02% of its portfolio in Expedia Inc (NASDAQ:EXPE). Psagot Inv House Ltd holds 0% or 40 shares in its portfolio. Panagora Asset Management holds 0.01% or 10,020 shares. Piedmont Investment Advsrs Lc invested 0% of its portfolio in Expedia Inc (NASDAQ:EXPE).