Magnetar Financial LLC Boosted Holding in Vectren Corp (VVC) by $171.10 Million

Vectren Corporation (NYSE:VVC) LogoInvestors sentiment increased to 0.92 in Q2 2018. Its up 0.04, from 0.88 in 2018Q1. It improved, as 31 investors sold VVC shares while 109 reduced holdings. 58 funds opened positions while 71 raised stakes. 51.18 million shares or 5.83% less from 54.35 million shares in 2018Q1 were reported. Janney Montgomery Scott Ltd invested 0.01% in Vectren Corporation (NYSE:VVC). Prelude Cap Mngmt Ltd Liability Corporation reported 33,099 shares or 0.15% of all its holdings. Whittier Com holds 0% or 292 shares in its portfolio. Water Island Capital Ltd accumulated 715,300 shares. M&T Retail Bank Corporation holds 0% or 7,621 shares. Brinker Cap stated it has 18,114 shares or 0.05% of all its holdings. Amalgamated Fincl Bank invested in 0.03% or 16,657 shares. 54,949 were reported by Laurion Cap Management L P. Moreover, Hanson Doremus Invest Management has 0.47% invested in Vectren Corporation (NYSE:VVC). Keybank Natl Association Oh reported 4,703 shares stake. Cambridge Invest Research reported 3,794 shares. Rare Limited has 950 shares. S&Co Inc invested 0.06% in Vectren Corporation (NYSE:VVC). Liberty Mutual Group Incorporated Asset Management Incorporated invested in 16,544 shares. Hightower Advsrs Limited accumulated 0% or 4,715 shares.

Magnetar Financial Llc increased its stake in Vectren Corp (VVC) by 68362.92% based on its latest 2018Q2 regulatory filing with the SEC. Magnetar Financial Llc bought 2.41 million shares as the company’s stock rose 0.72% with the market. The hedge fund held 2.41M shares of the natural gas distribution company at the end of 2018Q2, valued at $172.43 million, up from 3,525 at the end of the previous reported quarter. Magnetar Financial Llc who had been investing in Vectren Corp for a number of months, seems to be bullish on the $5.97B market cap company. The stock decreased 0.06% or $0.04 during the last trading session, reaching $71.84. About 816,372 shares traded or 28.16% up from the average. Vectren Corporation (NYSE:VVC) has risen 7.11% since December 8, 2017 and is uptrending. It has underperformed by 8.51% the S&P500.

Magnetar Financial Llc, which manages about $13.74B and $5.18 billion US Long portfolio, decreased its stake in Laboratory Corp Amer Hldgs (NYSE:LH) by 18,503 shares to 4,518 shares, valued at $811,000 in 2018Q2, according to the filing. It also reduced its holding in Western Gas Partners Lp (NYSE:WES) by 515,704 shares in the quarter, leaving it with 1.15M shares, and cut its stake in Akorn Inc (NASDAQ:AKRX).

More recent Vectren Corporation (NYSE:VVC) news were published by: Globenewswire.com which released: “CenterPoint Energy and Vectren merger receives FERC approval – GlobeNewswire” on October 05, 2018. Also Globenewswire.com published the news titled: “Vectren Shareholders Approve Merger with CenterPoint Energy – GlobeNewswire” on August 28, 2018. Seekingalpha.com‘s news article titled: “Dissecting CenterPoint’s Acquisition Of Vectren Corp. – Seeking Alpha” with publication date: April 24, 2018 was also an interesting one.

Vectren Corporation (NYSE:VVC) Institutional Positions Chart

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