RGC Resources, Inc. (RGCO) EPS Estimated At $0.54; Blackrock Floating Rate Income Trust Has 1.23 Sentiment

April 17, 2018 - By Neil V. Hobbs

RGC Resources, Inc. (NASDAQ:RGCO) Logo

Blackrock Floating Rate Income Trust (BGT) investors sentiment decreased to 1.23 in 2017 Q4. It’s down -0.17, from 1.4 in 2017Q3. The ratio worsened, as 16 active investment managers increased or started new holdings, while 13 decreased and sold equity positions in Blackrock Floating Rate Income Trust. The active investment managers in our database now own: 4.82 million shares, up from 4.72 million shares in 2017Q3. Also, the number of active investment managers holding Blackrock Floating Rate Income Trust in top ten holdings was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 8 Increased: 11 New Position: 5.

Analysts expect RGC Resources, Inc. (NASDAQ:RGCO) to report $0.54 EPS on May, 7.They anticipate $0.09 EPS change or 20.00% from last quarter’s $0.45 EPS. RGCO’s profit would be $4.31M giving it 11.04 P/E if the $0.54 EPS is correct. After having $0.25 EPS previously, RGC Resources, Inc.’s analysts see 116.00% EPS growth. The stock decreased 2.89% or $0.7104 during the last trading session, reaching $23.8396. About 1,243 shares traded. RGC Resources, Inc. (NASDAQ:RGCO) has risen 17.29% since April 17, 2017 and is uptrending. It has outperformed by 5.74% the S&P500.

Provise Management Group Llc holds 0.2% of its portfolio in BlackRock Floating Rate Income Trust for 99,030 shares. Rockland Trust Co owns 66,870 shares or 0.12% of their US portfolio. Moreover, Comerica Securities Inc has 0.11% invested in the company for 63,578 shares. The Colorado-based Advisors Asset Management Inc. has invested 0.08% in the stock. Alpha Cubed Investments Llc, a California-based fund reported 23,690 shares.

The stock increased 0.15% or $0.02 during the last trading session, reaching $13.73. About 14,565 shares traded. BlackRock Floating Rate Income Trust (BGT) has declined 2.45% since April 17, 2017 and is downtrending. It has underperformed by 14.00% the S&P500.

Investors sentiment decreased to 1.25 in 2017 Q4. Its down 0.44, from 1.69 in 2017Q3. It worsened, as 3 investors sold RGC Resources, Inc. shares while 13 reduced holdings. 4 funds opened positions while 16 raised stakes. 1.59 million shares or 0.27% less from 1.59 million shares in 2017Q3 were reported. Bb&T Secs Limited Liability owns 43,754 shares or 0.02% of their US portfolio. Northern Corporation stated it has 78,311 shares. Bridgeway Capital Mngmt holds 0% or 12,100 shares. North Star Inv Corporation has 58,387 shares. Bank Of America De holds 0% or 4,879 shares in its portfolio. Dixon Hubard Feinour & Brown Va invested in 72,263 shares. Geode Capital accumulated 0% or 75,533 shares. 406 were accumulated by Salem Invest Counselors. Moreover, Vanguard Grp has 0% invested in RGC Resources, Inc. (NASDAQ:RGCO) for 51,499 shares. California State Teachers Retirement, a California-based fund reported 10,600 shares. Moreover, Panagora Asset Management Inc has 0% invested in RGC Resources, Inc. (NASDAQ:RGCO). Wells Fargo & Mn stated it has 0% of its portfolio in RGC Resources, Inc. (NASDAQ:RGCO). Captrust Advisors accumulated 1,800 shares. State Street has 0% invested in RGC Resources, Inc. (NASDAQ:RGCO). Deutsche Bancshares Ag invested in 0% or 15,259 shares.

Since January 2, 2018, it had 13 buys, and 0 selling transactions for $16,415 activity. D ORAZIO JOHN S bought $1,005 worth of stock. 95 shares valued at $2,329 were bought by SMOOT RAYMOND D JR on Monday, April 2. $1,507 worth of RGC Resources, Inc. (NASDAQ:RGCO) shares were bought by AGEE NANCY H. $311 worth of RGC Resources, Inc. (NASDAQ:RGCO) shares were bought by Nester Paul W.

RGC Resources, Inc., through its subsidiaries, operates as an energy services company. The company has market cap of $190.13 million. The firm sells and distributes natural gas to residential, commercial, and industrial clients in Roanoke, Virginia, and the surrounding localities. It has a 28.69 P/E ratio. It also provides various unregulated services.

RGC Resources, Inc. (NASDAQ:RGCO) Institutional Positions Chart

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