South Jersey Industries, Inc. (SJI) held by 52 SEC 13F Filers

South Jersey Industries, Inc. (NYSE:SJI) recovered 14.12% of its value since hitting low of $28.04. The recent move of -9.32% drop pushed the stock to close at $32 when trading ended on 10/16/2017. At recent session, the prices were hovering between $31.76 and $35.47. This company shares are 17.19% off its target price of $37.5 and the current market capitalization stands at $2.57B. The recent change has given its price a -9.24% deficit over SMA 50 and -16.67% deficit over its 52-week high. The stock witnessed -11.94% declines, -4.68% declines and -15.37% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SJI’s volatility during a week at 3.23% and during a month it has been found around 1.81%.

South Jersey Industries, Inc. (SJI) Top Holders

Institutional investors currently hold around $1.97 billion or 70.6% in SJI stock. Look at its top three institutional owners. Blackrock Inc. owns $339.03 million in South Jersey Industries, Inc., which represents roughly 13.19% of the company’s market cap and approximately 17.19% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 7,624,429 shares of the stock are valued at $269.07 million. The third largest holder is Fmr Llc, which currently holds $98.41 million worth of this stock and that ownership represents nearly 3.83% of its market capitalization.

South Jersey Industries, Inc. 13F Filings

At the end of June reporting period, 97 institutional holders increased their position in South Jersey Industries, Inc. (NYSE:SJI) by some 2,210,505 shares, 79 decreased positions by 2,200,142 and 52 held positions by 51,473,635. That puts total institutional holdings at 55,884,282 shares, according to SEC filings. The stock grabbed 22 new institutional investments totaling 374,155 shares while 17 institutional investors sold out their entire positions totaling 351,027 shares.

South Jersey Industries, Inc. (NYSE:SJI) Insider Trades

Multiple company employees have indulged in significant insider trading. South Jersey Industries, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Corporate Secretary Merritt-Epps Gina Marie has sold 2,000 shares of South Jersey Industries, Inc. (SJI) in trading session dated Apr. 03, 2017. These shares are worth $71,100 and were traded at $35.55 each. The SEC filing shows that Higgins Walter M performed a purchase of 100 shares. The Chairman added these shares by way of transaction on May. 23, 2016. The company’s shares were assimilated at $28.09 per share worth to an investment of some $2,809 on account of Higgins Walter M.

Corporate Secretary, Merritt-Epps Gina Marie, sold 2,000 common shares of South Jersey Industries, Inc. (SJI) in the open market. In a transaction dated Apr. 01, 2016, the shares were put up for sale at an average price of $28.35, raking in a sum of $56,700. After this sale, 7,688 common shares of SJI are directly owned by the insider, with total stake valued at $246,016.

In the transaction dated Mar. 28, 2016, the great number of shares disposed came courtesy the SVP, CFO; Clark Stephen H disposed a total of 2,000 shares at an average price of $27.8, amounting to approximately $55,600. The insider now directly owns 25,513 shares worth $816,416.

South Jersey Industries, Inc. (SJI) Analyst Guide

Several analysts have released their opinion on South Jersey Industries, Inc. (NYSE:SJI), with 2 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.43 average brokerage recommendation.

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