Spire Inc. (NYSE:SR) Stock Holdings Trimmed by Dean Capital Management

Dean Capital Management trimmed its position in Spire Inc. (NYSE:SR - Free Report) by 40.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,848 shares of the utilities provider's stock after selling 17,214 shares during the period. Dean Capital Management's holdings in Spire were worth $1,685,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in Spire during the fourth quarter worth $27,000. GAMMA Investing LLC increased its position in shares of Spire by 87.2% in the fourth quarter. GAMMA Investing LLC now owns 438 shares of the utilities provider's stock valued at $30,000 after buying an additional 204 shares in the last quarter. Lee Danner & Bass Inc. acquired a new position in shares of Spire during the 4th quarter worth $32,000. R Squared Ltd purchased a new stake in shares of Spire in the 4th quarter worth about $37,000. Finally, Capital Advisors Ltd. LLC increased its holdings in Spire by 431.4% during the 4th quarter. Capital Advisors Ltd. LLC now owns 627 shares of the utilities provider's stock valued at $43,000 after acquiring an additional 509 shares in the last quarter. 87.36% of the stock is owned by institutional investors and hedge funds.

Spire Stock Down 0.5 %

SR stock traded down $0.41 during trading on Friday, reaching $74.61. The stock had a trading volume of 336,715 shares, compared to its average volume of 389,405. The company has a current ratio of 0.50, a quick ratio of 0.37 and a debt-to-equity ratio of 1.21. The firm has a fifty day moving average price of $76.45 and a 200 day moving average price of $71.86. The company has a market capitalization of $4.40 billion, a P/E ratio of 18.07, a PEG ratio of 2.82 and a beta of 0.65. Spire Inc. has a 1-year low of $57.77 and a 1-year high of $79.81.

Spire (NYSE:SR - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $3.60 EPS for the quarter, missing the consensus estimate of $3.70 by ($0.10). Spire had a return on equity of 7.88% and a net margin of 9.70%. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the firm posted $3.45 EPS. The company's revenue was down 6.8% compared to the same quarter last year. On average, equities analysts anticipate that Spire Inc. will post 4.5 earnings per share for the current year.

Spire Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, April 11th will be given a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date is Wednesday, June 11th. Spire's payout ratio is currently 77.34%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Wells Fargo & Company increased their price target on shares of Spire from $75.00 to $82.00 and gave the company an "equal weight" rating in a research report on Thursday, May 1st. StockNews.com raised Spire from a "sell" rating to a "hold" rating in a research report on Friday. LADENBURG THALM/SH SH upgraded Spire to a "strong-buy" rating in a research report on Monday, March 17th. Guggenheim increased their price objective on Spire from $67.00 to $72.00 and gave the company a "neutral" rating in a research note on Tuesday, April 1st. Finally, JPMorgan Chase & Co. raised shares of Spire from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $72.00 to $85.00 in a research note on Thursday, March 20th. Seven research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $77.40.

Spire Company Profile

Spire Inc, together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through three segments: Gas Utility, Gas Marketing, and Midstream. It is also involved in the marketing of natural gas and related services; and transportation and storage of natural gas.