Legg Mason Investment Counsel’s $151M Invested in the Utilities Sector

Wall St. Watchdog reveals information regarding Legg Mason Investment Counsel’s top holdings in the Utilities sector for the quarter ending September 30th, 2011. The firm held 42 stocks in the Utilities sector at the end of the quarter with an aggregate market value of $151.504 million.

  • American Water Works Company Inc. (NYSE:AWK): On 06/30/2011, Legg Mason Investment Counsel reported holding 1,220,057 shares with a market value of $35,930,680. This comprised 0.88% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 1,295,713 shares with a market value of $39,104,619. This comprised 1.12% of the total portfolio. The net change in shares for this position over the two quarters is 75,656. About Company: American Water Works Co., Inc. provides drinking water, wastewater and other water-related services in multiple states and Ontario, Canada. The Company’s primary business involves the ownership of regulated water and wastewater utilities that provide water and wastewater services to residential, commercial and industrial customers.
  • Northeast Utilities (NYSE:NU): On 06/30/2011, Legg Mason Investment Counsel reported holding 988,167 shares with a market value of $34,753,832. This comprised 0.85% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 987,559 shares with a market value of $33,231,362. This comprised 0.95% of the total portfolio. The net change in shares for this position over the two quarters is -608. About Company: Northeast Utilities is a public utility holding company. The Company, through its subsidiaries, provides retail electric service to customers in Connecticut, New Hampshire, and western Massachusetts. Northeast also distributes natural gas throughout Connecticut.
  • Exelon Corp. (NYSE:EXC): On 06/30/2011, Legg Mason Investment Counsel reported holding 562,296 shares with a market value of $24,088,761. This comprised 0.59% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 576,749 shares with a market value of $24,575,275. This comprised 0.71% of the total portfolio. The net change in shares for this position over the two quarters is 14,453. About Company: Exelon Corporation is a utility services holding company. The Company, through its subsidiaries distributes electricity to customers in Illinois and Pennsylvania. Exelon also distributes gas to customers in the Philadelphia area as well as operates nuclear power plants in states that include Pennsylvania and New Jersey.
  • Nextera Energy Inc. (NYSE:NEE): On 06/30/2011, Legg Mason Investment Counsel reported holding 368,061 shares with a market value of $21,148,785. This comprised 0.52% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 354,908 shares with a market value of $19,172,130. This comprised 0.55% of the total portfolio. The net change in shares for this position over the two quarters is -13,153. About Company: NextEra Energy, Inc. is a clean energy company. The Company, through its subsidiaries, generates, transmits, distributes, and sells electric energy utilizing natural gas, wind and nuclear resources.
  • Aqua America Inc. (NYSE:WTR): On 06/30/2011, Legg Mason Investment Counsel reported holding 233,648 shares with a market value of $5,135,583. This comprised 0.13% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 220,423 shares with a market value of $4,754,524. This comprised 0.14% of the total portfolio. The net change in shares for this position over the two quarters is -13,225. About Company: Aqua America Inc. is a water utility company. The Company supplies water to residential, commercial, industrial, and public customers. Aqua America serves residents through its water and wastewater operations in the Northeastern Southeastern, and Midwestern United States.
  • Southern Company (NYSE:SO): On 06/30/2011, Legg Mason Investment Counsel reported holding 123,752 shares with a market value of $4,997,106. This comprised 0.12% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 107,434 shares with a market value of $4,551,978. This comprised 0.13% of the total portfolio. The net change in shares for this position over the two quarters is -16,318. About Company: Southern Company is a public utility holding company. The Company, through its subsidiaries, generates, wholesales, and retails electricity in the southeastern United States. The Company also offers wireless telecommunications services, and provides businesses with two-way radio, telephone, paging, and Internet access services as well as wholesales fiber optic solutions.
  • D P L Inc (NYSE:DPL): On 06/30/2011, Legg Mason Investment Counsel reported holding 133,420 shares with a market value of $4,023,947. This comprised 0.1% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 129,290 shares with a market value of $3,896,801. This comprised 0.11% of the total portfolio. The net change in shares for this position over the two quarters is -4,130. About Company: DPL Inc. is a holding company whose principal subsidiary is The Dayton Power and Light Company. Dayton Power & Light sells electricity to residential, commercial, and government customers in west central Ohio.
  • Entergy Corporation (NYSE:ETR): On 06/30/2011, Legg Mason Investment Counsel reported holding 71,931 shares with a market value of $4,911,449. This comprised 0.12% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 58,016 shares with a market value of $3,845,881. This comprised 0.11% of the total portfolio. The net change in shares for this position over the two quarters is -13,915. About Company: Entergy Corporation is an integrated energy company that is primarily focused on electric power production and retail electric distribution operations. The Company delivers electricity to utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy also owns and operates nuclear plants in the northern United States
  • Duke Energy Corporation (NYSE:DUK): On 06/30/2011, Legg Mason Investment Counsel reported holding 158,217 shares with a market value of $2,979,226. This comprised 0.07% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 162,391 shares with a market value of $3,246,196. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is 4,174. About Company: Duke Energy Corporation is an energy company located primarily in the Americas that owns an integrated network of energy assets. The Company manages a portfolio of natural gas and electric supply, delivery, and trading businesses in the United States and Latin America.
  • Public Service Enterprise Group Inc. (NYSE:PEG): On 06/30/2011, Legg Mason Investment Counsel reported holding 98,732 shares with a market value of $3,222,612. This comprised 0.08% of the total portfolio. On 09/30/2011, Legg Mason Investment Counsel reported holding 96,532 shares with a market value of $3,221,273. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is -2,200. About Company: Public Service Enterprise Group Incorporated is a public utility holding company. The Company, through its subsidiaries, generates, transmits, and distributes electricity and produces natural gas in in the Northeastern and Mid Atlantic United States.

(Note: Data regarding Legg Mason Investment Counsel’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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