Public Service Enterprise Group Inc (NYSE:PEG) Stock Price While Sentiment Falls to 0.81

June 27, 2018 - By Leslie Harms

Public Service Enterprise Group Incorporated (NYSE:PEG) Corporate Logo

“Big money” Positions

“Big money sentiment for Public Service Enterprise Group Inc (NYSE:PEG) in Q1 2018 decreased to 0.81, revealed SEC filings. So its down -0.22, from 2017Q4’s 1.03. 240 hedge funds opened new and increased holdings, while 296 cut down and sold stock positions in Public Service Enterprise Group Inc so the sentiment fall. Funds own 333.32 million shares, up from 332.49 million shares in 2017Q4. Funds holding Public Service Enterprise Group Inc in top 10 changed to 2 from 1 for an increase of 1. 54 Investors Sold All; 242 Reduced Holdings; 172 increased stakes while 68 hedge funds bought stakes.

Significant Public Service Enterprise Group Inc Shareholders

Alethea Capital Management Llc owns 48,517 shares in Public Service Enterprise Group Inc as of Q1 2018. Public Service Enterprise Group Inc’s shareholder Energy Income Partners Llc owns 2.67 million shares as of Q1 2018. Crow Point Partners Llc reported 250,000 shares. The Florida-based fund First National Bank Of Mount Dora Trust Investment Services have invested about 2% of the investment manager’s stock portfolio in Public Service Enterprise Group Inc. The Netherlands-based fund Kempen Capital Management N.V. looks positive on Public Service Enterprise Group Inc, owning 464,176 shares.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy firm primarily in the Northeastern and Mid- Atlantic United States.The firm is worth $27.39 billion. It operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of approximately 11,681 megawatts.The P/E ratio is 17.49. The firm sells electricity, natural gas, and other energy-related products.

PEG reached $54.22 during the last trading session after $0.5 change.Public Service Enterprise Group Incorporated has volume of 1.12 million shares. Since June 27, 2017 PEG has risen 17.65% and is uptrending. The stock outperformed the S&P500 by 5.08%.

Investors expect Public Service Enterprise Group Incorporated (NYSE:PEG)’s quarterly earnings on July, 27., according to RTT. Analysts have anticipation on stock’s earnings per share of $0.64. That’s up 3.23 % from last year’s $0.62 earnings per share. If reported the P/E will be 21.18 with $323.34 million profit. Analysts at Wall Street see Public Service Enterprise Group Incorporated’s -34.02 % negative EPS growth compared to $0.97 earnings per share for previous quarter.

Moody National Bank & Trust Tru Division has invested 0.02% of its capital in Public Service Enterprise Group Incorporated (NYSE:PEG). Sei Investments has 0.03% invested in Public Service Enterprise Group Incorporated (NYSE:PEG). Acadian Asset Llc accumulated 2,152 shs. National Bank Of America De holds 0.04% or 5.14M shs. 2,375 are owned by Atlantic Trust Group Ltd Co. Gw Henssler & Assoc Ltd has 262,938 shs for 1.33% of their capital. Montecito Fincl Bank And Tru holds 0.14% of its capital in Public Service Enterprise Group Incorporated (NYSE:PEG) for 8,543 shs. Choate Investment Advsr stated it has 0% of its capital in Public Service Enterprise Group Incorporated (NYSE:PEG). The New York-based Barrett Asset Management Limited has invested 0.01% in Public Service Enterprise Group Incorporated (NYSE:PEG). Co Of Vermont holds 0.02% or 4,635 shs in its capital. Cibc Ww Mkts Corp invested in 65,434 shs or 0.03% of the stock. Raymond James Tru Na has 0.29% invested in Public Service Enterprise Group Incorporated (NYSE:PEG). Essex Fincl Service owns 4,564 shs. 4,874 were accumulated by Crawford Invest Counsel. Farmers And Merchants Investments has invested 0.01% of its capital in Public Service Enterprise Group Incorporated (NYSE:PEG).

Public Service Enterprise Group Incorporated registered $7.18 million net activity with 0 insider purchases and 7 sales since January 2, 2018. On Monday, April 16 Linde Tamara Louise sold $825,981 worth of Public Service Enterprise Group Incorporated (NYSE:PEG).

Public Service Enterprise Group Incorporated (NYSE:PEG) Ratings Coverage

A total of 10 analysts rate Public Service Enterprise (NYSE:PEG) as follows: 6 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 60% are bullish. The firm has $59 highest and $47.0 lowest target. The avg target $53.88 is -0.63% below the last ($54.22) price. (NYSE:PEG) has 17 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Thursday, February 1 the stock has “Hold” rating by RBC Capital Markets. On Monday, March 5 the stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Overweight” rating given by JP Morgan. On Monday, February 26 the stock of Public Service Enterprise Group Incorporated (NYSE:PEG) earned “Outperform” rating by Wells Fargo. In Tuesday, January 2 report Guggenheim maintained it with “Buy” rating and $58.0 target. On Tuesday, May 29 the rating was maintained by JP Morgan with “Overweight”. On Friday, May 4 the firm earned “Neutral” rating by Citigroup. On Friday, May 25 the stock has “Overweight” rating by Morgan Stanley. In Friday, March 2 report Mizuho maintained the stock with “Hold” rating. On Monday, February 5 the stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Neutral” rating given by Mizuho. On Monday, April 16 the rating was upgraded by Bank of America to “Buy”.

Another two news for Public Service Enterprise Group Incorporated (NYSE:PEG) were briefly released by: Seekingalpha.com on May 31, 2018 with title “Public Service (PEG) Investor Presentation – Slideshow”. The other Seekingalpha.com‘s article was titled “Utilities Week In Review For The Week Of June 18-22” and released on June 24, 2018.

Public Service Enterprise Group Incorporated (NYSE:PEG) Institutional Investors Chart

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