1.08 is Mge Energy Inc’s (NASDAQ:MGEE) Institutional Investor Sentiment

April 17, 2018 - By Dolores Ford

MGE Energy, Inc. (NASDAQ:MGEE) Logo

Sentiment for Mge Energy Inc (NASDAQ:MGEE)

Mge Energy Inc (NASDAQ:MGEE) institutional sentiment increased to 1.08 in 2017 Q4. Its up 0.15, from 0.93 in 2017Q3. The ratio improved, as 54 investment managers increased or opened new equity positions, while 50 sold and trimmed stakes in Mge Energy Inc. The investment managers in our partner’s database now possess: 13.45 million shares, up from 13.23 million shares in 2017Q3. Also, the number of investment managers holding Mge Energy Inc in their top 10 equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 11 Reduced: 39 Increased: 38 New Position: 16.

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding firm primarily in Wisconsin. The company has market cap of $1.99 billion. It operates through five divisions: Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. It has a 20.43 P/E ratio. The firm generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services.

The stock increased 0.17% or $0.1 during the last trading session, reaching $57.5. About 4,120 shares traded. MGE Energy, Inc. (NASDAQ:MGEE) has declined 11.06% since April 17, 2017 and is downtrending. It has underperformed by 22.61% the S&P500.

Oarsman Capital Inc. holds 0.87% of its portfolio in MGE Energy, Inc. for 31,882 shares. Zebra Capital Management Llc owns 17,766 shares or 0.38% of their US portfolio. Moreover, Silvercrest Asset Management Group Llc has 0.37% invested in the company for 622,956 shares. The Arizona-based Cue Financial Group Inc. has invested 0.21% in the stock. Teton Advisors Inc., a New York-based fund reported 36,000 shares.#img1#

MGE Energy, Inc. (NASDAQ:MGEE) Institutional Positions Chart

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