Public Service Enterprise Group Inc (NYSE:PEG) Institutional Investors Sentiment

April 25, 2018 - By Ellis Scott

Public Service Enterprise Group Incorporated (NYSE:PEG) Logo

Sentiment for Public Service Enterprise Group Inc (NYSE:PEG)

Public Service Enterprise Group Inc (NYSE:PEG) institutional sentiment decreased to 1.03 in Q4 2017. Its down -0.03, from 1.06 in 2017Q3. The ratio fall, as 268 active investment managers opened new and increased equity positions, while 259 cut down and sold their stock positions in Public Service Enterprise Group Inc. The active investment managers in our partner’s database now have: 332.49 million shares, up from 327.87 million shares in 2017Q3. Also, the number of active investment managers holding Public Service Enterprise Group Inc in their top 10 equity positions increased from 0 to 1 for an increase of 1. Sold All: 32 Reduced: 227 Increased: 195 New Position: 73.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy firm primarily in the Northeastern and Mid- Atlantic United States. The company has market cap of $25.41 billion. It operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of approximately 11,681 megawatts. It has a 16.24 P/E ratio. The firm sells electricity, natural gas, and other energy-related products.

The stock increased 0.82% or $0.41 during the last trading session, reaching $50.34. About 2.83M shares traded. Public Service Enterprise Group Incorporated (NYSE:PEG) has risen 10.24% since April 25, 2017 and is uptrending. It has underperformed by 1.31% the S&P500.

Analysts await Public Service Enterprise Group Incorporated (NYSE:PEG) to report earnings on April, 30 before the open. They expect $0.92 earnings per share, 0.00 % or $0.00 from last year’s $0.92 per share. PEG’s profit will be $464.39 million for 13.68 P/E if the $0.92 EPS becomes a reality. After $0.57 actual earnings per share reported by Public Service Enterprise Group Incorporated for the previous quarter, Wall Street now forecasts 61.40 % EPS growth.

First National Bank Of Mount Dora Trust Investment Services holds 2.19% of its portfolio in Public Service Enterprise Group Incorporated for 96,427 shares. Energy Income Partners Llc owns 2.41 million shares or 2.13% of their US portfolio. Moreover, Crow Point Partners Llc has 2.02% invested in the company for 250,000 shares. The Netherlands-based Kempen Capital Management N.V. has invested 1.89% in the stock. Rench Wealth Management Inc., a Texas-based fund reported 50,995 shares.

Since January 1, 0001, it had 0 insider purchases, and 5 sales for $5.00 million activity.

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

Ratings analysis reveals 67% of Public Service Enterprise’s analysts are positive. Out of 9 Wall Street analysts rating Public Service Enterprise, 6 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $47.0 while the high is $58. The stock’s average target of $53.14 is 5.56% above today’s ($50.34) share price. PEG was included in 18 notes of analysts from November 1, 2017. Morgan Stanley maintained Public Service Enterprise Group Incorporated (NYSE:PEG) rating on Wednesday, December 13. Morgan Stanley has “Overweight” rating and $58 target. As per Monday, November 20, the company rating was maintained by Mizuho. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Outperform” rating given on Monday, February 26 by Wells Fargo. As per Friday, March 2, the company rating was maintained by Mizuho. As per Monday, January 22, the company rating was upgraded by Macquarie Research. As per Sunday, November 5, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by Guggenheim given on Friday, February 23. On Tuesday, February 13 the stock rating was maintained by Morgan Stanley with “Overweight”. On Wednesday, November 1 the stock rating was upgraded by Wells Fargo to “Outperform”. Morgan Stanley maintained the stock with “Overweight” rating in Monday, November 13 report.

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

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