Public Service Enterprise Group Inc Sentiment Worsening on Bad Stock Potential, Now at 0.81

June 27, 2018 - By Susanne Funderburg

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

Public Service Enterprise Group Inc’s Sentiment

“Big money sentiment for Public Service Enterprise Group Inc (NYSE:PEG) in 2018 Q1 decreased to 0.81, according to SEC.gov filings. That’s down -0.22, from 2017Q4’s 1.03. 240 active investment managers increased and opened new equity positions, while 296 reduced and sold their 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 increased from 1 to 2 for an increase of 1. In total 54 funds closed positions, 242 reduced and 172 increased. Also 68 funds bought new Public Service Enterprise Group Inc stakes.

Biggest Public Service Enterprise Group Inc Investors

As of 2018 Q1 Alethea Capital Management Llc has 3.31% invested in Public Service Enterprise Group Inc. Public Service Enterprise Group Inc’s shareholder Energy Income Partners Llc owns 2.67 million shares as of 2018 Q1. Crow Point Partners Llc reported 250,000 shares. First National Bank Of Mount Dora Trust Investment Services revealed 86,727 shares position in Public Service Enterprise Group Inc. The Netherlands-based fund Kempen Capital Management N.V. holds 464,176 shares or 1.88% of their US equity exposure.

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 valued at $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.

The stock increased 0.93% or $0.5 during the last trading session, hitting $54.22.Public Service Enterprise Group Incorporated has volume of 1.12M shares. Since June 27, 2017 PEG has risen 17.65% and is uptrending. The stock outperformed the S&P500 by 5.08%.

Public Service Enterprise Group Incorporated (NYSE:PEG) is anticipated to report earnings on July, 27., Zacks reports. Analysts forecast $0.64 earnings per share. That’s $0.02 up or 3.23 % from 2017’s earnings of $0.62. If $0.64 is reported, PEG’s profit will be $323.34 million for 21.18 P/E. Last quarter $0.97 earnings per share was reported. Analysts predicts -34.02 % negative EPS growth this quarter.

Goldman Sachs Gru has invested 0.06% in Public Service Enterprise Group Incorporated (NYSE:PEG). Atria Ltd Liability Co owns 12,696 shs. Quantitative Systematic Strategies Ltd Liability Corp stated it has 0.12% in Public Service Enterprise Group Incorporated (NYSE:PEG). 287,000 were accumulated by Gabelli Funds Ltd Liability Com. Macquarie Group stated it has 0.05% in Public Service Enterprise Group Incorporated (NYSE:PEG). Clark Capital Mgmt Grp Inc Inc holds 0.02% or 12,610 shs in its capital. Nelson Van Denburg And Campbell Wealth Management Group Incorporated Ltd Com stated it has 0.09% of its capital in Public Service Enterprise Group Incorporated (NYSE:PEG). Premier Asset Management Ltd Llc owns 0.08% invested in Public Service Enterprise Group Incorporated (NYSE:PEG) for 6,725 shs. California-based Cap Advisers Ltd Llc has invested 0.01% in Public Service Enterprise Group Incorporated (NYSE:PEG). Lmr Partners Ltd Liability Partnership owns 5,677 shs. Focused Wealth Mngmt accumulated 505 shs. American Economic Planning Grp Adv has 13,657 shs for 0.25% of their capital. Barrow Hanley Mewhinney And Strauss Ltd Company reported 280,642 shs or 0.02% of all its holdings. 169,330 were accumulated by Twin Management. Moreover, Palladium Prns Ltd Liability has 0.03% invested in Public Service Enterprise Group Incorporated (NYSE:PEG) for 8,370 shs.

Public Service Enterprise Group Incorporated had 7 sales and 0 insider buys since January 2, 2018. This’s net activity of $7.18 million. On Tuesday, May 1 IZZO RALPH sold $1.08 million 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 Friday, March 2 the company was maintained by Mizuho. The stock rating was maintained by Wells Fargo with “Outperform” on Monday, February 26. On Tuesday, February 13 the rating was maintained by Morgan Stanley with “Overweight”. On Wednesday, June 13 the firm has “Overweight” rating by Morgan Stanley given. In Friday, February 23 report Guggenheim maintained the stock with “Buy” rating. The company rating was upgraded by Bank of America on Monday, April 16. On Friday, May 25 the stock of Public Service Enterprise Group Incorporated (NYSE:PEG) earned “Overweight” rating by Morgan Stanley. In Monday, February 5 report Mizuho downgraded the stock to “Neutral” rating. The company rating was maintained by JP Morgan on Monday, March 5. On Tuesday, April 10 the rating was maintained by JP Morgan with “Overweight”.

Another two news for Public Service Enterprise Group Incorporated (NYSE:PEG) were briefly published 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 published on June 24, 2018.

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

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