Public Svc Enterprise Grp In (PEG) Holding Lifted by Pictet Asset Management Ltd

Public Service Enterprise Group Incorporated (NYSE:PEG) LogoInvestors sentiment increased to 1.11 in 2019 Q2. Its up 0.10, from 1.01 in 2019Q1. It increased, as 33 investors sold PEG shares while 211 reduced holdings. 70 funds opened positions while 200 raised stakes. 336.53 million shares or 0.31% more from 335.50 million shares in 2019Q1 were reported. First Trust Communications has 0.05% invested in Public Service Enterprise Group Incorporated (NYSE:PEG) for 8,627 shares. Sandy Spring National Bank holds 0.01% or 2,692 shares in its portfolio. 5,439 were accumulated by Braun Stacey Assocs. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys invested in 0.03% or 29,672 shares. Bp Public Limited Com, United Kingdom-based fund reported 52,000 shares. Nelson Van Denburg And Campbell Wealth Management Gp Limited Company invested in 1,300 shares or 0.01% of the stock. Credit Agricole S A owns 10,000 shares or 0.03% of their US portfolio. 42.68 million are owned by Cap Invsts. Tiverton Asset Mgmt Limited Co invested in 0.01% or 2,804 shares. First Allied Advisory Ser Incorporated reported 12,808 shares. Creative Planning has invested 0.01% in Public Service Enterprise Group Incorporated (NYSE:PEG). Sei Invs Co accumulated 0.06% or 314,580 shares. Riverhead Capital Mngmt Ltd Liability Com accumulated 22,872 shares. Trustmark Commercial Bank Trust Department invested 0.04% of its portfolio in Public Service Enterprise Group Incorporated (NYSE:PEG). 1832 Asset Lp holds 0.01% or 70,075 shares in its portfolio.

Since March 29, 2019, it had 1 insider purchase, and 0 selling transactions for $159 activity.

Pictet Asset Management Ltd increased its stake in Public Svc Enterprise Grp In (PEG) by 14.85% based on its latest 2019Q2 regulatory filing with the SEC. Pictet Asset Management Ltd bought 562,238 shares as the company’s stock declined 2.77% . The institutional investor held 4.35M shares of the power generation company at the end of 2019Q2, valued at $255.80 million, up from 3.79M at the end of the previous reported quarter. Pictet Asset Management Ltd who had been investing in Public Svc Enterprise Grp In for a number of months, seems to be bullish on the $30.74 billion market cap company. The stock decreased 1.06% or $0.65 during the last trading session, reaching $60.8. About 2.19M shares traded. Public Service Enterprise Group Incorporated (NYSE:PEG) has risen 12.04% since September 13, 2018 and is uptrending. It has outperformed by 12.04% the S&P500.

Pictet Asset Management Ltd, which manages about $46.36B US Long portfolio, decreased its stake in Public Storage (NYSE:PSA) by 14,122 shares to 146,890 shares, valued at $34.99 million in 2019Q2, according to the filing. It also reduced its holding in Kimberly Clark Corp (NYSE:KMB) by 71,289 shares in the quarter, leaving it with 505,736 shares, and cut its stake in Synopsys Inc (NASDAQ:SNPS).

More important recent Public Service Enterprise Group Incorporated (NYSE:PEG) news were published by: Finance.Yahoo.com which released: “Investors Who Bought Public Service Enterprise Group (NYSE:PEG) Shares Five Years Ago Are Now Up 54% – Yahoo Finance” on June 17, 2019, also Finance.Yahoo.com published article titled: “Why Public Service Enterprise Group Incorporated’s (NYSE:PEG) Return On Capital Employed Is Impressive – Yahoo Finance”, Finance.Yahoo.com published: “Have Insiders Been Selling Public Service Enterprise Group Incorporated (NYSE:PEG) Shares? – Yahoo Finance” on July 23, 2019. More interesting news about Public Service Enterprise Group Incorporated (NYSE:PEG) was released by: Finance.Yahoo.com and their article: “Does Public Service Enterprise Group Incorporated’s (NYSE:PEG) Debt Level Pose A Problem? – Yahoo Finance” with publication date: July 05, 2019.

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

Among 5 analysts covering Public Service Enterprise Group (NYSE:PEG), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Public Service Enterprise Group has $7100 highest and $6100 lowest target. $65.20’s average target is 7.24% above currents $60.8 stock price. Public Service Enterprise Group had 9 analyst reports since March 29, 2019 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, July 29 by Citigroup. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Overweight” rating given on Friday, June 14 by Morgan Stanley. Mizuho maintained Public Service Enterprise Group Incorporated (NYSE:PEG) on Tuesday, September 3 with “Buy” rating. The firm has “Buy” rating by UBS given on Friday, September 6.

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

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