Mizuho Securities Usa adds PUBLIC SVC ENTERPRISE GROUP COM (PEG) to its portfolio

PUBLIC SVC ENTERPRISE GROUP COM (PEG) : Mizuho Securities Usa added new position in PUBLIC SVC ENTERPRISE GROUP COM during the most recent quarter end. The investment management firm now holds 170,600 shares of PUBLIC SVC ENTERPRISE GROUP COM which is valued at $7,712,826 , the company said in a statement filed on Apr 21, 2016 with the SEC.PUBLIC SVC ENTERPRISE GROUP COM makes up approximately 1.92% of Mizuho Securities Usa’s portfolio.

PUBLIC SVC ENTERPRISE GROUP COM opened for trading at $45.59 and hit $46.29 on the upside on Wednesday, eventually ending the session at $46.06, with a gain of 1.32% or 0.6 points. The heightened volatility saw the trading volume jump to 30,37,535 shares. Company has a market cap of $23,326 M.

Other Hedge Funds, Including , Legacy Private Trust boosted its stake in PEG in the latest quarter, The investment management firm added 14,319 additional shares and now holds a total of 104,732 shares of PUBLIC SVC ENTERPRISE GROUP COM which is valued at $4,734,934. PUBLIC SVC ENTERPRISE GROUP COM makes up approx 0.71% of Legacy Private Trust’s portfolio.Gemmer Asset Management boosted its stake in PEG in the latest quarter, The investment management firm added 268 additional shares and now holds a total of 693 shares of PUBLIC SVC ENTERPRISE GROUP COM which is valued at $32,155. PUBLIC SVC ENTERPRISE GROUP COM makes up approx 0.02% of Gemmer Asset Management’s portfolio.Capital Investment Advisors boosted its stake in PEG in the latest quarter, The investment management firm added 218 additional shares and now holds a total of 10,688 shares of PUBLIC SVC ENTERPRISE GROUP COM which is valued at $495,923. PUBLIC SVC ENTERPRISE GROUP COM makes up approx 0.05% of Capital Investment Advisors’s portfolio.Capstone Asset Management Co boosted its stake in PEG in the latest quarter, The investment management firm added 280 additional shares and now holds a total of 85,721 shares of PUBLIC SVC ENTERPRISE GROUP COM which is valued at $3,977,454. PUBLIC SVC ENTERPRISE GROUP COM makes up approx 0.11% of Capstone Asset Management Co’s portfolio.Chicago Trust Co Na reduced its stake in PEG by selling 2,112 shares or 5.89% in the most recent quarter. The Hedge Fund company now holds 33,770 shares of PEG which is valued at $1,540,925. PUBLIC SVC ENTERPRISE GROUP COM makes up approx 0.67% of Chicago Trust Co Na’s portfolio.

On the company’s financial health, PUBLIC SVC ENTERPRISE GROUP COM reported $0.50 EPS for the quarter, based on the information available during the earnings call on Feb 19, 2016. Analyst had a consensus estimate of $0.50.Analysts expectations of $ 2503.50.During the same quarter in the previous year, the company posted $0.49 EPS.

Many Wall Street Analysts have commented on PUBLIC SVC ENTERPRISE GROUP COM. Company shares were Reiterated by Barclays on Mar 14, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 47 from a previous price target of $45 .Company shares were Reiterated by Argus on Feb 25, 2016 to “Buy”, Firm has raised the Price Target to $ 48 from a previous price target of $45 .Company shares were Reiterated by RBC Capital Mkts on Feb 23, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 44 from a previous price target of $43 .

Public Service Enterprise Group Incorporated (PSEG) is an energy holding company engaged in the transmission of electricity and distribution of electricity and natural gas. Its operations are located in the Northeastern and Mid- Atlantic United States. It conducts its business through two direct wholly owned subsidiaries: PSEG Power LLC (Power) and Public Service Electric and Gas Company (PSE&G). The Company’s other direct wholly owned subsidiaries are PSEG Energy Holdings L.L.C. which owns and manages a portfolio of lease investments; PSEG Long Island LLC which operates the Long Island Power Authority’s (LIPA) transmission and distribution system under a contractual agreement and PSEG Services Corporation which provides certain management administrative and general services to PSEG and its subsidiaries.

Leave a Reply

PUBLIC SVC ENTERPRISE GROUP COM - Is it time to Sell?

Top Brokerage Firms are advising their investors on PUBLIC SVC ENTERPRISE GROUP COM. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.