Public Service Enterprise Group (PEG) : Gierl Augustine Investment Management Inc scooped up 3 additional shares in Public Service Enterprise Group during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 373 shares of Public Service Enterprise Group which is valued at $15,256.Public Service Enterprise Group makes up approximately 0.01% of Gierl Augustine Investment Management Inc’s portfolio.
Other Hedge Funds, Including , Nisa Investment Advisors reduced its stake in PEG by selling 40,945 shares or 31.53% in the most recent quarter. The Hedge Fund company now holds 88,925 shares of PEG which is valued at $3,609,466. Public Service Enterprise Group makes up approx 0.05% of Nisa Investment Advisors’s portfolio.Terra Nova Asset Management reduced its stake in PEG by selling 8,920 shares or 36.32% in the most recent quarter. The Hedge Fund company now holds 15,637 shares of PEG which is valued at $634,706. Public Service Enterprise Group makes up approx 1.41% of Terra Nova Asset Management’s portfolio.Exxonmobil Investment Management Inc Tx reduced its stake in PEG by selling 1,781 shares or 1.36% in the most recent quarter. The Hedge Fund company now holds 129,179 shares of PEG which is valued at $5,260,169. Public Service Enterprise Group makes up approx 0.11% of Exxonmobil Investment Management Inc Tx’s portfolio.
Public Service Enterprise Group closed down -0.07 points or -0.17% at $40.9 with 32,68,522 shares getting traded on Friday. Post opening the session at $40.91, the shares hit an intraday low of $40.77 and an intraday high of $41.42 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Public Service Enterprise Group reported $0.57 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus of $0.58.Analysts expectations of $ 2347.30.During the same quarter in the previous year, the company posted $0.57 EPS.
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 Companys 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.