Public Svc Enterprise Grp In (PEG) Stake Has Increased by Pictet Asset Management Ltd

Public Service Enterprise Group Incorporated (NYSE:PEG) LogoInvestors sentiment increased to 1.11 in Q2 2019. 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. Neumann Cap Ltd invested in 30,810 shares. Burt Wealth Advsrs invested 0.02% of its portfolio in Public Service Enterprise Group Incorporated (NYSE:PEG). Oppenheimer & Comm has 118,269 shares. Paloma Partners Mgmt has invested 0.01% in Public Service Enterprise Group Incorporated (NYSE:PEG). Hgk Asset Mngmt owns 98,674 shares. Charles Schwab Investment Management Inc accumulated 2.28M shares. 92,380 are held by Pub Employees Retirement Association Of Colorado. Bb&T Securities Lc owns 27,262 shares or 0.01% of their US portfolio. Parametric Assocs Ltd Llc has 1.81M shares for 0.09% of their portfolio. 253,331 were reported by Cubist Systematic Strategies Limited Liability Corp. Neuberger Berman Limited Liability owns 23,980 shares for 0% of their portfolio. Millennium Mgmt Limited Liability has 944,467 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested 0.1% of its portfolio in Public Service Enterprise Group Incorporated (NYSE:PEG). Sg Americas Ltd Liability Com has 149,860 shares. Brown Brothers Harriman Company has 1,396 shares.

Since March 29, 2019, it had 1 buy, and 0 sales 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 $255.80M, up from 3.79 million 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 Yelp Inc (NYSE:YELP) by 244,007 shares to 817,615 shares, valued at $27.95 million in 2019Q2, according to the filing. It also reduced its holding in Pulte Group Inc (NYSE:PHM) by 220,036 shares in the quarter, leaving it with 578,394 shares, and cut its stake in Paypal Hldgs Inc.

More important recent Public Service Enterprise Group Incorporated (NYSE:PEG) news were published by: Finance.Yahoo.com which released: “Does Public Service Enterprise Group Incorporated’s (NYSE:PEG) Debt Level Pose A Problem? – Yahoo Finance” on July 05, 2019, also Finance.Yahoo.com published article titled: “Have Insiders Been Selling Public Service Enterprise Group Incorporated (NYSE:PEG) Shares? – Yahoo Finance”, Finance.Yahoo.com published: “Investors Who Bought Public Service Enterprise Group (NYSE:PEG) Shares Five Years Ago Are Now Up 54% – Yahoo Finance” on June 17, 2019. More interesting news about Public Service Enterprise Group Incorporated (NYSE:PEG) was released by: Finance.Yahoo.com and their article: “Why Public Service Enterprise Group Incorporated’s (NYSE:PEG) Return On Capital Employed Is Impressive – Yahoo Finance” with publication date: September 01, 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. Morgan Stanley maintained Public Service Enterprise Group Incorporated (NYSE:PEG) on Friday, June 14 with “Overweight” rating. UBS maintained it with “Buy” rating and $7100 target in Friday, September 6 report. Mizuho maintained the shares of PEG in report on Tuesday, September 3 with “Buy” rating. The firm has “Neutral” rating by Citigroup given on Monday, July 29.

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

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