Public Service Enterprise Group (PEG) : Pensionfund Dsm Netherlands added new position in Public Service Enterprise Group during the most recent quarter end. The investment management firm now holds 92,000 shares of Public Service Enterprise Group which is valued at $3,734,280 , the company said in a statement filed on Oct 12, 2016 with the SEC.Public Service Enterprise Group makes up approximately 0.52% of Pensionfund Dsm Netherlands’s portfolio.
Other Hedge Funds, Including , Legacy Private Trust reduced its stake in PEG by selling 30,083 shares or 29.96% in the most recent quarter. The Hedge Fund company now holds 70,331 shares of PEG which is valued at $2,854,735. Public Service Enterprise Group makes up approx 0.39% of Legacy Private Trust’s portfolio.Raymond James Trust N.a. reduced its stake in PEG by selling 2,075 shares or 3.72% in the most recent quarter. The Hedge Fund company now holds 53,752 shares of PEG which is valued at $2,196,307. Public Service Enterprise Group makes up approx 0.19% of Raymond James Trust N.a.’s portfolio.Central Bank Trust Co reduced its stake in PEG by selling 241 shares or 21.01% in the most recent quarter. The Hedge Fund company now holds 906 shares of PEG which is valued at $36,892. Public Service Enterprise Group makes up approx 0.01% of Central Bank Trust Co’s portfolio.
Public Service Enterprise Group closed down -0.27 points or -0.66% at $40.59 with 24,90,118 shares getting traded on Tuesday. Post opening the session at $40.78, the shares hit an intraday low of $40.45 and an intraday high of $40.94 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.