Energy Income Partners Lifted Public Svc Enterprise Group (PEG) Holding; Altra Industrial Motion (AIMC) Has 1.3 Sentiment

December 15, 2017 - By Richard Conner

Energy Income Partners Llc increased Public Svc Enterprise Group (PEG) stake by 2.88% reported in 2017Q2 SEC filing. Energy Income Partners Llc acquired 59,008 shares as Public Svc Enterprise Group (PEG)’s stock rose 1.22%. The Energy Income Partners Llc holds 2.10 million shares with $90.51 million value, up from 2.05M last quarter. Public Svc Enterprise Group now has $26.34 billion valuation. The stock increased 0.23% or $0.12 during the last trading session, reaching $52.06. About 2.17M shares traded. Public Service Enterprise Group Incorporated (NYSE:PEG) has declined 1.72% since December 15, 2016 and is downtrending. It has underperformed by 18.42% the S&P500.

Altra Industrial Motion Corp. designs, produces, and markets mechanical power transmission components worldwide. The company has market cap of $1.38 billion. The firm operates through three divisions: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes; and Gearing. It has a 32.82 P/E ratio. It offers coupling products under the Ameridrives, Bibby, Lamiflex, TB Wood's, Huco Dynatork, Guardian, and Stromag brands for food processing, gas and oil, power generation, material handling, medical, metals, mining, and mobile off-highway markets; and heavy duty clutches and brakes under the Wichita Clutch, Twiflex, Industrial Clutch, Svendborg Brakes, and Stromag brands for use in metal forming, gas and oil drilling platforms, mining, material handling, marine, and wind turbine applications.

Investors sentiment decreased to 1.06 in Q2 2017. Its down 0.07, from 1.13 in 2017Q1. It worsened, as 45 investors sold PEG shares while 204 reduced holdings. 68 funds opened positions while 213 raised stakes. 328.43 million shares or 1.84% more from 322.51 million shares in 2017Q1 were reported. Girard Prtnrs Limited has invested 0.15% of its portfolio in Public Service Enterprise Group Incorporated (NYSE:PEG). Nj State Employees Deferred Compensation Plan invested in 0.08% or 10,000 shares. Wetherby Asset has invested 0.04% in Public Service Enterprise Group Incorporated (NYSE:PEG). Hilltop Hldg Inc holds 0.07% in Public Service Enterprise Group Incorporated (NYSE:PEG) or 5,382 shares. Keybank National Association Oh, Ohio-based fund reported 78,709 shares. Motco invested 0.51% of its portfolio in Public Service Enterprise Group Incorporated (NYSE:PEG). Stephens Incorporated Ar invested in 0.08% or 57,160 shares. Avalon Advisors Limited Liability holds 0.26% or 183,728 shares in its portfolio. Jackson Wealth Limited Liability accumulated 10,832 shares. Comml Bank Of America Corporation De stated it has 4.59M shares. Alpha Windward Ltd holds 0.14% or 4,991 shares. Jefferies Ltd Liability Company reported 0.07% of its portfolio in Public Service Enterprise Group Incorporated (NYSE:PEG). Cibc holds 1.31M shares. 150 are owned by City. Beacon Advsr has invested 0.78% in Public Service Enterprise Group Incorporated (NYSE:PEG).

Among 14 analysts covering Public Service Enterprise Group Incorporated (NYSE:PEG), 9 have Buy rating, 2 Sell and 3 Hold. Therefore 64% are positive. Public Service Enterprise Group Incorporated had 45 analyst reports since September 11, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, July 13. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) earned “Buy” rating by Mizuho on Friday, August 11. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Buy” rating given on Monday, October 17 by Goldman Sachs. Wells Fargo downgraded the stock to “Market Perform” rating in Monday, February 27 report. The firm earned “Sector Perform” rating on Tuesday, February 23 by RBC Capital Markets. The company was maintained on Monday, November 13 by Morgan Stanley. On Wednesday, March 16 the stock rating was upgraded by UBS to “Buy”. On Sunday, November 5 the stock rating was maintained by RBC Capital Markets with “Hold”. Mizuho maintained the shares of PEG in report on Monday, November 20 with “Buy” rating. RBC Capital Markets maintained Public Service Enterprise Group Incorporated (NYSE:PEG) on Thursday, May 11 with “Outperform” rating.

Energy Income Partners Llc decreased Sempra Energy (NYSE:SRE) stake by 121,400 shares to 661,062 valued at $74.54 million in 2017Q2. It also reduced Targa Res Corp (NYSE:TRGP) stake by 39,072 shares and now owns 817,302 shares. National Grid Plc (NYSE:NGG) was reduced too.

Since August 1, 2017, it had 0 buys, and 7 sales for $9.94 million activity. 79,920 shares were sold by IZZO RALPH, worth $3.90M. 1,500 shares were sold by DiRisio Derek M, worth $70,670 on Wednesday, August 23.

The stock increased 1.23% or $0.57 during the last trading session, reaching $47. About 109,392 shares traded. Altra Industrial Motion Corp. (AIMC) has risen 63.08% since December 15, 2016 and is uptrending. It has outperformed by 46.38% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 9 sales for $3.76 million activity.

Spitfire Capital Llc holds 4.34% of its portfolio in Altra Industrial Motion Corp. for 234,287 shares. Rk Capital Management Llc owns 281,245 shares or 2.25% of their US portfolio. Moreover, Alphaone Investment Services Llc has 1.14% invested in the company for 106,468 shares. The Illinois-based Anchor Bolt Capital Lp has invested 0.93% in the stock. Eagle Boston Investment Management Inc, a Massachusetts-based fund reported 202,803 shares.

Analysts await Altra Industrial Motion Corp. (NASDAQ:AIMC) to report earnings on February, 26. They expect $0.49 earnings per share, up 19.51% or $0.08 from last year’s $0.41 per share. AIMC’s profit will be $14.35M for 23.98 P/E if the $0.49 EPS becomes a reality. After $0.48 actual earnings per share reported by Altra Industrial Motion Corp. for the previous quarter, Wall Street now forecasts 2.08% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts