General Mtrs Co (GM) Valuation Declined While West Family Investments Has Trimmed Position; Public Svc Enterprise Group In (PEG) Shareholder Reaves W H & Company Has Lifted Position

May 21, 2018 - By Adrian Mccoy

General Motors Company (NYSE:GM) Logo

West Family Investments Inc decreased its stake in General Mtrs Co (GM) by 34.74% based on its latest 2017Q4 regulatory filing with the SEC. West Family Investments Inc sold 27,500 shares as the company’s stock declined 17.02% with the market. The institutional investor held 51,649 shares of the auto manufacturing company at the end of 2017Q4, valued at $2.12 million, down from 79,149 at the end of the previous reported quarter. West Family Investments Inc who had been investing in General Mtrs Co for a number of months, seems to be less bullish one the $53.26B market cap company. The stock decreased 1.33% or $0.51 during the last trading session, reaching $37.79. About 5.58 million shares traded. General Motors Company (NYSE:GM) has risen 0.46% since May 21, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.

Reaves W H & Company Inc increased its stake in Public Svc Enterprise Group In (PEG) by 82.09% based on its latest 2017Q4 regulatory filing with the SEC. Reaves W H & Company Inc bought 395,213 shares as the company’s stock declined 3.43% with the market. The institutional investor held 876,638 shares of the power generation company at the end of 2017Q4, valued at $45.15 million, up from 481,425 at the end of the previous reported quarter. Reaves W H & Company Inc who had been investing in Public Svc Enterprise Group In for a number of months, seems to be bullish on the $25.12B market cap company. The stock increased 0.34% or $0.17 during the last trading session, reaching $49.73. About 2.58 million shares traded. Public Service Enterprise Group Incorporated (NYSE:PEG) has risen 10.24% since May 21, 2017 and is uptrending. It has underperformed by 1.31% the S&P500.

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.03, from 1.06 in 2017Q3. It turned negative, as 32 investors sold PEG shares while 227 reduced holdings. 73 funds opened positions while 195 raised stakes. 332.49 million shares or 1.41% more from 327.87 million shares in 2017Q3 were reported. Thrivent For Lutherans owns 1.36M shares or 0.24% of their US portfolio. Huber Cap Limited Liability Co accumulated 26,500 shares or 0.07% of the stock. Valley Natl Advisers holds 0.17% of its portfolio in Public Service Enterprise Group Incorporated (NYSE:PEG) for 9,273 shares. Dnb Asset Mngmt As invested 0.04% in Public Service Enterprise Group Incorporated (NYSE:PEG). Great Lakes Lc invested in 0.88% or 779,170 shares. Commerzbank Aktiengesellschaft Fi owns 5,289 shares. Baldwin Brothers Inc Ma reported 314 shares stake. Capital Lc holds 0.03% of its portfolio in Public Service Enterprise Group Incorporated (NYSE:PEG) for 8,138 shares. Stifel Fincl Corp owns 285,550 shares for 0.05% of their portfolio. Gam Hldg Ag holds 0.03% or 18,212 shares. Martingale Asset Limited Partnership has 0.05% invested in Public Service Enterprise Group Incorporated (NYSE:PEG). Brown Advisory Secs Ltd Limited Liability Company owns 0.05% invested in Public Service Enterprise Group Incorporated (NYSE:PEG) for 5,067 shares. Mcrae Mgmt holds 5,775 shares or 0.13% of its portfolio. Barrett Asset Ltd has invested 0.01% of its portfolio in Public Service Enterprise Group Incorporated (NYSE:PEG). Smithfield Trust has 0.05% invested in Public Service Enterprise Group Incorporated (NYSE:PEG) for 8,055 shares.

Reaves W H & Company Inc, which manages about $3.03B and $3.17B US Long portfolio, decreased its stake in Edison Intl Com (NYSE:EIX) by 105,115 shares to 662,695 shares, valued at $41.91 million in 2017Q4, according to the filing. It also reduced its holding in Atmos Energy Corp Com (NYSE:ATO) by 16,530 shares in the quarter, leaving it with 378,986 shares, and cut its stake in Transcanada Corp (NYSE:TRP).

Since January 2, 2018, it had 0 insider purchases, and 6 selling transactions for $6.09 million activity. $1.07 million worth of Public Service Enterprise Group Incorporated (NYSE:PEG) shares were sold by IZZO RALPH.

Another recent and important Public Service Enterprise Group Incorporated (NYSE:PEG) news was published by Seekingalpha.com which published an article titled: “Public Service Enterprise’s (PEG) CEO Ralph Izzo on Q1 2018 Results – Earnings Call Transcript” on April 30, 2018.

Among 16 analysts covering Public Service Enterprise Group Incorporated (NYSE:PEG), 10 have Buy rating, 1 Sell and 5 Hold. Therefore 63% are positive. Public Service Enterprise Group Incorporated had 59 analyst reports since September 11, 2015 according to SRatingsIntel. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Overweight” rating given on Monday, March 5 by JP Morgan. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Overweight” rating given on Thursday, October 12 by JP Morgan. RBC Capital Markets maintained it with “Hold” rating and $55.0 target in Thursday, February 1 report. The firm has “Hold” rating given on Sunday, October 8 by RBC Capital Markets. Argus Research maintained Public Service Enterprise Group Incorporated (NYSE:PEG) on Monday, January 11 with “Buy” rating. Jefferies maintained Public Service Enterprise Group Incorporated (NYSE:PEG) on Wednesday, October 11 with “Hold” rating. The company was maintained on Tuesday, February 13 by Morgan Stanley. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Buy” rating given on Thursday, February 25 by Argus Research. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) earned “Equal-Weight” rating by Morgan Stanley on Thursday, August 10. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, March 10.

More notable recent General Motors Company (NYSE:GM) news were published by: Fool.com which released: “General Motors Stock Is Primed for a Comeback” on May 08, 2018, also Globenewswire.com with their article: “GM Recognizes AK Steel for Performance, Quality, and Innovation” published on April 24, 2018, Bizjournals.com published: “GM restores 700 jobs in Spring Hill” on April 25, 2018. More interesting news about General Motors Company (NYSE:GM) were released by: Seekingalpha.com and their article: “GM goes dark on monthly auto sales” published on May 01, 2018 as well as Globenewswire.com‘s news article titled: “General Motors (GM) Recognizes Lydall for Performance, Quality, and Innovation” with publication date: May 07, 2018.

West Family Investments Inc, which manages about $390.91 million US Long portfolio, upped its stake in Conocophillips (NYSE:COP) by 6,950 shares to 7,200 shares, valued at $395,000 in 2017Q4, according to the filing. It also increased its holding in Pennantpark Floating Rate Ca (NASDAQ:PFLT) by 40,421 shares in the quarter, for a total of 254,217 shares, and has risen its stake in General Electric Co (NYSE:GE).

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.03, from 0.87 in 2017Q3. It increased, as 64 investors sold GM shares while 322 reduced holdings. 122 funds opened positions while 225 raised stakes. 999.45 million shares or 1.00% less from 1.01 billion shares in 2017Q3 were reported. Leuthold Grp Lc reported 177,385 shares. Cornerstone Advsr reported 0.27% of its portfolio in General Motors Company (NYSE:GM). Arrowstreet Partnership holds 0.01% in General Motors Company (NYSE:GM) or 63,200 shares. Ancora Llc invested in 9,633 shares or 0.02% of the stock. Focused Wealth has invested 0.14% in General Motors Company (NYSE:GM). Linscomb Williams has 6,142 shares. Golub Gp Limited Liability has 949,087 shares. Nuwave Inv Mgmt Ltd Liability Corp reported 20,492 shares or 0.99% of all its holdings. Cutter And Brokerage holds 0.1% or 6,208 shares. Zeke Cap Limited Com reported 16,032 shares. Schafer Cullen Cap Management holds 6,785 shares or 0% of its portfolio. Conning Inc holds 40,476 shares or 0.05% of its portfolio. Tci Wealth reported 0% stake. Premier Asset Mgmt Limited Liability Company holds 44,025 shares or 0.4% of its portfolio. Linden Limited Partnership stated it has 0.06% of its portfolio in General Motors Company (NYSE:GM).

General Motors Company (NYSE:GM) Institutional Positions Chart

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