Public Service Enterprise (PEG) Share Price Declined While Zebra Capital Management Has Lowered Its Stake by $1.58 Million; Holder Mcgowan Group Asset Management Lifted Golar Lng Partners LP Partners (GMLP) Holding

April 17, 2018 - By Neil V. Hobbs

Golar LNG Partners LP (NASDAQ:GMLP) Logo

Mcgowan Group Asset Management Inc increased its stake in Golar Lng Partners Lp Partners (GMLP) by 40.37% based on its latest 2017Q4 regulatory filing with the SEC. Mcgowan Group Asset Management Inc bought 253,372 shares as the company’s stock declined 24.09% with the market. The institutional investor held 880,936 shares of the marine transportation company at the end of 2017Q4, valued at $20.09M, up from 627,564 at the end of the previous reported quarter. Mcgowan Group Asset Management Inc who had been investing in Golar Lng Partners Lp Partners for a number of months, seems to be bullish on the $1.33 billion market cap company. The stock increased 1.92% or $0.35 during the last trading session, reaching $18.57. About 150,657 shares traded. Golar LNG Partners LP (NASDAQ:GMLP) has declined 19.88% since April 17, 2017 and is downtrending. It has underperformed by 31.43% the S&P500.

Roger Ibbotson decreased its stake in Public Service Enterprise (PEG) by 84.25% based on its latest 2017Q4 regulatory filing with the SEC. Zebra Capital Management Llc sold 31,052 shares as the company’s stock declined 3.43% with the market. The hedge fund run by Roger Ibbotson held 5,807 shares of the power generation company at the end of 2017Q4, valued at $299,000, down from 36,859 at the end of the previous reported quarter. Zebra Capital Management Llc who had been investing in Public Service Enterprise for a number of months, seems to be less bullish one the $25.52B market cap company. The stock increased 0.31% or $0.155 during the last trading session, reaching $50.565. About 791,757 shares traded. Public Service Enterprise Group Incorporated (NYSE:PEG) has risen 10.24% since April 17, 2017 and is uptrending. It has underperformed by 1.31% the S&P500.

Analysts await Public Service Enterprise Group Incorporated (NYSE:PEG) to report earnings on April, 30 before the open. They expect $0.92 earnings per share, 0.00% or $0.00 from last year’s $0.92 per share. PEG’s profit will be $464.38M for 13.74 P/E if the $0.92 EPS becomes a reality. After $0.57 actual earnings per share reported by Public Service Enterprise Group Incorporated for the previous quarter, Wall Street now forecasts 61.40% EPS growth.

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 58 analyst reports since September 11, 2015 according to SRatingsIntel. Deutsche Bank upgraded Public Service Enterprise Group Incorporated (NYSE:PEG) on Tuesday, December 20 to “Buy” rating. Wells Fargo downgraded Public Service Enterprise Group Incorporated (NYSE:PEG) on Monday, February 27 to “Market Perform” rating. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Hold” rating given on Sunday, October 8 by RBC Capital Markets. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Overweight” rating given on Tuesday, April 10 by JP Morgan. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, March 10. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) earned “Outperform” rating by Wells Fargo on Monday, February 26. The rating was maintained by Guggenheim with “Buy” on Friday, February 23. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Buy” rating given on Monday, April 16 by Bank of America. As per Thursday, March 8, the company rating was maintained by Morgan Stanley. The rating was maintained by Jefferies with “Hold” on Wednesday, October 11.

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.03, from 1.06 in 2017Q3. It is 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. Moreover, Raymond James Trust Na has 0.3% invested in Public Service Enterprise Group Incorporated (NYSE:PEG). Atria Invs holds 0.03% or 13,357 shares in its portfolio. Millennium Management Limited Liability Company has invested 0.09% in Public Service Enterprise Group Incorporated (NYSE:PEG). Amer International Gru Inc, New York-based fund reported 173,268 shares. Barrow Hanley Mewhinney & Strauss Limited Liability Company has 0.02% invested in Public Service Enterprise Group Incorporated (NYSE:PEG) for 274,542 shares. Ftb Advsrs accumulated 142,556 shares. Deutsche Bancorporation Ag invested in 0.02% or 651,451 shares. Hilltop, Texas-based fund reported 11,253 shares. Synovus invested 0.01% in Public Service Enterprise Group Incorporated (NYSE:PEG). Advisory Networks Limited Liability Company stated it has 24,272 shares or 0.11% of all its holdings. Fmr Lc invested in 8.50 million shares or 0.05% of the stock. Arizona-based Arizona State Retirement has invested 0.11% in Public Service Enterprise Group Incorporated (NYSE:PEG). Finance Counselors Incorporated, Missouri-based fund reported 5,820 shares. Gemmer Asset Mngmt Limited Liability Corp holds 0.01% or 432 shares in its portfolio. United Kingdom-based Barclays Public Limited Com has invested 0.08% in Public Service Enterprise Group Incorporated (NYSE:PEG).

Zebra Capital Management Llc, which manages about $438.46 million and $294.79M US Long portfolio, upped its stake in Systemax Inc Com Stk (NYSE:SYX) by 11,741 shares to 30,794 shares, valued at $1.03M in 2017Q4, according to the filing. It also increased its holding in Neogen Corp Com Stk (NASDAQ:NEOG) by 9,972 shares in the quarter, for a total of 14,044 shares, and has risen its stake in Cirrus Logic Inc Com Stk (NASDAQ:CRUS).

Since October 26, 2017, it had 0 insider purchases, and 6 insider sales for $6.15 million activity.

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

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