Published on 12 Dec 2021 on Insider Monkey via Yahoo Finance
Do Hedge Funds Love Public Service Enterprise Group Incorporated (PEG)?
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 867 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of September 30th, 2021. In this article we are going to take a look at smart money sentiment towards Public Service Enterprise Group Incorporated (NYSE:PEG).
Public Service Enterprise Group Incorporated (NYSE:PEG) shares haven't seen a lot of action during the third quarter. Overall, hedge fund sentiment was unchanged. The stock was in 26 hedge funds' portfolios at the end of September. Our calculations also showed that PEG isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings). At the end of this article we will also compare PEG to other stocks including Suncor Energy Inc. (NYSE:SU), Arthur J. Gallagher & Co. (NYSE:AJG), and American Water Works Company, Inc. (NYSE:AWK) to get a better sense of its popularity.
At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, lithium prices have more than doubled over the past year, so we go through lists like the 10 best EV stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. Now let's take a look at the key hedge fund action encompassing Public Service Enterprise Group Incorporated (NYSE:PEG).