Public Service Enterprise Group Incorporated $PEG Shares Purchased by Aberdeen Group plc

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Aberdeen Group plc increased its stake in Public Service Enterprise Group (NYSE:PEG) by 2.7% in the fourth quarter, now holding 1,149,494 shares worth approximately $92.3 million. Public Service Enterprise Group reported Q4 EPS of $0.72, exceeding estimates, and announced an increased quarterly dividend of $0.67 per share. Analysts generally rate the stock a “Moderate Buy” with a consensus price target of $92.88.

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