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Teacher Retirement System of Texas Acquires 12,767 Shares of Public Service Enterprise Group Incorporated $PEG
The Teacher Retirement System of Texas increased its stake in Public Service Enterprise Group (NYSE:PEG) by 16.6% in the fourth quarter, acquiring an additional 12,767 shares to reach a total of 89,782 shares valued at approximately $7.21 million. Public Service Enterprise Group also reported strong quarterly earnings, beating expectations with an EPS of $0.72 and revenue of $2.92 billion, and declared a quarterly dividend of $0.67, representing a 3.3% yield. The company is rated a “Moderate Buy” by analysts with a consensus target price of $93.25.