Share on StockTwits

Integrys Energy Group (NYSE:TEG) CFO James F. Schott sold 4,989 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $66.20, for a total transaction of $330,271.80. Following the completion of the transaction, the chief financial officer now directly owns 1,126 shares in the company, valued at approximately $74,541. The sale was disclosed in a filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Integrys Energy Group in a research note on Friday, August 8th. They now have a $68.00 price target on the stock. Separately, analysts at SunTrust reiterated a “neutral” rating on shares of Integrys Energy Group in a research note on Monday, August 4th. They now have a $68.00 price target on the stock, down previously from $70.00. Finally, analysts at Robert W. Baird downgraded shares of Integrys Energy Group from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 24th. They now have a $68.00 price target on the stock, up previously from $64.00. Five investment analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and a consensus price target of $65.00.

Shares of Integrys Energy Group (NYSE:TEG) traded up 0.61% during mid-day trading on Thursday, hitting $66.38. 366,478 shares of the company’s stock traded hands. Integrys Energy Group has a one year low of $52.08 and a one year high of $71.35. The stock has a 50-day moving average of $68.1 and a 200-day moving average of $60.54. The company has a market cap of $5.279 billion and a price-to-earnings ratio of 16.16.

Integrys Energy Group (NYSE:TEG) last announced its earnings results on Wednesday, August 6th. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.45 by $0.25. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $723.00 million. During the same quarter last year, the company posted $0.45 earnings per share. Integrys Energy Group’s revenue was up 28.4% compared to the same quarter last year. On average, analysts predict that Integrys Energy Group will post $3.50 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Saturday, September 20th. Investors of record on Friday, August 29th will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 4.12%.

Integrys Energy Group, Inc is a diversified energy holding company. The Company’s wholly owned subsidiaries provide products and services in both the regulated and nonregulated energy markets.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.