Integrys Energy Group CFO James F. Schott Unloads 4,989 Shares (TEG)
Integrys Energy Group (NYSE:TEG) CFO James F. Schott sold 4,989 shares of Integrys Energy Group stock on the open market in a transaction dated Thursday, August 14th. The shares were sold at an average price of $66.20, for a total value of $330,271.80. Following the completion of the sale, the chief financial officer now directly owns 1,126 shares of the company’s stock, valued at approximately $74,541. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Integrys Energy Group (NYSE:TEG) opened at 66.30 on Monday. Integrys Energy Group has a 1-year low of $52.08 and a 1-year high of $71.35. The stock has a 50-day moving average of $67.94 and a 200-day moving average of $60.67. The company has a market cap of $5.273 billion and a price-to-earnings ratio of 16.26.
Integrys Energy Group (NYSE:TEG) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the 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 in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up 28.4% on a year-over-year basis. On average, analysts predict that Integrys Energy Group will post $3.50 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Saturday, September 20th. Investors of record on Friday, August 29th will be paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 4.10%. The ex-dividend date is Wednesday, August 27th.
TEG has been the subject of a number of recent research reports. 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 analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average price target of $65.00.
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.
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