Cerity Partners boosts holdings in PEG, which slightly beat earnings but cut revenue.

Cerity Partners LLC has increased its holdings in Public Service Enterprise Group (PEG) by 4.2%, now owning 100,167 shares worth $8.59 million. PEG's stock, with a "Hold" rating and $89.35 target price, saw its CEO sell shares recently. The company reported a slight beat on earnings and a revenue decrease. PEG also increased its annual dividend to $2.52, yielding 3.10%, with a 71.19% payout ratio.