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SG Americas Securities LLC Has $29.88 Million Stake in WEC Energy Group, Inc. $WEC
SG Americas Securities LLC significantly increased its stake in WEC Energy Group, Inc. by 687.6% to 283,291 shares, valued at approximately $29.88 million as of the fourth quarter. WEC Energy Group outperformed its Q4 earnings estimates with an EPS of $1.42 and revenue of $2.54 billion, and has a consensus “Moderate Buy” rating with a target price of $120.73. Despite insider sales totaling over $4.8 million in the last three months, institutional investors own 77.2% of the stock, while insiders hold about 0.5%.