3,927 Shares in WEC Energy Group, Inc. (NYSE:WEC) Bought by Callan Family Office LLC

Callan Family Office LLC bought a new position in shares of WEC Energy Group, Inc. (NYSE:WEC - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,927 shares of the utilities provider's stock, valued at approximately $369,000.

Other institutional investors have also added to or reduced their stakes in the company. Coastline Trust Co bought a new stake in WEC Energy Group in the third quarter worth $29,000. Ashton Thomas Securities LLC bought a new stake in shares of WEC Energy Group in the 3rd quarter valued at about $45,000. Human Investing LLC purchased a new stake in WEC Energy Group during the 4th quarter valued at about $52,000. Cullen Frost Bankers Inc. grew its position in WEC Energy Group by 140.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 590 shares of the utilities provider's stock worth $55,000 after acquiring an additional 345 shares during the last quarter. Finally, Bank of Jackson Hole Trust purchased a new position in WEC Energy Group in the 4th quarter worth approximately $59,000. 77.20% of the stock is currently owned by institutional investors.

Insider Transactions at WEC Energy Group

In related news, Director Ulice Payne, Jr. sold 1,150 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $104.17, for a total value of $119,795.50. Following the transaction, the director now directly owns 21,951 shares of the company's stock, valued at approximately $2,286,635.67. This trade represents a 4.98 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gale E. Klappa sold 25,000 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $108.62, for a total value of $2,715,500.00. Following the sale, the director now directly owns 274,955 shares of the company's stock, valued at $29,865,612.10. This represents a 8.33 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.34% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on WEC shares. Scotiabank raised their price target on shares of WEC Energy Group from $103.00 to $110.00 and gave the stock a "sector outperform" rating in a report on Monday, December 9th. Wells Fargo & Company boosted their price target on WEC Energy Group from $112.00 to $115.00 and gave the company an "overweight" rating in a report on Wednesday, February 5th. BMO Capital Markets increased their price objective on WEC Energy Group from $95.00 to $100.00 and gave the stock a "market perform" rating in a report on Wednesday, February 5th. Barclays raised WEC Energy Group from an "underweight" rating to an "equal weight" rating and boosted their target price for the company from $89.00 to $93.00 in a research note on Thursday, January 2nd. Finally, KeyCorp lifted their price target on shares of WEC Energy Group from $108.00 to $109.00 and gave the company an "overweight" rating in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $101.88.

WEC Energy Group Stock Performance

Shares of WEC Energy Group stock traded down $0.72 during trading on Wednesday, hitting $105.06. 921,706 shares of the company's stock traded hands, compared to its average volume of 2,002,518. WEC Energy Group, Inc. has a 1 year low of $77.47 and a 1 year high of $110.19. The business has a 50-day simple moving average of $100.55 and a 200-day simple moving average of $97.79. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.60 and a quick ratio of 0.43. The stock has a market capitalization of $33.18 billion, a P/E ratio of 21.74, a PEG ratio of 2.60 and a beta of 0.45.

WEC Energy Group (NYSE:WEC - Get Free Report) last announced its earnings results on Tuesday, February 4th. The utilities provider reported $1.43 earnings per share for the quarter, missing analysts' consensus estimates of $1.49 by ($0.06). WEC Energy Group had a net margin of 17.75% and a return on equity of 12.39%. The company had revenue of $2.28 billion for the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter in the prior year, the firm posted $1.10 earnings per share. WEC Energy Group's quarterly revenue was up 3.0% on a year-over-year basis. As a group, analysts forecast that WEC Energy Group, Inc. will post 5.23 EPS for the current year.

About WEC Energy Group

WEC Energy Group, Inc, through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.