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WEC Energy Group, Inc. $WEC Shares Sold by Duff & Phelps Investment Management Co.
Duff & Phelps Investment Management Co. decreased its stake in WEC Energy Group (NYSE:WEC) by 8.1% in the third quarter, selling 90,477 shares and bringing its total ownership to 1,028,768 shares. Despite this, other institutional investors like Empowered Funds LLC, Woodline Partners LP, Prospera Financial Services Inc, and Aviva PLC increased their holdings in WEC Energy Group. The company recently reported Q4 earnings of $1.42 per share, exceeding analyst estimates, and has a consensus “Moderate Buy” rating from analysts with an average price target of $120.67.