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Korea Investment CORP Reduces Stock Position in WEC Energy Group, Inc. $WEC
Korea Investment CORP significantly reduced its stake in WEC Energy Group, Inc. by 23.8% in the third quarter, selling over 67,000 shares. Despite this, several other institutional investors increased their holdings in the utilities provider. WEC Energy Group recently reported strong quarterly earnings, beating analyst estimates, and has received a “Moderate Buy” consensus rating from Wall Street analysts with an average price target of $120.67.