PPL Electric Utilities Corp (NYSE:PPL) Big Money Positioning Change, Sentiment at 0.74

June 27, 2018 - By Bridget Boland

PPL Corporation (NYSE:PPL) Corporate Logo

PPL Electric Utilities Corp’s Sentiment

“Big money sentiment for PPL Electric Utilities Corp (NYSE:PPL) in 2018 Q1 decreased to 0.74, according to SEC.gov filings. So its down -0.41, from 2017Q4’s 1.15. 243 investment professionals started new or increased holdings, while 328 reduced and sold their positions in PPL Electric Utilities Corp so the sentiment has dropped. These funds own 482.80 million shares, that’s up from 479.50 million shares in 2017Q4. Funds holding PPL Electric Utilities Corp in top 10 decreased from 3 to 1 for a decrease of 2. In total 73 funds closed positions, 255 reduced and 179 increased. Also 64 funds bought new PPL Electric Utilities Corp stakes.

Biggest PPL Electric Utilities Corp Investors

As of 2018 Q1 Stralem & Co Inc has 2.88% invested in PPL Electric Utilities Corp. As of 2018 Q1, 259,845 shares of PPL Electric Utilities Corp are owned by Symons Capital Management Inc. In addition, Denali Advisors Llc reported 431,296 shares in PPL Electric Utilities Corp equivalent to 1.96% of its US long equity exposure. The Virginia-based fund Thompson Siegel & Walmsley Llc have invested about 1.89% of the investment manager’s stock portfolio in PPL Electric Utilities Corp. The Florida-based fund Butensky & Cohen Financial Security Inc holds 63,422 shares or 1.57% of their US long equity exposure.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom.The company has $20.10 billion market cap. The firm operates in three divisions: U.K.16.88 is the P/E ratio. Regulated, Kentucky Regulated, and Pennsylvania Regulated.

Ticker’s shares touched $28.76 during the last trading session after 0.28% change.Currently PPL Corporation is downtrending after 31.20% change in last June 27, 2017. PPL has 1.73M shares volume. The stock underperformed the S&P500 by 43.77%.

On August, 2 PPL Corporation (NYSE:PPL)’s earnings report is anticipated by WallStreet, Faxor reports. Analysts predict $0.53 EPS, which is $0.01 up or 1.92 % from 2017’s $0.52 EPS. If $0.53 is reported, PPL’s profit will hit $370.48M for 13.57 P/E. After $0.74 EPS was published previous quarter, analysts now see negative EPS growth of -28.38 % for PPL Corporation.

Cullen Frost Bankers has invested 0.01% in PPL Corporation (NYSE:PPL). Manchester Cap Mgmt Llc accumulated 361 shs. Moreover, Bessemer Group Incorporated has 0% invested in PPL Corporation (NYSE:PPL) for 2,755 shs. Lombard Odier Asset Mgmt (Europe) Limited reported 0.01% in PPL Corporation (NYSE:PPL). Hsbc Holdings Public Ltd Com has invested 0.05% in PPL Corporation (NYSE:PPL). Hudson Valley Invest Advisors Incorporated Adv invested 0.17% of its capital in PPL Corporation (NYSE:PPL). Vident Inv Advisory Lc holds 0.03% or 25,899 shs in its capital. Addison Co reported 7,312 shs. The Switzerland-based Credit Suisse Ag has invested 0.04% in PPL Corporation (NYSE:PPL). Envestnet Asset Mngmt Incorporated, Illinois-based fund reported 117,648 shs. Rare Ltd holds 0.02% or 8,897 shs in its capital. Signaturefd Ltd Llc holds 0% or 1,441 shs. Cibc Asset Mgmt invested 0.03% in PPL Corporation (NYSE:PPL). Fmr Limited Liability Corporation invested in 0.08% or 24.99 million shs. Cetera Advsrs Limited Liability Company stated it has 0.04% in PPL Corporation (NYSE:PPL).

PPL Corporation (NYSE:PPL) Ratings Coverage

Total analysts of 6 have positions in PPL Corp (NYSE:PPL) as follows: 4 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 67%. The firm has $40 highest while $28 is the lowest target. The average target $33.17 is 15.33% above the last ($28.76) price. Since January 2, 2018 according to StockzIntelligence Inc PPL Corp has 11 analyst reports. On Thursday, February 1 the stock of PPL Corporation (NYSE:PPL) earned “Hold” rating by RBC Capital Markets. On Friday, February 23 the firm has “Buy” rating given by UBS. On Friday, June 8 the firm has “Buy” rating by UBS given. On Tuesday, March 6 the firm has “Outperform” rating given by RBC Capital Markets. The stock rating was upgraded by Deutsche Bank to “Buy” on Thursday, January 18. On Friday, February 23 the rating was maintained by SunTrust with “Buy”. On Wednesday, June 13 the stock of PPL Corporation (NYSE:PPL) has “Equal-Weight” rating given by Morgan Stanley. The company rating was maintained by SunTrust on Monday, February 12. On Tuesday, January 2 the stock of PPL Corporation (NYSE:PPL) earned “Hold” rating by Guggenheim. In Monday, January 8 report SunTrust maintained the stock with “Buy” rating.

Another two news for PPL Corporation (NYSE:PPL) were briefly brought out by: Seekingalpha.com on June 03, 2018 with title “PPL – Equity Raise, More To Come?”. The other Investorplace.com‘s article was titled “3 Big Stock Charts for Monday: Caterpillar, PPL Corp and Iron Mountain” and brought out on June 25, 2018.

PPL Corporation (NYSE:PPL) Institutional Investors Chart

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