PPL Electric Utilities Corp (NYSE:PPL) Quarterly Sentiment Report

Marco Green
January 13, 2018

Breton Hill Capital Ltd who had been investing in Ppl Corp for a number of months, seems to be bullish on the $21.40 billion market cap company. The overall volume in the last trading session was 6.65 million shares.

LNZ Capital LP acquired a new stake in PPL Corporation (NYSE:PPL) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). It has underperformed by 14.27% the S&P500. Hotchkis & Wiley Capital Management LLC now owns 1,997,296 shares of the utilities provider's stock worth $75,797,000 after purchasing an additional 15,900 shares during the period. The institutional investor held 99,695 shares of the consumer services company at the end of 2017Q3, valued at $2.78M, up from 54,800 at the end of the previous reported quarter.

Ratings analysis reveals 0 of PPL Corp's analysts are positive. The stock decreased 1.82% or $0.4407 during the last trading session, reaching $23.7293. The stock is now moving below its 20-Day Simple Moving Average of -2.9% with a 50-Day Simple Moving Average of -10.54 percent. Fortinet, Inc. (NASDAQ:FTNT) has risen 20.17% since January 13, 2017 and is uptrending. It has underperformed by 42.16% the S&P500. HSN had 27 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Fortinet, Inc. The firm has "Buy" rating by SunTrust given on Monday, January 8. The company was upgraded on Wednesday, July 19 by Jefferies. UBS maintained HSN, Inc. The company has market cap of $449.21 million. (NYSE:HCP) rating on Monday, July 3. Morgan Stanley reported 2.37M shares. The stock has "Hold" rating by Bank of America on Friday, September 22. The rating was downgraded by Macquarie Research to "Underperform" on Tuesday, December 19. The firm has "Buy" rating by Brean Capital given on Thursday, November 5. The firm current ratio calculated as 0.60, this value is acceptable if it lies in 1.3% to 3%. It turned negative, as 61 investors sold MET shares while 336 reduced holdings. 43 funds opened positions while 163 raised stakes. Stifel Fincl reported 10,241 shares. 25,803 are owned by Capital Advisers. Bank Of New York Mellon holds 782,721 shares. (NYSE:HCP) for 121,033 shares. Cornerstone Cap Management holds 369,568 shares. Brinker Inc stated it has 0.01% in HCP, Inc. (NYSE:HCP). Sarasin & Partners Llp has invested 0.02% of its portfolio in HCP, Inc. Brown Brothers Harriman stated it has 0% in PPL Corporation (NYSE:PPL). Brown Advisory Inc has 0.01% invested in MetLife, Inc. (NYSE:MET). Moreover, Kentucky Retirement Ins Trust Fund has 0.26% invested in MetLife, Inc. (NYSE:HCP). 7,236 are owned by Cahill Finance. Argent Co reported 0.13% stake. 286,900 are held by Bridgeway Capital Mgmt. Finally, Hotchkis & Wiley Capital Management LLC increased its stake in shares of PPL by 0.8% during the third quarter. The utilities provider reported $0.56 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.53 by $0.03.

PPL Corporation (NYSE:PPL) last announced its quarterly earnings results on Wednesday, February 1st. During the same period in the previous year, the company earned $0.63 EPS. PPL's profit will be $337.35 million for 15.76 P/E if the $0.49 EPS becomes a reality. This is an increase from PPL Corporation's previous quarterly dividend of $0.38.

Investors sentiment decreased to 0.89 in Q3 2017. The average daily volatility for the week was at 1.4%, which was -0.0700000000000001 lower than that in the past month.

In other PPL Corporation news, insider Gregory N. Dudkin sold 10,231 shares of the firm's stock in a transaction on Tuesday, January 24th.

VANGUARD GROUP INC raised its stake in DDR Corp. Motco has invested 0.03% of its portfolio in PPL Corporation (NYSE:PPL). Jefferies Group Inc Llc reported 158,774 shares or 0.04% of all its holdings. 276,572 were accumulated by Deutsche National Bank & Trust Ag. Park Avenue Secs Lc owns 6,781 shares. The New Jersey-based Seabridge Investment Advisors Llc has invested 0.4% in the stock.

The company now has an insider ownership of 0.28 Percent and Institutional ownership of 74.5 Percent. Evercore downgraded PPL Corporation (NYSE:PPL) on Monday, February 8 to "Hold" rating. Baker Ellis Asset Mgmt Lc reported 0.3% in PPL Corporation (NYSE:PPL). 26,131 are owned by Cetera Advsrs. Hsbc Public Limited Liability Company accumulated 0% or 51,285 shares.

How Active Are PPL Corporation (NYSE:PPL) Shares?

Among 14 analysts covering PPL Corporation (NYSE:PPL), 5 have Buy rating, 1 Sell and 8 Hold. Therefore 80% are positive. PPL was included in 36 notes of analysts from August 5, 2015. The stock has "Outperform" rating by Wolfe Research on Wednesday, September 14. The company presently has an average rating of "Hold" and an average target price of $38.72. KeyCorp restated a "hold" rating on shares of PPL in a report on Friday, October 20th. Finally, Canaccord Genuity reissued a buy rating and issued a $48.00 price objective on shares of PPL in a report on Thursday, November 30th. The firm has "Sell" rating by Goldman Sachs given on Tuesday, January 17. The company was upgraded on Friday, October 30 by Deutsche Bank. Sidoti initiated the shares of UIS in report on Tuesday, March 29 with "Buy" rating. SunTrust maintained PPL Corporation (NYSE:PPL) on Tuesday, December 26 with "Buy" rating. On Thursday, June 1 the stock rating was maintained by BMO Capital Markets with "Buy". Guggenheim reiterated a "hold" rating and issued a $32.00 price target on shares of PPL in a research report on Wednesday, January 3rd.

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