Big Money Sentiment Indicator of PPL Electric Utilities Corp (NYSE:PPL) Falls in Q1 2018 to 0.74

June 27, 2018 - By Toni Killen

PPL Corporation (NYSE:PPL) Corporate Logo

“Big money” Positions

In Q1 2018 PPL Electric Utilities Corp (NYSE:PPL) big money sentiment decreased to 0.74, according to Securities and Exchange Commission filings. So its down -0.41, from 2017Q4’s 1.15. 243 funds increased or opened new stock positions, while 328 reduced and sold their stakes in PPL Electric Utilities Corp so the sentiment turned negative. Funds own 482.80 million shares, up from 479.50 million shares in 2017Q4. Funds holding PPL Electric Utilities Corp in top 10 changed to 1 from 3 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.

Significant PPL Electric Utilities Corp Shareholders

As of Q1 2018 Stralem & Co Inc has 2.88% invested in PPL Electric Utilities Corp. As of Q1 2018, 259,845 shares of PPL Electric Utilities Corp are owned by Symons Capital Management Inc. Also, Denali Advisors Llc reported 431,296 shares in PPL Electric Utilities Corp equivalent to 1.96% of its fund’s portfolio. The Virginia-based fund Thompson Siegel & Walmsley Llc have invested about 1.89% of the active 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 fund’s portfolio.

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

The stock increased 0.28% or $0.08 during the last trading session, reaching $28.76.PPL Corporation has volume of 1.73M shares. Since June 27, 2017 PPL has declined 31.20% and is downtrending. PPL underperformed the S&P500 by 43.77%.

On August, 2 PPL Corporation (NYSE:PPL)’s earnings release is awaited by WallStreet, according to Faxor. Analysts forecast $0.53 earnings per share. That’s $0.01 up or 1.92 % from 2017’s earnings of $0.52. If PPL’s EPS is $0.53 the profit will reach $370.48 million for 13.57 P/E. Wall Street sees -28.38 % negative EPS growth as of August, 2.

Spectrum Management Group Inc Inc holds 0.03% or 2,475 shs in its capital. Bollard Ltd Liability stated it has 361,334 shs or 0.51% of all its holdings. Fil Ltd holds 0.33% of its capital in PPL Corporation (NYSE:PPL) for 4.28M shs. Prelude Cap Mgmt Ltd Liability Corp holds 0.06% or 29,623 shs in its capital. Indiana-based Everence Management Inc has invested 0.18% in PPL Corporation (NYSE:PPL). Moreover, Cibc Markets has 0% invested in PPL Corporation (NYSE:PPL). Synovus Fincl Corp has 5,379 shs. California State Teachers Retirement System accumulated 1.14 million shs. Brookstone Capital invested 0.55% in PPL Corporation (NYSE:PPL). Magellan Asset Mgmt Limited holds 0.06% or 540,862 shs. Court Place Advsr Ltd Liability Corporation reported 17,516 shs stake. Aviva Plc holds 0.06% of its capital in PPL Corporation (NYSE:PPL) for 347,067 shs. Guardian Life Of America stated it has 0.01% in PPL Corporation (NYSE:PPL). Northern invested in 7.69M shs or 0.06% of the stock. Texas Yale Capital Corporation reported 14,520 shs.

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 PT. 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 Tuesday, January 2 the firm has “Hold” rating given by Guggenheim. On Monday, February 12 SunTrust maintained the shares of PPL in report with “Buy” rating. On Friday, June 8 the firm has “Buy” rating given by UBS. On Friday, February 23 the stock of PPL Corporation (NYSE:PPL) has “Buy” rating given by SunTrust. On Friday, February 23 the rating was maintained by UBS with “Buy”. On Monday, January 8 the stock of PPL Corporation (NYSE:PPL) earned “Buy” rating by SunTrust. In Thursday, February 1 report RBC Capital Markets maintained it with “Hold” rating and $33.0 target. On Thursday, January 18 the firm has “Buy” rating given by Deutsche Bank. On Tuesday, March 6 the stock of PPL Corporation (NYSE:PPL) has “Outperform” rating given by RBC Capital Markets. On Wednesday, June 13 Morgan Stanley maintained the shares of PPL in report with “Equal-Weight” rating.

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

PPL Corporation (NYSE:PPL) Institutional Investors Chart

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