Q1 2018 Sentiment for PPL Corp (NYSE:PPL) at 0.74

June 27, 2018 - By Charla Downs

PPL Corporation (NYSE:PPL) Corporate Logo

Positions for PPL Corp (NYSE:PPL)

“Big money sentiment for PPL Corp (NYSE:PPL) in Q1 2018 decreased to 0.74, according to SEC filings. That’s down -0.41, from 2017Q4’s 1.15. 243 investment professionals increased and opened new stock positions, while 328 reduced and sold stock positions in PPL Corp so the sentiment dropped. These funds own 482.80 million shares, that’s up from 479.50 million shares in 2017Q4. Funds holding PPL 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 Corp stakes.

Most PPL Corp Investors

As of Q1 2018 Stralem & Co Inc has 2.88% invested in PPL Corp. As of Q1 2018, 259,845 shares of PPL Corp are owned by Symons Capital Management Inc. Denali Advisors Llc reported 431,296 shares. Thompson Siegel & Walmsley Llc revealed 5.44 million shares position in PPL Corp. The Florida-based fund Butensky & Cohen Financial Security Inc holds 63,422 shares or 1.57% of their stock exposure.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom.The firm is worth $20.13 billion. The firm operates in three divisions: U.K.The P/E ratio is 16.9. Regulated, Kentucky Regulated, and Pennsylvania Regulated.

The stock increased 0.38% or $0.11 during the last trading session, hitting $28.79.Currently PPL Corporation is downtrending after 31.20% change in last June 27, 2017. PPL has 1.69M shares volume. The stock underperformed the S&P500 by 43.77%.

On August, 2 PPL Corporation (NYSE:PPL)’s earnings release is awaited by WallStreet, according to RTT. Analysts expect change of 1.92 % or $0.01 from previous year’s $0.52 EPS compared to current’s $0.53 EPS. PPL’s profit could hit $370.48 million if the current EPS of $0.53 is accurate. -28.38 % negative EPS growth is what Wall Street’s sees after $0.74 reported EPS last quarter.

Moreover, Fragasso Group Incorporated has 0.33% invested in PPL Corporation (NYSE:PPL). Tci Wealth Advsrs, Arizona-based fund reported 183 shs. Commonwealth Of Pennsylvania Pub School Empls Retrmt System stated it has 62,105 shs or 0.02% of all its holdings. Tarbox Family Office Inc invested in 72 shs or 0% of the stock. Brookstone Cap Mgmt reported 0.55% in PPL Corporation (NYSE:PPL). Eii Cap Management invested in 2,196 shs or 0.04% of the stock. Symons Inc holds 2.23% or 259,845 shs. State Of New Jersey Common Pension Fund D owns 850,000 shs. 135,627 are held by Cambridge Invest Advsr Inc. Spectrum Mgmt Grp has invested 0.03% in PPL Corporation (NYSE:PPL). Kentucky Retirement Sys reported 36,221 shs. Buckhead Llc owns 120,402 shs. Teachers Retirement Systems Of The State Of Kentucky owns 76,900 shs or 0.03% of their US capital. Oregon Public Employees Retirement Fund has 0.03% invested in PPL Corporation (NYSE:PPL) for 73,804 shs. Strategic Advsr Limited Liability Company stated it has 9,990 shs or 0.1% of all its holdings.

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 price target. The average target $33.17 is 15.21% above the last ($28.79) price. Since January 2, 2018 according to StockzIntelligence Inc PPL Corp has 11 analyst reports. On Tuesday, March 6 the company was upgraded by RBC Capital Markets. On Monday, January 8 the firm earned “Buy” rating by SunTrust. On Tuesday, January 2 the rating was maintained by Guggenheim with “Hold”. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, June 13. On Thursday, February 1 the company was maintained by RBC Capital Markets. On Thursday, January 18 the firm earned “Buy” rating by Deutsche Bank. On Friday, February 23 the rating was maintained by SunTrust with “Buy”. On Friday, June 8 UBS maintained PPL Corporation (NYSE:PPL) with “Buy” rating. In Monday, February 12 report SunTrust maintained the stock with “Buy” rating. On Friday, February 23 the stock of PPL Corporation (NYSE:PPL) earned “Buy” rating by UBS.

Another two news for PPL Corporation (NYSE:PPL) were briefly released 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 released on June 03, 2018.

PPL Corporation (NYSE:PPL) Institutional Investors Chart

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