At This Price, Is It Too Late To Buy PPL Corporation (PPL)?

Stralem & Co Inc sold 152,660 shares as Ppl Corp Com (PPL)'s stock rose 8.95%. 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. The stock has a market capitalization of $21,400.00, a P/E ratio of 14.06, a price-to-earnings-growth ratio of 1.90 and a beta of 0.48. The stock decreased 0.06% or $0.02 during the last trading session, reaching $30.88. About 5.51M shares traded or 8.53% up from the average. PPL Corporation (NYSE:PPL) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. It has underperformed by 14.27% the S&P500. Mycio Wealth Partners Lc reported 249,994 shares. Bluestein R H & Company who had been investing in Bp Plc Sp Adr for a number of months, seems to be bullish on the $136.97B market cap company.

PPL Corporation (NYSE:PPL), stock is trading $40.20 above the 52-week high and has displayed a high EPS growth of 0.70% in last 5 years. The shares were sold at an average price of $34.57, for a total value of $353,685.67. Macy's, Inc. (NYSE:M) has declined 25.46% since January 12, 2017 and is downtrending. It has underperformed by 8.69% the S&P500.

PPL (NYSE:PPL) last posted its earnings results on Wednesday, November 1st. During the same period a year ago, the firm earned $0.43 EPS. PPL's profit would be $337.34 million giving it 15.86 P/E if the $0.49 EPS is correct. The utilities provider reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.03.

Investors sentiment decreased to 0.82 in 2017 Q3. Green Square Capital LLC purchased a new position in shares of PPL in the third quarter worth about $215,000. 41 funds opened positions while 43 raised stakes. (DDR) worth $91.97 million at the end of the most recent reporting period.The investor is now holding 10,744,670 shares thanks to an increase of 1,077,250 new shares in their portfolio. Louisiana State Employees Retirement Systems reported 0.08% of its portfolio in PPL Corporation (NYSE:PPL). Asset Mgmt One holds 0.11% of its portfolio in PPL Corporation (NYSE:PPL) for 1.22M shares. Paloma Mngmt reported 11,829 shares or 0.01% of all its holdings. Thompson Siegel & Walmsley LLC now owns 2,632,511 shares of the utilities provider's stock worth $99,904,000 after purchasing an additional 60,397 shares during the period. Park Avenue Secs Lc owns 6,781 shares. Ppl Corp now has $21.39 billion valuation.

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Matthew Hulsizer increased its stake in Deere & Co (DE) by 100.56% based on its latest 2017Q3 regulatory filing with the SEC. The EPS or earnings per share ratio shows the amount of company earnings that can be attributed to every share that is held.

From another technical standpoint, PPL Corporation (NYSE:PPL)'s 14-day Relative Strength Index (RSI) has reached 27.88, putting it inside a neutral zone. British Columbia Management Corporation, British Columbia - Canada-based fund reported 246,580 shares. Hsbc Public Limited Liability Company accumulated 0% or 51,285 shares. Supplemental Annuity Collective Tru Of Nj holds 0.28% in PPL Corporation (NYSE:PPL) or 17,003 shares. The company's revenue for the quarter was down 2.3% on a year-over-year basis. analysts predict that PPL will post 2.18 earnings per share for the current year. New York-based Millennium Mgmt Ltd Llc has invested 0.26% in PPL Corporation (NYSE:PPL).

PPL (NYSE:PPL)'s stock had its "buy" rating restated by stock analysts at SunTrust Banks in a research note issued on Tuesday, December 26th. Therefore 80% are positive. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover DDR having a buy-equivalent rating. The stock has "Hold" rating by KeyBanc Capital Markets on Wednesday, October 18. PPL has an average rating of Hold and an average price target of $38.72. The firm has "Buy" rating given on Friday, August 4 by Jefferies. Also, the current price highlights a discount of 35.92% to analysts' high consensus price target. (The) downgraded PPL Corporation from a "neutral" rating to a "sell" rating and lowered their target price for the company from $34.00 to $33.00 in a research report on Tuesday, January 17th. The firm has "Underperform" rating by Bank of America given on Tuesday, September 20. Finally, Guggenheim reiterated a hold rating and set a $32.00 target price on shares of PPL in a research note on Wednesday, January 3rd. Jefferies maintained PPL Corporation (NYSE:PPL) on Tuesday, June 20 with "Hold" rating. The firm has "Hold" rating given on Sunday, September 24 by RBC Capital Markets. On Wednesday, July 12 the stock rating was maintained by FBR Capital with "Hold". RBC Capital Markets maintained it with "Buy" rating and $5600 target in Friday, August 4 report.

The Co has positive 20.60% profit margin to find consistent trends in a firm's earnings. The business's quarterly revenue was up 2.9% compared to the same quarter a year ago.

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