Epoch Investment Partners INC Has Decreased Position in Ppl Corp (PPL) by $160.99 Million

July 17, 2017 - By Marguerite Chambers

Investors sentiment decreased to 0.91 in 2016 Q4. Its down 0.10, from 1.01 in 2016Q3. It dived, as 52 investors sold PPL shares while 256 reduced holdings. 67 funds opened positions while 213 raised stakes. 468.36 million shares or 2.38% more from 457.49 million shares in 2016Q3 were reported. Next Fincl Grp Inc has invested 0% in PPL Corp (NYSE:PPL). Meiji Yasuda Asset Mgmt Ltd, a Japan-based fund reported 19,813 shares. Synovus Finance has invested 0% of its portfolio in PPL Corp (NYSE:PPL). Janney Cap Management Lc holds 7,667 shares. Legal And General Grp Public Ltd accumulated 4.87M shares. Tiverton Asset Mgmt Ltd reported 0.12% in PPL Corp (NYSE:PPL). Moreover, Hussman Strategic Advsr Inc has 0.01% invested in PPL Corp (NYSE:PPL). Tokio Marine Asset Management Ltd holds 0.41% or 105,446 shares in its portfolio. Cwm Ltd Llc reported 663 shares. Moreover, Cornerstone Advsr has 0.02% invested in PPL Corp (NYSE:PPL) for 613 shares. Lombard Odier Asset Mgmt (Europe) reported 9,977 shares stake. Chevy Chase Inc holds 0.1% of its portfolio in PPL Corp (NYSE:PPL) for 572,410 shares. Herndon Capital Mngmt Ltd has 0% invested in PPL Corp (NYSE:PPL) for 730 shares. Neuberger Berman Group Ltd Liability Corporation has invested 0% in PPL Corp (NYSE:PPL). Prudential Fincl has 5.01 million shares for 0.27% of their portfolio.

Epoch Investment Partners Inc decreased its stake in Ppl Corp (PPL) by 27.64% based on its latest 2016Q4 regulatory filing with the SEC. Epoch Investment Partners Inc sold 4.73M shares as the company’s stock rose 8.95% with the market. The institutional investor held 12.39M shares of the central company at the end of 2016Q4, valued at $422.01M, down from 17.13 million at the end of the previous reported quarter. Epoch Investment Partners Inc who had been investing in Ppl Corp for a number of months, seems to be less bullish one the $25.59B market cap company. The stock rose 0.48% or $0.18 reaching $37.54. About 1.04M shares traded. PPL Corp (NYSE:PPL) has risen 2.43% since July 17, 2016 and is uptrending. It has underperformed by 14.27% the S&P500.

Epoch Investment Partners Inc, which manages about $43.62 billion and $26.64B US Long portfolio, upped its stake in Markel Corp (NYSE:MKL) by 7,603 shares to 45,459 shares, valued at $41.12 million in 2016Q4, according to the filing. It also increased its holding in Colliers Intl Group Inc by 228,937 shares in the quarter, for a total of 287,846 shares, and has risen its stake in Chubb Limited.

More notable recent PPL Corp (NYSE:PPL) news were published by: Seekingalpha.com which released: “PPL Corporation In The Garden Portfolio” on July 12, 2017, also Prnewswire.com with their article: “PPL Electric Utilities wins sixth straight JD Power customer satisfaction award” published on July 12, 2017, Seekingalpha.com published: “PPL Corp.: High Yield, But Does It Stack Up To Peers?” on June 19, 2017. More interesting news about PPL Corp (NYSE:PPL) were released by: Prnewswire.com and their article: “How These Electric Utilities Stocks are Performing? — AES Corp., Companhia …” published on July 06, 2017 as well as Nasdaq.com‘s news article titled: “PPL Stock Crowded With Sellers” with publication date: July 11, 2017.

PPL Corp (NYSE:PPL) Ratings Coverage

Among 10 analysts covering PPL Corporation (NYSE:PPL), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. PPL Corporation had 24 analyst reports since August 5, 2015 according to SRatingsIntel. UBS upgraded PPL Corp (NYSE:PPL) rating on Friday, September 18. UBS has “Buy” rating and $33 target. The firm has “Sell” rating given on Tuesday, January 17 by Goldman Sachs. The rating was downgraded by Deutsche Bank on Friday, February 5 to “Hold”. Argus Research maintained the shares of PPL in report on Thursday, December 31 with “Buy” rating. Barclays Capital maintained PPL Corp (NYSE:PPL) rating on Monday, July 18. Barclays Capital has “Equalweight” rating and $42 target. The firm has “Hold” rating by Jefferies given on Thursday, July 14. The firm earned “Buy” rating on Friday, October 30 by Deutsche Bank. The firm has “Neutral” rating by Bank of America given on Tuesday, November 22. The stock of PPL Corp (NYSE:PPL) has “Hold” rating given on Monday, February 8 by Evercore. Jefferies maintained it with “Hold” rating and $37 target in Wednesday, August 10 report.

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