Capital Investment Advisors Has Trimmed Its Interpublic Group (IPG) Holding, 3 Analysts Bullish PPL (PPL)

July 18, 2017 - By Kurt Siggers

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. Argus Research maintained the stock with “Buy” rating in Thursday, December 31 report. The firm earned “Neutral” rating on Monday, June 26 by Goldman Sachs. The firm has “Neutral” rating given on Tuesday, November 22 by Bank of America. The stock of PPL Corp (NYSE:PPL) earned “Outperform” rating by Wolfe Research on Wednesday, September 14. As per Tuesday, January 17, the company rating was downgraded by Goldman Sachs. The stock has “Buy” rating by Deutsche Bank on Friday, October 30. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, June 27. The rating was downgraded by Evercore to “Hold” on Monday, February 8. The firm has “Hold” rating given on Friday, February 5 by Deutsche Bank. Barclays Capital maintained PPL Corp (NYSE:PPL) rating on Monday, July 18. Barclays Capital has “Equalweight” rating and $42 target. See PPL Corp (NYSE:PPL) latest ratings:

23/06/2017 Broker: Barclays Capital Rating: Hold New Target: $42.0000
20/06/2017 Broker: Jefferies Rating: Hold New Target: $39.5000 Maintain
26/06/2017 Broker: Goldman Sachs Old Rating: Sell New Rating: Neutral Old Target: $33 Upgrade
12/04/2017 Broker: Deutsche Bank Rating: Hold Old Target: $36.00 New Target: $38.00 Target Up

Capital Investment Advisors Llc decreased Interpublic Group (IPG) stake by 75.7% reported in 2016Q4 SEC filing. Capital Investment Advisors Llc sold 66,436 shares as Interpublic Group (IPG)’s stock declined 0.78%. The Capital Investment Advisors Llc holds 21,332 shares with $499,000 value, down from 87,768 last quarter. Interpublic Group now has $9.91B valuation. The stock increased 0.77% or $0.19 on July 17, reaching $24.89. About shares traded. Interpublic Group of Companies Inc (NYSE:IPG) has risen 3.01% since July 18, 2016 and is uptrending. It has underperformed by 13.69% the S&P500.

Investors sentiment decreased to 0.91 in Q4 2016. Its down 0.10, from 1.01 in 2016Q3. It is negative, as 52 investors sold PPL Corp 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. Tcw Grp Inc Incorporated owns 50,150 shares or 0.01% of their US portfolio. Alexandria Capital Ltd Liability Com accumulated 696 shares or 0.01% of the stock. Fred Alger Management stated it has 0% in PPL Corp (NYSE:PPL). Pictet Asset Mngmt holds 0.71% or 5.61M shares. Allianz Asset Ag holds 0.01% or 453,529 shares. Wilbanks Smith And Thomas Asset Mngmt Llc owns 9,474 shares. Moreover, Natixis has 0.03% invested in PPL Corp (NYSE:PPL). Homrich And Berg holds 0.03% or 8,164 shares. Zeke Capital Advsr holds 0.06% of its portfolio in PPL Corp (NYSE:PPL) for 5,996 shares. Deutsche Savings Bank Ag owns 0.05% invested in PPL Corp (NYSE:PPL) for 1.74M shares. Iowa State Bank stated it has 0.22% of its portfolio in PPL Corp (NYSE:PPL). Utd Automobile Association reported 0.22% of its portfolio in PPL Corp (NYSE:PPL). Hanson & Doremus Investment Mngmt reported 306 shares. Creative Planning holds 0.02% of its portfolio in PPL Corp (NYSE:PPL) for 77,010 shares. Northwestern Mutual Wealth Co has invested 0.01% in PPL Corp (NYSE:PPL).

PPL Corporation is a utility holding company. The company has market cap of $25.95 billion. Through its subsidiaries, PPL delivers electricity to clients in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to clients in Kentucky, and generates electricity from power plants in Kentucky. It has a 14.07 P/E ratio. PPL operates through U.K.

The stock increased 0.83% or $0.31 on July 17, reaching $37.67. About shares traded. PPL Corp (NYSE:PPL) has risen 2.43% since July 18, 2016 and is uptrending. It has underperformed by 14.27% the S&P500.

Capital Investment Advisors Llc increased Blackrock Ltd Duration (NYSE:BLW) stake by 20,090 shares to 252,885 valued at $3.84 million in 2016Q4. It also upped Qualcomm Inc (NASDAQ:QCOM) stake by 38,997 shares and now owns 109,646 shares. Nike Inc Class B (NYSE:NKE) was raised too.

Among 14 analysts covering Interpublic Group of Companies (NYSE:IPG), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Interpublic Group of Companies had 23 analyst reports since September 7, 2015 according to SRatingsIntel. Jefferies maintained the shares of IPG in report on Monday, June 26 with “Buy” rating. The firm earned “Top Pick” rating on Friday, January 6 by RBC Capital Markets. Morgan Stanley downgraded the shares of IPG in report on Thursday, January 5 to “Equal-Weight” rating. Pivotal Research maintained Interpublic Group of Companies Inc (NYSE:IPG) rating on Wednesday, October 21. Pivotal Research has “Hold” rating and $24 target. The rating was maintained by BMO Capital Markets on Thursday, July 13 with “Buy”. Morgan Stanley upgraded it to “Overweight” rating and $27 target in Friday, December 18 report. Telsey Advisory Group maintained Interpublic Group of Companies Inc (NYSE:IPG) rating on Thursday, October 22. Telsey Advisory Group has “Outperform” rating and $27.50 target. As per Thursday, April 13, the company rating was maintained by Wells Fargo. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, April 12. Pivotal Research downgraded it to “Hold” rating and $26 target in Thursday, January 12 report.

Analysts await Interpublic Group of Companies Inc (NYSE:IPG) to report earnings on July, 25 before the open. They expect $0.34 earnings per share, up 3.03% or $0.01 from last year’s $0.33 per share. IPG’s profit will be $135.37 million for 18.30 P/E if the $0.34 EPS becomes a reality. After $0.05 actual earnings per share reported by Interpublic Group of Companies Inc for the previous quarter, Wall Street now forecasts 580.00% EPS growth.

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