UBS Starts PPL (PPL) Coverage with $40.0 Target; Tph Asset Management Has Raised Allete (ALE) Holding

Among 14 analysts covering PPL Corporation (NYSE:PPL), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. PPL Corporation has $43.5000 highest and $31.50 lowest target. $37’s average target is 18.63% above currents $31.19 stock price. PPL Corporation had 39 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by SunTrust with “Buy” on Tuesday, December 26. Jefferies downgraded PPL Corporation (NYSE:PPL) on Thursday, July 14 to “Hold” rating. The rating was upgraded by Deutsche Bank to “Buy” on Thursday, January 18. The firm earned “Hold” rating on Sunday, October 29 by RBC Capital Markets. The stock of PPL Corporation (NYSE:PPL) earned “Neutral” rating by Goldman Sachs on Monday, October 19. The firm has “Buy” rating given on Friday, August 4 by Jefferies. The rating was maintained by Jefferies with “Buy” on Tuesday, September 5. Goldman Sachs downgraded the stock to “Sell” rating in Tuesday, January 17 report. The firm earned “Buy” rating on Tuesday, October 10 by SunTrust. Goldman Sachs upgraded the shares of PPL in report on Monday, June 26 to “Neutral” rating.

Tph Asset Management Llc increased Allete Inc (ALE) stake by 60.86% reported in 2017Q3 SEC filing. Tph Asset Management Llc acquired 9,194 shares as Allete Inc (ALE)’s stock rose 4.01%. The Tph Asset Management Llc holds 24,302 shares with $1.88M value, up from 15,108 last quarter. Allete Inc now has $3.59B valuation. The stock decreased 0.20% or $0.14 during the last trading session, reaching $70.42. About 301,096 shares traded or 20.92% up from the average. ALLETE, Inc. (NYSE:ALE) has risen 26.32% since February 4, 2017 and is uptrending. It has outperformed by 9.62% the S&P500.

Tph Asset Management Llc decreased Select Sector Spdr Tr (XLE) stake by 104,048 shares to 11,303 valued at $774,000 in 2017Q3. It also reduced Targa Res Corp (NYSE:TRGP) stake by 80,014 shares and now owns 484,654 shares. Enterprise Prods Partners L (NYSE:EPD) was reduced too.

Investors sentiment decreased to 0.98 in Q3 2017. Its down 0.33, from 1.31 in 2017Q2. It dropped, as 23 investors sold ALE shares while 80 reduced holdings. 27 funds opened positions while 74 raised stakes. 36.24 million shares or 3.35% more from 35.07 million shares in 2017Q2 were reported. Eaton Vance Mgmt holds 35,270 shares or 0.01% of its portfolio. 4,115 are held by Fortaleza Asset. Piermont Inc accumulated 0.77% or 30,140 shares. Rhumbline Advisers holds 108,522 shares. Illinois-based Balyasny Asset Mgmt Ltd Liability Corporation has invested 0% in ALLETE, Inc. (NYSE:ALE). Keybank Association Oh holds 16,915 shares. Aperio Group Lc holds 23,717 shares. Piedmont Inv Advsr Limited Company holds 0.02% or 11,078 shares. Polaris Cap Mngmt Ltd Liability has invested 2.06% of its portfolio in ALLETE, Inc. (NYSE:ALE). California State Teachers Retirement Systems accumulated 81,977 shares. 245,336 were reported by Aristotle Capital Boston Ltd Liability Corporation. Eagle Boston Invest reported 203,885 shares stake. Hudock Gp Limited owns 1,200 shares. Coldstream Management Inc holds 0.03% or 3,142 shares in its portfolio. Deutsche Retail Bank Ag invested in 85,117 shares or 0% of the stock.

Among 8 analysts covering ALLETE Inc (NYSE:ALE), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. ALLETE Inc had 16 analyst reports since October 15, 2015 according to SRatingsIntel. The firm has “Underweight” rating given on Thursday, October 12 by JP Morgan. The rating was downgraded by Wunderlich on Monday, October 19 to “Hold”. The stock of ALLETE, Inc. (NYSE:ALE) earned “Underweight” rating by JP Morgan on Wednesday, November 15. Guggenheim maintained ALLETE, Inc. (NYSE:ALE) on Tuesday, January 2 with “Hold” rating. The company was initiated on Thursday, October 15 by Wells Fargo. The firm has “Hold” rating given on Thursday, October 19 by KeyBanc Capital Markets. The stock of ALLETE, Inc. (NYSE:ALE) earned “Neutral” rating by Macquarie Research on Friday, November 4. Wunderlich upgraded it to “Buy” rating and $55 target in Tuesday, December 8 report. The rating was downgraded by Williams Capital Group on Thursday, October 12 to “Hold”. JP Morgan maintained ALLETE, Inc. (NYSE:ALE) rating on Wednesday, March 30. JP Morgan has “Underweight” rating and $54 target.

Analysts await PPL Corporation (NYSE:PPL) to report earnings on February, 7. They expect $0.49 EPS, down 18.33% or $0.11 from last year’s $0.6 per share. PPL’s profit will be $337.34 million for 15.91 P/E if the $0.49 EPS becomes a reality. After $0.56 actual EPS reported by PPL Corporation for the previous quarter, Wall Street now forecasts -12.50% negative EPS growth.

The stock decreased 0.13% or $0.04 during the last trading session, reaching $31.19. About 5.09M shares traded. PPL Corporation (NYSE:PPL) has risen 2.43% since February 4, 2017 and is uptrending. It has underperformed by 14.27% the S&P500.

Investors sentiment decreased to 1.1 in 2017 Q3. Its down 0.07, from 1.17 in 2017Q2. It worsened, as 37 investors sold PPL Corporation shares while 222 reduced holdings. 58 funds opened positions while 226 raised stakes. 479.53 million shares or 0.81% more from 475.65 million shares in 2017Q2 were reported. Argi Investment Svcs Limited Liability invested in 0.18% or 68,996 shares. Envestnet Asset Mgmt Inc owns 266,818 shares for 0.02% of their portfolio. Qs Limited Liability Company reported 273,985 shares. Brick Kyle owns 7,825 shares for 0.24% of their portfolio. Exxonmobil Invest Mngmt Tx accumulated 124,758 shares. First Trust L P reported 2.58 million shares. Putnam Invs Limited Liability Corp, a Massachusetts-based fund reported 138,856 shares. 474 were reported by Greenleaf. Ny State Teachers Retirement System owns 1.02M shares for 0.1% of their portfolio. Cordasco Fin Network stated it has 0.58% of its portfolio in PPL Corporation (NYSE:PPL). 402,581 were accumulated by Commerce Fincl Bank. Tortoise Limited Liability Company has invested 0% in PPL Corporation (NYSE:PPL). 237,074 are held by Pggm Investments. Signaturefd Lc has invested 0.03% in PPL Corporation (NYSE:PPL). Alliancebernstein Lp stated it has 1.16M shares.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. The company has market cap of $21.47 billion. The firm operates in three divisions: U.K. It has a 14.12 P/E ratio. Regulated, Kentucky Regulated, and Pennsylvania Regulated.