CTS (CTS) At $28.15 Forms Top; Ppl (PPL) Sellers Increased By 25.7% Their Shorts

April 9, 2018 - By Annabelle Johnson

PPL Corporation (NYSE:PPL) Logo

Ppl Corporation (NYSE:PPL) had an increase of 25.7% in short interest. PPL’s SI was 20.28 million shares in April as released by FINRA. Its up 25.7% from 16.13M shares previously. With 6.22M avg volume, 3 days are for Ppl Corporation (NYSE:PPL)’s short sellers to cover PPL’s short positions. The stock decreased 0.25% or $0.07 during the last trading session, reaching $27.93. About 5.65M shares traded. PPL Corporation (NYSE:PPL) has declined 25.72% since April 9, 2017 and is downtrending. It has underperformed by 37.27% the S&P500.

CTS Corporation (CTS) formed multiple top with $28.99 target or 3.00% above today’s $28.15 share price. CTS Corporation (CTS) has $927.22M valuation. The stock decreased 0.35% or $0.1 during the last trading session, reaching $28.15. About 116,910 shares traded or 22.48% up from the average. CTS Corporation (NYSE:CTS) has risen 22.37% since April 9, 2017 and is uptrending. It has outperformed by 10.82% the S&P500.

Investors sentiment increased to 1.43 in 2017 Q4. Its up 0.28, from 1.15 in 2017Q3. It increased, as 7 investors sold CTS Corporation shares while 35 reduced holdings. 22 funds opened positions while 38 raised stakes. 31.05 million shares or 0.78% more from 30.81 million shares in 2017Q3 were reported. Barclays Public Ltd Company, United Kingdom-based fund reported 6,152 shares. Royal Natl Bank Of Canada holds 29,878 shares or 0% of its portfolio. Alliancebernstein Limited Partnership has invested 0% in CTS Corporation (NYSE:CTS). Public Employees Retirement Association Of Colorado holds 0.04% or 237,223 shares in its portfolio. Covenant Multifamily Offices Lc has 0.01% invested in CTS Corporation (NYSE:CTS). Hutchin Hill L P holds 0.07% or 9,400 shares. Voya Mngmt Ltd Limited Liability Company accumulated 0% or 17,207 shares. Brown Advisory Inc reported 1.47M shares. Strs Ohio stated it has 29,000 shares. Bw Gestao De Investimentos Ltda, Brazil-based fund reported 27,241 shares. Teton Advsr has invested 0.81% of its portfolio in CTS Corporation (NYSE:CTS). Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in CTS Corporation (NYSE:CTS). Arizona State Retirement Sys owns 0.01% invested in CTS Corporation (NYSE:CTS) for 55,359 shares. Stone Ridge Asset Management Limited Liability has 27,622 shares for 0.05% of their portfolio. Wells Fargo Mn holds 73,080 shares or 0% of its portfolio.

Among 2 analysts covering CTS Corp (NYSE:CTS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. CTS Corp had 2 analyst reports since July 29, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, July 29 by Gabelli.

Analysts await CTS Corporation (NYSE:CTS) to report earnings on April, 26. They expect $0.30 earnings per share, up 15.38% or $0.04 from last year’s $0.26 per share. CTS’s profit will be $9.88M for 23.46 P/E if the $0.30 EPS becomes a reality. After $0.39 actual earnings per share reported by CTS Corporation for the previous quarter, Wall Street now forecasts -23.08% negative EPS growth.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. The company has market cap of $19.39 billion. The firm operates in three divisions: U.K. It has a 17.03 P/E ratio. Regulated, Kentucky Regulated, and Pennsylvania Regulated.

Among 14 analysts covering PPL Corporation (NYSE:PPL), 7 have Buy rating, 1 Sell and 6 Hold. Therefore 50% are positive. PPL Corporation had 43 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of PPL Corporation (NYSE:PPL) earned “Sell” rating by Goldman Sachs on Tuesday, January 17. As per Tuesday, November 22, the company rating was downgraded by Bank of America. The stock of PPL Corporation (NYSE:PPL) has “Buy” rating given on Friday, August 4 by Jefferies. Jefferies maintained it with “Buy” rating and $43.5 target in Tuesday, September 5 report. RBC Capital Markets maintained it with “Hold” rating and $33.0 target in Thursday, February 1 report. The firm has “Outperform” rating given on Wednesday, September 14 by Wolfe Research. The company was maintained on Tuesday, January 2 by Guggenheim. As per Thursday, January 18, the company rating was upgraded by Deutsche Bank. Argus Research maintained PPL Corporation (NYSE:PPL) on Thursday, December 31 with “Buy” rating. Goldman Sachs downgraded the shares of PPL in report on Monday, October 19 to “Neutral” rating.

Investors sentiment increased to 1.15 in Q4 2017. Its up 0.05, from 1.1 in 2017Q3. It increased, as 52 investors sold PPL Corporation shares while 213 reduced holdings. 79 funds opened positions while 226 raised stakes. 479.50 million shares or 0.01% less from 479.53 million shares in 2017Q3 were reported. Argyle stated it has 94,875 shares or 1.1% of all its holdings. Fjarde Ap owns 135,393 shares for 0.06% of their portfolio. Glenmede Na invested in 29,833 shares. Amica Mutual Ins invested in 0.11% or 35,660 shares. The Illinois-based Banced Corp has invested 0.82% in PPL Corporation (NYSE:PPL). Buckingham Mgmt owns 60,391 shares or 0.39% of their US portfolio. 589,644 are held by Nordea Ab. Wright Invsts Ser Inc owns 27,218 shares. Omers Administration holds 0.08% or 247,072 shares. Kentucky Retirement Insur Trust Fund has 0.09% invested in PPL Corporation (NYSE:PPL) for 18,143 shares. Newman Dignan And Sheerar accumulated 16,925 shares or 0.26% of the stock. Royal Bank & Trust Of Canada reported 3.26 million shares stake. Bb&T owns 179,460 shares. The Pennsylvania-based Vanguard Gp has invested 0.07% in PPL Corporation (NYSE:PPL). Visionary Asset Mngmt Inc reported 0.68% stake.

PPL Corporation (NYSE:PPL) Institutional Positions Chart