Biogen Idec (BIIB) Shareholder Moreno Evelyn V Has Cut Stake as Market Valuation Declined; Ppl Com (PPL) Share Price Declined While Stralem & Co Has Trimmed Stake

April 25, 2018 - By Steve Bissell

Biogen Inc. (NASDAQ:BIIB) Logo

Moreno Evelyn V decreased its stake in Biogen Idec Inc (BIIB) by 5.59% based on its latest 2017Q4 regulatory filing with the SEC. Moreno Evelyn V sold 1,145 shares as the company’s stock declined 17.01% with the market. The institutional investor held 19,320 shares of the biological products (no diagnostic substances) company at the end of 2017Q4, valued at $6.15M, down from 20,465 at the end of the previous reported quarter. Moreno Evelyn V who had been investing in Biogen Idec Inc for a number of months, seems to be less bullish one the $55.46B market cap company. The stock increased 1.10% or $2.85 during the last trading session, reaching $262.15. About 3.41M shares traded or 92.65% up from the average. Biogen Inc. (NASDAQ:BIIB) has declined 3.66% since April 25, 2017 and is downtrending. It has underperformed by 15.21% the S&P500.

Stralem & Co Inc decreased its stake in Ppl Corp Com (PPL) by 6.37% based on its latest 2017Q4 regulatory filing with the SEC. Stralem & Co Inc sold 35,505 shares as the company’s stock declined 10.38% with the market. The institutional investor held 521,940 shares of the central company at the end of 2017Q4, valued at $16.15 million, down from 557,445 at the end of the previous reported quarter. Stralem & Co Inc who had been investing in Ppl Corp Com for a number of months, seems to be less bullish one the $19.79 billion market cap company. The stock increased 1.50% or $0.42 during the last trading session, reaching $28.5. About 5.75 million shares traded. PPL Corporation (NYSE:PPL) has declined 25.72% since April 25, 2017 and is downtrending. It has underperformed by 37.27% the S&P500.

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 rating was maintained by RBC Capital Markets on Sunday, August 20 with “Hold”. SunTrust maintained PPL Corporation (NYSE:PPL) on Monday, January 8 with “Buy” rating. RBC Capital Markets maintained it with “Hold” rating and $38.0 target in Sunday, October 29 report. The firm has “Buy” rating given on Friday, February 23 by SunTrust. The stock of PPL Corporation (NYSE:PPL) earned “Buy” rating by UBS on Friday, September 18. The stock of PPL Corporation (NYSE:PPL) has “Neutral” rating given on Wednesday, August 10 by Guggenheim. The rating was downgraded by Jefferies to “Hold” on Thursday, July 14. RBC Capital Markets maintained PPL Corporation (NYSE:PPL) on Sunday, September 24 with “Hold” rating. The firm has “Hold” rating given on Wednesday, October 18 by KeyBanc Capital Markets. The company was downgraded on Monday, June 27 by Barclays Capital.

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.05, from 1.1 in 2017Q3. It is positive, as 52 investors sold PPL 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. Us Natl Bank De reported 175,357 shares. Sg Americas Limited Liability Com accumulated 0.07% or 258,184 shares. Hsbc Hldgs Public Limited has 0.04% invested in PPL Corporation (NYSE:PPL) for 1.00 million shares. Shell Asset Mgmt owns 108,694 shares. Thrivent For Lutherans invested in 0.01% or 70,056 shares. Intrust Bancorporation Na holds 0.08% in PPL Corporation (NYSE:PPL) or 8,290 shares. Schafer Cullen Cap Mngmt holds 0.24% or 677,990 shares. Goelzer Management reported 116,547 shares stake. Cap Research Glob Investors accumulated 1.52 million shares. Moody Savings Bank Division reported 12,025 shares. Patten Grp Inc invested in 203 shares. Korea Investment stated it has 0.04% of its portfolio in PPL Corporation (NYSE:PPL). Wealthtrust Axiom Ltd Com accumulated 9,385 shares. Supplemental Annuity Collective Tru Of Nj invested 0.22% of its portfolio in PPL Corporation (NYSE:PPL). Tiaa Cref Invest Limited Liability Corporation stated it has 1.88M shares.

Analysts await PPL Corporation (NYSE:PPL) to report earnings on May, 3 before the open. They expect $0.68 earnings per share, up 9.68% or $0.06 from last year’s $0.62 per share. PPL’s profit will be $472.11M for 10.48 P/E if the $0.68 EPS becomes a reality. After $0.55 actual earnings per share reported by PPL Corporation for the previous quarter, Wall Street now forecasts 23.64% EPS growth.

Since January 9, 2018, it had 0 insider buys, and 5 sales for $2.87 million activity. On Tuesday, January 9 the insider PANGIA ROBERT W sold $1.92M.

Investors sentiment increased to 1.17 in Q4 2017. Its up 0.04, from 1.13 in 2017Q3. It increased, as 46 investors sold BIIB shares while 305 reduced holdings. 105 funds opened positions while 305 raised stakes. 180.65 million shares or 0.28% less from 181.16 million shares in 2017Q3 were reported. Bbva Compass Bancorporation invested in 0.1% or 4,843 shares. Shell Asset Mngmt holds 0.15% in Biogen Inc. (NASDAQ:BIIB) or 23,674 shares. Tower Rech Cap Lc (Trc) owns 1,253 shares. Deroy & Devereaux Private Invest Counsel accumulated 0.03% or 1,000 shares. Ancora Advsr Limited Liability invested in 6,235 shares or 0.11% of the stock. Kazazian Asset Mgmt Llc stated it has 9,229 shares or 3% of all its holdings. Apg Asset Management Nv accumulated 519,030 shares. Putnam Investments Ltd Liability Co accumulated 799,372 shares or 0.57% of the stock. 5.11 million are held by Wellington Mgmt Grp Ltd Liability Partnership. Connable Office has 0.39% invested in Biogen Inc. (NASDAQ:BIIB). Captrust Financial Advsrs stated it has 0.01% in Biogen Inc. (NASDAQ:BIIB). Factory Mutual holds 0.6% or 181,000 shares in its portfolio. Kcm Invest Ltd Liability Corporation holds 0.08% or 4,359 shares in its portfolio. Centurylink Investment Management Communication has invested 0.57% in Biogen Inc. (NASDAQ:BIIB). Samlyn Capital Limited reported 334,114 shares.

PPL Corporation (NYSE:PPL) Institutional Positions Chart

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