Portolan Capital Management Has Decreased Holding in Kapstone Paper And Packaging (KS) by $2.14 Million as Share Price Declined; Ppl Com (PPL) Shareholder Stralem & Co Has Lowered Holding as Market Value Rose

February 15, 2018 - By reb123z

Stralem & Co Inc decreased its stake in Ppl Corp Com (PPL) by 21.5% based on its latest 2017Q3 regulatory filing with the SEC. Stralem & Co Inc sold 152,660 shares as the company’s stock rose 8.95% with the market. The institutional investor held 557,445 shares of the central company at the end of 2017Q3, valued at $21.16M, down from 710,105 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 $20.84 billion market cap company. The stock decreased 1.40% or $0.43 during the last trading session, reaching $30.27. About 4.34 million shares traded. PPL Corporation (NYSE:PPL) has risen 2.43% since February 15, 2017 and is uptrending. It has underperformed by 14.27% the S&P500.

George Mccabe decreased its stake in Kapstone Paper And Packaging Corporation (KS) by 22.87% based on its latest 2017Q3 regulatory filing with the SEC. Portolan Capital Management Llc sold 101,709 shares as the company’s stock declined 13.33% while stock markets rallied. The hedge fund run by George Mccabe held 343,062 shares of the paper company at the end of 2017Q3, valued at $7.37 million, down from 444,771 at the end of the previous reported quarter. Portolan Capital Management Llc who had been investing in Kapstone Paper And Packaging Corporation for a number of months, seems to be less bullish one the $3.35 billion market cap company. The stock increased 0.17% or $0.06 during the last trading session, reaching $34.45. About 1.36 million shares traded. KapStone Paper and Packaging Corporation (NYSE:KS) has risen 45.78% since February 15, 2017 and is uptrending. It has outperformed by 29.08% the S&P500.

Portolan Capital Management Llc, which manages about $535.17M and $838.78M US Long portfolio, upped its stake in Boingo Wireless Inc. (NASDAQ:WIFI) by 47,697 shares to 1.25 million shares, valued at $26.72 million in 2017Q3, according to the filing. It also increased its holding in Ebix Inc. (NASDAQ:EBIX) by 122,221 shares in the quarter, for a total of 188,720 shares, and has risen its stake in Mimecast Limited.

Among 17 analysts covering Kapstone Paper And Packaging Corp. (NYSE:KS), 2 have Buy rating, 2 Sell and 13 Hold. Therefore 12% are positive. Kapstone Paper And Packaging Corp. had 57 analyst reports since August 4, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of KS in report on Friday, September 22 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Friday, August 18. On Tuesday, July 19 the stock rating was upgraded by Dundee Securities to “Buy”. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, July 19. The rating was downgraded by Credit Suisse to “Underperform” on Friday, November 20. BMO Capital Markets upgraded the stock to “Outperform” rating in Thursday, September 22 report. The stock of KapStone Paper and Packaging Corporation (NYSE:KS) has “Hold” rating given on Wednesday, July 26 by KeyBanc Capital Markets. The stock of KapStone Paper and Packaging Corporation (NYSE:KS) earned “Buy” rating by Citigroup on Friday, October 27. The rating was downgraded by Citigroup on Tuesday, January 30 to “Neutral”. The stock has “Neutral” rating by Macquarie Research on Tuesday, November 10.

Among 14 analysts covering PPL Corporation (NYSE:PPL), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. PPL Corporation had 40 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Tuesday, January 17 by Goldman Sachs. The firm earned “Buy” rating on Wednesday, July 19 by Jefferies. The rating was downgraded by Goldman Sachs on Monday, October 19 to “Neutral”. RBC Capital Markets maintained the shares of PPL in report on Sunday, August 20 with “Hold” rating. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, October 18. The stock of PPL Corporation (NYSE:PPL) has “Equal-Weight” rating given on Monday, June 27 by Barclays Capital. The firm earned “Buy” rating on Monday, February 12 by SunTrust. Deutsche Bank upgraded it to “Buy” rating and $36 target in Friday, October 30 report. The stock has “Neutral” rating by Guggenheim on Wednesday, August 10. Macquarie Research downgraded the shares of PPL in report on Tuesday, December 19 to “Underperform” rating.

Investors sentiment decreased to 1.1 in Q3 2017. Its down 0.07, from 1.17 in 2017Q2. It fall, as 37 investors sold PPL 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. Asset Mngmt One Ltd reported 1.22 million shares. Panagora Asset Mngmt has 0.01% invested in PPL Corporation (NYSE:PPL). Paloma Partners Mgmt has invested 0.01% in PPL Corporation (NYSE:PPL). Gofen And Glossberg Ltd Liability Il owns 194,628 shares for 0.27% of their portfolio. Oakbrook Invs Llc reported 0.07% in PPL Corporation (NYSE:PPL). Fifth Third Fincl Bank reported 45,758 shares or 0.01% of all its holdings. Spectrum Mngmt Group Incorporated owns 15,333 shares for 0.19% of their portfolio. Pinebridge Investments Lp invested in 0.03% or 29,951 shares. The Pennsylvania-based Brandywine Investment Mngmt Lc has invested 0% in PPL Corporation (NYSE:PPL). Schnieders Management Limited Company reported 26,295 shares. 1832 Asset Mngmt Ltd Partnership has 0.06% invested in PPL Corporation (NYSE:PPL) for 475,759 shares. Hanson & Doremus Management owns 0.02% invested in PPL Corporation (NYSE:PPL) for 1,306 shares. First Commonwealth Financial Corp Pa reported 15,327 shares. Blair William Com Il invested in 0% or 8,925 shares. Hudock Cap Group Lc invested in 55,623 shares or 0.99% of the stock.

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