21 Nov

Institutional Activity in PPL Stock in 3Q17

WRITTEN BY Vineet Kulkarni

Institutional investors in PPL

According to a recent report, the top institutional investors in PPL (PPL) added big positions in 3Q17. The Vanguard Group added net 1.08 million shares and held a 7.2% stake in PPL at the end of 3Q17.

BlackRock Institutional Trust, the second-largest institutional investor in PPL, held 5.6% of PPL’s total outstanding shares at the end of 3Q17.

Institutional Activity in PPL Stock in 3Q17

Markedly, the top five institutional investors in PPL all increased their stakes in the utility in 3Q17.

Fidelity Management and Research Company sold net 1.65 million shares of PPL during 3Q17. It held 2.17% of its total outstanding shares.

You can learn more about institutional investors’ holdings in top Utilities (XLU) in 3Q17 in Institutional Activity in the Top S&P 500 Utilities in 3Q17

Latest articles

Yesterday, Pershing Square Capital Management filed its 13F. In the third quarter, Berkshire Hathaway (BRK-B) (BRK-A) was Bill Ackman's only buy.

After Aurora Cannabis's Q1 earnings release on Thursday, its stock closed at $3.29 on the NYSE, 7.32% lower than the previous day.

Beyond Meat stock rose 1.8% on November 14 after Berenberg initiated coverage on it with a “buy” rating. Berenberg gave it a price target of $100.

With a year-to-date return of 21.9%, JetBlue Airways (JBLU) stock is one of the airline industry's top performers. Here are analysts' views on the stock.

In today’s Get Real, we saw Facebook's latest scandal, a new deal for Netflix, and AMD's game plan. Plus, a trader's guide to the commodities market.

JD.com (JD) shares are trading close to 3% higher in early market trading. The company announced its third-quarter results today.