Utilities New Highs: National Grid (NYSE:NGG), PPL Corporation (NYSE:PPL), Brookfield Infrastructure Partners (NYSE:BIP), Dynegy Inc. (NYSE:DYN)

National Grid plc (ADR) (NYSE:NGG) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 1,054,149 shares, a decline of 43.4% from the March 14th total of 1,861,987 shares, Analyst Ratings News reports. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 463,357 shares, the days-to-cover ratio is currently 2.3 days. National Grid plc (ADR) (NYSE:NGG) shares after opening at $71.76 moved to $71.92 on last trade day and at the end of the day closed at $71.88. Company price to sales ratio in past twelve months was calculated as 2.13 and price to cash ratio as 7.34. National Grid plc (ADR) (NYSE:NGG) showed a positive weekly performance of 1.15%.

PPL Corporation (NYSE:PPL) is a reputed energy and utility holding company, which drives its business in the U.S. The President and CEO of the company, William H. Spence, announced the company’s unsatisfactory first quarter report. PPL Corporation (NYSE:PPL) shares advanced 0.88% in last trading session and ended the day on $34.50. PPL return on equity ratio is recorded as 9.70% and its return on assets is 2.50%. PPL Corporation (NYSE:PPL) yearly performance is 11.80%.

Brookfield Infrastructure Partners L.P. (NYSE:BIP)’s share price gapped up prior to trading on Wednesday after TD Securities raised their price target on the stock from $44.00 to $45.00,AnalystRatingsNetwork.com reports. The stock had previously closed at $40.17, but opened at $40.22. Brookfield Infrastructure Partners L.P. shares last traded at $40.62, with a volume of 50,791 shares trading hands. Brookfield Infrastructure Partners L.P. (NYSE:BIP) shares moved up 1.22% in last trading session and was closed at $40.71 while trading in range of $40.32 – $40.82 – Brookfield Infrastructure Partners L.P. (NYSE:BIP) year to date (YTD) performance is 5.17%.

Dynegy Inc. (NYSE:DYN) reported first quarter 2014 consolidated Adjusted EBITDA of $152 million, compared to $43 million for the first quarter 2013. The $109 million increase in Adjusted EBITDA was primarily due to improved spark spreads in the Gas segment, improved energy prices for the Coal segment and the addition of the IPH segment. The Company’s operating income was $1 million for the first quarter 2014 compared to an operating loss of $115 million for the same period in 2013. The net loss attributable to Dynegy Inc. for the first quarter 2014 was $41 million, compared to a net loss of $142 million for the first quarter 2013. Dynegy Inc. (NYSE:DYN) weekly performance is 8.96%. On last trading day company shares ended up $31.00. Dynegy Inc. (NYSE:DYN) distance from 50-day simple moving average (SMA50) is 22.20%. Analysts mean target price for the company is $24.93.

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