Utilities New Highs: PPL Corporation (NYSE:PPL), Duke Energy (NYSE:DUK), NextEra Energy (NYSE:NEE), CMS Energy Corporation (NYSE:CMS)

Posted by on Apr 19, 2014

PPL (NYSE:PPL) Insider David Decampli unloaded 20,813 shares of the stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $32.63, for a total value of $679,128.19. Following the sale, the insider now directly owns 47,102 shares in the company, valued at approximately $1,536,938. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. PPL Corporation (NYSE:PPL) shares after opening at $33.33 moved to $33.54 on last trade day and at the end of the day closed at $33.14. Company price to sales ratio in past twelve months was calculated as 1.76 and price to cash ratio as 18.97. PPL Corporation (NYSE:PPL) showed a positive weekly performance of 0.36%.

CHARLOTTE, North Carolina Duke Energy Corp (NYSE:DUK) told shareholders Thursday that cleanup costs resulting from its massive coal ash spill into the Dan River won’t have a material effect on the $50 billion company’s bottom line. Duke Energy Corp (NYSE:DUK) shares fell -0.90% in last trading session and ended the day on $72.57. DUK return on equity ratio is recorded as 6.50% and its return on assets is 2.30%. Duke Energy Corp (NYSE:DUK) yearly performance is 3.51%.

NextEra Energy, Inc. (NYSE: NEE) announced that it has been recognized by IR Magazine for having the best Sustainability Practice across all sectors and best Investor Relations program in the utility sector. IR Magazine’s awards are recognized as the leading international awards program honoring excellence and leadership in investor relations. NextEra Energy, Inc. (NYSE:NEE) shares moved down -1.35% in last trading session and was closed at $96.59, while trading in range of $96.55-$98.14. NextEra Energy, Inc. (NYSE:NEE) year to date performance is 13.72%.

Zacks reissued their neutral rating on shares of CMS Energy Corp. (NYSE:CMS) in a research report sent to investors on Wednesday morning, Analyst Ratings News reports. The firm currently has a $31.00 price target on the stock.CMS Energy Corporation (NYSE:CMS) weekly performance is 1.36%. On last trading day company shares ended up $29.78. CMS Energy Corporation (NYSE:CMS) distance from 50-day simple moving average is 4.19%. Analysts mean target price for the company is $30.09.

Leave a Reply

Your email address will not be published. Required fields are marked *