Utilities Touched New Highs: PPL Corporation (NYSE:PPL), NRG Energy (NYSE:NRG), Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH), Dynegy (NYSE:DYN), UGI Corp (NYSE:UGI)

Posted by on Jun 02, 2014

PPL Corporation (NYSE:PPL)’s top executive announced on May 21, 2014 that the company is planning to take crucial and strategic action to increase the dividend to the shareholders. The company announced to take such positive action during PPL’s annual meeting in Derby, England. PPL Corporation (NYSE:PPL) net profit margin is 9.70% and weekly performance is 4.53%. On last trading day company shares ended up $35.09. Analysts mean target price for the company is $35.59. PPL Corporation (NYSE:PPL) distance from 50-day simple moving average (SMA50) is 5.41%.

Power company NRG Energy (NYSE:NRG) moved up the ranks of top U.S. electricity sellers in North America, according to a report released Friday from Platts, an energy information provider. The New Jersey-based NRG Energy (NYSE:NRG) power and energy company moved to the No. 3 spot among top sellers of wholesale electricity, up from 14th a year earlier, Platts said. NRG Energy Inc (NYSE:NRG) shares advanced 0.25% in last trading session and ended the day on $35.64. NRG Gross Margin is 28.30% and its return on assets is -1.30%. NRG Energy Inc (NYSE:NRG) quarterly performance is 23.11%.

Stock analysts at RBC Capital lifted their price objective on shares of Cheniere Energy Partners LP Holdings LLC (NYSE:CQH) from $25.00 to $29.00 in a report issued on Monday. RBC Capital’s target price indicates a potential upside of 8.37% from the company’s current price. Separately, analysts at Credit Suisse initiated coverage on shares of Cheniere Energy Partners LP Holdings in a research note on Wednesday, April 30th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) shares moved up 11.50% in last trading session and was closed at $26.76, while trading in range of $24.14 – $27.15. Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) year to date (YTD) performance is 42.45%.

Dynegy Inc (NYSE:DYN) major shareholder Franklin Resources Inc unloaded 150,000 shares of Dynegy stock on the open market in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $32.56, for a total value of $4,884,000.00. Dynegy Inc. (NYSE:DYN) ended the last trading day at $33.70. Company weekly volatility is calculated as 2.06% and price to cash ratio as 3.40. Dynegy Inc. (NYSE:DYN) showed a positive weekly performance of 6.07%.

TheStreet Quant Ratings rates UGI Corp (NYSE:UGI) as a buy. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, robust revenue growth, notable return on equity and compelling growth in net income. UGI Corp (NYSE:UGI) net profit margin is 4.20% and weekly performance is 1.48%. On last trading day company shares ended up $48.67. Analysts mean target price for the company is $47.00. UGI Corp (NYSE:UGI) distance from 50-day simple moving average (SMA50) is 5.31%.

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