CoStar Group, Inc. (CSGP)’s President and CEO Andrew Florance Unloaded 24,821 Shares of the Company; PPL Electric Utilities (PPL) Sentiment Is 1.15

CoStar Group, Inc. (NASDAQ:CSGP) Logo

PPL Electric Utilities Corp (PPL) investors sentiment increased to 1.15 in Q4 2017. It’s up 0.05, from 1.1 in 2017Q3. The ratio is more positive, as 305 investment professionals opened new and increased positions, while 265 decreased and sold equity positions in PPL Electric Utilities Corp. The investment professionals in our database now have: 479.50 million shares, down from 479.53 million shares in 2017Q3. Also, the number of investment professionals holding PPL Electric Utilities Corp in top ten positions decreased from 4 to 3 for a decrease of 1. Sold All: 52 Reduced: 213 Increased: 226 New Position: 79.

PPL Corporation (NYSE:PPL) Ratings Coverage

Ratings analysis reveals 0 of PPL Corp’s analysts are positive. Out of 2 Wall Street analysts rating PPL Corp, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. PPL was included in 2 notes of analysts from November 22, 2016. The rating was downgraded by Goldman Sachs to “Sell” on Tuesday, January 17. Bank of America downgraded the stock to “Neutral” rating in Tuesday, November 22 report.

Analysts await PPL Corporation (NYSE:PPL) to report earnings on May, 3 before the open. They expect $0.68 EPS, up 9.68% or $0.06 from last year’s $0.62 per share. PPL’s profit will be $472.10M for 10.70 P/E if the $0.68 EPS becomes a reality. After $0.55 actual EPS reported by PPL Corporation for the previous quarter, Wall Street now forecasts 23.64% EPS growth.

The stock increased 0.34% or $0.1 during the last trading session, reaching $29.1. About 9.18M shares traded or 38.56% up from the average. PPL Corporation (PPL) has declined 25.72% since May 1, 2017 and is downtrending. It has underperformed by 37.27% the S&P500.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. The company has market cap of $20.20 billion. The firm operates in three divisions: U.K. It has a 17.74 P/E ratio. Regulated, Kentucky Regulated, and Pennsylvania Regulated.

Stralem & Co Inc holds 2.74% of its portfolio in PPL Corporation for 521,940 shares. Denali Advisors Llc owns 464,896 shares or 2.23% of their US portfolio. Moreover, Dynamic Capital Management Ltd has 1.77% invested in the company for 166,469 shares. The Pennsylvania-based Wheatland Advisors Inc has invested 1.65% in the stock. Butensky & Cohen Financial Security Inc, a Florida-based fund reported 58,367 shares.

CoStar Group, Inc. provides information, analytics, and online marketplace to the commercial real estate industry in North America and internationally. The company has market cap of $13.34 billion. The firm offers CoStar Property Professional service that provides inventory of office, industrial, retail, and multifamily properties and land. It has a 100.18 P/E ratio. It also provides CoStar COMPS Professional, which covers comparable commercial real estate sales information; CoStar Tenant, an online business-to-business prospecting and analytical tool; CoStarGo, an iPad application; CoStar Market Analytics, an analytics platform; CoStar Lease Comps, an integrated solution that captures, manages, maintains, and analyzes lease data; CoStar Advertising to market a space for lease or a property for sale; and CoStar Portfolio Strategy to meet the research needs of commercial real estate owners, investors, lenders, and government regulators.

Among 12 analysts covering CoStar Group (NASDAQ:CSGP), 10 have Buy rating, 2 Sell and 0 Hold. Therefore 83% are positive. CoStar Group has $43500 highest and $226 lowest target. $356.92’s average target is -2.66% below currents $366.66 stock price. CoStar Group had 22 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, January 18 by Wells Fargo. The stock of CoStar Group, Inc. (NASDAQ:CSGP) earned “Buy” rating by Citigroup on Tuesday, December 20. The stock of CoStar Group, Inc. (NASDAQ:CSGP) earned “Buy” rating by Needham on Monday, August 22. The company was maintained on Friday, October 20 by SunTrust. Needham maintained it with “Buy” rating and $325.0 target in Thursday, October 26 report. As per Tuesday, April 24, the company rating was maintained by JMP Securities. The rating was downgraded by Zacks on Wednesday, August 12 to “Hold”. The stock of CoStar Group, Inc. (NASDAQ:CSGP) earned “Buy” rating by Bank of America on Thursday, October 5. The firm earned “Sell” rating on Tuesday, December 12 by J.P. Morgan. The stock of CoStar Group, Inc. (NASDAQ:CSGP) earned “Buy” rating by Stephens on Wednesday, January 24.

The stock decreased 0.67% or $2.46 during the last trading session, reaching $366.66. About 181,209 shares traded. CoStar Group, Inc. (NASDAQ:CSGP) has risen 72.55% since May 1, 2017 and is uptrending. It has outperformed by 61.00% the S&P500.

Since February 27, 2018, it had 0 insider buys, and 6 selling transactions for $36.80 million activity. 1,150 CoStar Group, Inc. (NASDAQ:CSGP) shares with value of $415,472 were sold by Hill John W. 1,250 shares were sold by Wheeler Scott T, worth $442,113. 7,921 shares valued at $2.76M were sold by Linnington Matthew on Friday, March 2. 3,000 shares were sold by KLEIN MICHAEL R, worth $1.08M on Thursday, March 22. CARCHEDI FRANCIS had sold 12,100 shares worth $4.31M on Wednesday, March 7. FLORANCE ANDREW C sold $27.79 million worth of CoStar Group, Inc. (NASDAQ:CSGP) on Tuesday, February 27.

The President and CEO of Costar Group Inc, Andrew Florance has made a sudden sale in the Dc-based Costar Group Inc that is having a total value $9,209,313 USD. As exposed in the Security Exchange Commission public document filed on 30-04-2018, Andrew unloaded 24,821 shares based on an average price-per-share of $371.0. This sell was pretty significant, so clearly it won’t go unnoticed. At the moment, he holds 119,831 shares or roughly 0.33% of the company’s market cap.

CoStar Group, Inc. (NASDAQ:CSGP) Institutional Positions Chart