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PPL Co. sees major shareholder shifts as Sit Investment adds shares, National Bank of Canada sells off.
Sit Investment Associates increased its PPL Co. stake by 4,385 shares, now owning 362,450 shares.
National Bank of Canada sold 773,291 shares, reducing their holding to $14.61 million.
PPL, providing electricity and natural gas to 3.6 million U.S. customers, reported lower-than-expected Q4 earnings of $0.34 per share and has a dividend yield of 3.16%.
Analysts predict PPL will report 1.83 earnings per share for the year.
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PPL Co. ve importantes cambios de accionistas mientras Sit Investment añade acciones, National Bank of Canada vende.