Do you value the buying and selling trends of institutional investors? We ran a screen with this idea in mind.
We began by screening the utilities sector for stocks with strong momentum, trading within 5% of their 52-week highs.
We then screened for those with bearish sentiment from institutional investors, with significant net institutional sales over the last quarter representing at least 5% of share float. This indicates that institutional investors such as hedge fund managers and mutual fund managers expect these names to underperform in the future.
For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.
Do you think these stocks are in hot water? Use this list as a starting point for your own analysis.
List sorted by net institutional sales as a percent of share float.
1. Dominion Resources, Inc. (D, Earnings, Analysts, Financials): Engages in producing and transporting energy in the United States. Market cap at $30.64B, most recent closing price at $53.61. The stock is trading 3.83% below its 52-week high. Net institutional sales in the current quarter at -37.3M shares, which represents about 6.53% of the company’s float of 570.87M shares.
2. SCANA Corp. (SCG, Earnings, Analysts, Financials): Engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina. Market cap at $6.28B, most recent closing price at $48.14. The stock is trading 4.79% below its 52-week high. Net institutional sales in the current quarter at -6.7M shares, which represents about 5.71% of the company’s float of 117.33M shares.
3. Brookfield Infrastructure Partners L.P. (BIP, Earnings, Analysts, Financials): Operates in the utilities, transport and energy, and timber sectors. Market cap at $5.21B, most recent closing price at $36.70. The stock is trading 3.24% below its 52-week high. Net institutional sales in the current quarter at -8.9M shares, which represents about 5.48% of the company’s float of 162.40M shares.
4. American Electric Power Co., Inc. (AEP, Earnings, Analysts, Financials): Engages in the generation, transmission, and distribution of electric power to retail customers. Market cap at $20.66B, most recent closing price at $42.61. The stock is trading 2.64% below its 52-week high. Net institutional sales in the current quarter at -25.3M shares, which represents about 5.22% of the company’s float of 484.52M shares.
5. PPL Corporation (PPL, Earnings, Analysts, Financials): Generates and sells electricity; and delivers natural gas to approximately 5.3 million utility customers primarily in the northeastern and northwestern US. Market cap at $16.99B, most recent closing price at $29.29. The stock is trading 2.33% below its 52-week high. Net institutional sales in the current quarter at -29.5M shares, which represents about 5.09% of the company’s float of 579.68M shares.
*Institutional data sourced from Fidelity, all other data sourced from Finviz.
Use Kapitall’s Tools: Looking for ways to analyze this list?
Use this article snapshot as a launch pad (click here for help): Simply click on the links, and use Kapitall’s tab navigation to browse through the data…
Analyze These Ideas: Getting Started
- Read descriptions for all companies mentioned
- Access a performance overview for all stocks in the list
- Compare analyst ratings for the companies mentioned
- Compare analyst ratings to annual returns for stocks mentioned
- Real-Time Opinion: Scan the latest tweets about these companies (feed will open in a new window)
Dig Deeper: Access Company Snapshots, Charts, Filings
- Dominion Resources, Inc. (D, Chart, Download SEC Filings)
- SCANA Corp. (SCG, Chart, Download SEC Filings)
- Brookfield Infrastructure Partners L.P. (BIP, Chart, Download SEC Filings)
- American Electric Power Co., Inc. (AEP, Chart, Download SEC Filings)
- PPL Corporation (PPL, Chart, Download SEC Filings)
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