Vectren (VVC) Stock “Hold” Rating Reaffirmed at Wells Fargo; The PT is Set to $58.0; Eli Lilly & Company (LLY) SI Increased By 15.14%

February 14, 2018 - By Linda Rogers

Among 5 analysts covering Vectren Corp (NYSE:VVC), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Vectren Corp has $75 highest and $53 lowest target. $66.50’s average target is 6.23% above currents $62.6 stock price. Vectren Corp had 10 analyst reports since September 5, 2015 according to SRatingsIntel. The rating was upgraded by Zacks to “Hold” on Saturday, September 5. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, October 18. The stock has “Buy” rating by Guggenheim on Monday, January 9. Citigroup maintained it with “Neutral” rating and $53 target in Wednesday, July 27 report. The firm has “Buy” rating given on Wednesday, December 14 by Citigroup. As per Monday, November 20, the company rating was maintained by Citigroup. Wells Fargo maintained the stock with “Hold” rating in Tuesday, February 13 report. The company was downgraded on Wednesday, April 19 by KeyBanc Capital Markets. On Thursday, January 12 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. The stock has “Neutral” rating by Guggenheim on Tuesday, January 2.

Eli Lilly & Company (NYSE:LLY) had an increase of 15.14% in short interest. LLY’s SI was 12.96M shares in February as released by FINRA. Its up 15.14% from 11.25M shares previously. With 2.84M avg volume, 5 days are for Eli Lilly & Company (NYSE:LLY)’s short sellers to cover LLY’s short positions. The SI to Eli Lilly & Company’s float is 1.4%. The stock decreased 0.05% or $0.04 during the last trading session, reaching $76.21. About 4.04 million shares traded. Eli Lilly and Company (NYSE:LLY) has risen 4.70% since February 14, 2017 and is uptrending. It has underperformed by 12.00% the S&P500.

Analysts await Vectren Corporation (NYSE:VVC) to report earnings on February, 28. They expect $0.80 EPS, down 4.76% or $0.04 from last year’s $0.84 per share. VVC’s profit will be $66.40M for 19.56 P/E if the $0.80 EPS becomes a reality. After $0.75 actual EPS reported by Vectren Corporation for the previous quarter, Wall Street now forecasts 6.67% EPS growth.

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.03, from 1.11 in 2017Q2. It is positive, as 20 investors sold Vectren Corporation shares while 92 reduced holdings. 42 funds opened positions while 86 raised stakes. 51.91 million shares or 0.13% less from 51.98 million shares in 2017Q2 were reported. Dekabank Deutsche Girozentrale holds 0% of its portfolio in Vectren Corporation (NYSE:VVC) for 3,800 shares. State Of Wisconsin Invest Board holds 16,929 shares or 0% of its portfolio. Lpl Ltd Llc reported 0% of its portfolio in Vectren Corporation (NYSE:VVC). France-based Credit Agricole S A has invested 0% in Vectren Corporation (NYSE:VVC). 29,037 are held by Price T Rowe Md. Chemical Bank holds 0.04% of its portfolio in Vectren Corporation (NYSE:VVC) for 5,570 shares. First Comml Bank Sioux Falls invested in 5,478 shares. Vanguard Gp has invested 0.02% in Vectren Corporation (NYSE:VVC). Gemmer Asset Mgmt Ltd Liability Corp has invested 0% in Vectren Corporation (NYSE:VVC). Spectrum Mngmt Gp Inc Inc owns 300 shares for 0.01% of their portfolio. Sei Invests holds 0% or 11,014 shares. Creative Planning reported 0% in Vectren Corporation (NYSE:VVC). Johnson Investment Counsel Inc accumulated 5,871 shares. Cadence Cap Limited Co reported 3,507 shares. Opus Inv Incorporated holds 45,600 shares or 0.54% of its portfolio.

Vectren Corporation provides energy delivery services to residential, commercial, and industrial and other contract customers. The company has market cap of $5.20 billion. The firm offers natural gas distribution and transportation services, and electric transmission and distribution services; and owns and operates coal-fired, natural gas or oil-fired, and landfill gas electric generating facilities with an installed generating capacity of 1,248 megawatts. It has a 23.14 P/E ratio. The Company’s electric transmission system consists of approximately 1,000 circuit miles of 345, 138, and 69 kilovolt lines, and 34 substations; and distribution system comprises 4,558 circuit miles of lower voltage overhead lines and 436 trench miles of conduit containing 2,386 circuit miles of underground distribution cable, as well as 86 distribution substations and 55,000 distribution transformers.

The stock increased 0.13% or $0.08 during the last trading session, reaching $62.6. About 593,752 shares traded or 39.66% up from the average. Vectren Corporation (NYSE:VVC) has risen 24.08% since February 14, 2017 and is uptrending. It has outperformed by 7.38% the S&P500.

Among 20 analysts covering Eli Lilly and Company (NYSE:LLY), 11 have Buy rating, 2 Sell and 7 Hold. Therefore 55% are positive. Eli Lilly and Company had 95 analyst reports since July 23, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Monday, July 17 report. The firm earned “Neutral” rating on Friday, November 25 by Atlantic Securities. On Friday, December 16 the stock rating was upgraded by Morgan Stanley to “Overweight”. Atlantic Securities initiated the stock with “Overweight” rating in Friday, December 18 report. The firm earned “Buy” rating on Tuesday, August 2 by Argus Research. Piper Jaffray maintained it with “Buy” rating and $105.0 target in Friday, September 8 report. Jefferies maintained the stock with “Buy” rating in Thursday, July 14 report. The rating was upgraded by Credit Suisse on Friday, October 9 to “Outperform”. The firm has “Outperform” rating given on Monday, August 24 by Cowen & Co. On Friday, October 27 the stock rating was maintained by SunTrust with “Buy”.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.01, from 0.9 in 2017Q2. It fall, as 66 investors sold Eli Lilly and Company shares while 386 reduced holdings. 79 funds opened positions while 325 raised stakes. 827.83 million shares or 0.59% more from 823.00 million shares in 2017Q2 were reported. The California-based Poplar Forest Capital Lc has invested 2.5% in Eli Lilly and Company (NYSE:LLY). Zwj Investment Counsel invested in 5,909 shares or 0.04% of the stock. Barnett And owns 280 shares. Boyd Watterson Asset Management Llc Oh holds 0.51% or 11,957 shares in its portfolio. Strs Ohio has 704,965 shares. Caprock stated it has 10,610 shares or 0.19% of all its holdings. Capital Limited Ca accumulated 32,757 shares or 0.18% of the stock. Cardinal Capital Management stated it has 1.35% of its portfolio in Eli Lilly and Company (NYSE:LLY). Welch And Forbes Lc accumulated 144,845 shares. Valueworks Limited Liability holds 68,125 shares or 4.14% of its portfolio. Lilly Endowment holds 100% or 123.48M shares. Natixis reported 378,112 shares or 0.3% of all its holdings. Patriot Wealth Management has invested 1% of its portfolio in Eli Lilly and Company (NYSE:LLY). National Bank Of Stockton owns 3,900 shares. Moreover, Indiana Tru & Investment Mgmt Company has 0.42% invested in Eli Lilly and Company (NYSE:LLY) for 10,097 shares.

Since August 31, 2017, it had 0 buys, and 8 insider sales for $84.24 million activity. Simmons Jeffrey N sold $1.08M worth of stock or 12,500 shares. On Monday, February 5 the insider Zakrowski Donald A sold $72,981. LILLY ENDOWMENT INC sold $15.68 million worth of stock.

Eli Lilly and Company discovers, develops, makes, and markets pharmaceutical products worldwide. The company has market cap of $79.81 billion. It operates through two divisions, Human Pharmaceutical Products and Animal Health Products. It currently has negative earnings. The firm offers endocrinology products to treat diabetes; osteoporosis in postmenopausal women and men; human growth hormone deficiency and pediatric growth conditions; and testosterone deficiency.

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