Farmers Trust Co Decreased Quanta Svcs (PWR) Stake By $3.08 Million; MFS Charter Income Trust Has 0.8 Sentiment

Farmers Trust Co decreased Quanta Svcs Inc (PWR) stake by 91.84% reported in 2017Q3 SEC filing. Farmers Trust Co sold 83,263 shares as Quanta Svcs Inc (PWR)’s stock declined 15.57%. The Farmers Trust Co holds 7,397 shares with $277,000 value, down from 90,660 last quarter. Quanta Svcs Inc now has $5.34B valuation. The stock increased 2.11% or $0.71 during the last trading session, reaching $34.43. About 1.35 million shares traded. Quanta Services, Inc. (NYSE:PWR) has risen 39.30% since February 15, 2017 and is uptrending. It has outperformed by 22.60% the S&P500.

The stock increased 0.62% or $0.05 during the last trading session, reaching $8.09. About 223,970 shares traded or 54.20% up from the average. MFS Charter Income Trust (MCR) has risen 6.51% since February 15, 2017 and is uptrending. It has underperformed by 10.19% the S&P500.

Among 14 analysts covering Quanta Services Inc. (NYSE:PWR), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Quanta Services Inc. has $53 highest and $20 lowest target. $41.08’s average target is 19.31% above currents $34.43 stock price. Quanta Services Inc. had 46 analyst reports since August 6, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Buy” rating in Friday, October 27 report. The firm has “Neutral” rating by Robert W. Baird given on Friday, November 3. The rating was maintained by FBR Capital on Monday, November 6 with “Buy”. Robert W. Baird maintained the stock with “Hold” rating in Friday, October 6 report. As per Wednesday, January 31, the company rating was maintained by Stephens. The firm has “Buy” rating by Stifel Nicolaus given on Friday, January 26. The stock of Quanta Services, Inc. (NYSE:PWR) has “Market Perform” rating given on Friday, November 18 by Avondale. Robert W. Baird downgraded the shares of PWR in report on Thursday, November 12 to “Neutral” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, August 4. The company was reinitiated on Tuesday, January 5 by Stifel Nicolaus.

Analysts await Quanta Services, Inc. (NYSE:PWR) to report earnings on February, 20. They expect $0.39 earnings per share, down 25.00% or $0.13 from last year’s $0.52 per share. PWR’s profit will be $60.53 million for 22.07 P/E if the $0.39 EPS becomes a reality. After $0.59 actual earnings per share reported by Quanta Services, Inc. for the previous quarter, Wall Street now forecasts -33.90% negative EPS growth.

Shaker Financial Services Llc holds 1.36% of its portfolio in MFS Charter Income Trust for 297,142 shares. 1607 Capital Partners Llc owns 1.16 million shares or 0.57% of their US portfolio. Moreover, Rivernorth Capital Management Llc has 0.56% invested in the company for 785,348 shares. The New York-based Benchmark Capital Advisors has invested 0.3% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 1.12 million shares.