Economy

Duke Energy Corporation's (DUK) "Buy" Rating Reiterated at Royal Bank Of Canada

Duke Energy Corporation's (DUK)

Massmutual Trust Co. FSB ADV now owns 1,848 shares of the utilities provider's stock worth $152,000 after purchasing an additional 848 shares in the last quarter. The institutional investor held 92,300 shares of the company at the end of 2016Q4, valued at $1.92 million, up from 47,656 at the end of the previous reported quarter. Baker Avenue Asset Management Lp who had been investing in Suntrust Bks Inc Com for a number of months, seems to be less bullish one the $26.63 billion market cap company. The stock increased 0.37% or $0.03 on September 1, reaching $8.2. About 70,985 shares traded. Solar Capital Ltd. (NASDAQ:SLRC) has risen 18.52% since September 2, 2016 and is uptrending. It has outperformed by 4.51% the S&P500.

State Of Alaska Department Of Revenue, which manages about $1.04 billion US Long portfolio, decreased its stake in Cardinal Health Inc (NYSE:CAH) by 51,942 shares to 4,988 shares, valued at $358,000 in 2016Q4, according to the filing. It also reduced Amgen Incorporated (NASDAQ:AMGN) stake by 3,669 shares and now owns 45,234 shares. Duke Energy Corp New now has $60.96 billion valuation.

Duke Energy Corp (NYSE:DUK) last issued its earnings results on Thursday, August 3rd.

Accredited Investors Inc. lifted its stake in Duke Energy Corp by 0.7% in the 1st quarter. Sold All: 54 Reduced: 359 Increased: 365 New Position: 90. The hedge funds in our partner's database now possess: 376.96 million shares, down from 378.15 million shares in 2016Q3. Farmers Bank & Trust stated it has 0.88% of its portfolio in Duke Energy Corp (NYSE:DUK). Teachers Ins Annuity Association Of America accumulated 114,000 shares. "Buys 41,268,968 Shares of Duke Energy Corp (NYSE:DUK)" was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. FMR LLC now owns 4,909,584 shares of the utilities provider's stock valued at $402,635,000 after acquiring an additional 1,151,408 shares during the period.

The counter witnessed a trading volume of 1.36 million shares versus an average volume of 2.33 million shares during last trading session. Cornerstone reported 0.82% stake. Pegasus Partners Ltd. raised its position in Duke Energy Corporation by 0.5% in the first quarter. The Covington Capital Management holds 27,256 shares with $2.12M value, up from 20,511 last quarter. Alliancebernstein Ltd Partnership has 0.07% invested in Duke Energy Corp (NYSE:DUK). BidaskClub raised shares of Duke Energy Corp from a "hold" rating to a "buy" rating in a research report on Tuesday, August 22nd.

Among 18 analysts covering Duke Energy (NYSE:DUK), 3 have Buy rating, 3 Sell and 12 Hold. Therefore 100% are positive. Duke Energy had 48 analyst reports since August 7, 2015 according to SRatingsIntel. Argus Research has "Buy" rating and $81.0 target. One equity analyst rating the company a strong buy, two equity analysts rating the company a buy, seventeen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $80.24. RBC Capital Markets maintained the shares of DUK in report on Sunday, July 23 with "Buy" rating. BMO Capital Markets downgraded the stock to "Market Perform" rating in Friday, November 6 report. BMO Capital Markets has "Hold" rating and $85 target. The rating was maintained by SunTrust with "Neutral" on Monday, October 19. Howard Weil initiated Duke Energy Corp (NYSE:DUK) on Tuesday, November 17 with "Sector Perform" rating.

DUK has been the subject of several other research reports.

Investors sentiment increased to 1.49 in 2016 Q4. Its up 0.02, from 0.87 in 2016Q3. It is positive, as 10 investors sold LBY shares while 32 reduced holdings. 15 funds opened positions while 37 raised stakes. 396.46 million shares or 0.52% more from 394.42 million shares in 2016Q3 were reported. Moreover, Deutsche Bancorp Ag has 0% invested in ENGlobal Corp (NASDAQ:ENG). 4,644 are held by At Savings Bank. Papp L Roy And Assocs owns 3,172 shares. 1,320 are held by First Personal Service. 3,428 were accumulated by Montgomery Invest Mgmt Inc. About 1.36 million shares traded. Keybank National Association Oh invested in 111,365 shares. Aull & Monroe Investment Management Corp, a Alabama-based fund reported 62,582 shares.#img1#. Delta Asset Mngmt Ltd Liability Corp Tn holds 1.07% or 82,443 shares in its portfolio. Salient Lta accumulated 5,502 shares. Aperio Group Ltd Liability, a California-based fund reported 131,096 shares. State Street has 389,959 shares for 0% of their portfolio. Aristotle Capital Boston Llc reported 264,479 shares. Clifford Swan Inv Counsel Llc owns 8,162 shares for 0.04% of their portfolio. Envestnet Asset Management stated it has 96,819 shares.

Covington Capital Management decreased Ishares Msci Jpidx Epp (EWJ) stake by 11,922 shares to 51,062 valued at $2.02 million in 2016Q4. It also increased its holding in Weyerhaeuser Co Com (NYSE:WY) by 84,108 shares in the quarter, for a total of 200,039 shares, and has risen its stake in Schwab Charles Corp New Com (NYSE:SCHW).

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