Economy

Duke Energy Corporation (DUK) Rating Reiterated by SunTrust Banks, Inc

The shares were sold at an average price of $86.22, for a total value of $431,100.00. The company has its outstanding shares of 700.27M. Duke Energy Corp (NYSE:DUK) has risen 8.31% since November 7, 2016 and is uptrending. It has outperformed by 41.94% the S&P500.

Johnson Financial Group Inc decreased Duke Energy Corp (DUK) stake by 38.93% reported in 2017Q2 SEC filing. The Vaughan David Investments Inc holds 253,051 shares with $21.15 million value, up from 247,558 last quarter. State Street Corp raised its position in Duke Energy Corporation by 1.3% during the 1st quarter. (NYSE:DUK) traded down 0.74% during mid-day trading on Tuesday, reaching $73.88. It has underperformed by 8.39% the S&P500.

Federated Investors Inc. PA raised its position in Duke Energy Corporation by 1.5% during the 2nd quarter. The company has a current ratio of 0.71, a quick ratio of 0.41 and a debt-to-equity ratio of 1.17.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in Duke Energy Corporation by 1.2% during the 2nd quarter. The utilities provider reported $1.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.56 by $0.03. Savant Ltd Liability Corp reported 0.05% in DTE Energy Co (NYSE:DTE). 2,500 were accumulated by Shayne & Co Ltd Liability Com. Td Cap Management Ltd Co reported 245 shares or 0.01% of all its holdings. In third place is State Street Corp with 33,306,333 shares held.

At the moment, the top institutional investor at Duke Energy Corporation (NYSE:DUK) is Vanguard Group Inc, which now holds 50,043,241 shares. Gam Ag has invested 0.15% in Duke Energy Corp (NYSE:DUK). Stock Yards Bank & Trust owns 19,214 shares for 0.19% of their portfolio. Moreover, Guardian Life Of America has 0.02% invested in Duke Energy Corp (NYSE:DUK) for 1,583 shares. 12,920 are held by National Asset Management. Kistler owns 0.16% invested in Duke Energy Corp (NYSE:DUK) for 4,199 shares. Cordasco Fincl Networks accumulated 0.2% or 2,110 shares. Virginia-based Union Bank has invested 1.32% in Duke Energy Corp (NYSE:DUK). Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.

In the past three-month period, there have been 0 open market buys by insiders for Duke Energy Corporation (DUK) and 1 sells - amounting to a total of 1 insider trades during that timeframe. Therefore 16% are positive. Duke Energy had 57 analyst reports since August 7, 2015 according to SRatingsIntel. As per Monday, August 29, the company rating was maintained by Suntrust Robinson.

More notable recent Duke Energy Corp (NYSE:DUK) news were published by: Nasdaq.com which released: "Duke Energy Corp Q3 Profit Falls 4%" on November 03, 2017, also Bizjournals.com with their article: "More coal-ash depositions in Duke Energy's NC rate case" published on November 01, 2017, Bizjournals.com published: "As Duke Energy finishes paying for its last deal, could Santee Cooper be on ..." on November 06, 2017. Morgan Stanley now owns 4,909,214 shares of the utilities provider's stock valued at $402,605,000 after buying an additional 986,456 shares during the last quarter. The company was maintained on Monday, August 29 by Suntrust Robinson. Citigroup downgraded Duke Energy Corp (NYSE:DUK) on Wednesday, January 11 to "Sell" rating. DA Davidson maintained the shares of SPWH in report on Friday, November 20 with "Buy" rating. The rating was maintained by Forward View Consulting with "Hold" on Saturday, August 26. Argus Research maintained the shares of DUK in report on Tuesday, September 15 with "Buy" rating. The original version of this piece of content can be accessed at https://weekherald.com/2017/11/08/duke-energy-corporation-duk-shares-sold-by-citizens-financial-group-inc-ri.html. Citigroup maintained Duke Energy Corp (NYSE:DUK) on Tuesday, October 17 with "Sell" rating. Therefore 50% are positive. On average, equities research analysts expect that Duke Energy Corp. will post $4.67 earnings per share for the current year. The firm has "Hold" rating given on Wednesday, October 18 by KeyBanc Capital Markets. The company was maintained on Friday, January 27 by Stifel Nicolaus. BMO Capital Markets maintained the stock with "Hold" rating in Monday, May 1 report. RBC Capital Markets has "Buy" rating and $87.0 target. The firm earned "Hold" rating on Friday, August 7 by Deutsche Bank. The firm has "Buy" rating given on Monday, February 22 by UBS.

Investors sentiment decreased to 1.05 in Q2 2017. Its up 0.13, from 0.93 in 2017Q1. It dropped, as 39 investors sold UTX shares while 553 reduced holdings. 63 funds opened positions while 155 raised stakes. Tarbox Family Office Inc holds 0.01% or 262 shares in its portfolio. Comml Bank Of Stockton has invested 0.65% in United Technologies Corporation (NYSE:UTX). Liberty Mutual Gru Asset Management Incorporated holds 0.16% or 45,814 shares in its portfolio. Willis Investment Counsel stated it has 187,581 shares or 1.19% of all its holdings. Cranbrook Wealth Mgmt Lc has invested 0.03% of its portfolio in Duke Energy Corp (NYSE:DUK). On the flip side, 519 institutional holders decreased their positions, accounting for 12,538,598 shares. Aqr Capital Mgmt Ltd Llc reported 0.11% stake. Schroder Mngmt Gp holds 5,583 shares.



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