Big Money Hate Duke Energy Corp (NYSE:DUK), Sentiment at 0.9

June 27, 2018 - By Sarah Harris

Duke Energy Corporation (NYSE:DUK) Corporate Logo

Positions for Duke Energy Corp (NYSE:DUK)

“Big money sentiment for Duke Energy Corp (NYSE:DUK) in Q1 2018 decreased to 0.9, SEC.gov filings reveal. That’s down -0.23, from 2017Q4’s 1.13. 426 institutional investors increased and opened new equity positions, while 474 sold and decreased their stock positions in Duke Energy Corp so the sentiment fall. Funds own 402.81 million shares, up from 389.71 million shares in 2017Q4. Funds holding Duke Energy Corp in top 10 increased from 7 to 8 for an increase of 1. In total 73 funds closed positions, 401 reduced and 319 increased. Also 107 funds bought new Duke Energy Corp stakes.

Significant Duke Energy Corp Investors

Zimmer Partners Lp owns 7.11 million shares in Duke Energy Corp as of Q1 2018. Duke Energy Corp’s shareholder Bruce & Co. Inc. owns 347,788 shares as of Q1 2018. Cincinnati Casualty Co reported 66,300 shares. Symons Capital Management Inc revealed 190,422 shares position in Duke Energy Corp. The South Carolina-based fund Canal Insurance Co holds 138,166 shares or 3.76% of their stock exposure.

Duke Energy Corporation, together with its subsidiaries, operates as an energy firm in the United States.The company has $55.23 billion market cap. It operates through three divisions: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables.The P/E ratio is 18.67. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.

The stock decreased 0.37% or $0.29 during the last trading session, touching $78.79.Duke Energy Corporation is downtrending after having declined 10.96% since June 27, 2017. DUK has 4.40M volume or 22.99% up from normal. DUK underperformed by 23.53% the S&P500.

Duke Energy Corporation (NYSE:DUK) is anticipated to publish earnings on August, 2., RTT reports. This year’s EPS analyst estimate is anticipated to be $0.99. That is 1.98 % down compareed to $1.01 EPS for last year. DUK’s profit could hit $693.99 million with 19.90 P/E in case $0.99 EPS is reported. After $1.28 EPS report previous quarter, Wall Street now predicts -22.66 % negative EPS growth of Duke Energy Corporation.

Livingston Grp Asset Mngmt Company (Operating As Southport Management) reported 18,482 shs stake. Neville Rodie And Shaw Incorporated invested in 0.18% or 21,265 shs. Tru Communication Of Oklahoma reported 3,028 shs or 0% of all its holdings. Tiemann Invest Advisors Llc invested in 0.3% or 4,767 shs. 4,785 were accumulated by Regentatlantic Cap Llc. The Illinois-based Interocean Capital has invested 0.12% in Duke Energy Corporation (NYSE:DUK). Advisory Inc invested in 0.01% or 5,288 shs. D E Shaw & Company Incorporated owns 374,059 shs for 0.04% of their capital. Mitsubishi Ufj Bk reported 0.23% in Duke Energy Corporation (NYSE:DUK). Nomura invested in 122,934 shs or 0.01% of the stock. Ww Asset Management Inc has invested 0.16% in Duke Energy Corporation (NYSE:DUK). Nj State Employees Deferred Compensation Plan owns 14,733 shs or 0.2% of their US capital. North Star Invest Mngmt Corp accumulated 5,793 shs. Cranbrook Wealth Mgmt Limited Liability Co, Michigan-based fund reported 833 shs. Capwealth Ltd Liability accumulated 3,093 shs.

Duke Energy Corporation (NYSE:DUK) Ratings Coverage

A total of 11 analysts rate Duke Energy Corp (NYSE:DUK) as follows: 6 “Buy”, 3 “Hold” and 2 “Sell”. Тherefore 55% are bullish. The firm has $96.0 highest and $72 lowest target. The avg target $83.64 is 6.16% above the last ($78.79) price. (NYSE:DUK) has 30 ratings reports on 27 Jun 2018 according to StockzIntelligence. The company rating was maintained by SunTrust on Monday, March 26. In Wednesday, March 14 report RBC Capital Markets maintained the stock with “Buy” rating. On Thursday, March 8 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Wednesday, January 10 the firm has “Hold” rating by Goldman Sachs given. On Sunday, January 28 SunTrust maintained Duke Energy Corporation (NYSE:DUK) with “Hold” rating. On Wednesday, March 28 Goldman Sachs downgraded Duke Energy Corporation (NYSE:DUK) rating. Goldman Sachs has “Sell” rating and $7800 target. The company rating was upgraded by Bank of America on Wednesday, June 20. On Thursday, June 7 JP Morgan maintained Duke Energy Corporation (NYSE:DUK) with “Underweight” rating. The company rating was maintained by RBC Capital Markets on Thursday, February 1. In Monday, April 2 report SunTrust maintained it with “Hold” rating and $8200 target.

For more Duke Energy Corporation (NYSE:DUK) news brought out recently go to: Seekingalpha.com, Seekingalpha.com, Bizjournals.com, 247Wallst.com or Seekingalpha.com. The titles are as follows: “3 Reasons You Shouldn’t Buy Duke Energy” brought out on June 04, 2018, “Duke Energy’s Dividend Is Well-Covered” on June 07, 2018, “Duke Energy taps four sites in Carolinas for economic development” with a publish date: June 19, 2018, “5 Stocks to Buy Now If You Are Worried About a Stock Market Crash” and the last “Williams asks FERC for extension in building Constitution pipeline” with publication date: June 26, 2018.

Duke Energy Corporation (NYSE:DUK) Institutional Investors Chart

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