July 28, 2017

Regentatlantic Capital LLC Acquires 2107 Shares of Duke Energy Corp (DUK)

19 May 2017, 10:49 | Austin Hogan

They now have a Dollars 81 price target on the stock. Ally Financial Inc. acquired a new stake in Duke Energy Corp during the fourth quarter worth $1,941,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. State Street Corp boosted its stake in Duke Energy Corp by 0.6% in the fourth quarter. LLC now owns 2,195 shares of the utilities provider's stock valued at $176,000 after buying an additional 172 shares during the last quarter. BMO Capital Markets maintained Duke Energy Corp (NYSE:DUK) on Monday, May 1 with "Hold" rating. Capital Research Global Investors now owns 16,845,618 shares of the utilities provider's stock worth $1,348,323,000 after buying an additional 4,165,845 shares in the last quarter. Chicago Partners Investment Group LLC boosted its stake in Duke Energy Corp by 115.6% in the third quarter.

In the past 5 years, the stock showed growth of 3.21% per annum. Benjamin F. Edwards & Company Inc. increased its stake in Duke Energy Corp by 69.3% in the third quarter.

STORE Capital Corporation (NYSE:STOR), maintained return on investment for the last twelve months at 2.42, higher than what Reuters data shows regarding industry's average. Stock institutional ownership is 57.80% while insider ownership includes 0.10%.

Duke Energy Corp (NYSE:DUK) traded down 0.18% during midday trading on Friday, hitting $83.10. Earnings per share serves as an indicator of a company's profitability. The company has market cap of $58.38 billion. The company's 50-day moving average is $82.57 and its 200-day moving average is $79.08. The stock's 52-week range is $72.34 - $87.75.

Finally, Nicolet Bankshares Inc. increased its stake in shares of Duke Energy Corp by 379.2% in the first quarter.

The company is expected to report earnings of $1.05 a share for the next quarter. Duke Energy Corp had a return on equity of 8.20% and a net margin of 12.27%. The firm had revenue of $5.73 billion during the quarter, compared to analysts' expectations of $5.76 billion. During the same quarter in the previous year, the business earned $1.13 earnings per share.

A look at some of the inputs to technical analysis model shows how Duke Energy Corporation current price compares to its recent moving averages. Analysts expect that Duke Energy Corp will post $4.61 EPS for the current year.

OPEC Panel Looking At Deepening, Extending Oil Cuts
The drawdown was smaller than expected, and many traders say there is still more oil in the system than the market can absorb. Its crude exports rose 275,000 bpd in March from February and its stockpiles increased, official data showed on Thursday.

Justice Department Appoints Robert Mueller as Special Counsel for Russia Investigation
The President's comment may also conflict with a sound legal strategy, given that he could eventually be called upon to testify to Mueller's probe.

Jose Mourinho walks out of interview with Sky Sports' Geoff Shreeves
Jose Mourinho walked out of his interview with Sky Sports' Geoff Shreeves after Manchester United's 2-1 loss at Tottenham. Jose Mourinho was unapologetic for his team selection against Tottenham after Spurs beat his side 2-1 at White Hart Lane.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 16th. Investors of record on Friday, May 19th will be paid a dividend of $0.855 per share. Reynders Mcveigh Capital Mngmt Llc has invested 0.04% in Duke Energy Corp (NYSE:DUK). The ex-dividend date is Wednesday, May 17th. Suntrust Robinson maintained Duke Energy Corp (NYSE:DUK) on Monday, August 29 with "Neutral" rating.

WARNING: This article was first reported by Community Financial News and is the property of of Community Financial News. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of USA and worldwide copyright legislation. The legal version of this story can be accessed at

A number of analysts have recently weighed in on the company.

Duke Energy Corporation (NYSE:DUK) had a decrease of 1.14% in short interest. They issued a "neutral" rating and a $81.00 price objective for the company.

11/07/2016 - Duke Energy Corporation had its "sector perform" rating reiterated by analysts at Scotiabank. The company is set at a mean analysts' recommendation of 3.10. Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Five analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company. The company presently has an average rating of "Hold" and an average price target of $81.19. Also, Director John H. Forsgren sold 2,190 shares of Duke Energy Corp stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of $81.78, for a total transaction of $817,800.00. Following the completion of the transaction, the senior vice president now directly owns 5,677 shares in the company, valued at $466,081.70. The disclosure for this sale can be found here. Insiders own 0.08% of the company's stock.

Now the shares of Duke Energy Corporation (DUK) has a trading volume of 4.34 Million shares, with an average trading volume of 2520 shares - with shares dropping to a 52 week low of $71.55, and the company's shares hitting a 52 week high of $ 85.81.

The company has been one of the biggest innovators in "Electric Utilities" employing approximately 28798 full time employees.

Other News

Trending Now

Kane's pride at scoring Tottenham's last goal at White Hart Lane
It is great to achieve second position, we have been unbeaten at home all season so there are a lot of things to be happy about". It was a good cross, I just stuck a foot out. "This has been a proper send-off to what has been an incredible stadium for us.

What Analysts Are Saying About Home Depot After Earnings
Oppenheimer Holdings Inc. set a $178.00 price target on Home Depot and gave the company a "buy" rating in a report on Tuesday. Deere & Company (DE) have shown a high EPS growth of -6.20% in the last 5 years and has earnings decline of -16.60% yoy.

WannaCry Influences Companies to Stock Bitcoin for Ransomware Emergencies
One source suggests that more than 10% of all desktop PCs run Windows XP, and a significant portion of those victims will likely be small businesses.

Albanian politicians postpone parliamentary vote to June 25
As part of the agreement, opposition representatives will also run the Central Electoral Commission and the office of Ombudsman. The opposition parties had failed to register, vowing to boycott the polls.

UK's Labour pledges new Brexit strategy if it wins election
Brexit is the issue voters can not escape, less than a year after they chose to part ways with the EU. May told her party not to become complacent as opinion polls had been repeatedly wrong.

JC Penney expands B2B operations with hotel sales
State Treasurer State Of Michigan holds 0.01% of its portfolio in J C Penney Company Inc (NYSE: JCP ) for 124,140 shares. Citigroup Inc restated their neutral rating on shares of J C Penney Company Inc (NYSE:JCP) in a report issued on Monday.

Trump Signs Executive Order That Creates Committee To Investigate Voter Fraud
Mr Trump won the presidency with an Electoral College victory despite losing to Mrs Clinton by almost three million votes. Trump's homeland security adviser Tom Bossert says the order will help keep the US safer from cybersecurity risks.

Ford Confirms 10% Salaried Job Cuts
The company's market value is now behind Tesla and General Motors, and its stock price has fallen over 40 percent since 2014. The company plans to offer enticing retirement packages to salaried employees to reduce overall headcount, Reuters reports .

Comey Testimony Before Lawmakers in Doubt After Special Counsel Named
You might remember President Trump fired the last head of the investigation and previous FBI director James Comey on May 9. Other senators who attended Rosenstein's briefing said that Rosenstein didn't address who asked him to write the memo.

Donald Trump considering 11 candidates to replace former Federal Bureau of Investigation director James Comey
Trump's tweet came the morning after he asserted Comey had told him three times he wasn't under FBI investigation. In the NBC interview on Thursday, Trump said he would have fired Comey regardless of any such recommendations.