Duke Energy Corp (NYSE:DUK) Institutional Investors Sentiment Up in 2017 Q4

April 25, 2018 - By Stephen Andrade

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Sentiment for Duke Energy Corp (NYSE:DUK)

Duke Energy Corp (NYSE:DUK) institutional sentiment increased to 1.13 in 2017 Q4. Its up 0.06, from 1.07 in 2017Q3. The ratio improved, as 448 investment managers increased or opened new equity positions, while 398 cut down and sold their holdings in Duke Energy Corp. The investment managers in our partner’s database now possess: 389.71 million shares, down from 391.64 million shares in 2017Q3. Also, the number of investment managers holding Duke Energy Corp in their top 10 equity positions increased from 6 to 7 for an increase of 1. Sold All: 46 Reduced: 352 Increased: 348 New Position: 100.

Duke Energy Corporation, together with its subsidiaries, operates as an energy firm in the United States. The company has market cap of $56.33 billion. It operates through three divisions: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. It has a 17.89 P/E ratio. 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 0.25% or $0.19 during the last trading session, reaching $78.03. About 625,942 shares traded. Duke Energy Corporation (NYSE:DUK) has declined 6.87% since April 25, 2017 and is downtrending. It has underperformed by 18.42% the S&P500.

Analysts await Duke Energy Corporation (NYSE:DUK) to report earnings on May, 10 before the open. They expect $1.12 EPS, up 7.69 % or $0.08 from last year’s $1.04 per share. DUK’s profit will be $808.46 million for 17.42 P/E if the $1.12 EPS becomes a reality. After $0.94 actual EPS reported by Duke Energy Corporation for the previous quarter, Wall Street now forecasts 19.15 % EPS growth.

Bruce & Co. Inc. holds 6.34% of its portfolio in Duke Energy Corporation for 347,788 shares. Cincinnati Casualty Co owns 66,300 shares or 4.73% of their US portfolio. Moreover, Canal Insurance Co has 3.9% invested in the company for 130,166 shares. The New York-based Stralem & Co Inc has invested 2.97% in the stock. Aull & Monroe Investment Management Corp, a Alabama-based fund reported 60,081 shares.

Duke Energy Corporation (NYSE:DUK) Ratings Coverage

Ratings analysis reveals 45% of Duke Energy Corp’s analysts are positive. Out of 11 Wall Street analysts rating Duke Energy Corp, 5 give it “Buy”, 2 “Sell” rating, while 4 recommend “Hold”. The lowest target is $77.0 while the high is $96. The stock’s average target of $84.73 is 8.59% above today’s ($78.03) share price. DUK was included in 34 notes of analysts from November 6, 2017. SunTrust maintained Duke Energy Corporation (NYSE:DUK) on Monday, December 11 with “Hold” rating. SunTrust maintained the shares of DUK in report on Monday, April 9 with “Hold” rating. The firm earned “Equal-Weight” rating on Wednesday, December 13 by Morgan Stanley. The firm has “Hold” rating given on Monday, April 16 by SunTrust. The stock of Duke Energy Corporation (NYSE:DUK) has “Hold” rating given on Sunday, January 28 by SunTrust. As per Monday, November 13, the company rating was maintained by Morgan Stanley. The company was maintained on Wednesday, February 21 by Wells Fargo. The stock of Duke Energy Corporation (NYSE:DUK) has “Buy” rating given on Thursday, February 1 by RBC Capital Markets. The firm earned “Hold” rating on Tuesday, December 26 by SunTrust. SunTrust maintained it with “Hold” rating and $90.0 target in Monday, November 6 report.

Duke Energy Corporation (NYSE:DUK) Institutional Positions Chart

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