A. D. Beadell Investment Counsel Lowers stake in Duke Energy Corp (DUK)

Duke Energy Corp (DUK) : A. D. Beadell Investment Counsel reduced its stake in Duke Energy Corp by 1.13% during the most recent quarter end. The investment management company now holds a total of 34,053 shares of Duke Energy Corp which is valued at $2,622,422 after selling 388 shares in Duke Energy Corp , the firm said in a disclosure report filed with the SEC on Apr 20, 2016.Duke Energy Corp makes up approximately 2.38% of A. D. Beadell Investment Counsel’s portfolio.

Duke Energy Corp opened for trading at $76.64 and hit $77.12 on the upside on Friday, eventually ending the session at $77.01, with a gain of 0.88% or 0.67 points. The heightened volatility saw the trading volume jump to 27,11,619 shares. Company has a market cap of $53,052 M.

Other Hedge Funds, Including , Windsor Financial Group boosted its stake in DUK in the latest quarter, The investment management firm added 107 additional shares and now holds a total of 51,458 shares of Duke Energy Corp which is valued at $3,962,781. Duke Energy Corp makes up approx 1.79% of Windsor Financial Group’s portfolio. Gillespie Robinson Grimm Inc added DUK to its portfolio by purchasing 2,676 company shares during the most recent quarter which is valued at $206,079. Duke Energy Corp makes up approx 0.03% of Gillespie Robinson Grimm Inc’s portfolio. Visionary Asset Management added DUK to its portfolio by purchasing 31,326 company shares during the most recent quarter which is valued at $2,506,080. Duke Energy Corp makes up approx 0.88% of Visionary Asset Management’s portfolio.Eastern Bank boosted its stake in DUK in the latest quarter, The investment management firm added 866 additional shares and now holds a total of 129,792 shares of Duke Energy Corp which is valued at $10,383,360. Duke Energy Corp makes up approx 0.84% of Eastern Bank’s portfolio.Taylor Wealth Management Partners boosted its stake in DUK in the latest quarter, The investment management firm added 450 additional shares and now holds a total of 533 shares of Duke Energy Corp which is valued at $42,640. Duke Energy Corp makes up approx 0.02% of Taylor Wealth Management Partners’s portfolio.

On the company’s financial health, Duke Energy Corp reported $0.87 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Feb 18, 2016. Analyst had a consensus of $0.92.Analysts expectations of $ 6111.93.During the same quarter in the previous year, the company posted $0.86 EPS.

Many Wall Street Analysts have commented on Duke Energy Corp. Company shares were Reiterated by Mizuho on Mar 18, 2016 to “Neutral”, Firm has raised the Price Target to $ 80 from a previous price target of $72 .Company shares were Reiterated by Argus on Feb 22, 2016 to “Buy”, Firm has raised the Price Target to $ 86 from a previous price target of $81 .Shares were Reiterated by Mizuho on Feb 22, 2016 to “Neutral” and Lowered the Price Target to $ 72 from a previous price target of $75 .

Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities International Energy and Commercial Power. The Company’s Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas Duke Energy Progress Duke Energy Florida Duke Energy Indiana and Duke Energy Ohio. The Company’s International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power natural gas and natural gas liquids outside the United States. The Company’s Commercial Power builds develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.

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