Carroll Financial Associates buys $5,965,657 stake in Duke Energy Corp (DUK)

Duke Energy Corp (DUK) : Carroll Financial Associates scooped up 5,221 additional shares in Duke Energy Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 77,466 shares of Duke Energy Corp which is valued at $5,965,657.Duke Energy Corp makes up approximately 1.09% of Carroll Financial Associates’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 , Aull Monroe Investment Management Corp reduced its stake in DUK by selling 308 shares or 0.49% in the most recent quarter. The Hedge Fund company now holds 62,885 shares of DUK which is valued at $4,842,774. Duke Energy Corp makes up approx 2.85% of Aull Monroe Investment Management Corp’s portfolio.Endurance Wealth Management reduced its stake in DUK by selling 1,000 shares or 18.56% in the most recent quarter. The Hedge Fund company now holds 4,387 shares of DUK which is valued at $350,960. Duke Energy Corp makes up approx 0.07% of Endurance Wealth Management’s portfolio.Central Trust Co boosted its stake in DUK in the latest quarter, The investment management firm added 6,332 additional shares and now holds a total of 23,490 shares of Duke Energy Corp which is valued at $1,879,200. Duke Energy Corp makes up approx 0.15% of Central Trust Co’s portfolio.Proficio Capital Partners reduced its stake in DUK by selling 157 shares or 53.77% in the most recent quarter. The Hedge Fund company now holds 135 shares of DUK which is valued at $10,724. Duke Energy Corp makes up approx 0.01% of Proficio Capital Partners’s portfolio.Marshwinds Advisory Co reduced its stake in DUK by selling 2,626 shares or 7.47% in the most recent quarter. The Hedge Fund company now holds 32,516 shares of DUK which is valued at $2,583,071. Duke Energy Corp makes up approx 1.33% of Marshwinds Advisory Co’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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