Exane Derivatives Lowers stake in Duke Energy Corp (DUK)

Duke Energy Corp (DUK) : Exane Derivatives reduced its stake in Duke Energy Corp by 18.06% during the most recent quarter end. The investment management company now holds a total of 18,057 shares of Duke Energy Corp which is valued at $1,537,554 after selling 3,979 shares in Duke Energy Corp , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Duke Energy Corp makes up approximately 0.25% of Exane Derivatives’s portfolio.

Other Hedge Funds, Including , Shelton Capital Management reduced its stake in DUK by selling 4,200 shares or 22.73% in the most recent quarter. The Hedge Fund company now holds 14,279 shares of DUK which is valued at $1,215,857. Duke Energy Corp makes up approx 0.11% of Shelton Capital Management’s portfolio.Mu Investments Ltd. reduced its stake in DUK by selling 1,100 shares or 42.31% in the most recent quarter. The Hedge Fund company now holds 1,500 shares of DUK which is valued at $127,245. Duke Energy Corp makes up approx 0.08% of Mu Investments Ltd.’s portfolio.Acadian Asset Management boosted its stake in DUK in the latest quarter, The investment management firm added 441,335 additional shares and now holds a total of 957,001 shares of Duke Energy Corp which is valued at $81,268,525. Duke Energy Corp makes up approx 0.40% of Acadian Asset Management’s portfolio.Cape Cod Five Cents Savings Bank reduced its stake in DUK by selling 925 shares or 11.41% in the most recent quarter. The Hedge Fund company now holds 7,181 shares of DUK which is valued at $609,811. Duke Energy Corp makes up approx 0.11% of Cape Cod Five Cents Savings Bank’s portfolio.

Duke Energy Corp opened for trading at $84.33 and hit $85.12 on the upside on Monday, eventually ending the session at $84.74, with a gain of 0.61% or 0.51 points. The heightened volatility saw the trading volume jump to 39,77,505 shares. Company has a market cap of $58,380 M.

On the company’s financial health, Duke Energy Corp reported $1.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $1.01.Analysts expectations of $ 5682.11.During the same quarter in the previous year, the company posted $0.95 EPS.

Many Wall Street Analysts have commented on Duke Energy Corp. Company shares were Reiterated by Scotia Howard Weil on Aug 8, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 88 from a previous price target of $78 .Company shares were Reiterated by Mizuho on Aug 4, 2016 to “Neutral”, Firm has raised the Price Target to $ 80 from a previous price target of $75 .Shares were Reiterated by Mizuho on May 19, 2016 to “Neutral” and Lowered the Price Target to $ 75 from a previous price target of $80 .

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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