Transamerica Financial Advisors buys $2,532,397 stake in Duke Energy Corp (DUK)

Duke Energy Corp (DUK) : Transamerica Financial Advisors scooped up 4,850 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 21, 2016. The investment management firm now holds a total of 32,884 shares of Duke Energy Corp which is valued at $2,532,397.Duke Energy Corp makes up approximately 0.21% of Transamerica Financial Advisors’s portfolio.

Duke Energy Corp opened for trading at $77.24 and hit $78.58 on the upside on Wednesday, eventually ending the session at $78.06, with a gain of 1.44% or 1.11 points. The heightened volatility saw the trading volume jump to 29,27,600 shares. Company has a market cap of $53,775 M.

Other Hedge Funds, Including , Advocacy Wealth Management Services reduced its stake in DUK by selling 866 shares or 41.96% in the most recent quarter. The Hedge Fund company now holds 1,198 shares of DUK which is valued at $92,258. Duke Energy Corp makes up approx 0.05% of Advocacy Wealth Management Services’s portfolio.Daniel Devine Co reduced its stake in DUK by selling 1,800 shares or 11.04% in the most recent quarter. The Hedge Fund company now holds 14,500 shares of DUK which is valued at $1,160,000. Duke Energy Corp makes up approx 0.74% of Daniel Devine Co’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in DUK in the latest quarter, The investment management firm added 18,821 additional shares and now holds a total of 151,334 shares of Duke Energy Corp which is valued at $12,106,720. Duke Energy Corp makes up approx 0.28% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’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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