Duke Energy Corp (DUK) : New England Private Wealth Advisors reduced its stake in Duke Energy Corp by 1.68% during the most recent quarter end. The investment management company now holds a total of 10,078 shares of Duke Energy Corp which is valued at $814,000 after selling 172 shares in Duke Energy Corp , the firm said in a disclosure report filed with the SEC on May 12, 2016.Duke Energy Corp makes up approximately 0.34% of New England Private Wealth Advisors’s portfolio.
Other Hedge Funds, Including , Park Avenue Institutional Advisers reduced its stake in DUK by selling 122 shares or 2.74% in the most recent quarter. The Hedge Fund company now holds 4,336 shares of DUK which is valued at $350,219. Duke Energy Corp makes up approx 0.30% of Park Avenue Institutional Advisers’s portfolio.Biondo Investment Advisors reduced its stake in DUK by selling 12,760 shares or 27.36% in the most recent quarter. The Hedge Fund company now holds 33,884 shares of DUK which is valued at $2.7 Million. Duke Energy Corp makes up approx 1.04% of Biondo Investment Advisors’s portfolio.Evercore Wealth Management boosted its stake in DUK in the latest quarter, The investment management firm added 2,898 additional shares and now holds a total of 16,630 shares of Duke Energy Corp which is valued at $1.3 Million. Duke Energy Corp makes up approx 0.06% of Evercore Wealth Management’s portfolio.
Duke Energy Corp opened for trading at $77.26 and hit $77.27 on the upside on Friday, eventually ending the session at $77, with a gain of 0.04% or 0.03 points. The heightened volatility saw the trading volume jump to 24,44,902 shares. Company has a market cap of $53,046 M.
On the company’s financial health, Duke Energy Corp reported $1.13 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $1.14. The company had revenue of $5622.00 million for the quarter, compared to analysts expectations of $6023.93 million. The company’s revenue was down -7.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.24 EPS.
Many Wall Street Analysts have commented on Duke Energy Corp. 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 .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 .
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.