Duke Energy Corp (DUK) : Arbor Investment Advisors scooped up 1,048 additional shares in Duke Energy Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 14, 2016. The investment management firm now holds a total of 9,067 shares of Duke Energy Corp which is valued at $772,962.Duke Energy Corp makes up approximately 0.43% of Arbor Investment Advisors’s portfolio.
Other Hedge Funds, Including , First Manhattan Co reduced its stake in DUK by selling 492 shares or 2.87% in the most recent quarter. The Hedge Fund company now holds 16,626 shares of DUK which is valued at $1,417,367. Duke Energy Corp makes up approx 0.01% of First Manhattan Co’s portfolio.Cutler Group Lp reduced its stake in DUK by selling 9,105 shares or 71.51% in the most recent quarter. The Hedge Fund company now holds 3,628 shares of DUK which is valued at $308,561. Duke Energy Corp makes up approx 0.02% of Cutler Group Lp’s portfolio.Quotient Investors reduced its stake in DUK by selling 6,136 shares or 27.62% in the most recent quarter. The Hedge Fund company now holds 16,080 shares of DUK which is valued at $1,367,604. Duke Energy Corp makes up approx 0.63% of Quotient Investors’s portfolio.First Premier Bank reduced its stake in DUK by selling 184 shares or 0.22% in the most recent quarter. The Hedge Fund company now holds 84,044 shares of DUK which is valued at $7,228,624. Duke Energy Corp makes up approx 5.47% of First Premier Bank’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in DUK by selling 68,042 shares or 16.95% in the most recent quarter. The Hedge Fund company now holds 333,276 shares of DUK which is valued at $28,665,069. Duke Energy Corp makes up approx 0.13% of Bnp Paribas Arbitrage Sa’s portfolio.
Duke Energy Corp opened for trading at $85.13 and hit $85.63 on the upside on Monday, eventually ending the session at $85.25, with a gain of 0.39% or 0.33 points. The heightened volatility saw the trading volume jump to 29,65,382 shares. Company has a market cap of $58,729 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.
Investors should note that on Jul 11, 2016, Duke Energy Corp announced a cash dividend of $0.8550. The company’s management has announced Aug 10, 2016 as the ex-dividend date and fixed the record date on Aug 12, 2016. The payable date has been fixed on Sep 16, 2016.
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 .
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.