First National Bank Trust Co Of Newtown Lowers stake in Duke Energy Corp (DUK)

Duke Energy Corp (DUK) : First National Bank Trust Co Of Newtown reduced its stake in Duke Energy Corp by 0.08% during the most recent quarter end. The investment management company now holds a total of 16,800 shares of Duke Energy Corp which is valued at $1,444,968 after selling 14 shares in Duke Energy Corp , the firm said in a disclosure report filed with the SEC on Jul 6, 2016.Duke Energy Corp makes up approximately 0.44% of First National Bank Trust Co Of Newtown’s portfolio.

Other Hedge Funds, Including , Laurel Wealth Advisors boosted its stake in DUK in the latest quarter, The investment management firm added 990 additional shares and now holds a total of 18,903 shares of Duke Energy Corp which is valued at $1,625,847. Duke Energy Corp makes up approx 0.79% of Laurel Wealth Advisors’s portfolio.Stock Yards Bank Trust Co reduced its stake in DUK by selling 1,845 shares or 9.87% in the most recent quarter. The Hedge Fund company now holds 16,853 shares of DUK which is valued at $1,465,031. Duke Energy Corp makes up approx 0.20% of Stock Yards Bank Trust Co’s portfolio.

Duke Energy Corp (DUK) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $85.43 and reached the intraday high at $86.119. The bulls started the profit booking and pushed the shares to intraday low of $84.58. The trading session was marked by a volume range of 26,48,536 shares exchanging hands. The 52-week high of the shares is $87.31 and the 52-week low is $65.5. The market cap of the company stands at $59,253 M and there are 68,89,03,770 shares in public circulation.

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 .

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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