Duke Energy Corp (DUK) : Avalon Advisors scooped up 24,661 additional shares in Duke Energy Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 358,249 shares of Duke Energy Corp which is valued at $29,910,209.Duke Energy Corp makes up approximately 1.13% of Avalon Advisors’s portfolio.
Other Hedge Funds, Including , Verition Fund Management reduced its stake in DUK by selling 62,000 shares or 64.92% in the most recent quarter. The Hedge Fund company now holds 33,500 shares of DUK which is valued at $2,796,915. Duke Energy Corp makes up approx 0.69% of Verition Fund Management’s portfolio.Aspen Investment Management Inc reduced its stake in DUK by selling 166 shares or 2.31% in the most recent quarter. The Hedge Fund company now holds 7,008 shares of DUK which is valued at $588,041. Duke Energy Corp makes up approx 0.47% of Aspen Investment Management Inc’s portfolio.Blue Fin Capital boosted its stake in DUK in the latest quarter, The investment management firm added 125 additional shares and now holds a total of 5,383 shares of Duke Energy Corp which is valued at $460,731. Duke Energy Corp makes up approx 0.37% of Blue Fin Capital’s portfolio.Clarkston Capital Partners reduced its stake in DUK by selling 4,000 shares or 16.0% in the most recent quarter. The Hedge Fund company now holds 21,000 shares of DUK which is valued at $1,816,500. Duke Energy Corp makes up approx 0.09% of Clarkston Capital Partners’s portfolio.
Duke Energy Corp closed down -0.33 points or -0.41% at $79.33 with 24,28,567 shares getting traded on Thursday. Post opening the session at $79.66, the shares hit an intraday low of $79.13 and an intraday high of $79.8 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.