Today's Brokerage Rating: Duke Energy Corporation (DUK), Ross Stores, Inc. (ROST)

Marco Green
November 18, 2017

Jolley Asset Management LLC now owns 1,499 shares of the utilities provider's stock valued at $125,000 after purchasing an additional 313 shares in the last quarter. Sii Invs Inc Wi holds 0.05% in Duke Energy Corp (NYSE:DUK) or 10,314 shares. The institutional investor owned 7,817 shares of the utilities provider's stock after selling 1,219 shares during the quarter. Renaissance Technologies LLC now controls 2,541,667 shares valued at $213,297,000.

Among 19 analysts covering Duke Energy (NYSE:DUK), 3 have Buy rating, 2 Sell and 14 Hold. After a recent check, the 14-day RSI is now at 51.48, the 7-day stands at 53.54, and the 3-day is sitting at 74.18. Supplemental Annuity Collective Tru Of Nj has invested 0.3% in Duke Energy Corp (NYSE:DUK). State Street Corp now owns 33,919,431 shares of the utilities provider's stock worth $2,781,737,000 after acquiring an additional 451,100 shares during the period.

Mitsubishi Ufj Trust & Banking Corp bolstered its stake by buying 23,578 shares an increase of 1.4% in the quarter. Federated Investors Inc. PA now owns 9,473,847 shares of the utilities provider's stock valued at $791,919,000 after buying an additional 141,551 shares during the period. The total value of its holdings increased 3.9%. The Firm uses Ameriprise Financial as its enterprise brand, as well as the name of its advisor network and certain of its retail services and products. Instituational ownership is important too, as it can indicate larger banks have confidence in the company.

COPYRIGHT VIOLATION NOTICE: "Parametric Portfolio Associates LLC Has $151.36 Million Position in Duke Energy Corporation (DUK)" was reported by StockNewsTimes and is owned by of StockNewsTimes. The correct version of this piece of content can be read at https://weekherald.com/2017/11/17/duke-energy-corporation-duk-holdings-lifted-by-simmons-bank.html. It remained at 3.28% over last 3 months. The shares were sold at an average price of $89.95, for a total transaction of $449,750.00. The stock declined 1.53% or $1.39 reaching $89.19 on the news.

Great West Life Assurance Company increased its stake in Duke Energy Corp New (NYSE:DUK) by 21.41% based on its latest 2017Q3 regulatory filing with the SEC.

The counter witnessed a trading volume of 2.71 million shares versus an average volume of 2.27 million shares during last trading session. Sales growth quarter over quarter is -1.40%, indicating how the company may progress for the next quarter. On average, analysts forecast that Duke Energy Corp will post $4.69 earnings per share for the current fiscal year. The P/E ratio is 23.29 and market cap is 62.11B.

Geode Capital Management, LLC isn't the only one who has changed their investment in DUK. Duke Energy Corporation had a return on equity of 7.54% and a net margin of 9.09%. The firm had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter a year ago, the company posted $1.68 earnings per share. As of the last earnings report the EPS was $3.81 with 700.00M shares presently outstanding.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Friday, November 17th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, November 16th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 3.99%. Duke Energy Corporation's dividend payout ratio is now 117.49%.

DUK has been the topic of several recent analyst reports. The insider now holds 15,206 shares of Duke Energy Corporation (DUK). The stock has "Neutral" rating by Bank of America on Tuesday, January 12. Argus Research downgraded the stock to "Hold" rating in Wednesday, April 6 report. Howard Weil cut their target price on Duke Energy Corp from $88.00 to $83.00 and set a "sector perform" rating on the stock in a research note on Monday, November 7th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. Moreover, First Personal Ser has 0.33% invested in Duke Energy Corp (NYSE:DUK). The Company's segments include Regulated Utilities, International Energy and Commercial Portfolio. The Company operates in the United States through its direct and indirect subsidiaries.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER