Duke Energy Corp (DUK) Shares Bought by Hexavest Inc

Marco Green
January 13, 2018

Cullen Frost Bankers Inc who had been investing in Duke Energy Corp Com for a number of months, seems to be less bullish one the $55.98B market cap company. The stock decreased 1.39% or $1.13 during the last trading session, reaching $80.11. 3,206,450 shares of the company's stock were exchanged, compared to its average volume of 3,224,260.

Duke Energy Corp (NYSE DUK) traded down $1.03 during mid-day trading on Thursday, reaching $79.09. It has underperformed by 8.39% the S&P500. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Sunbelt Securities Inc. now owns 1,523 shares of the company's stock valued at $131,000 after buying an additional 190 shares during the last quarter. Dsam Partners Llp who had been investing in Philip Morris Intl Inc for a number of months, seems to be bullish on the $165.42 billion market cap company. About 529,892 shares traded.

CAPITAL RESEARCH GLOBAL INVESTORS lowered its stake in Duke Energy Corporation (NYSE:DUK) by 5.12% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. It has outperformed by 31.26% the S&P500. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2018/01/11/lynch-associates-in-has-2-47-million-holdings-in-duke-energy-corp-duk.html. Therefore 63% are positive. Citigroup boosted their target price on shares of Duke Energy from $74.00 to $77.00 and gave the company a "sell" rating in a research note on Tuesday, October 17th.

Among 20 analysts covering Duke Energy (NYSE:DUK), 4 have Buy rating, 2 Sell and 14 Hold. On Sunday, July 23 the stock rating was maintained by RBC Capital Markets with "Buy". The firm has "Hold" rating by SunTrust given on Wednesday, January 3. The stock of Duke Energy Corporation (NYSE:DUK) earned "Buy" rating by RBC Capital Markets on Sunday, October 1. On Thursday, August 10 the stock rating was maintained by Morgan Stanley with "Equal-Weight". The rating was maintained by SunTrust on Monday, December 11 with "Hold". The firm owned 235,329 shares of the company's stock after buying an additional 159,319 shares during the period. On Monday, February 22 the stock rating was downgraded by Wolfe Research to "Underperform". As per Friday, August 7, the company rating was maintained by Deutsche Bank.

Accredited Investors Inc. increased its holdings in Duke Energy by 0.7% during the 2nd quarter. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.41 and a current ratio of 0.71.

VANGUARD GROUP INC raised its stake in Nxt-ID, Inc. 391.64 million shares or 1.95% more from 384.16 million shares in 2017Q2 were reported. The lowest target is $71 while the high is $96. As per Friday, February 19, the company rating was downgraded by JP Morgan. Carret Asset Mgmt Lc, a New York-based fund reported 11,039 shares.

According to Zacks Investment Research, Duke Energy Corporation has a Consensus Recommendation of 3.2. Sg Americas Secs Ltd Liability Corp reported 0.15% stake. After $1.59 actual earnings per share reported by Duke Energy Corporation for the previous quarter, Wall Street now forecasts -42.14% negative EPS growth. Boston Family Office Ltd holds 0.73% or 57,831 shares. 3,637 are owned by Appleton Prtnrs Ma. Bremer Natl Association has invested 0.12% in Duke Energy Corporation (NYSE:DUK). Fifth Third Fincl Bank has 0.01% invested in EchoStar Corporation (NASDAQ:SATS) for 15,888 shares. The Company operates in the United States through its direct and indirect subsidiaries. Brandywine Invest Mngmt Limited Liability Company holds 517,192 shares. Busey stated it has 6,674 shares. 33,424 were accumulated by First Allied Advisory Svcs. Moreover, Sumitomo Life Ins Co has 0.3% invested in Duke Energy Corporation (NYSE:DUK) for 27,747 shares. (NYSE:ASGN) to report earnings on February, 13. DUK's profit will be $643.98M for 21.73 P/E if the $0.92 EPS becomes a reality. After $0.29 actual earnings per share reported by Grifols, S.A. for the previous quarter, Wall Street now forecasts 6.90% EPS growth. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell). Therefore 20% are positive. The company presently has an average rating of "Hold" and an average price target of $87.48. The firm has "Hold" rating by Jefferies given on Friday, October 20. On Tuesday, January 12 the stock rating was upgraded by Bank of America to "Neutral". The company was maintained on Tuesday, June 20 by Jefferies. Shoker Investment Counsel Inc. now owns 4,512 shares of the utilities provider's stock worth $377,000 after purchasing an additional 28 shares during the period.

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