Lowe Fs buys $30,807 stake in Duke Energy Corp (DUK)

Duke Energy Corp (DUK) : Lowe Fs scooped up 166 additional shares in Duke Energy Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 399 shares of Duke Energy Corp which is valued at $30,807.Duke Energy Corp makes up approximately 0.02% of Lowe Fs’s portfolio.

Other Hedge Funds, Including , Gierl Augustine Investment Management Inc boosted its stake in DUK in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 490 shares of Duke Energy Corp which is valued at $37,833. Duke Energy Corp makes up approx 0.04% of Gierl Augustine Investment Management Inc’s portfolio.Torch Wealth Management boosted its stake in DUK in the latest quarter, The investment management firm added 75 additional shares and now holds a total of 14,292 shares of Duke Energy Corp which is valued at $1,113,918. Duke Energy Corp makes up approx 0.82% of Torch Wealth Management’s portfolio.Raymond James Trust N.a. boosted its stake in DUK in the latest quarter, The investment management firm added 250 additional shares and now holds a total of 73,213 shares of Duke Energy Corp which is valued at $5,641,794. Duke Energy Corp makes up approx 0.49% of Raymond James Trust N.a.’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in DUK by selling 142,154 shares or 42.65% in the most recent quarter. The Hedge Fund company now holds 191,122 shares of DUK which is valued at $14,733,595. Duke Energy Corp makes up approx 0.06% of Bnp Paribas Arbitrage Sa’s portfolio.

Duke Energy Corp closed down -0.73 points or -0.94% at $77.21 with 24,60,481 shares getting traded on Friday. Post opening the session at $77.68, the shares hit an intraday low of $77.18 and an intraday high of $77.98 and the price fluctuated in this range throughout the day.Shares ended Friday 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 .

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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