Meiji Yasuda Life Insurance Co buys $3,459,909 stake in Duke Energy Corp (DUK)

Duke Energy Corp (DUK) : Meiji Yasuda Life Insurance Co scooped up 2,600 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 12, 2016. The investment management firm now holds a total of 41,441 shares of Duke Energy Corp which is valued at $3,459,909.Duke Energy Corp makes up approximately 0.53% of Meiji Yasuda Life Insurance Co’s portfolio.

Other Hedge Funds, Including , Mariner Wealth Advisors boosted its stake in DUK in the latest quarter, The investment management firm added 4,280 additional shares and now holds a total of 42,977 shares of Duke Energy Corp which is valued at $3,588,150. Duke Energy Corp makes up approx 0.19% of Mariner Wealth Advisors’s portfolio.Martingale Asset Management L P reduced its stake in DUK by selling 2,785 shares or 25.44% in the most recent quarter. The Hedge Fund company now holds 8,164 shares of DUK which is valued at $681,612. Duke Energy Corp makes up approx 0.01% of Martingale Asset Management L P’s portfolio.Edgemoor Investment Advisors boosted its stake in DUK in the latest quarter, The investment management firm added 15,129 additional shares and now holds a total of 31,548 shares of Duke Energy Corp which is valued at $2,686,312. Duke Energy Corp makes up approx 0.42% of Edgemoor Investment Advisors’s portfolio.Biondo Investment Advisors boosted its stake in DUK in the latest quarter, The investment management firm added 2,416 additional shares and now holds a total of 36,300 shares of Duke Energy Corp which is valued at $3,139,950. Duke Energy Corp makes up approx 1.08% of Biondo Investment Advisors’s portfolio.

Duke Energy Corp opened for trading at $80.11 and hit $80.61 on the upside on Monday, eventually ending the session at $80.44, with a gain of 0.65% or 0.52 points. The heightened volatility saw the trading volume jump to 19,23,422 shares. Company has a market cap of $55,418 M.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *