Parametrica Management Ltd adds DTE Energy Co (DTE) to its portfolio

DTE Energy Co (DTE) : Parametrica Management Ltd added new position in DTE Energy Co during the most recent quarter end. The investment management firm now holds 3,110 shares of DTE Energy Co which is valued at $288,390 , the company said in a statement filed on Oct 13, 2016 with the SEC.DTE Energy Co makes up approximately 0.82% of Parametrica Management Ltd’s portfolio.

Other Hedge Funds, Including , Private Trust Co Na added DTE to its portfolio by purchasing 6,237 company shares during the most recent quarter which is valued at $578,357. DTE Energy Co makes up approx 0.14% of Private Trust Co Na’s portfolio.British Columbia Investment Management Corp boosted its stake in DTE in the latest quarter, The investment management firm added 6,335 additional shares and now holds a total of 69,284 shares of DTE Energy Co which is valued at $6,346,414. DTE Energy Co makes up approx 0.06% of British Columbia Investment Management Corp’s portfolio. Pensionfund Dsm Netherlands added DTE to its portfolio by purchasing 40,000 company shares during the most recent quarter which is valued at $3,664,000. DTE Energy Co makes up approx 0.51% of Pensionfund Dsm Netherlands’s portfolio. Daiwa Sb Investments Ltd. added DTE to its portfolio by purchasing 50 company shares during the most recent quarter which is valued at $4,580.Arvest Bank Trust Division reduced its stake in DTE by selling 1,197 shares or 0.96% in the most recent quarter. The Hedge Fund company now holds 123,880 shares of DTE which is valued at $11,373,423. DTE Energy Co makes up approx 0.96% of Arvest Bank Trust Division’s portfolio.

DTE Energy Co closed down -0.75 points or -0.81% at $91.6 with 15,20,657 shares getting traded on Tuesday. Post opening the session at $92.16, the shares hit an intraday low of $91.4 and an intraday high of $92.29 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, DTE Energy Co reported $0.98 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $0.89. The company had revenue of $2262.00 million for the quarter, compared to analysts expectations of $2303.39 million. The company’s revenue was down -.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.76 EPS.

DTE Energy Company (DTE) is an energy company. The Company’s other businesses are involved in natural gas pipelines gathering and storage power and industrial projects and energy marketing and trading operations. Its segments include Electric Gas Gas Storage and Pipelines Power and Industrial Projects Energy Trading and Corporate and Other. Its utility operations consist primarily of DTE Electric and DTE Gas. The Electric segment consists of DTE Electric which is engaged in the generation purchase distribution and sale of electricity to approximately 2.1 million customers in southeastern Michigan. The Gas segment consists of DTE Gas which is engaged in the purchase storage transportation distribution and sale of natural gas to approximately 1.2 million residential commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. Its Corporate and Other segment includes various holding company activities.

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