The Investors Sell Duke Energy (DUK) on Strength on Analyst Downgrade

Galtero Lara
Marcha 13, 2018

CWA Asset Management Group LLC now owns 63,020 shares of the utilities provider's stock valued at $5,301,000 after acquiring an additional 7,440 shares in the last quarter. Shelton Capital Management who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $218.57B market cap company. The stock appeared $91.80 above its 52-week highs and is up 0.57% for the last five trades. About 22.23 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since March 9, 2017 and is uptrending. It has underperformed by 16.70% the S&P500.

First National Bank Of Omaha increased its stake in Duke Energy Corp New (DUK) by 10.28% based on its latest 2017Q3 regulatory filing with the SEC. Signaturefd LLC now owns 6,910 shares of the utilities provider's stock valued at $581,000 after acquiring an additional 1,053 shares in the last quarter. The institutional investor held 21,978 shares of the power generation company at the end of 2017Q3, valued at $1.84M, up from 17,801 at the end of the previous reported quarter. The stock increased 1.09% or $1.91 during the last trading session, reaching $176.94.

The closing will result in approximately $1.58 billion of net proceeds, before expenses (assuming each forward sale agreement is physically settled based on the initial forward sale price per share of $74.0720, as described more fully below).

Duke Energy Corporation (NYSE:DUK) gained 0.98% with the closing price of $75.99. It has underperformed by 8.39% the S&P500. S&Co Inc owns 2,438 shares for 0.03% of their portfolio. Stifel Finance Corp owns 884,221 shares.

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 25% are positive. NICE Systems had 28 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has "Buy" rating by Jefferies given on Tuesday, August 2. SunTrust maintained the stock with "Hold" rating in Monday, October 23 report. (NASDAQ:AAPL) earned "Buy" rating by Mizuho on Monday, February 27. (NYSE:DNR) rating on Monday, February 26. (NASDAQ:AAPL) has "Buy" rating given on Friday, November 3 by RBC Capital Markets. Goldman Sachs Group lowered shares of Duke Energy from a "buy" rating to a "neutral" rating and raised their price objective for the stock from $80.11 to $88.00 in a report on Wednesday, January 10th. (NASDAQ:AAPL). Stratos Wealth Limited has invested 1.49% in Apple Inc. As per Tuesday, August 18, the company rating was maintained by Guggenheim. L.P. (NYSE:KKR). Palo Capital Inc has 10,100 shares for 0.11% of their portfolio.

Investors sentiment increased to 1.07 in Q3 2017. The company has a quick ratio of 0.42, a current ratio of 0.68 and a debt-to-equity ratio of 1.17. It improved, as 48 investors sold DUK shares while 344 reduced holdings. The stock opened the day at $75.53, and settled at $75.99 by the end to experience a 0.98% change. Shares for $8.79 million were sold by SCHILLER PHILIP W on Tuesday, October 3. 31,500 were reported by Athena Cap Ltd Co.

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Duke Energy Corporation is one of the largest energy holding companies in the United States. Engineers Gate Manager LP invested 0.11% of its portfolio in Duke Energy Corporation (NYSE:DUK). Point72 Asset Management Ltd Partnership stated it has 311,765 shares. Lvw Advsr Ltd Liability Corporation holds 0.21% in Duke Energy Corporation (NYSE:DUK) or 6,387 shares. The utilities provider reported $0.94 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.91 by $0.03. The correct version of this article can be read at The Company operates in the United States through its direct and indirect subsidiaries. Mai Cap reported 6,698 shares. Meiji Yasuda Asset Management Limited owns 46,199 shares. The firm owned 15,695 shares of the utilities provider's stock after selling 816 shares during the period. 3,870,007 shares of the company's stock traded hands, compared to its average volume of 4,590,000.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It dived, as 32 investors sold KKR shares while 84 reduced holdings. 107 funds opened positions while 619 raised stakes. Timber Hill Ltd Com invested in 13,886 shares or 0.03% of the stock. Vision Capital Management invested in 0.07% or 2,526 shares. Atlas Browninc reported 0.18% stake. Amer Tru Llc reported 29,319 shares. Signature Estate Investment Ltd Limited Liability Company holds 0.16% of its portfolio in Apple Inc. Appleton Ptnrs Ma, a Massachusetts-based fund reported 7,132 shares. It also increased its holding in Unitedhealth Group Inc (NYSE:UNH) by 1,738 shares in the quarter, for a total of 2,912 shares, and has risen its stake in Procter And Gamble Co (NYSE:PG). Markel Corporation invested in 0.39% or 967,000 shares. Nomura Asset Limited invested 0.33% in Raytheon Company (NYSE:RTN). Barclays Capital maintained KKR & Co.

Among 38 analysts covering Cisco Systems Inc. (NYSE:DNR), 1 have Buy rating, 2 Sell and 9 Hold. Therefore 100% are positive. 4,724 were reported by Farmers. On Friday, November 3 the stock rating was maintained by RBC Capital Markets with "Hold". The rating was maintained by Oppenheimer with "Outperform" on Friday, February 12. BTIG Research maintained Apple Inc. (NASDAQ:CSCO) on Thursday, November 16 with "Buy" rating. The stock of Young & Co.'s Brewery, P.L.C. (LON:YNGA) earned "Overweight" rating by JP Morgan on Tuesday, January 2. 1 analysts gave its stock an Outperform rating. The firm has "Hold" rating given on Thursday, August 3 by BMO Capital Markets.

Focused Wealth Management Inc, which manages about $364.20 million and $299.86 million US Long portfolio, decreased its stake in Ishares Tr Msci Utd Kngdm (EWU) by 98,548 shares to 136,257 shares, valued at $4.75 million in 2017Q3, according to the filing. Wellington Shields & Ltd stated it has 6,341 shares.

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