Duke Energy Corp (NYSE:DUK): Institutional Investor Sentiment Down to 1.18

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Sentiment for Duke Energy Corp (NYSE:DUK)

Duke Energy Corp (NYSE:DUK) institutional sentiment decreased to 1.18 in 2019 Q2. Its down -0.02, from 1.2 in 2019Q1. The ratio dropped, as 442 active investment managers increased and started new equity positions, while 376 sold and decreased their equity positions in Duke Energy Corp. The active investment managers in our partner’s database reported: 7.04 billion shares, up from 425.27 million shares in 2019Q1. Also, the number of active investment managers holding Duke Energy Corp in their top 10 equity positions decreased from 10 to 7 for a decrease of 3. Sold All: 51 Reduced: 325 Increased: 357 New Position: 85.

Duke Energy Corporation, together with its subsidiaries, operates as an energy firm in the United States. The company has market cap of $68.42 billion. It operates through three divisions: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. It has a 20.77 P/E ratio. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.

The stock decreased 1.12% or $1.06 during the last trading session, reaching $93.9. About 2.96M shares traded or 8.69% up from the average. Duke Energy Corporation (NYSE:DUK) has risen 7.37% since September 13, 2018 and is uptrending. It has outperformed by 7.37% the S&P500.

Analysts await Duke Energy Corporation (NYSE:DUK) to report earnings on November, 1. They expect $1.73 EPS, up 4.85 % or $0.08 from last year’s $1.65 per share. DUK’s profit will be $1.26B for 13.57 P/E if the $1.73 EPS becomes a reality. After $1.12 actual EPS reported by Duke Energy Corporation for the previous quarter, Wall Street now forecasts 54.46 % EPS growth.

Bruce & Co. Inc. holds 6.08% of its portfolio in Duke Energy Corporation for 323,000 shares. Symons Capital Management Inc owns 125,559 shares or 4.6% of their US portfolio. Moreover, Cincinnati Casualty Co has 4.5% invested in the company for 66,300 shares. The South Carolina-based Canal Insurance Co has invested 4.36% in the stock. Stralem & Co Inc, a New York-based fund reported 65,045 shares.

Duke Energy Corporation (NYSE:DUK) Ratings Coverage

Ratings analysis reveals 0 of Duke Energy’s analysts are positive. Out of 4 Wall Street analysts rating Duke Energy, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $8800 while the high is $10000. The stock’s average target of $93 is -0.96% below today’s ($93.9) share price. DUK was included in 8 notes of analysts from April 4, 2019. Barclays Capital maintained it with “Equal-Weight” rating and $9400 target in Tuesday, June 18 report. As per Friday, June 14, the company rating was maintained by Morgan Stanley. Credit Suisse maintained the shares of DUK in report on Monday, September 9 with “Neutral” rating. Citigroup maintained it with “Neutral” rating and $8800 target in Tuesday, July 30 report. On Thursday, August 8 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, May 16.

More notable recent Duke Energy Corporation (NYSE:DUK) news were published by: Investorplace.com which released: “9 Best Dividend Stocks to Buy for Every Investor – Investorplace.com” on September 12, 2019, also Finance.Yahoo.com with their article: “Read This Before You Buy Duke Energy Corporation (NYSE:DUK) Because Of Its P/E Ratio – Yahoo Finance” published on September 09, 2019, Finance.Yahoo.com published: “What Kind Of Shareholder Appears On The Duke Energy Corporation’s (NYSE:DUK) Shareholder Register? – Yahoo Finance” on May 21, 2019. More interesting news about Duke Energy Corporation (NYSE:DUK) were released by: Prnewswire.com and their article: “Canadian Solar completes the sale of a 266-MWp Texas solar project to Duke Energy Renewables – PRNewswire” published on September 12, 2019 as well as Seekingalpha.com‘s news article titled: “Duke Energy buys fourth Texas solar project – Seeking Alpha” with publication date: September 12, 2019.

Duke Energy Corporation (NYSE:DUK) Institutional Positions Chart

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