Short interest grew 3,722 over that period. HPM Partners LLC acquired a new position in Duke Energy Corporation in the 1st quarter valued at approximately $708,000.
Several other institutional investors and hedge funds have also modified their holdings of the company. Cheniere Energy, Inc. (NYSE:LNG) earnings have risen with a quarterly rate of 34.6% over the last 5 years. The fund owned 41,211 shares of the utilities provider's stock after acquiring an additional 1,494 shares during the quarter. Jolley Asset Management LLC now owns 1,499 shares of the utilities provider's stock valued at $125,000 after purchasing an additional 313 shares during the last quarter. Finally, Duke Energy Corporation's Return on Investment, a measure used to evaluate the efficiency of an investment, calculated by the return of an investment divided by the cost, stands at 4.50%. Advantage Investment Management LLC lifted its holdings in Duke Energy Corporation by 37.4% during the 1st quarter. The Incline Global Management Llc holds 102,936 shares with $9.64 million value, down from 487,000 last quarter. FSB MO increased its position in Duke Energy Corporation by 218.5% in the 1st quarter. They expect $1.62 EPS, down 3.57% or $0.06 from last year's $1.68 per share. BMO Capital Markets reiterated a "hold" rating and issued a $81.00 price target on shares of Duke Energy Corp in a report on Friday, April 28th. Taking a wider perspective, shares have been recently trading -1.65% off the 52-week high and 20.18% away from the 52-week low. The company's 50-day moving average is $86.04 and its 200 day moving average is $84.75.
The company is trading up by 0.67% percent from yesterday's close. Finally, BidaskClub cut shares of Duke Energy Corporation from a "buy" rating to a "hold" rating in a research report on Saturday, June 24th. The average estimate of Wall Street analysts had projected 1.01. Duke Energy Corporation had a return on equity of 7.72% and a net margin of 9.89%. The business's revenue was up 6.6% compared to the same quarter previous year. They expect $2.41 EPS, up 68.53% or $0.98 from last year's $1.43 per share. Equities analysts forecast that Duke Energy Corporation will post $4.60 EPS for the current fiscal year.
Duke Energy Corporation (NYSE DUK) opened at 86.39 on Thursday. If you are reading this piece on another domain, it was illegally stolen and republished in violation of USA and worldwide copyright legislation.
Duke Energy Corp (NYSE:DUK) last announced its earnings results on Tuesday, May 9th. 384.16 million shares or 0.66% more from 381.63 million shares in 2017Q1 were reported.
The collective rating of 3.1 for Duke Energy Corporation (NYSE:DUK) also leans strongly towards the bearish end of the spectrum. RBC Capital Markets maintained Duke Energy Corp (NYSE:DUK) rating on Sunday, July 23. Goldman Sachs Group, Inc. On September 8 Morgan Stanley made no change to the stock rating of "Equal-Weight" and raised the price target to $92.00 from $89.00. Credit Suisse maintained it with "Outperform" rating and $30 target in Thursday, October 5 report. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company.
In other news, EVP Douglas F. Esamann sold 5,000 shares of Duke Energy Corporation stock in a transaction on Monday, August 14th. The shares were purchased at an average price of $83.73 per share, for a total transaction of $293,055.00. Shares of the company are trading at $25.25 a tad under $25.44, the stock's 50 day moving average and which is a tad under the 200 day moving average of $25.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
EPS is a portion of a company's profit distributed to each outstanding common share. The Firm operates through three divisions: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables.