How Analysts Feel About Duke Energy Corp After Today’s Bullish Options Activity?

 How Analysts Feel About Duke Energy Corp After Today's Bullish Options Activity?

In today’s session Duke Energy Corp (DUK) registered an unusually high (230) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious DUK increase. With 230 contracts traded and 27614 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DUK161216C00080000 closed last at: $1 or 25% up. About 1.26M shares traded hands. Duke Energy Corp (NYSE:DUK) has declined 3.29% since April 5, 2016 and is downtrending. It has underperformed by 5.25% the S&P500.

Duke Energy Corp (NYSE:DUK) Ratings Coverage

Out of 14 analysts covering Duke Energy (NYSE:DUK), 1 rate it a “Buy”, 1 “Sell”, while 12 “Hold”. This means 7% are positive. Duke Energy has been the topic of 37 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Argus Research maintained the shares of DUK in a report on Thursday, October 22 with “Buy” rating. The firm earned “Hold” rating on Friday, November 6 by Deutsche Bank. The rating was downgraded by BMO Capital Markets on Friday, November 6 to “Market Perform”. The stock has “Buy” rating given by Guggenheim on Tuesday, August 18. The firm has “Hold” rating by Deutsche Bank given on Friday, August 7. The rating was maintained by Argus Research on Friday, January 8 with “Buy”. Howard Weil maintained Duke Energy Corp (NYSE:DUK) on Monday, November 7 with “Sector Perform” rating. SunTrust maintained it with “Neutral” rating and $85 target price in Monday, September 26 report. Argus Research maintained Duke Energy Corp (NYSE:DUK) on Tuesday, September 15 with “Buy” rating. On Friday, August 7 the stock rating was maintained by Deutsche Bank with “Hold”.

According to Zacks Investment Research, “Duke Energy Corporation is an integrated energy and energy services provider with the ability to offer physical delivery and management of both electricity and natural gas throughout the U.S. and abroad. Duke Energy provides these and other services through seven business segments: Electric Operations; Natural Gas Transmission; Field Services; Trading and Marketing; Global Asset Development; Other Energy Services; Real Estate Operations.”

Insitutional Activity: The institutional sentiment decreased to 1.26 in Q2 2016. Its down 0.11, from 1.37 in 2016Q1. The ratio worsened, as 54 funds sold all Duke Energy Corp shares owned while 329 reduced positions. 83 funds bought stakes while 401 increased positions. They now own 379.19 million shares or 4.66% less from 397.71 million shares in 2016Q1.
Cincinnati Fin holds 0.25% of its portfolio in Duke Energy Corp (NYSE:DUK) for 52,000 shares. Cypress Asset Mngmt Tx holds 0.22% or 12,604 shares in its portfolio. Williams Jones Assocs Limited Liability Co has 0.07% invested in the company for 18,421 shares. Bartlett And has invested 1.07% of its portfolio in Duke Energy Corp (NYSE:DUK). First Republic Management last reported 0.22% of its portfolio in the stock. Cwm Ltd Com last reported 0.45% of its portfolio in the stock. Cleararc Cap accumulated 0.28% or 16,750 shares. Visionary Asset Mgmt last reported 32,334 shares in the company. Payden Rygel last reported 1.74% of its portfolio in the stock. Eqis Capital Mgmt has 8,213 shares for 0.05% of their US portfolio. Dearborn Prtnrs Ltd Liability Corp accumulated 4,132 shares or 0.03% of the stock. Bb&T Securities Llc accumulated 0.4% or 301,424 shares. Deere And last reported 0.3% of its portfolio in the stock. Qualcomm Inc De holds 112,500 shares or 1.3% of its portfolio. Regentatlantic Cap Ltd Liability Company has 0.04% invested in the company for 4,865 shares.

Duke Energy Corporation is an energy company. The company has a market cap of $53.95 billion. The Company’s divisions include Regulated Utilities, International Energy and Commercial Portfolio. It has a 20.55 P/E ratio. Duke Energy’s subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc. (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke Energy Ohio, Inc. (Duke Energy Ohio), and Duke Energy Indiana, Inc. (Duke Energy Indiana).

DUK Company Profile

Duke Energy Corporation (Duke Energy), incorporated on May 3, 2005, is an energy company. The Firm conducts its activities in three business divisions: Regulated Utilities, International Energy and Commercial Portfolio. The Firm operates in the United States and Latin America primarily through its direct and indirect subsidiaries. Duke Energy’s subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc. (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke Energy Ohio, Inc. (Duke Energy Ohio), and Duke Energy Indiana, Inc. (Duke Energy Indiana).

More notable recent Duke Energy Corp (NYSE:DUK) news were published by: Reuters.com which released: “Duke Energy quarterly profit beats estimates” on November 04, 2016, also Bloomberg.com with their article: “Duke Exits Latin America Business With $1.6 Billion in Deals” published on October 10, 2016, Forbes.com published: “Duke Energy Stock Sees Short Interest Move 48.3% Lower” on October 26, 2016. More interesting news about Duke Energy Corp (NYSE:DUK) were released by: Seekingalpha.com and their article: “Duke Energy says ready to buy 500 electric trucks” published on November 07, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Duke Energy Corp files for shelf offering of $3 bln in variable deno…” with publication date: October 28, 2016.

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