Will Duke Energy Corp Go Down Anytime Soon? Option Trader Believe So

 Will Duke Energy Corp Go Down Anytime Soon? Option Trader Believe So

In today’s session Duke Energy Corp (DUK) recorded an unusually high (142) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious DUK decrease. With 142 contracts traded and 4984 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: DUK161118P00072500 closed last at: $0.2 or 0% . About 831,128 shares traded hands. Duke Energy Corp (NYSE:DUK) has declined 8.12% since April 18, 2016 and is downtrending. It has underperformed by 12.55% 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. The firm has “Buy” rating given on Friday, August 7 by Zacks. The stock of Duke Energy Corp (NYSE:DUK) earned “Neutral” rating by SunTrust on Monday, October 19. The rating was maintained by UBS with “Buy” on Monday, February 22. As per Friday, August 7, the company rating was maintained by Deutsche Bank. Mizuho maintained the shares of DUK in a report on Monday, February 22 with “Neutral” rating. The rating was maintained by Argus Research on Tuesday, September 15 with “Buy”. Howard Weil initiated Duke Energy Corp (NYSE:DUK) on Tuesday, November 17 with “Sector Perform” rating. SunTrust maintained it with “Neutral” rating and $85 target price in Monday, September 26 report. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, November 6. Suntrust Robinson maintained Duke Energy Corp (NYSE:DUK) rating on Monday, October 19. Suntrust Robinson has “Neutral” rating and $76 price target.

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 1.19 in Q2 2016. Its down 0.07, from 1.26 in 2016Q1. The ratio fall, 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.
Markston Intl Limited Liability Corp holds 0.12% of its portfolio in Duke Energy Corp (NYSE:DUK) for 15,264 shares. Pnc Fincl Grp Inc Inc last reported 0.06% of its portfolio in the stock. Mai Cap accumulated 6,845 shares or 0.05% of the stock. Moreover, First Personal Financial Services has 0.56% invested in Duke Energy Corp (NYSE:DUK) for 19,089 shares. Ameriprise Fin accumulated 1.80 million shares or 0.09% of the stock. Schmidt P J Investment last reported 1.34% of its portfolio in the stock. Retirement Of Alabama reported 351,211 shares or 0.18% of all its holdings. First City Capital Management last reported 1.37% of its portfolio in the stock. Evermay Wealth Mgmt Ltd Liability accumulated 0.12% or 2,779 shares. Whittier Com Of Nevada reported 5,854 shares or 0.06% of all its holdings. Moreover, Phocas Fincl Corp has 0.54% invested in Duke Energy Corp (NYSE:DUK) for 86,337 shares. Alley Com Llc holds 1.56% or 40,013 shares in its portfolio. Moreover, Sva Plumb Wealth Management Ltd Com has 0.12% invested in Duke Energy Corp (NYSE:DUK) for 8,906 shares. Burns J W And Co New York, a New York-based fund reported 2,633 shares. Bremer Trust National Association has 6,950 shares for 0.17% of their US portfolio.

Duke Energy Corporation is an energy company. The company has a market cap of $50.83 billion. The Company’s divisions include Regulated Utilities, International Energy and Commercial Portfolio. It has a 18.59 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 important recent Duke Energy Corp (NYSE:DUK) news were published by: Bloomberg.com which released: “Duke Energy Agrees to $27 Million Accord on CEO-Ouster Claim” on November 11, 2016, also Insurancejournal.com published article titled: “Insurers to Fund $27 Million Duke Energy Accord Over Ouster of CEO”, 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) was released by: Seekingalpha.com and their article: “Duke Energy Shareholders, Take Your Money And Run” with publication date: November 11, 2016.

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