Genesis Asset Managers Llp Decreased Ternium Sa Adr (TX) Position; Duke Energy (DUK) Has 1.05 Sentiment

December 6, 2017 - By Kurt Siggers

Duke Energy Corporation, together with its subsidiaries, operates as an energy firm in the United States. The company has market cap of $61.89 billion. It operates through three divisions: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. It has a 29.08 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.

Genesis Asset Managers Llp decreased Ternium Sa Adr (TX) stake by 25.76% reported in 2017Q2 SEC filing. Genesis Asset Managers Llp sold 1.18 million shares as Ternium Sa Adr (TX)’s stock rose 9.85%. The Genesis Asset Managers Llp holds 3.41 million shares with $95.75 million value, down from 4.59M last quarter. Ternium Sa Adr now has $5.68 billion valuation. The stock increased 3.41% or $0.95 during the last trading session, reaching $28.94. About 229,773 shares traded. Ternium S.A. (NYSE:TX) has risen 39.67% since December 6, 2016 and is uptrending. It has outperformed by 22.97% the S&P500.

Among 6 analysts covering Ternium (NYSE:TX), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Ternium had 12 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was initiated by HSBC with “Buy” on Friday, May 13. As per Monday, December 7, the company rating was upgraded by Morgan Stanley. HSBC downgraded Ternium S.A. (NYSE:TX) on Wednesday, November 9 to “Hold” rating. The stock of Ternium S.A. (NYSE:TX) earned “Overweight” rating by Morgan Stanley on Wednesday, December 6. Goldman Sachs initiated the shares of TX in report on Monday, August 10 with “Buy” rating. Citigroup upgraded the shares of TX in report on Wednesday, February 24 to “Buy” rating. As per Monday, May 9, the company rating was downgraded by Morgan Stanley.

Analysts await Ternium S.A. (NYSE:TX) to report earnings on February, 20. They expect $0.95 earnings per share, up 58.33% or $0.35 from last year’s $0.6 per share. TX’s profit will be $186.52M for 7.62 P/E if the $0.95 EPS becomes a reality. After $0.99 actual earnings per share reported by Ternium S.A. for the previous quarter, Wall Street now forecasts -4.04% negative EPS growth.

Genesis Asset Managers Llp increased Banco Macro Bansud Adr (NYSE:BMA) stake by 136,358 shares to 1.16M valued at $106.53M in 2017Q2. It also upped Liberty Global Plc Lilac Shs Cl A stake by 823,813 shares and now owns 8.27 million shares. Kosmos Energy Ltd (NYSE:KOS) was raised too.

The stock increased 0.52% or $0.46 during the last trading session, reaching $88.42. About 1.09 million shares traded. Duke Energy Corporation (DUK) has risen 8.31% since December 6, 2016 and is uptrending. It has underperformed by 8.39% the S&P500.

Bruce & Co. Inc. holds 6.64% of its portfolio in Duke Energy Corporation for 347,788 shares. Cincinnati Casualty Co owns 66,300 shares or 4.93% of their US portfolio. Moreover, Canal Insurance Co has 3.49% invested in the company for 114,166 shares. The New York-based Stralem & Co Inc has invested 2.97% in the stock. Aull & Monroe Investment Management Corp, a Alabama-based fund reported 61,976 shares.

Analysts await Duke Energy Corporation (NYSE:DUK) to report earnings on February, 15. They expect $0.92 EPS, up 13.58% or $0.11 from last year’s $0.81 per share. DUK’s profit will be $643.98M for 24.03 P/E if the $0.92 EPS becomes a reality. After $1.59 actual EPS reported by Duke Energy Corporation for the previous quarter, Wall Street now forecasts -42.14% negative EPS growth.

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