State Street Corp Continues to Hold Position in Duke Energy Corp (DUK)

February 15, 2018 - By Henry Gaston

Investors sentiment increased to 1.07 in Q3 2017. Its up 0.02, from 1.05 in 2017Q2. It increased, as 48 investors sold DUK shares while 344 reduced holdings. 75 funds opened positions while 346 raised stakes. 391.64 million shares or 1.95% more from 384.16 million shares in 2017Q2 were reported. Peddock Capital Limited Liability Corp reported 330 shares or 0.01% of all its holdings. Birmingham Capital Mngmt Incorporated Al holds 47,408 shares or 1.58% of its portfolio. First Republic Invest Management Inc has invested 0.2% in Duke Energy Corporation (NYSE:DUK). Dekabank Deutsche Girozentrale reported 528,484 shares. Stanley invested 0.63% in Duke Energy Corporation (NYSE:DUK). Northern Tru Corporation reported 9.41M shares. Windsor Capital Management Lc reported 4,419 shares stake. Us-based Ancora Ltd Liability has invested 0.03% in Duke Energy Corporation (NYSE:DUK). Bkd Wealth Advsr Limited Company stated it has 4,789 shares or 0.04% of all its holdings. Wells Fargo & Mn accumulated 3.42M shares. Mengis Capital Management Inc holds 3,483 shares or 0.2% of its portfolio. Retirement Of Alabama stated it has 339,550 shares or 0.15% of all its holdings. First Interstate Natl Bank, Montana-based fund reported 5,882 shares. Umb Financial Bank N A Mo reported 261,180 shares stake. Dodge And Cox holds 0% or 11,368 shares in its portfolio.

State Street Corp increased its stake in Duke Energy Corp (DUK) by 0.13% based on its latest 2017Q3 regulatory filing with the SEC. State Street Corp bought 42,372 shares as the company’s stock rose 6.39% with the market. The institutional investor held 33.35M shares of the power generation company at the end of 2017Q3, valued at $2.80B, up from 33.31 million at the end of the previous reported quarter. State Street Corp who had been investing in Duke Energy Corp for a number of months, seems to be bullish on the $53.11B market cap company. The stock increased 1.73% or $1.29 during the last trading session, reaching $75.88. About 2.46 million shares traded. Duke Energy Corporation (NYSE:DUK) has risen 8.31% since February 15, 2017 and is uptrending. It has underperformed by 8.39% the S&P500.

State Street Corp, which manages about $1158.96B US Long portfolio, decreased its stake in Bhp Billiton Group (Aus) (NYSE:BHP) by 103,179 shares to 66,805 shares, valued at $2.71 million in 2017Q3, according to the filing. It also reduced its holding in Adobe Systems Inc (NASDAQ:ADBE) by 448,790 shares in the quarter, leaving it with 18.74M shares, and cut its stake in Ventas Inc (NYSE:VTR).

More notable recent Duke Energy Corporation (NYSE:DUK) news were published by: Usnews.com which released: “Duke Energy Won’t Force Neighbors to Waive All Legal Claims” on January 29, 2018, also Seekingalpha.com with their article: “Duke Energy: A Technical Buy At Current Levels” published on February 10, 2018, Bizjournals.com published: “Duke Energy touts high productivity at its nuclear plants in the Carolinas” on February 14, 2018. More interesting news about Duke Energy Corporation (NYSE:DUK) were released by: Usatoday.com and their article: “Duke Energy: We’ll pass along tax cut, but not too much” published on February 02, 2018 as well as Seekingalpha.com‘s news article titled: “Duke Energy: Looking Ripe For A Swing Play Only” with publication date: January 25, 2018.

Duke Energy Corporation (NYSE:DUK) Ratings Coverage

Among 20 analysts covering Duke Energy (NYSE:DUK), 4 have Buy rating, 2 Sell and 14 Hold. Therefore 20% are positive. Duke Energy had 73 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by SunTrust with “Hold” on Monday, February 5. RBC Capital Markets maintained it with “Buy” rating and $8700 target in Sunday, July 23 report. The firm earned “Buy” rating on Tuesday, August 18 by Guggenheim. The stock of Duke Energy Corporation (NYSE:DUK) earned “Buy” rating by UBS on Monday, February 22. As per Tuesday, February 13, the company rating was maintained by Morgan Stanley. The stock of Duke Energy Corporation (NYSE:DUK) has “Hold” rating given on Wednesday, January 10 by Goldman Sachs. The rating was upgraded by Credit Suisse to “Outperform” on Tuesday, January 23. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, October 18. On Monday, February 22 the stock rating was downgraded by Wolfe Research to “Underperform”. The stock of Duke Energy Corporation (NYSE:DUK) has “Neutral” rating given on Monday, March 7 by SunTrust.

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