Short Interest Runner: How Analysts Feel About Duke Energy Corporation (NYSE:DUK) After Decrease in Sellers?

December 1, 2016 - By Winifred Garcia   ·   0 Comments

Short Interest Runner: How Analysts Feel About Duke Energy Corporation (NYSE:DUK) After Decrease in Sellers?

The stock of Duke Energy Corporation (NYSE:DUK) registered a decrease of 5.1% in short interest. DUK’s total short interest was 9.22 million shares in December as published by FINRA. Its down 5.1% from 9.71 million shares, reported previously. With 2.51 million shares average volume, it will take short sellers 4 days to cover their DUK’s short positions. The short interest to Duke Energy Corporation’s float is 1.34%. The stock closed at $73.77 during the last session. It is down 5.83% since April 28, 2016 and is downtrending. It has underperformed by 11.76% the S&P500.

Duke Energy Corporation is an energy company. The company has a market cap of $49.09 billion. The Company’s divisions include Regulated Utilities, International Energy and Commercial Portfolio. It has a 18.56 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).

Insitutional Activity: The institutional sentiment decreased to 1.19 in 2016 Q2. Its down 0.07, from 1.26 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.
The California-based Natl Planning Corp has invested 0.27% in Duke Energy Corp (NYSE:DUK). Fifth Third Comml Bank has 0.36% invested in the company for 500,251 shares. Moreover, Kings Point Cap has 0.08% invested in Duke Energy Corp (NYSE:DUK) for 3,550 shares. Ipswich Investment has invested 1.21% of its portfolio in Duke Energy Corp (NYSE:DUK). Rocky Mountain Advisers, a Colorado-based fund reported 100 shares. Guardian Cap Advisors Lp accumulated 99,748 shares or 1.59% of the stock. Pensionfund Dsm Netherlands owns 57,500 shares or 0.66% of their US portfolio. Dubuque Fincl Bank & Tru Communications holds 0.03% or 1,704 shares in its portfolio. Smith Chas P Associate Pa Cpas has invested 0.08% of its portfolio in Duke Energy Corp (NYSE:DUK). Bokf Na, a Oklahoma-based fund reported 65,064 shares. Raymond James Finance Ser accumulated 0.24% or 283,368 shares. The New Jersey-based Bessemer Grp Inc has invested 0.01% in Duke Energy Corp (NYSE:DUK). The Georgia-based Atlantic Gru Ltd Liability Corp has invested 0.02% in Duke Energy Corp (NYSE:DUK). Schaper Benz And Wise Invest Counsel Wi last reported 0.92% of its portfolio in the stock. Cape Cod Five Cents National Bank & Trust accumulated 0.11% or 7,181 shares.

Duke Energy Corp (NYSE:DUK) Ratings Coverage

Out of 14 analysts covering Duke Energy (NYSE:DUK), 1 rate it a “Buy”, 2 “Sell”, while 11 “Hold”. This means 7% are positive. Duke Energy has been the topic of 38 analyst reports since August 7, 2015 according to StockzIntelligence Inc. JP Morgan downgraded the shares of DUK in a report on Friday, February 19 to “Neutral” rating. The firm earned “Buy” rating on Tuesday, August 18 by Guggenheim. The firm earned “Neutral” rating on Monday, November 9 by UBS. The firm has “Buy” rating given on Monday, February 22 by UBS. The stock of Duke Energy Corp (NYSE:DUK) earned “Market Perform” rating by Wells Fargo on Tuesday, February 2. The firm has “Underperform” rating given on Monday, February 22 by Wolfe Research. On Monday, October 19 the stock rating was maintained by Suntrust Robinson with “Neutral”. BMO Capital Markets downgraded it to “Market Perform” rating and $74 target price in Friday, November 6 report. On Monday, August 29 the stock rating was maintained by Suntrust Robinson with “Neutral”. The rating was maintained by Mizuho on Monday, February 22 with “Neutral”.

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 news for Duke Energy Corp (NYSE:DUK) were recently published by: Bloomberg.com, which released: “Duke Energy Agrees to $27 Million Accord on CEO-Ouster Claim” on November 11, 2016. Insurancejournal.com‘s article titled: “Insurers to Fund $27 Million Duke Energy Accord Over Ouster of CEO” and published on November 14, 2016 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Winifred Garcia

Tags: , ,


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>