Kamunting Street Capital Management LP Lowered Stake in Intel (INTC) as Share Price Rose …

… Until Conclusion of 2019 Annual Meeting if Electe; 08/05/2018 – INTEL CAPITAL REPORTS OVER $70M NEW INVESTMENTS IN 12 STARTUPS; …

Intel Corporation (NASDAQ:INTC) Logo

Jarislowsky Fraser Ltd decreased its stake in Stantec Inc (STN) by 1.39% based on its latest 2018Q4 regulatory filing with the SEC. Jarislowsky Fraser Ltd sold 174,811 shares as the company’s stock declined 0.33% while stock markets rallied. The institutional investor held 12.37M shares of the military and government and technical company at the end of 2018Q4, valued at $270.94 million, down from 12.55 million at the end of the previous reported quarter. Jarislowsky Fraser Ltd who had been investing in Stantec Inc for a number of months, seems to be less bullish one the $2.71B market cap company. The stock increased 1.17% or $0.28 during the last trading session, reaching $24.27. About 10,713 shares traded. Stantec Inc. (NYSE:STN) has declined 4.28% since April 5, 2018 and is downtrending. It has underperformed by 8.65% the S&P500. Some Historical STN News: 27/03/2018 – Stantec Acquires Shrewsbury, England-Based ESI Consulting; 10/05/2018 – Stantec 1Q Adj EPS C$0.42; 10/05/2018 – Stantec 1Q Net C$36.8M; 26/04/2018 – Stantec Closes Above 50-Day Moving Average: Technicals; 10/05/2018 – Stantec 1Q Rev C$876.6M; 31/05/2018 – Stantec to Lead Environmental Assessment for Deepwater Wind Project in Maryland; 14/05/2018 – Stantec Takes Part in $55 Billion in Active Projects, Led by LNG Complex, Other Energy Feats, an Industrial Info News Alert; 19/03/2018 – STANTEC SIGNS LETTER OF INTENT TO BUY NORWEST; 26/04/2018 – Stantec Commences Strategic Review of MWH Constructors; 15/03/2018 Stantec to deliver concept design for raising Warragamba Dam west of Sydney

Kamunting Street Capital Management Lp decreased its stake in Intel Corp (INTC) by 70.37% based on its latest 2018Q4 regulatory filing with the SEC. Kamunting Street Capital Management Lp sold 190,000 shares as the company’s stock rose 10.40% with the market. The hedge fund held 80,000 shares of the semiconductors company at the end of 2018Q4, valued at $3.75M, down from 270,000 at the end of the previous reported quarter. Kamunting Street Capital Management Lp who had been investing in Intel Corp for a number of months, seems to be less bullish one the $251.57B market cap company. The stock increased 0.79% or $0.44 during the last trading session, reaching $55.92. About 16.52M shares traded. Intel Corporation (NASDAQ:INTC) has risen 12.75% since April 5, 2018 and is uptrending. It has outperformed by 8.38% the S&P500. Some Historical INTC News: 26/04/2018 – Intel Sees 2018 Tax Rate 13%; 31/05/2018 – EQS-News: Mobile TeleSystems PJSC: MTS, ERICSSON AND INTEL TESTED A CYBERSPORT VR GAME ON A 5G NETWORK; 09/05/2018 – Major technology companies like; 04/04/2018 – ePlus Wins Healthcare Solution Partner of the Year at Intel Technology Partner Awards; 21/03/2018 – U.S. SENATE INTEL CHAIRMAN BURR SAYS NEED FOR U.S. ELECTION SECURITY IS ‘URGENT,’ FIXES TODAY MAY NOT BE IN TIME TO SAVE SYSTEM FOR 2020; 14/03/2018 – V5 Systems to Showcase Market-Ready IoT Technology at Intel Partner Connect 2018; 19/03/2018 – INTEL CORP – BOARD VOTED UNANIMOUSLY TO EXTEND ANDY BRYANT’S TERM AS INTEL CHAIRMAN; 19/03/2018 – Intel’s Bryant Would Serve as Chmn Until Conclusion of 2019 Annual Meeting if Electe; 08/05/2018 – INTEL CAPITAL REPORTS OVER $70M NEW INVESTMENTS IN 12 STARTUPS; 09/03/2018 – CNET Taiwan: Intel might buy Broadcom, which is trying to buy Qualcomm

Investors sentiment increased to 1 in Q4 2018. Its up 0.15, from 0.85 in 2018Q3. It improved, as 52 investors sold INTC shares while 677 reduced holdings. 141 funds opened positions while 588 raised stakes. 2.96 billion shares or 3.57% more from 2.86 billion shares in 2018Q3 were reported. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt has 731,400 shares. Bragg Financial Advsrs Inc stated it has 214,114 shares. Cs Mckee Limited Partnership, Pennsylvania-based fund reported 792,045 shares. Coastline Trust Com, Rhode Island-based fund reported 102,630 shares. Trustco Bancorp Corporation N Y holds 6.82% in Intel Corporation (NASDAQ:INTC) or 78,527 shares. Puzo Michael J has 3.55% invested in Intel Corporation (NASDAQ:INTC). Cornerstone reported 0.23% in Intel Corporation (NASDAQ:INTC). Hoertkorn Richard Charles reported 96,350 shares. Heritage holds 645,801 shares or 2.03% of its portfolio. The New York-based Tiaa Cref Invest Mgmt Limited Liability has invested 0.73% in Intel Corporation (NASDAQ:INTC). Kbc Gp Nv reported 2.09M shares stake. Swiss Savings Bank owns 14.99 million shares. Ativo Capital Limited Company reported 23,487 shares. Payden & Rygel owns 312,900 shares or 1.18% of their US portfolio. Mastrapasqua Asset Inc has invested 2.28% of its portfolio in Intel Corporation (NASDAQ:INTC).

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Nasdaq.com which released: “After Hours Most Active for Mar 22, 2019 : AEG, MS, QQQ, ELAN, LLY, VIPS, MAR, F, JD, INTC, MSFT, AMD – Nasdaq” on March 22, 2019, also Seekingalpha.com with their article: “Intel’s 5G modem still coming in 2020 – Seeking Alpha” published on April 04, 2019, Nasdaq.com published: “Why Intel Stock Rose 12% in February – Nasdaq” on March 06, 2019. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Investorplace.com and their article: “5 Chip Stocks on the Rise – Investorplace.com” published on March 18, 2019 as well as Benzinga.com‘s news article titled: “Qualcomm (NASDAQ:QCOM) CFO Leaves To Join Rival Intel (NASDAQ:INTC) – Benzinga” with publication date: April 03, 2019.

Since October 25, 2018, it had 2 insider buys, and 9 insider sales for $893,356 activity. SWAN ROBERT HOLMES had bought 5,263 shares worth $245,993 on Thursday, December 6. Rodgers Steven Ralph had sold 2,235 shares worth $102,050 on Thursday, October 25. Shares for $295,945 were sold by McBride Kevin Thomas on Tuesday, October 30.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on April, 25. They expect $0.87 EPS, 0.00% or $0.00 from last year’s $0.87 per share. INTC’s profit will be $3.91B for 16.07 P/E if the $0.87 EPS becomes a reality. After $1.28 actual EPS reported by Intel Corporation for the previous quarter, Wall Street now forecasts -32.03% negative EPS growth.

Kamunting Street Capital Management Lp, which manages about $1.38B and $108.91M US Long portfolio, upped its stake in American Airls Group Inc (NASDAQ:AAL) by 183,875 shares to 282,908 shares, valued at $9.08 million in 2018Q4, according to the filing. It also increased its holding in Goldman Sachs Group Inc (NYSE:GS) by 53,356 shares in the quarter, for a total of 134,771 shares, and has risen its stake in Platform Specialty Prods Cor (NYSE:PAH).

More notable recent Stantec Inc. (NYSE:STN) news were published by: Seekingalpha.com which released: “Stantec declares CAD 0.145 dividend – Seeking Alpha” on February 28, 2019, also Seekingalpha.com with their article: “Stantec signs LOI to acquire True Grit Engineering – Seeking Alpha” published on August 28, 2018, Businesswire.com published: “Stantec Executives to Hold Fourth Quarter and Year End 2018 Conference Call – Business Wire” on February 07, 2019. More interesting news about Stantec Inc. (NYSE:STN) were released by: Streetinsider.com and their article: “Stantec (STN) Tops Q4 EPS by 5c, Revenues Beat – StreetInsider.com” published on February 28, 2019 as well as Seekingalpha.com‘s news article titled: “Stantec Inc. (STN) CEO Gord Johnston on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: November 11, 2018.

Analysts await Stantec Inc. (NYSE:STN) to report earnings on May, 9. They expect $0.38 EPS, up 15.15% or $0.05 from last year’s $0.33 per share. STN’s profit will be $42.49 million for 15.97 P/E if the $0.38 EPS becomes a reality. After $0.30 actual EPS reported by Stantec Inc. for the previous quarter, Wall Street now forecasts 26.67% EPS growth.

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

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Duke Energy Corp (NYSE:DUK) Shares Sold by Jarislowsky Fraser Ltd

Jarislowsky Fraser Ltd reduced its holdings in Duke Energy Corp (NYSE:DUK) by 1.7% during the 4th quarter, according to its most recent filing with …

Duke Energy logoJarislowsky Fraser Ltd reduced its holdings in Duke Energy Corp (NYSE:DUK) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 159,584 shares of the utilities provider’s stock after selling 2,755 shares during the period. Jarislowsky Fraser Ltd’s holdings in Duke Energy were worth $13,772,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc increased its stake in shares of Duke Energy by 2.9% during the 3rd quarter. Vanguard Group Inc now owns 54,434,882 shares of the utilities provider’s stock worth $4,355,880,000 after purchasing an additional 1,539,841 shares during the last quarter. BlackRock Inc. increased its stake in shares of Duke Energy by 2.3% during the 3rd quarter. BlackRock Inc. now owns 47,043,416 shares of the utilities provider’s stock worth $3,764,415,000 after purchasing an additional 1,065,607 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Duke Energy by 0.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,862,028 shares of the utilities provider’s stock worth $1,589,358,000 after purchasing an additional 121,046 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Duke Energy by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 14,274,081 shares of the utilities provider’s stock worth $1,142,212,000 after purchasing an additional 314,933 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Duke Energy by 12.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,465,312 shares of the utilities provider’s stock worth $517,355,000 after purchasing an additional 706,008 shares during the last quarter. Hedge funds and other institutional investors own 60.38% of the company’s stock.

Shares of DUK stock traded up $0.04 during midday trading on Wednesday, hitting $89.57. 3,127,200 shares of the company were exchanged, compared to its average volume of 3,230,643. The company has a market capitalization of $64.07 billion, a price-to-earnings ratio of 18.98, a PEG ratio of 3.56 and a beta of 0.06. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.44 and a current ratio of 0.65. Duke Energy Corp has a 52 week low of $71.96 and a 52 week high of $91.35.

Duke Energy (NYSE:DUK) last announced its earnings results on Thursday, February 14th. The utilities provider reported $0.84 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.05). The company had revenue of $6.12 billion for the quarter, compared to the consensus estimate of $5.84 billion. Duke Energy had a return on equity of 7.80% and a net margin of 10.87%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.94 EPS. Sell-side analysts forecast that Duke Energy Corp will post 4.97 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 18th. Shareholders of record on Friday, February 15th will be issued a $0.9275 dividend. This represents a $3.71 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date of this dividend is Thursday, February 14th. Duke Energy’s dividend payout ratio is currently 78.60%.

Several research analysts have recently weighed in on the stock. ValuEngine upgraded shares of Duke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, November 21st. Barclays boosted their price objective on shares of Duke Energy from $86.00 to $88.00 and gave the stock a “hold” rating in a research note on Monday, November 19th. Credit Suisse Group lowered shares of Duke Energy from an “outperform” rating to a “neutral” rating in a research note on Friday, February 15th. Bank of America lowered shares of Duke Energy from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $88.00 to $87.00 in a research note on Wednesday, January 9th. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered shares of Duke Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, January 8th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $85.15.

In other Duke Energy news, EVP Lloyd M. Yates sold 3,500 shares of the business’s stock in a transaction dated Tuesday, February 26th. The shares were sold at an average price of $88.51, for a total value of $309,785.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Lynn J. Good sold 15,000 shares of the business’s stock in a transaction dated Thursday, February 28th. The shares were sold at an average price of $89.92, for a total transaction of $1,348,800.00. The disclosure for this sale can be found here. Insiders sold a total of 21,250 shares of company stock valued at $1,900,878 in the last three months. Insiders own 0.08% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was reported by Fairfield Current and is the property of of Fairfield Current. If you are reading this news story on another publication, it was illegally stolen and republished in violation of United States & international copyright & trademark law. The correct version of this news story can be viewed at https://www.fairfieldcurrent.com/news/2019/03/06/duke-energy-corp-duk-position-lessened-by-jarislowsky-fraser-ltd.html.

Duke Energy Profile

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. 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 sources, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.

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Institutional Ownership by Quarter for Duke Energy (NYSE:DUK)

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Jarislowsky Fraser LTD Has Cut 3M Company (MMM) Holding as Valuation Declined; Salem …

Some Historical MMM News: 04/04/2018 – 3M Selects C3 IoT As Strategic AI Software Platform; 05/03/2018 – CNBC Now: BREAKING: 3M appoints …

NCR Corporation (NYSE:NCR) Logo

Jarislowsky Fraser Ltd decreased its stake in 3M Company (MMM) by 0.67% based on its latest 2018Q3 regulatory filing with the SEC. Jarislowsky Fraser Ltd sold 5,037 shares as the company’s stock declined 6.86% with the market. The institutional investor held 745,112 shares of the medical and dental instruments company at the end of 2018Q3, valued at $141.77 million, down from 750,149 at the end of the previous reported quarter. Jarislowsky Fraser Ltd who had been investing in 3M Company for a number of months, seems to be less bullish one the $120.36 billion market cap company. The stock decreased 0.17% or $0.35 during the last trading session, reaching $209.03. About 1.54M shares traded. 3M Company (NYSE:MMM) has declined 17.47% since February 28, 2018 and is downtrending. It has underperformed by 17.47% the S&P500. Some Historical MMM News: 04/04/2018 – 3M Selects C3 IoT As Strategic AI Software Platform; 05/03/2018 – CNBC Now: BREAKING: 3M appoints Michael F. Roman as CEO,effective July 1. Current CEO Inge Thulin becomes executive; 09/04/2018 – 3M Announces Upcoming Investor Events; 24/04/2018 – CORNING – FOR 2018, OPTICAL COMMUNICATIONS SALES EXPECTED TO INCREASE BY ABOUT 10%, EXCLUDING CONTRIBUTION FROM PENDING ACQUISITION OF A 3M DIVISION; 15/05/2018 – 3M Co Presenting at Electrical Products Group Conference May 21; 22/05/2018 – Vomela/3M Teambuilding Event Results in Donation to the YMCA of the Greater Twin Cities; 24/04/2018 – 3M Now Sees 2018 Organic Local-Currency Sales Growth 3%-4%; 24/04/2018 – 3M CO SEES FY EPS $8.68 TO $9.03, SAW $10.20 TO $10.70; 07/03/2018 – APPLE SAYS IT TRAINED 3M SUPPLIER WORKERS ON RIGHTS IN 2017; 24/04/2018 – 3M 1Q EPS 98c

Salem Capital Management Inc decreased its stake in Ncr Corp. (NCR) by 11.72% based on its latest 2018Q3 regulatory filing with the SEC. Salem Capital Management Inc sold 16,175 shares as the company’s stock declined 10.55% with the market. The institutional investor held 121,850 shares of the office equipment and supplies and services company at the end of 2018Q3, valued at $3.46M, down from 138,025 at the end of the previous reported quarter. Salem Capital Management Inc who had been investing in Ncr Corp. for a number of months, seems to be less bullish one the $3.33 billion market cap company. The stock decreased 0.78% or $0.22 during the last trading session, reaching $28.03. About 1.08 million shares traded or 2.18% up from the average. NCR Corporation (NYSE:NCR) has declined 19.76% since February 28, 2018 and is downtrending. It has underperformed by 19.76% the S&P500. Some Historical NCR News: 22/03/2018 – NCR CEO Bill Nuti to Step Down for Health Reasons; 19/04/2018 – NCR Remains #1 Provider of Multivendor ATM Software in 2018 RBR Industry Report; 13/03/2018 – NCR’s Andrea Ledford Named to Metro Atlanta Chamber Innovation & Entrepreneurship Advisory Board; 22/03/2018 – NCR: Nuti Will Be Named Chmn Emeritus and Serve as Consultant; 23/05/2018 – The ‘India Pharma Week’ Moves to Delhi-NCR in 2018; 01/05/2018 – NCR 1Q REV. $1.52B, EST. $1.47B; 22/03/2018 – NCR Board Conducting CEO Search, Expected to Be Completed in Next Couple of Months; 01/05/2018 – NCR 1Q ADJ EPS 56C, EST. 45C; 06/03/2018 NCR’s Mike Groesch Appointed Co-Chairperson of Metro Atlanta Chamber IoT Council; 22/03/2018 – NCR Reaffirms 1Q and Full Yr Fincl Guidance

Since September 10, 2018, it had 1 insider buy, and 11 sales for $17.53 million activity. The insider Vrohidis Ippocratis sold $1.63M. $1.87M worth of 3M Company (NYSE:MMM) was sold by Keel Paul A. Lindekugel Jon T had sold 5,940 shares worth $1.19 million. Shares for $942,450 were sold by Gangestad Nicholas C on Thursday, February 7. Shares for $3.22M were sold by Bauman James L on Monday, February 11. $1.77M worth of 3M Company (NYSE:MMM) was sold by Vale Michael G. on Thursday, February 7.

Jarislowsky Fraser Ltd, which manages about $33.95 billion and $16.12 billion US Long portfolio, upped its stake in Unilever Nv Ny (NYSE:UN) by 71,906 shares to 564,080 shares, valued at $30.34M in 2018Q3, according to the filing. It also increased its holding in Unitedhealth Group Incorporated (NYSE:UNH) by 8,861 shares in the quarter, for a total of 568,402 shares, and has risen its stake in Mastercard Inc (NYSE:MA).

More notable recent 3M Company (NYSE:MMM) news were published by: Streetinsider.com which released: “3M Co. (MMM) Reports Settlement of Patent Infringement Lawsuit with Elo Touch Solutions Inc. – StreetInsider.com” on January 31, 2019, also Streetinsider.com with their article: “3M Co. (MMM) Tops Q4 EPS by 3c, Revenues Beat; Lowers FY19 EPS Guidance – StreetInsider.com” published on January 29, 2019, 247Wallst.com published: “How 3M Is Driving the Dow After Earnings – 24/7 Wall St.” on January 29, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Investorplace.com and their article: “5 Industrial Stocks to Buy – Investorplace.com” published on January 30, 2019 as well as Globenewswire.com‘s news article titled: “New Research: Key Drivers of Growth for PayPal, Twilio, TransUnion, Wynn Resorts, The Progressive, and 3M — Factors of Influence, Major Initiatives and Sustained Production – GlobeNewswire” with publication date: February 27, 2019.

Investors sentiment increased to 1.03 in 2018 Q3. Its up 0.06, from 0.97 in 2018Q2. It is positive, as 47 investors sold MMM shares while 535 reduced holdings. 117 funds opened positions while 480 raised stakes. 371.40 million shares or 0.76% less from 374.25 million shares in 2018Q2 were reported. Beddow reported 2,900 shares. Raymond James Financial Svcs accumulated 0.2% or 214,710 shares. Clark Mngmt Gru holds 8,690 shares. Fin Mngmt Incorporated invested 0% of its portfolio in 3M Company (NYSE:MMM). Moreover, Guggenheim Ltd Liability has 0.26% invested in 3M Company (NYSE:MMM). Jane Street Grp Inc Limited Liability Corporation has 0.03% invested in 3M Company (NYSE:MMM). Regions Finance Corp invested in 1.06% or 468,559 shares. Moreover, Boston Private Wealth Ltd Company has 0.36% invested in 3M Company (NYSE:MMM) for 48,846 shares. Alley Communications Ltd Liability invested in 24,468 shares or 1.58% of the stock. Court Place Advisors Ltd Liability Com reported 1,341 shares. Evanston Invs Dba Evanston Advsr holds 2,162 shares. 650,864 were accumulated by Raymond James Assocs. De Burlo Gru Incorporated holds 0.45% of its portfolio in 3M Company (NYSE:MMM) for 11,351 shares. Regal Investment Advisors Limited Liability accumulated 7,932 shares. Winch Advisory Svcs Limited Liability has 4,459 shares for 0.47% of their portfolio.

More notable recent NCR Corporation (NYSE:NCR) news were published by: Businesswire.com which released: “NCR Announces Fourth Quarter and Full Year 2018 Earnings Conference Call – Business Wire” on January 29, 2019, also Seekingalpha.com with their article: “NCR reports beats, guides downside EPS – Seeking Alpha” published on February 07, 2019, Globenewswire.com published: “Investor Expectations to Drive Momentum within Republic Services, Frontier Communications, ServiceMaster Global, NCR, Principal Financial Group, and Marriott International — Discovering Underlying Factors of Influence – GlobeNewswire” on January 31, 2019. More interesting news about NCR Corporation (NYSE:NCR) were released by: Investorplace.com and their article: “The 10 Best Cheap Stocks to Buy Right Now – Investorplace.com” published on February 19, 2019 as well as Businesswire.com‘s news article titled: “NCR Announces Fourth Quarter and Full Year 2018 Results – Business Wire” with publication date: February 07, 2019.

3M Company (NYSE:MMM) Institutional Positions Chart

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Duke Energy Corp (DUK) Position Lessened by Jarislowsky Fraser Ltd

Jarislowsky Fraser Ltd lessened its holdings in Duke Energy Corp (NYSE:DUK) by 1.7% during the fourth quarter, according to its most recent …

Duke Energy logoJarislowsky Fraser Ltd lessened its holdings in Duke Energy Corp (NYSE:DUK) by 1.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 159,584 shares of the utilities provider’s stock after selling 2,755 shares during the period. Jarislowsky Fraser Ltd’s holdings in Duke Energy were worth $13,772,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc raised its position in Duke Energy by 2.9% during the third quarter. Vanguard Group Inc now owns 54,434,882 shares of the utilities provider’s stock valued at $4,355,880,000 after purchasing an additional 1,539,841 shares in the last quarter. BlackRock Inc. raised its position in Duke Energy by 2.3% during the third quarter. BlackRock Inc. now owns 47,043,416 shares of the utilities provider’s stock valued at $3,764,415,000 after purchasing an additional 1,065,607 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Duke Energy by 0.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 19,862,028 shares of the utilities provider’s stock valued at $1,589,358,000 after purchasing an additional 121,046 shares in the last quarter. Franklin Resources Inc. raised its position in Duke Energy by 2.3% during the third quarter. Franklin Resources Inc. now owns 14,274,081 shares of the utilities provider’s stock valued at $1,142,212,000 after purchasing an additional 314,933 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Duke Energy by 12.3% during the third quarter. Bank of New York Mellon Corp now owns 6,465,312 shares of the utilities provider’s stock valued at $517,355,000 after purchasing an additional 706,008 shares in the last quarter. Institutional investors own 60.33% of the company’s stock.

DUK has been the topic of several analyst reports. Zacks Investment Research downgraded Duke Energy from a “buy” rating to a “hold” rating in a report on Tuesday, January 8th. Wells Fargo & Co cut their target price on Duke Energy from $89.00 to $88.00 and set a “market perform” rating on the stock in a research note on Monday, November 5th. ValuEngine raised Duke Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, November 21st. Barclays lifted their price objective on Duke Energy from $86.00 to $88.00 and gave the company a “hold” rating in a research report on Monday, November 19th. Finally, Bank of America cut Duke Energy from a “buy” rating to a “neutral” rating and cut their price objective for the company from $88.00 to $87.00 in a research report on Wednesday, January 9th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $85.00.

DUK stock opened at $90.17 on Tuesday. Duke Energy Corp has a 52-week low of $71.96 and a 52-week high of $91.35. The company has a market cap of $64.28 billion, a PE ratio of 19.73, a price-to-earnings-growth ratio of 3.65 and a beta of 0.06. The company has a quick ratio of 0.46, a current ratio of 0.68 and a debt-to-equity ratio of 1.17.

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 18th. Stockholders of record on Friday, February 15th will be issued a dividend of $0.9275 per share. The ex-dividend date is Thursday, February 14th. This represents a $3.71 annualized dividend and a dividend yield of 4.11%. Duke Energy’s payout ratio is 81.18%.

ILLEGAL ACTIVITY NOTICE: “Duke Energy Corp (DUK) Position Lessened by Jarislowsky Fraser Ltd” was originally reported by Fairfield Current and is the property of of Fairfield Current. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.fairfieldcurrent.com/news/2019/02/12/duke-energy-corp-duk-position-lessened-by-jarislowsky-fraser-ltd.html.

About Duke Energy

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. 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 sources, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.

Further Reading: Is the Dow Jones Industrial Average (DJIA) still relevant?

Want to see what other hedge funds are holding DUK?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Duke Energy Corp (NYSE:DUK).

Institutional Ownership by Quarter for Duke Energy (NYSE:DUK)

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Jarislowsky Fraser Ltd Decreases Stake in Thomson Reuters Corp (TRI)

Cerebellum GP LLC acquired a new stake in Thomson Reuters during the third quarter worth about $190,000. Bridgewater Associates LP increased …

Thomson Reuters logoJarislowsky Fraser Ltd reduced its holdings in Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) by 13.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,069,405 shares of the business services provider’s stock after selling 1,439,528 shares during the period. Thomson Reuters makes up 3.0% of Jarislowsky Fraser Ltd’s holdings, making the stock its 11th biggest position. Jarislowsky Fraser Ltd owned 1.81% of Thomson Reuters worth $437,799,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of TRI. Deutsche Bank AG increased its position in Thomson Reuters by 13.8% during the third quarter. Deutsche Bank AG now owns 683,260 shares of the business services provider’s stock worth $31,207,000 after purchasing an additional 82,605 shares during the last quarter. Vanguard Group Inc. increased its position in Thomson Reuters by 2.6% during the third quarter. Vanguard Group Inc. now owns 7,307,472 shares of the business services provider’s stock worth $333,806,000 after purchasing an additional 182,469 shares during the last quarter. Cerebellum GP LLC acquired a new stake in Thomson Reuters during the third quarter worth about $190,000. Bridgewater Associates LP increased its position in Thomson Reuters by 16.6% during the third quarter. Bridgewater Associates LP now owns 124,094 shares of the business services provider’s stock worth $5,658,000 after purchasing an additional 17,693 shares during the last quarter. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its position in Thomson Reuters by 110.0% during the third quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 978,900 shares of the business services provider’s stock worth $57,696,000 after purchasing an additional 512,800 shares during the last quarter. 33.36% of the stock is currently owned by hedge funds and other institutional investors.

TRI has been the subject of several recent analyst reports. Morgan Stanley set a $51.00 price objective on shares of Thomson Reuters and gave the stock a “buy” rating in a research report on Monday, October 15th. Goldman Sachs Group initiated coverage on shares of Thomson Reuters in a research report on Thursday, October 18th. They set a “neutral” rating for the company. Canaccord Genuity cut shares of Thomson Reuters from a “buy” rating to a “hold” rating and raised their price objective for the stock from $50.00 to $52.00 in a research report on Wednesday, December 5th. TD Securities reiterated a “buy” rating and set a $69.00 price target on shares of Thomson Reuters in a research report on Wednesday, November 7th. Finally, Barclays reiterated a “hold” rating and set a $55.00 price target on shares of Thomson Reuters in a research report on Sunday, December 9th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. Thomson Reuters has a consensus rating of “Hold” and a consensus target price of $52.91.

Shares of TRI traded down $0.26 during trading on Wednesday, reaching $53.07. 2,046 shares of the company traded hands, compared to its average volume of 467,685. Thomson Reuters Corp has a twelve month low of $40.25 and a twelve month high of $54.15. The stock has a market cap of $26.44 billion, a PE ratio of 19.24, a P/E/G ratio of 4.64 and a beta of 0.56. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.45 and a quick ratio of 2.45.

Thomson Reuters (NYSE:TRI) (TSE:TRI) last announced its quarterly earnings results on Tuesday, November 6th. The business services provider reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.07. Thomson Reuters had a net margin of 16.21% and a return on equity of 6.10%. The business had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period last year, the business earned $0.27 earnings per share. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. As a group, sell-side analysts expect that Thomson Reuters Corp will post 0.64 earnings per share for the current fiscal year.

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Thomson Reuters Company Profile

Thomson Reuters Corporation provides news and information for professional markets worldwide. The company operates through three segments: Financial & Risk, Legal, and Tax & Accounting. It sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics enabling transactions and connecting communities of trading, investment, financial, and corporate professionals.

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Institutional Ownership by Quarter for Thomson Reuters (NYSE:TRI)

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