Beacon Financial Group Has Lowered By $338,772 Its Duke Energy Holdings (DUK) Position; Suncom Wireless Holdings Has 1.24 Sentiment

Tutor Perini Corporation (NYSE:TPC) Logo

Beacon Financial Group decreased Duke Energy Holdings Corp (DUK) stake by 3.57% reported in 2017Q4 SEC filing. Beacon Financial Group sold 4,033 shares as Duke Energy Holdings Corp (DUK)’s stock declined 8.40%. The Beacon Financial Group holds 108,882 shares with $9.16 million value, down from 112,915 last quarter. Duke Energy Holdings Corp now has $55.93 billion valuation. The stock decreased 0.41% or $0.33 during the last trading session, reaching $79.83. About 2.42 million shares traded. Duke Energy Corporation (NYSE:DUK) has declined 6.87% since May 2, 2017 and is downtrending. It has underperformed by 18.42% the S&P500.

Suncom Wireless Holdings Inc (TPC) investors sentiment decreased to 1.24 in 2017 Q4. It’s down -0.06, from 1.3 in 2017Q3. The ratio is negative, as 82 active investment managers started new or increased stock positions, while 66 reduced and sold their stock positions in Suncom Wireless Holdings Inc. The active investment managers in our database reported: 39.21 million shares, down from 39.47 million shares in 2017Q3. Also, the number of active investment managers holding Suncom Wireless Holdings Inc in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 23 Reduced: 43 Increased: 59 New Position: 23.

Tutor Perini Corporation provides diversified general contracting, construction management, and design-build services to private clients and public agencies worldwide. The company has market cap of $1.05 billion. It operates through three divisions: Civil, Building, and Specialty Contractors. It has a 7.17 P/E ratio. The Civil segment engages in the public works construction, replacement, and reconstruction of infrastructure, including highways, bridges, tunnels, mass-transit systems, and water management and wastewater treatment facilities.

The stock increased 1.45% or $0.3 during the last trading session, reaching $20.95. About 405,145 shares traded. Tutor Perini Corporation (TPC) has declined 28.47% since May 2, 2017 and is downtrending. It has underperformed by 40.02% the S&P500.

Towle & Co holds 2.34% of its portfolio in Tutor Perini Corporation for 934,900 shares. Hillcrest Asset Management Llc owns 381,695 shares or 1.75% of their US portfolio. Moreover, Walthausen & Co. Llc has 1.25% invested in the company for 523,440 shares. The Illinois-based Sg Capital Management Llc has invested 1.13% in the stock. Emerald Advisers Inc Pa, a Pennsylvania-based fund reported 1.13 million shares.

Ratings analysis reveals 75% of Tutor Perini’s analysts are positive. Out of 4 Wall Street analysts rating Tutor Perini, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $26.0 while the high is $28.0. The stock’s average target of $27 is 28.88% above today’s ($20.95) share price. TPC was included in 4 notes of analysts from August 24, 2016. The rating was upgraded by Seaport Global Securities on Monday, October 24 to “Buy”. M Partners upgraded Tutor Perini Corporation (NYSE:TPC) on Wednesday, August 24 to “Buy” rating. The firm earned “Sector Weight” rating on Friday, January 27 by KeyBanc Capital Markets. The firm has “Buy” rating by Standpoint Research given on Monday, October 3.

Since January 1, 0001, it had 0 insider buys, and 3 insider sales for $2.36 million activity.

Analysts await Duke Energy Corporation (NYSE:DUK) to report earnings on May, 10 before the open. They expect $1.12 earnings per share, up 7.69% or $0.08 from last year’s $1.04 per share. DUK’s profit will be $784.67M for 17.82 P/E if the $1.12 EPS becomes a reality. After $0.94 actual earnings per share reported by Duke Energy Corporation for the previous quarter, Wall Street now forecasts 19.15% EPS growth.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.06, from 1.07 in 2017Q3. It is positive, as 46 investors sold DUK shares while 352 reduced holdings. 100 funds opened positions while 348 raised stakes. 389.71 million shares or 0.49% less from 391.64 million shares in 2017Q3 were reported. Moreover, Wealthcare Management Lc has 0% invested in Duke Energy Corporation (NYSE:DUK) for 114 shares. Wendell David Assoc Inc has invested 0.07% in Duke Energy Corporation (NYSE:DUK). 11,210 are owned by Smith Moore Com. Barrett Asset Management Ltd Com owns 1,968 shares for 0.01% of their portfolio. Leavell Mngmt owns 61,295 shares. Dekabank Deutsche Girozentrale accumulated 528,484 shares or 0.36% of the stock. 18,833 are owned by Sigma Counselors. City Holdings has invested 0.53% in Duke Energy Corporation (NYSE:DUK). Cwm Limited Liability reported 1,349 shares. Smithfield Trust Communications reported 4,750 shares. State Of Tennessee Treasury Department owns 245,448 shares. Calamos Advsr Ltd Limited Liability Company has invested 0.06% in Duke Energy Corporation (NYSE:DUK). 4,708 were accumulated by Spinnaker. Eaton Vance Mgmt owns 73,288 shares. Segall Bryant Hamill Ltd Liability Co holds 0.02% or 9,109 shares in its portfolio.

Among 20 analysts covering Duke Energy (NYSE:DUK), 5 have Buy rating, 4 Sell and 11 Hold. Therefore 25% are positive. Duke Energy has $96 highest and $71 lowest target. $82.05’s average target is 2.78% above currents $79.83 stock price. Duke Energy had 89 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Hold” rating by SunTrust on Monday, December 11. The firm earned “Hold” rating on Sunday, January 28 by SunTrust. The company was maintained on Friday, November 6 by Deutsche Bank. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, August 10. Wolfe Research downgraded the shares of DUK in report on Monday, February 22 to “Underperform” rating. The rating was maintained by Suntrust Robinson on Monday, October 19 with “Neutral”. On Monday, May 1 the stock rating was maintained by BMO Capital Markets with “Hold”. The stock of Duke Energy Corporation (NYSE:DUK) earned “Neutral” rating by JP Morgan on Friday, February 19. The stock has “Buy” rating by Guggenheim on Tuesday, January 2. The company was maintained on Sunday, August 27 by RBC Capital Markets.

Beacon Financial Group increased Schlumberger Ltd (NYSE:SLB) stake by 14,643 shares to 32,791 valued at $2.21 million in 2017Q4. It also upped Conduent Inc stake by 53,791 shares and now owns 100,045 shares. Wisdomtree Tr (DON) was raised too.

Tutor Perini Corporation (NYSE:TPC) Institutional Positions Chart