November 28, 2016 - By Michael Collier
Trevor Lauer, the President and COO-DTE Electric of Dte Energy Co made trade for 600 shares with an average price per share of $91.4 in the firm, that are with a total value of $54,847 U.S Dollars. he right now possess 0.01% of the stock market cap of Dte Energy Co.
Out of 4 analysts covering Dte Energy Company (NYSE:DTE), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $112 is the highest target while $52 is the lowest. The $96.25 average target is 0.67% above today’s ($95.61) stock price. Dte Energy Company has been the topic of 10 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock has “Overweight” rating given by Barclays Capital on Thursday, April 7. The stock of DTE Energy Co (NYSE:DTE) has “Buy” rating given on Tuesday, November 22 by Bank of America. The company was maintained on Thursday, September 29 by UBS. The firm has “Overweight” rating given on Wednesday, January 13 by Barclays Capital. The stock of DTE Energy Co (NYSE:DTE) has “Buy” rating given on Monday, November 14 by Jefferies.
Insitutional Activity: The institutional sentiment increased to 1.48 in Q2 2016. Its up 0.27, from 1.21 in 2016Q1. The ratio is positive, as 38 funds sold all DTE Energy Co shares owned while 148 reduced positions. 50 funds bought stakes while 175 increased positions. They now own 115.66 million shares or 3.57% less from 119.95 million shares in 2016Q1.
The California-based Sfe Counsel has invested 0.11% in DTE Energy Co (NYSE:DTE). Bartlett & Ltd Liability Corp has 1,629 shares for 0.01% of their US portfolio. Century owns 16,182 shares or 0% of their US portfolio. Cwm Limited Liability Corporation has 2,355 shares for 0.02% of their US portfolio. Kistler last reported 228 shares in the company. Westpac Corp holds 10,610 shares or 0% of its portfolio. Bridgeway Capital Management last reported 0.44% of its portfolio in the stock. Advantus Mgmt Inc accumulated 0.08% or 28,536 shares. The Japan-based Sumitomo Mitsui Asset Ltd has invested 0.04% in DTE Energy Co (NYSE:DTE). Teachers has 0.12% invested in the company for 701,544 shares. Sg Americas Securities Lc holds 0.01% or 18,217 shares in its portfolio. Moreover, Hussman Strategic Advisors has 0.02% invested in DTE Energy Co (NYSE:DTE) for 1,000 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt System reported 14,367 shares or 0.03% of all its holdings. National Bank & Trust Of Nova Scotia, a Ontario – Canada-based fund reported 3,589 shares. Aberdeen Asset Public Limited Liability Corporation Uk has 54,542 shares for 0.02% of their US portfolio.
Insider Transactions: Since June 3, 2016, the stock had 0 insider buys, and 3 insider sales for $3.22 million net activity. Shares for $99,749 were sold by Muschong Lisa A. on Friday, June 3. ANDERSON GERARD M sold $1.71M worth of stock or 17,500 shares.
About 604,350 shares traded hands. DTE Energy Co (NYSE:DTE) has risen 9.00% since April 25, 2016 and is uptrending. It has outperformed by 2.98% the S&P500.
DTE Energy Company is a diversified energy company. The company has a market cap of $17.41 billion. The Company’s utility activities consist primarily of DTE Electric Company (DTE Electric) and DTE Gas Company (DTE Gas). It has a 21.05 P/E ratio. The Company’s divisions include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other.
According to Zacks Investment Research, “DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its largest operating units are Detroit Edison, an electric utility serving 2.1 million customers in Southeastern Michigan, and MichCon, a natural gas utility serving 1.2 million customers in Michigan. Detroit Edison is the Company’s principal operating subsidiary. Affiliates of the Company are engaged in non-regulated businesses, including energy-related services and products.”
Analysts await DTE Energy Co (NYSE:DTE) to report earnings on February, 8. They expect $0.82 EPS, down 18.81% or $0.19 from last year’s $1.01 per share. DTE’s profit will be $149.32 million for 29.15 P/E if the $0.82 EPS becomes a reality. After $1.96 actual EPS reported by DTE Energy Co for the previous quarter, Wall Street now forecasts -58.16% negative EPS growth.
More notable recent DTE Energy Co (NYSE:DTE) news were published by: Prnewswire.com which released: “DTE Energy Warns that Falling Temps Increase Carbon Monoxide Danger” on November 23, 2016, also Nasdaq.com with their article: “Notable ETF Inflow Detected – SPLV, D, DTE, XEL” published on October 27, 2016, Prnewswire.com published: “DTE Energy matches $100000 in development grants for St. Clair, Harbor Beach” on November 15, 2016. More interesting news about DTE Energy Co (NYSE:DTE) were released by: Prnewswire.com and their article: “DTE Energy to purchase natural gas midstream assets” published on September 26, 2016 as well as Forbes.com‘s news article titled: “December 16th Options Now Available For DTE Energy” with publication date: October 24, 2016.
DTE Energy Company (DTE Energy), incorporated on January 26, 1995, is a diversified energy company. The Company’s divisions are Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. DTE Energy’s utility activities consist primarily of DTE Electric Company (DTE Electric) and DTE Gas Company (DTE Gas).
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