Reaves W H & Company INC Stake in Dte Energy Co Com (DTE) Decreased as Shares Declined

June 27, 2018 - By Sharla Beadle

DTE Energy Company (NYSE:DTE) Corporate LogoDuring 2018 Q1 the big money sentiment decreased to 0.89. That’s change of 0.11, from 2017Q4’s 1. 46 investors sold all, 171 reduced holdings as DTE ratio turned negative. 136 grew positions while 57 funds acquired positions. Funds hold 123.78 million shares thus 3.21% more from 2017Q4’s 119.93 million shares. Bluemountain Mgmt Llc holds 0.06% of its capital in DTE Energy Company (NYSE:DTE) for 25,247 shs. Ftb reported 19,498 shs stake. Lmr Prns Llp invested in 4,199 shs. The Michigan-based Sigma Planning Corporation has invested 0.26% in DTE Energy Company (NYSE:DTE). Hudock Gru Ltd reported 0.02% in DTE Energy Company (NYSE:DTE). The New York-based Tortoise Invest Mgmt has invested 0.01% in DTE Energy Company (NYSE:DTE). Alphamark Limited Liability Com holds 0.01% of its capital in DTE Energy Company (NYSE:DTE) for 302 shs. Wealth Enhancement Advisory Service accumulated 0.13% or 19,087 shs. Schnieders Capital Mngmt Limited Liability Company has invested 0.1% in DTE Energy Company (NYSE:DTE). Creative Planning accumulated 0.01% or 21,066 shs. First Bancorp Sioux Falls holds 1.24% or 3,344 shs. Assetmark has invested 0.11% in DTE Energy Company (NYSE:DTE). Wellington Shields & Ltd Liability accumulated 3,569 shs or 0.11% of the stock. Sfe Inv Counsel accumulated 2,000 shs. Mitsubishi Ufj Tru Banking reported 477,140 shs.

DTE registered $3.82 million net activity with 0 insider purchases and 5 sales since February 22, 2018. On Tuesday, June 5 Oleksiak Peter B had sold 1,000 shs worth $99,885. Ruud David sold 7,680 shs worth $772,147. Shares for $1.28 million were sold by ANDERSON GERARD M.

Reaves W H & Company Inc’s stake in Dte Energy Co Com (DTE) is reduced by 3.21% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock declined 1.52% with the market as Reaves W H & Company Inc sold 51,080 shares. The central company reported $160.68M value for the 2018Q1. Now the institutional investor is holding 1.54M shares, compared to the 1.59 million from the previous quarter. $18.91 billion is Dte Energy Co Com’s market cap. The stock increased 0.94% or $0.97 during the last trading session, touching $104.17.Currently DTE Energy Company is downtrending after 6.24% change in last June 27, 2017. DTE has 404,980 shares volume. DTE underperformed by 18.81% the S&P 500.

According to a filing Reaves W H & Company Inc increased its stake in Dominion Res Va New Com (NYSE:D) by 398,275 shares to 1.75 million shares, valued at $118.19 million in 2018Q1. The fund manages about $3.03B and $2.83 billion US Long portfolio. For a total of 85,675 shares it increased its holding in Canadian Natl Ry Co Com (NYSE:CNI) by 53,410 shares in the quarter, and has risen its stake in Bp Plc Spons Adr (NYSE:BP).

DTE Energy Company (NYSE:DTE)’s earnings release is expected by WallStreet on July, 25, according to Faxor. Analysts expect change of 15.89 % or $0.17 from previous year’s $1.07 EPS compared to current’s $0.90 EPS. DTE’s profit could be $163.33M if the current EPS of $0.90 is accurate. After $1.91 EPS report last quarter, Wall Street now forecasts -52.88 % negative EPS growth of DTE Energy Company.

There’s a substantial DTE Energy Company (NYSE:DTE) news released by Benzinga.com. It’s a report titled: “How EVs Are Forcing A Relationship Change Between OEMs, Energy Suppliers, Governments” on June 26, 2018.

DTE Energy Company (NYSE:DTE) Ratings Coverage

In total 7 analysts cover DTE Energy (NYSE:DTE). “Buy” rating has 2, “Sell” are 1, while 4 are “Hold”. (NYSE:DTE) has 29% bullish analysts. 8 are the (NYSE:DTE)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, February 20 Bank of America maintained DTE Energy Company (NYSE:DTE) rating. Bank of America has “Underperform” rating and $104 target. On Wednesday, April 18 the firm has “Overweight” rating by KeyBanc Capital Markets given. On Tuesday, February 20 the firm has “Neutral” rating given by Credit Suisse. The company rating was downgraded by Wells Fargo on Monday, June 11. On Tuesday, January 2 the stock of DTE Energy Company (NYSE:DTE) earned “Buy” rating by Guggenheim. On Friday, January 12 the firm earned “Buy” rating by Wells Fargo.

DTE Energy Company (NYSE:DTE) Institutional Investors Chart

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