Reaves W H & Company INC Decreased Its Dte Energy Co Com (DTE) Stake by $5.31 Million

June 27, 2018 - By Jimmy Cauthen

DTE Energy Company (NYSE:DTE) Corporate LogoBig Money Sentiment decreased to 0.89 in 2018 Q1. It has change of 0.11, from 2017Q4’s 1. The ratio fall due to DTE positioning: 46 sold and 171 reduced. 57 funds took positions and 136 increased positions. Investors holded 119.93 million in 2017Q4 but now own 123.78 million shares or 3.21% more. Hugh Johnson Advsr Ltd Limited Liability Company reported 5,441 shs. Hsbc Holdg Public Ltd Co holds 197,877 shs or 0.03% of its capital. Nelson Van Denburg And Campbell Wealth Ltd Liability Corporation holds 12 shs or 0% of its capital. Alpine Woods Cap Ltd Liability Corp owns 16,900 shs for 0.09% of their capital. Invesco holds 0.04% of its capital in DTE Energy Company (NYSE:DTE) for 1.09M shs. Riverhead Limited Liability, a Delaware-based fund reported 7,437 shs. Ecofin Limited holds 1% of its capital in DTE Energy Company (NYSE:DTE) for 44,854 shs. Moreover, Great West Life Assurance Can has 0.07% invested in DTE Energy Company (NYSE:DTE). M&T National Bank & Trust Corporation owns 0.01% invested in DTE Energy Company (NYSE:DTE) for 9,241 shs. Strs Ohio reported 32,176 shs stake. 33 are owned by Cls Invs Limited Liability Co. Hartford Inv Mgmt Company reported 34,656 shs or 0.07% of all its holdings. 7,848 were reported by Cadence Mngmt Ltd Llc. Campbell Adviser Limited Liability Company invested 0.19% of its capital in DTE Energy Company (NYSE:DTE). Employees Retirement System Of Texas holds 9,000 shs.

DTE had 5 sales and 0 buys since February 22, 2018. This’s net activity of $3.82 million. $99,885 worth of DTE Energy Company (NYSE:DTE) was sold by Oleksiak Peter B on Tuesday, June 5. $772,147 worth of DTE Energy Company (NYSE:DTE) shs were sold by Ruud David. On Thursday, March 1 Shares for $135,401 were sold by Muschong Lisa A..

In 2018Q1 SEC filling is reported Reaves W H & Company Inc’s stake in Dte Energy Co Com (DTE) which was reduced by 3.21%. 51,080 shares were sold by Reaves W H & Company Inc as the company’s stock declined 1.52% with the market. The central company announced $160.68M value for the 2018Q1. Now the institutional investor is holding 1.54M shares, compared to the 1.59M from the previous quarter. $18.91B is Dte Energy Co Com’s MC. Ticker’s shares touched $104.17 during the last trading session after 0.94% change.DTE Energy Company has volume of 404,980 shares. Since June 27, 2017 DTE has declined 6.24% and is downtrending. DTE underperformed by 18.81% the S&P500.

The Reaves W H & Company Inc’s stake in Sempra Energy Com (NYSE:SRE) was upped by 45,257 shares to 1.12M shares valued at $125.07 million in 2018Q1, according to the filing. It manages about $3.03 billion and $2.83B US Long portfolio. Reaves W H & Company Inc has risen its stake in Ppl Corp Com (NYSE:PPL) and also increased its holding in Bp Plc Spons Adr (NYSE:BP) by 111,050 shares in the quarter, for a total of 264,025 shares.

On July, 25 DTE Energy Company (NYSE:DTE)’s earnings report is awaited by WallStreet, as reported by Faxor. Analysts expect change of 15.89 % or $0.17 from previous year’s $1.07 EPS compared to current’s $0.90 EPS. If reported the P/E will be 28.94 with $163.33 million profit. Wall Street now sees -52.88 % negative EPS growth despite DTE Energy Company previous quarter’s EPS of $1.91.

There’s a substantial DTE Energy Company (NYSE:DTE) news released by 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. The stock rating was maintained by Guggenheim with “Buy” on Tuesday, January 2. On Friday, January 12 the firm has “Buy” rating by Wells Fargo given. The stock rating was downgraded by Wells Fargo to “Market Perform” on Monday, June 11. In Tuesday, February 20 report Bank of America maintained it with “Underperform” rating and $104 target. In Wednesday, April 18 report KeyBanc Capital Markets maintained the stock with “Overweight” rating. The stock rating was maintained by Credit Suisse with “Neutral” on Tuesday, February 20.

DTE Energy Company (NYSE:DTE) Institutional Investors Chart

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