As Source Capital (SOR) Market Value Declined, Bulldog Investors Has Raised Its Stake by $1.93 Million; Duke Energy New (DUK) Market Valuation Rose While Edgemoor Investment Advisors Cut Its Position

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Bulldog Investors Llc increased its stake in Source Capital Inc (SOR) by 26.43% based on its latest 2018Q3 regulatory filing with the SEC. Bulldog Investors Llc bought 48,206 shares as the company’s stock declined 8.93% with the market. The hedge fund held 230,615 shares of the company at the end of 2018Q3, valued at $9.27 million, up from 182,409 at the end of the previous reported quarter. Bulldog Investors Llc who had been investing in Source Capital Inc for a number of months, seems to be bullish on the $292.52 million market cap company. The stock increased 0.29% or $0.1 during the last trading session, reaching $33.8. About 2,665 shares traded. Source Capital, Inc. (NYSE:SOR) has declined 8.93% since January 11, 2018 and is downtrending. It has underperformed by 8.93% the S&P500.

Edgemoor Investment Advisors Inc decreased its stake in Duke Energy Corp New (DUK) by 95.7% based on its latest 2018Q3 regulatory filing with the SEC. Edgemoor Investment Advisors Inc sold 77,274 shares as the company’s stock rose 9.96% while stock markets declined. The institutional investor held 3,475 shares of the power generation company at the end of 2018Q3, valued at $278,000, down from 80,749 at the end of the previous reported quarter. Edgemoor Investment Advisors Inc who had been investing in Duke Energy Corp New for a number of months, seems to be less bullish one the $60.50 billion market cap company. The stock decreased 0.47% or $0.4 during the last trading session, reaching $84.87. About 572,811 shares traded. Duke Energy Corporation (NYSE:DUK) has risen 2.97% since January 11, 2018 and is uptrending. It has outperformed by 2.97% the S&P500. Some Historical DUK News: 25/05/2018 – Fitch Affirms Duke Energy Florida Project Finance, LLC; 22/05/2018 – Duke Energy makes executive appointments in finance organization; 27/04/2018 – DUKE ENERGY PROPOSES RATE INCREASE IN SOUTH CAROLINA; 10/05/2018 – DUKE HAS $2B EQUITY ISSUE TARGET IN 2018; 13/04/2018 – Duke Energy Ohio asks the Ohio Power Siting Board to move forward with its consideration of the Central Corridor Pipeline appli; 21/05/2018 – DUKE RAISES OCONEE 3 REACTOR TO 100% POWER FROM 0% FRIDAY: NRC; 16/04/2018 – DUKE’S CATAWBA 2 NUCLEAR RAISED TO 80% FROM 0% FRIDAY: NRC; 05/03/2018 DUKE ENERGY CORP DUK.N : UBS RAISES TARGET PRICE TO $87 FROM $86; 13/04/2018 – DUKE ENERGY MAKES `MINOR’ ADJUSTMENTS TO ALTERNATE ROUTE; 02/04/2018 – DUK SEES NEW CITRUS PLANT’S UNITS 1,2 START SERVICE IN SEPT,NOV

More notable recent Source Capital, Inc. (NYSE:SOR) news were published by: Prnewswire.com which released: “Small NASDAQ Company Just Got A Huge $900 Opportunity From Apple – PR Newswire” on September 17, 2018, also Seekingalpha.com with their article: “Source Capital: Big Change Is Coming At This Closed-End Fund – Seeking Alpha” published on December 02, 2015, Seekingalpha.com published: “Weekly Fund Spotlight: Up To 19% Yields From General Equity CEFs – Seeking Alpha” on September 11, 2017. More interesting news about Source Capital, Inc. (NYSE:SOR) were released by: Time.com and their article: “Mark Zuckerberg Tells Congress He’s Sorry – TIME” published on April 10, 2018 as well as Businesswire.com‘s news article titled: “Source Capital, Inc. Declares Regular Quarterly and Special Distributions on Common Stock – Business Wire” with publication date: November 12, 2018.

Investors sentiment increased to 1.69 in Q3 2018. Its up 0.26, from 1.43 in 2018Q2. It is positive, as 4 investors sold SOR shares while 9 reduced holdings. 7 funds opened positions while 15 raised stakes. 3.81 million shares or 3.98% more from 3.66 million shares in 2018Q2 were reported. Cohen Capital Mgmt holds 0.09% of its portfolio in Source Capital, Inc. (NYSE:SOR) for 9,574 shares. Walleye Trading Lc, Minnesota-based fund reported 31,299 shares. 1,453 are held by Citigroup. Tower Rech Cap Limited Liability Company (Trc) holds 0% or 155 shares. Hightower Limited Liability Co reported 45,997 shares. Synovus Corp holds 20 shares or 0% of its portfolio. Ameriprise, a Minnesota-based fund reported 114,391 shares. Kistler holds 1,355 shares. First Advsr Ltd Partnership has 63,165 shares for 0% of their portfolio. Ami holds 25,623 shares or 0.53% of its portfolio. Intersect Capital Ltd Llc invested 1.05% in Source Capital, Inc. (NYSE:SOR). Advsr Ltd Llc invested 0.01% of its portfolio in Source Capital, Inc. (NYSE:SOR). The Wisconsin-based Johnson Grp has invested 0% in Source Capital, Inc. (NYSE:SOR). Guggenheim Ltd Liability Corporation owns 15,020 shares. Reilly Advsr Llc stated it has 0% in Source Capital, Inc. (NYSE:SOR).

Bulldog Investors Llc, which manages about $594.55M and $337.73M US Long portfolio, decreased its stake in Tiberius Acquistion by 38,271 shares to 285,963 shares, valued at $2.93M in 2018Q3, according to the filing. It also reduced its holding in Tri Contl Corp Com (NYSE:TY) by 79,825 shares in the quarter, leaving it with 162,318 shares, and cut its stake in Aberdeen Japan Equity Fd (JEQ).

Analysts await Duke Energy Corporation (NYSE:DUK) to report earnings on February, 19. They expect $0.91 earnings per share, down 3.19% or $0.03 from last year’s $0.94 per share. DUK’s profit will be $648.72 million for 23.32 P/E if the $0.91 EPS becomes a reality. After $1.65 actual earnings per share reported by Duke Energy Corporation for the previous quarter, Wall Street now forecasts -44.85% negative EPS growth.

More notable recent Duke Energy Corporation (NYSE:DUK) news were published by: Prnewswire.com which released: “Workhorse Group Secures $35 Million in Financing from Marathon Asset Management – PRNewswire” on January 02, 2019, also Bizjournals.com with their article: “Court puts up new roadblock for Duke Energy’s Atlantic Coast Pipeline – Charlotte Business Journal” published on December 14, 2018, Seekingalpha.com published: “Duke Energy downgraded at BAML on valuation, Atlantic Coast pipeline risks – Seeking Alpha” on January 09, 2019. More interesting news about Duke Energy Corporation (NYSE:DUK) were released by: Seekingalpha.com and their article: “Court tosses permit for Atlantic Coast Pipeline to cross Appalachian Trail – Seeking Alpha” published on December 13, 2018 as well as Bizjournals.com‘s news article titled: “Duke Energy board appoints new director – Charlotte Business Journal” with publication date: December 14, 2018.

Investors sentiment decreased to 0.91 in Q3 2018. Its down 0.04, from 0.95 in 2018Q2. It worsened, as 46 investors sold DUK shares while 386 reduced holdings. 79 funds opened positions while 312 raised stakes. 408.54 million shares or 94.96% less from 8.11 billion shares in 2018Q2 were reported. Regentatlantic Cap Limited Liability reported 5,027 shares. Regions Fincl Corp stated it has 0.08% of its portfolio in Duke Energy Corporation (NYSE:DUK). Sigma Planning holds 0.11% or 22,666 shares in its portfolio. Colonial Trust Advsrs reported 129,336 shares or 1.94% of all its holdings. Sun Life Financial invested 0.31% of its portfolio in Duke Energy Corporation (NYSE:DUK). New England Private Wealth Ltd holds 0.19% or 9,081 shares. Massachusetts-based Essex Mngmt Communication Lc has invested 0.02% in Duke Energy Corporation (NYSE:DUK). 674,131 are owned by Old Republic Interest Corp. Texas-based Hodges Cap Mgmt has invested 0.05% in Duke Energy Corporation (NYSE:DUK). Burney Co has 5,337 shares for 0.03% of their portfolio. Amalgamated Bancshares invested in 89,732 shares. Aspiriant Limited Company holds 6,528 shares or 0.04% of its portfolio. Willis Investment Counsel stated it has 1.27% of its portfolio in Duke Energy Corporation (NYSE:DUK). Nordea Investment Management owns 35,076 shares. Ashfield Capital Ltd Limited Liability Company, California-based fund reported 14,895 shares.

Among 20 analysts covering Duke Energy (NYSE:DUK), 6 have Buy rating, 2 Sell and 12 Hold. Therefore 30% are positive. Duke Energy had 103 analyst reports since August 7, 2015 according to SRatingsIntel. Citigroup maintained the shares of DUK in report on Wednesday, July 20 with “Neutral” rating. The company was maintained on Monday, March 26 by SunTrust. Morgan Stanley maintained Duke Energy Corporation (NYSE:DUK) on Tuesday, September 11 with “Equal-Weight” rating. As per Friday, July 20, the company rating was upgraded by Citigroup. The stock has “Market Perform” rating by Wells Fargo on Monday, September 17. On Monday, February 26 the stock rating was upgraded by Deutsche Bank to “Buy”. The firm has “Underperform” rating given on Tuesday, November 22 by Bank of America. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, April 16. As per Monday, December 4, the company rating was maintained by SunTrust. As per Friday, January 8, the company rating was maintained by Argus Research.

Duke Energy Corporation (NYSE:DUK) Institutional Positions Chart