Trust Company Of Toledo Na Lowered Dte Energy Co (DTE) Position By $777,034; Firstenergy (FE) Has 1.13 Sentiment

February 21, 2018 - By Louis Casey

Trust Company Of Toledo Na decreased Dte Energy Co (DTE) stake by 43.56% reported in 2017Q3 SEC filing. Trust Company Of Toledo Na sold 7,262 shares as Dte Energy Co (DTE)’s stock rose 8.06%. The Trust Company Of Toledo Na holds 9,411 shares with $1.01 million value, down from 16,673 last quarter. Dte Energy Co now has $18.51 billion valuation. The stock decreased 1.92% or $2.02 during the last trading session, reaching $103.2. About 1.40 million shares traded or 15.86% up from the average. DTE Energy Company (NYSE:DTE) has risen 19.61% since February 21, 2017 and is uptrending. It has outperformed by 2.91% the S&P500.

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company has market cap of $14.59 billion. The firm operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services divisions. It currently has negative earnings. It owns and operates coal-fired, nuclear, hydroelectric, oil and natural gas, wind, and solar power generating facilities.

The stock decreased 0.70% or $0.23 during the last trading session, reaching $32.8. About 5.78 million shares traded. FirstEnergy Corp. (FE) has declined 12.70% since February 21, 2017 and is downtrending. It has underperformed by 29.40% the S&P500.

Electron Capital Partners Llc holds 11.73% of its portfolio in FirstEnergy Corp. for 2.04 million shares. Goldentree Asset Management Lp owns 646,137 shares or 7.16% of their US portfolio. Moreover, Lesa Sroufe & Co has 3.43% invested in the company for 126,820 shares. The New York-based Luminus Management Llc has invested 3.22% in the stock. Gyroscope Capital Management Group Llc, a Florida-based fund reported 189,154 shares.

Ratings analysis reveals 14% of FirstEnergy’s analysts are positive. Out of 7 Wall Street analysts rating FirstEnergy, 1 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $34.0 while the high is $37.0. The stock’s average target of $35.67 is 8.75% above today’s ($32.8) share price. FE was included in 7 notes of analysts from October 13, 2016. The firm earned “Equal Weight” rating on Friday, December 2 by Barclays Capital. The company was downgraded on Tuesday, January 10 by Wells Fargo. Citigroup upgraded FirstEnergy Corp. (NYSE:FE) on Tuesday, October 18 to “Neutral” rating. The firm earned “Neutral” rating on Tuesday, January 17 by Goldman Sachs. RBC Capital Markets maintained FirstEnergy Corp. (NYSE:FE) rating on Thursday, October 13. RBC Capital Markets has “Sector Perform” rating and $36.0 target. The rating was upgraded by Deutsche Bank to “Buy” on Tuesday, October 25. The firm earned “Sell” rating on Wednesday, October 19 by Tudor Pickering.

Among 9 analysts covering Dte Energy Company (NYSE:DTE), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Dte Energy Company had 26 analyst reports since July 28, 2015 according to SRatingsIntel. UBS maintained the shares of DTE in report on Thursday, September 29 with “Buy” rating. Barclays Capital upgraded it to “Overweight” rating and $52 target in Wednesday, January 13 report. The stock of DTE Energy Company (NYSE:DTE) has “Neutral” rating given on Monday, January 9 by UBS. The company was maintained on Sunday, August 27 by KeyBanc Capital Markets. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, October 18. The firm has “Neutral” rating given on Wednesday, January 25 by Credit Suisse. The stock has “Buy” rating by Jefferies on Friday, July 21. As per Tuesday, January 2, the company rating was maintained by Guggenheim. The stock has “Neutral” rating by Credit Suisse on Tuesday, February 20. Wells Fargo upgraded DTE Energy Company (NYSE:DTE) rating on Friday, January 12. Wells Fargo has “Buy” rating and $116.0 target.

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