DTE Energy Company (DTE): See its top holders?

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DTE Energy Company (NYSE:DTE) changes shares on Tuesday trading session, with a change of 0.48% or $0.51 shares. The trading starts at $107.84 and closed at $106.75 throughout the day. The trading session low price was $105.96 and day high was $107.99 on Tuesday, June 23. After the session, the Utilities sector daily volume shifted to 1.83 million while its average volume is 1.39M. In other hand, the DTE market cap reached to $21.45B. While, its current target price is $107.26 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.67% and up 5.03% for month. Its quarterly performance was 23.97% above, while its half year performance is down -17.40%. DTE yearly performance stood at negative -18.49% and fall -17.41% for year-to-date. Current recommendation for DTE Energy Company is 2.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. DTE EPS (TTM) for 12-month is 5.88. EPS for this year is 0.20%, while for the next year its value is 7.08. Sales growth for the current quarter is 3.12 while its EPS Q/Q reached -19.20%. It has an EPS of 4.30% up for past five years and for the next five years will be up 5.84%.

Let’s take a look on the analyst recommendations on DTE for the current month and previous month. For the current month, 8 of 17 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 9 as Hold. As compared with the previous month ratings, 17 analysts participate in stock recommendation. Out of 17, 0 rated it sell, 7 rated it as Buy and 9 as Hold Ratings. On the other hand, target price ranges from $117.00-$155.00. Average target price for DTE was reached at $125.00.

Vanguard Group, Inc. (The), Capital World Investors and Blackrock Inc. are the top three holders in DTE Energy Company (DTE) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 23.25 million shares which valued 2.21 billion. On Mar 30, 2020, Capital World Investors owned 20.59 million shares which valued at 1.96 billion. On Mar 30, 2020, Blackrock Inc. has a total of 17.01 million shares which valued at 1.62 billion. In the end, Blackrock Inc. have 8.83% shares outstanding of DTE Energy Company (DTE) on Mar 30, 2020. The insider ownership moved to 0.30% and institutional holding shifted to 74.80%.

The company posted an EPS (TTM) of 5.88. According to the most recent quarter report on (Jun 2020), 12 analysts estimated an average EPS of 1.13, while 0.99 EPS posted a year ago period. Analyst Estimated EPS for DTE published in the report was 1.03-1.34 during the same period. Comparing with last year, the average estimated EPS was 0.99 which is lower than 1.66 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for DTE fall -9.27% for period of 200 days. SMA for 50 days was 2.32% which is showing green signal, while SMA-20 was -1.59%. The moving average value for DTE Energy Company (DTE) is 113.79 and 105.30 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in DTE stock. On May 18, Chavez JoAnn, Sr VP & Chief Legal Officer, sold 400 trading shares at the cost of $101.93, which valued at 40772.0. On Feb 24, Oleksiak Peter B, Sr. Vice President and CFO, sold 1,800 shares at the cost of $134.94, with total shares of 49,034. On Feb 20, Stiers Mark W, Pres. & COO P&I, Pres. Trading, sold 10,000 shares at the cost of 134.00. After this transaction, Stiers Mark W total shares reached to 13,529 which valued at 1.34 million.