Shares of DTE Energy Company (DTE) Sees Large Inflow of Net Money Flow

The shares of DTE Energy Company (DTE) traded with a loss of -0.71 points or -0.72% in the most recent session. The shares last traded at $97.93. As per the trading info, the shares saw $42.89 million in upticks and lost $29.43 million in downticks, resulting in a net money flow of $13.45 million. The up/down ratio for the day was measured at 1.46. For the week, the shares had posted 0.85%.From the block trade data available, the total upticks were valued at $22.14 million and the total downticks were valued at $9.88 million, thereby putting the up/down ratio at 2.24. The net money flow for the block transaction was $12.26 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

DTE Energy Company has lost 0.01% in the last five trading days and dropped 0.59% in the last 4 weeks. DTE Energy Company is up 2.88% in the last 3-month period. Year-to-Date the stock performance stands at -0.59%. DTE Energy Company (NYSE:DTE) witnessed a decline in the market cap on Wednesday as its shares dropped 0.72% or 0.71 points. After the session commenced at $98.2, the stock reached the higher end at $98.7 while it hit a low of $97.18. With the volume soaring to 1,397,760 shares, the last trade was called at $97.93. The company has a 52-week high of $100.45. The company has a market cap of $17,572 million and there are 179,434,910 shares in outstanding. The 52-week low of the share price is $81.75.

Company has reported several Insider transactions to the SEC, on Dec 9, 2016, Lisa A. Muschong (VP-Corp. Sec. & Chief of Staff) sold 520 shares at 95.95 per share price.On Dec 8, 2016, Bruce D Peterson (SVP/General Counsel) sold 10,000 shares at 95.43 per share price.On Nov 28, 2016, Trevor F Lauer (President and COO-DTE Electric) sold 600 shares at 91.41 per share price.

DTE Energy Co Last issued its quarterly earnings results on Oct 26, 2016. The company reported $1.96 EPS for the quarter, beating the analyst consensus estimate by $ 0.37. Analyst had a consensus of $1.59. The company had revenue of $2928.00 million for the quarter, compared to analysts expectations of $2653.05 million. The companys revenue was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.40 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.DTE Energy Co was Initiated by Credit Suisse to Neutral on Jan 25, 2017. DTE Energy Co was Downgraded by UBS on Jan 9, 2017 to Neutral, Price Target of the shares are set at $105.DTE Energy Co was Upgraded by BofA/Merrill to Buy on Nov 22, 2016. DTE Energy Co was Initiated by Jefferies to Buy on Nov 14, 2016.

DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its largest operating units are Detroit Edison, an electric utility serving 2.1 million customers in Southeastern Michigan, and MichCon, a natural gas utility serving 1.2 million customers in Michigan. Detroit Edison is the Companys principal operating subsidiary. Affiliates of the Company are engaged in non-regulated businesses, including energy-related services and products.


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