Johnson Investment Counsel Has Lifted Automatic Data Processing (ADP) Stake; Colonial Trust Advisors Lowered Its Duke Energy New (DUK) Holding

July 25, 2017 - By Michael Collier

Colonial Trust Advisors decreased Duke Energy Corp New (DUK) stake by 4.08% reported in 2016Q4 SEC filing. Colonial Trust Advisors sold 4,748 shares as Duke Energy Corp New (DUK)’s stock rose 6.39%. The Colonial Trust Advisors holds 111,643 shares with $8.67M value, down from 116,391 last quarter. Duke Energy Corp New now has $58.16 billion valuation. The stock declined 0.99% or $0.84 reaching $83.74 per share. About 1.42 million shares traded. Duke Energy Corp (NYSE:DUK) has risen 8.31% since July 25, 2016 and is uptrending. It has underperformed by 8.39% the S&P500.

Johnson Investment Counsel Inc increased Automatic Data Processing (ADP) stake by 701.52% reported in 2016Q4 SEC filing. Johnson Investment Counsel Inc acquired 205,665 shares as Automatic Data Processing (ADP)’s stock declined 1.06%. The Johnson Investment Counsel Inc holds 234,982 shares with $24.15 million value, up from 29,317 last quarter. Automatic Data Processing now has $45.66 billion valuation. The stock declined 0.45% or $0.47 reaching $103.07 on the news. About 2.51 million shares traded. Automatic Data Processing (NASDAQ:ADP) has risen 15.83% since July 25, 2016 and is uptrending. It has underperformed by 0.87% the S&P500.

Among 16 analysts covering Duke Energy (NYSE:DUK), 2 have Buy rating, 3 Sell and 11 Hold. Therefore 13% are positive. Duke Energy had 44 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was initiated by Howard Weil with “Sector Perform” on Tuesday, November 17. The firm has “Buy” rating by Argus Research given on Tuesday, September 15. The rating was downgraded by Citigroup on Wednesday, January 11 to “Sell”. The stock of Duke Energy Corp (NYSE:DUK) has “Market Perform” rating given on Friday, November 6 by BMO Capital Markets. The stock of Duke Energy Corp (NYSE:DUK) earned “Neutral” rating by Citigroup on Wednesday, July 20. BMO Capital Markets maintained the stock with “Hold” rating in Monday, May 1 report. The rating was maintained by SunTrust with “Neutral” on Monday, March 7. On Friday, March 18 the stock rating was maintained by Barclays Capital with “Equal-Weight”. Bank of America upgraded the shares of DUK in report on Tuesday, January 12 to “Neutral” rating. Wells Fargo downgraded Duke Energy Corp (NYSE:DUK) on Tuesday, February 2 to “Market Perform” rating.

Investors sentiment decreased to 1.1 in Q4 2016. Its down 0.09, from 1.19 in 2016Q3. It fall, as 54 investors sold DUK shares while 359 reduced holdings. 90 funds opened positions while 365 raised stakes. 376.96 million shares or 0.31% less from 378.15 million shares in 2016Q3 were reported. New England Private Wealth Advsr Ltd Company accumulated 12,578 shares. Moreover, Us Bancorporation De has 0.1% invested in Duke Energy Corp (NYSE:DUK). Cleararc Cap accumulated 0.23% or 16,747 shares. Baldwin Brothers Ma has 60 shares for 0% of their portfolio. New York State Teachers Retirement Systems has 0.26% invested in Duke Energy Corp (NYSE:DUK) for 1.29 million shares. Alpha Windward Limited Company invested 0.01% in Duke Energy Corp (NYSE:DUK). Ingalls And Snyder Ltd stated it has 36,610 shares or 0.15% of all its holdings. Joel Isaacson & Limited Co reported 1,995 shares. Yhb Investment Advsrs stated it has 5,348 shares. Price T Rowe Assoc Md has 0.02% invested in Duke Energy Corp (NYSE:DUK). The New York-based Richard Bernstein Advisors Lc has invested 0.19% in Duke Energy Corp (NYSE:DUK). Riverhead Mgmt Llc reported 8,355 shares stake. 54,109 were reported by Usca Ria Llc. Raymond James Trust Na reported 71,825 shares or 0.44% of all its holdings. M&R Capital Management has invested 0.28% in Duke Energy Corp (NYSE:DUK).

Analysts await Duke Energy Corp (NYSE:DUK) to report earnings on August, 3 before the open. They expect $1.03 earnings per share, down 3.74% or $0.04 from last year’s $1.07 per share. DUK’s profit will be $715.37M for 20.33 P/E if the $1.03 EPS becomes a reality. After $1.04 actual earnings per share reported by Duke Energy Corp for the previous quarter, Wall Street now forecasts -0.96% negative EPS growth.

Johnson Investment Counsel Inc decreased Tortoise Energy Infrastructure (NYSE:TYG) stake by 33,512 shares to 314,635 valued at $9.66M in 2016Q4. It also reduced Iberiabank Corporation (NASDAQ:IBKC) stake by 27,801 shares and now owns 408,967 shares. Gilead Sciences Inc (NASDAQ:GILD) was reduced too.

Investors sentiment decreased to 0.87 in 2016 Q4. Its down 0.09, from 0.96 in 2016Q3. It turned negative, as 46 investors sold ADP shares while 423 reduced holdings. 116 funds opened positions while 293 raised stakes. 345.06 million shares or 1.28% more from 340.71 million shares in 2016Q3 were reported. Henderson Gru Public Ltd Llc holds 67,880 shares. Delta Lloyd Nv owns 35,319 shares for 0.11% of their portfolio. Private Advisor Ltd Limited Liability Company holds 0.11% or 32,820 shares in its portfolio. Mitsubishi Ufj And Corp owns 1.08M shares or 0.23% of their US portfolio. The Massachusetts-based Crestwood Advsr Lc has invested 0.04% in Automatic Data Processing (NASDAQ:ADP). Farmers & Merchants Invs holds 0.27% or 28,334 shares in its portfolio. King Luther Capital reported 0.13% stake. Rafferty Asset Ltd Limited Liability Company accumulated 9,984 shares. White Pine Inv invested in 1.32% or 23,781 shares. Ig Investment Ltd holds 9,472 shares. Proshare Advisors invested 0.83% of its portfolio in Automatic Data Processing (NASDAQ:ADP). Td Asset Mngmt reported 0.12% in Automatic Data Processing (NASDAQ:ADP). Patten Group stated it has 770 shares or 0.04% of all its holdings. Marshwinds Advisory Communication has 14,182 shares. The New York-based Citigroup Incorporated has invested 0.04% in Automatic Data Processing (NASDAQ:ADP).

Among 15 analysts covering Automatic Data (NASDAQ:ADP), 2 have Buy rating, 3 Sell and 10 Hold. Therefore 13% are positive. Automatic Data had 22 analyst reports since August 3, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of ADP in report on Monday, January 30 with “Hold” rating. The firm has “Market Perform” rating by William Blair given on Friday, July 21. The firm has “Sell” rating given on Friday, April 15 by Compass Point. On Friday, July 29 the stock rating was downgraded by Robert W. Baird to “Neutral”. On Tuesday, December 20 the stock rating was initiated by Barclays Capital with “Overweight”. As per Thursday, October 29, the company rating was maintained by Topeka Capital Markets. The rating was maintained by Citigroup with “Neutral” on Friday, July 29. The stock of Automatic Data Processing (NASDAQ:ADP) earned “Buy” rating by Goldman Sachs on Friday, December 16. The firm has “Outperform” rating by Bernstein given on Monday, July 11. The rating was downgraded by Barclays Capital to “Equal-Weight” on Tuesday, July 18.

Since January 27, 2017, it had 0 buys, and 9 insider sales for $21.89 million activity. Another trade for 79,606 shares valued at $7.88M was sold by Rodriguez Carlos A. $594,150 worth of Automatic Data Processing (NASDAQ:ADP) was sold by JONES JOHN P III on Wednesday, March 1. Eberhard Michael C sold $783,615 worth of stock. 8,873 shares were sold by Flynn Edward B III, worth $921,727. Ayala John sold $2.44M worth of stock or 24,028 shares. On Friday, March 17 the insider Perrotti Thomas J sold $301,197.