Robeco Institutional Asset Management Lowered By $61.78 Million Its Norfolk Southern (NSC) Holding; Last Week DTE Energy Company (DTE) Coverage

May 26, 2018 - By Hazel Jackson

DTE Energy Company (NYSE:DTE) Logo

Robeco Institutional Asset Management decreased Norfolk Southern Corp (NSC) stake by 68.58% reported in 2017Q4 SEC filing. Robeco Institutional Asset Management sold 429,058 shares as Norfolk Southern Corp (NSC)’s stock declined 7.56%. The Robeco Institutional Asset Management holds 196,593 shares with $28.49M value, down from 625,651 last quarter. Norfolk Southern Corp now has $43.24B valuation. The stock increased 0.02% or $0.03 during the last trading session, reaching $153.02. About 1.36M shares traded. Norfolk Southern Corporation (NYSE:NSC) has risen 20.21% since May 26, 2017 and is uptrending. It has outperformed by 8.66% the S&P500.

Among 10 analysts covering Dte Energy Company (NYSE:DTE), 5 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. Dte Energy Company had 28 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Wednesday, January 13. The rating was initiated by Jefferies on Monday, November 14 with “Buy”. As per Thursday, September 29, the company rating was maintained by UBS. The stock has “Buy” rating by Guggenheim on Tuesday, January 2. The rating was maintained by Credit Suisse with “Neutral” on Thursday, October 26. The rating was upgraded by Bank of America on Tuesday, November 22 to “Buy”. The firm has “Neutral” rating by Credit Suisse given on Tuesday, February 20. The stock of DTE Energy Company (NYSE:DTE) earned “Overweight” rating by KeyBanc Capital Markets on Wednesday, April 18. KeyBanc Capital Markets maintained the stock with “Buy” rating in Wednesday, October 18 report. Jefferies maintained DTE Energy Company (NYSE:DTE) on Monday, August 28 with “Buy” rating. See DTE Energy Company (NYSE:DTE) latest ratings:

18/04/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $107 New Target: $108 Maintain
13/04/2018 Broker: Citigroup Rating: Neutral New Target: $103 Initiates Coverage On
20/02/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $101 New Target: $104 Maintain
20/02/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $106 New Target: $107 Maintain
02/02/2018 Broker: UBS Rating: Neutral New Target: $108 Initiates Coverage On
12/01/2018 Broker: Wells Fargo Rating: Buy New Target: $116.0 Upgrade
02/01/2018 Broker: Guggenheim Rating: Buy New Target: $121.0 Maintain

Analysts await Norfolk Southern Corporation (NYSE:NSC) to report earnings on July, 25. They expect $2.23 EPS, up 30.41% or $0.52 from last year’s $1.71 per share. NSC’s profit will be $630.07M for 17.15 P/E if the $2.23 EPS becomes a reality. After $1.93 actual EPS reported by Norfolk Southern Corporation for the previous quarter, Wall Street now forecasts 15.54% EPS growth.

Investors sentiment is 0.83 in 2017 Q4. Its the same as in 2017Q3. It is without change, as 35 investors sold NSC shares while 360 reduced holdings. only 80 funds opened positions while 249 raised stakes. 197.25 million shares or 2.25% less from 201.79 million shares in 2017Q3 were reported. Howe Rusling accumulated 265 shares. New York-based Morgan Stanley has invested 0.04% in Norfolk Southern Corporation (NYSE:NSC). Panagora Asset reported 0.07% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). First Foundation Advsrs holds 1,937 shares. Moon Cap Mngmt Limited holds 0.48% or 3,226 shares. Quantitative Investment Mgmt Limited Liability Com has 0.07% invested in Norfolk Southern Corporation (NYSE:NSC). 12,309 are owned by Williams Jones & Assocs Limited Liability Co. Savant Ltd Liability Corp accumulated 0.17% or 5,585 shares. Burke Herbert Commercial Bank Tru reported 12,948 shares stake. Somerville Kurt F invested 0.21% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Ibm Retirement Fund invested in 7,252 shares or 0.2% of the stock. Alphaone Investment Services Ltd Liability Company accumulated 35 shares. Freestone Holdg Limited Liability holds 0.08% or 7,970 shares in its portfolio. 2,850 were accumulated by Van Hulzen Asset Mngmt Ltd Liability. Vaughan David Investments Il holds 7,865 shares or 0.05% of its portfolio.

More important recent Norfolk Southern Corporation (NYSE:NSC) news were published by: Seekingalpha.com which released: “Is Norfolk Southern’s Q1 Performance Sustainable?” on May 14, 2018, also Seekingalpha.com published article titled: “Norfolk Southern Keeps Impressing”, Benzinga.com published: “Stifel Rides The Rails, Initiates Seven Stocks” on May 24, 2018. More interesting news about Norfolk Southern Corporation (NYSE:NSC) was released by: Forbes.com and their article: “Higher Intermodal Freight Pricing Will Aid Norfolk Southern’s Overall Growth In The Near Term” with publication date: May 21, 2018.

Since February 1, 2018, it had 0 buys, and 8 sales for $4.08 million activity. The insider Hurlbut Thomas E sold 2,760 shares worth $419,520. Earhart Cynthia C sold $994,340 worth of Norfolk Southern Corporation (NYSE:NSC) on Thursday, May 10. Squires James A also sold $1.50 million worth of Norfolk Southern Corporation (NYSE:NSC) on Thursday, February 1. 2,000 Norfolk Southern Corporation (NYSE:NSC) shares with value of $302,661 were sold by Wheeler Michael Joseph.

Among 31 analysts covering Norfolk Southern Corp. (NYSE:NSC), 8 have Buy rating, 5 Sell and 18 Hold. Therefore 26% are positive. Norfolk Southern Corp. had 108 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Sell” rating by Loop Capital on Monday, November 27. BMO Capital Markets maintained Norfolk Southern Corporation (NYSE:NSC) on Thursday, November 30 with “Hold” rating. The company was downgraded on Monday, October 16 by Wells Fargo. The rating was downgraded by Deutsche Bank to “Hold” on Monday, July 31. The rating was maintained by JP Morgan with “Neutral” on Thursday, January 25. The rating was initiated by Atlantic Securities with “Neutral” on Thursday, August 11. The stock has “Hold” rating by Topeka Capital Markets on Tuesday, August 11. As per Wednesday, March 15, the company rating was downgraded by Wolfe Research. BMO Capital Markets maintained the stock with “Hold” rating in Thursday, June 1 report. The rating was maintained by Cowen & Co with “Outperform” on Monday, October 5.

Robeco Institutional Asset Management increased Polaris Inds Inc (NYSE:PII) stake by 31,741 shares to 35,052 valued at $4.35 million in 2017Q4. It also upped Bank Amer Corp (NYSE:BAC) stake by 172,082 shares and now owns 2.22M shares. Fortive Corp was raised too.

DTE Energy Company engages in the utility operations. The company has market cap of $18.54 billion. The companyÂ’s Electric segment generates, purchases, distributes, and sells electricity to approximately 2.2 million residential, commercial, and industrial clients in southeastern Michigan. It has a 16.17 P/E ratio. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets.

More notable recent DTE Energy Company (NYSE:DTE) news were published by: Csrwire.com which released: “DTE Energy and Consumers Energy Accelerate Plans for Cleaner Energy in Michigan” on May 18, 2018, also Globenewswire.com with their article: “Recent Analysis Shows DTE Energy, Transdigm Group, Ringcentral, Resonant, Hudson Technologies, and Houghton …” published on May 14, 2018, Crainsdetroit.com published: “DTE, Roxbury Group to redevelop 11-acre riverfront industrial site in Ann Arbor” on May 08, 2018. More interesting news about DTE Energy Company (NYSE:DTE) were released by: Prnewswire.com and their article: “DTE Energy issues second quarter dividend; offers investors “green” bond opportunity” published on May 03, 2018 as well as Prnewswire.com‘s news article titled: “DTE Electric among first energy companies in nation to sell green bonds” with publication date: May 01, 2018.

Since February 22, 2018, it had 0 insider buys, and 4 insider sales for $3.72 million activity. The insider Ruud David sold $772,147. On Thursday, March 1 Muschong Lisa A. sold $135,401 worth of DTE Energy Company (NYSE:DTE) or 1,341 shares. ANDERSON GERARD M had sold 15,000 shares worth $1.53 million on Tuesday, May 8.

The stock increased 0.05% or $0.05 during the last trading session, reaching $102.18. About 1.01 million shares traded. DTE Energy Company (NYSE:DTE) has risen 1.88% since May 26, 2017 and is uptrending. It has underperformed by 9.67% the S&P500.

Investors sentiment increased to 1 in Q4 2017. Its up 0.04, from 0.96 in 2017Q3. It improved, as 44 investors sold DTE Energy Company shares while 166 reduced holdings. 51 funds opened positions while 160 raised stakes. 119.93 million shares or 0.07% more from 119.85 million shares in 2017Q3 were reported. Bb&T Corp holds 0.01% of its portfolio in DTE Energy Company (NYSE:DTE) for 2,689 shares. Citadel Advsr Lc, a Illinois-based fund reported 23,935 shares. 55,000 are owned by Griffin Asset Management Incorporated. Horizon Svcs Limited Liability reported 0.33% stake. Credit Suisse Ag reported 260,107 shares. Wisconsin-based Dana Investment has invested 0.12% in DTE Energy Company (NYSE:DTE). Pinnacle Assoc Limited reported 6,264 shares. Segall Bryant Hamill Llc holds 0.01% or 5,907 shares. 43,944 are held by Lpl Fincl Ltd Limited Liability Company. Hancock Co has invested 0.01% in DTE Energy Company (NYSE:DTE). Moreover, State Teachers Retirement has 0.08% invested in DTE Energy Company (NYSE:DTE) for 322,236 shares. Fulton Bancshares Na stated it has 0.03% of its portfolio in DTE Energy Company (NYSE:DTE). First Midwest Bancorporation Trust Division invested 0.37% in DTE Energy Company (NYSE:DTE). Guggenheim Capital Ltd Llc reported 0.11% of its portfolio in DTE Energy Company (NYSE:DTE). Sumitomo Mitsui Trust Holdings holds 555,698 shares or 0.08% of its portfolio.

DTE Energy Company (NYSE:DTE) Institutional Positions Chart

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