Caprock Group LLC boosted its position in DTE Energy (NYSE:DTE – Free Report) by 7.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,397 shares of the utilities provider’s stock after buying an additional 157 shares during the quarter. Caprock Group LLC’s holdings in DTE Energy were worth $311,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its holdings in DTE Energy by 2.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,588 shares of the utilities provider’s stock worth $461,000 after buying an additional 81 shares in the last quarter. Signaturefd LLC raised its stake in shares of DTE Energy by 3.1% in the 3rd quarter. Signaturefd LLC now owns 2,889 shares of the utilities provider’s stock valued at $371,000 after purchasing an additional 86 shares in the last quarter. Aptus Capital Advisors LLC raised its stake in shares of DTE Energy by 3.7% in the 2nd quarter. Aptus Capital Advisors LLC now owns 2,632 shares of the utilities provider’s stock valued at $292,000 after purchasing an additional 94 shares in the last quarter. ASB Consultores LLC raised its stake in shares of DTE Energy by 4.9% in the 2nd quarter. ASB Consultores LLC now owns 2,179 shares of the utilities provider’s stock valued at $242,000 after purchasing an additional 101 shares in the last quarter. Finally, S.A. Mason LLC raised its stake in shares of DTE Energy by 10.5% in the 2nd quarter. S.A. Mason LLC now owns 1,120 shares of the utilities provider’s stock valued at $124,000 after purchasing an additional 106 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.
DTE Energy Price Performance
NYSE DTE opened at $124.60 on Friday. DTE Energy has a 52 week low of $102.17 and a 52 week high of $131.66. The company has a current ratio of 0.83, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The stock has a market cap of $25.80 billion, a price-to-earnings ratio of 16.88, a price-to-earnings-growth ratio of 2.29 and a beta of 0.68. The company has a 50-day moving average price of $124.66 and a two-hundred day moving average price of $119.67.
Wall Street Analyst Weigh In
Get Our Latest Report on DTE Energy
DTE Energy Profile
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets.
Further Reading
- Five stocks we like better than DTE Energy
- Airline Stocks – Top Airline Stocks to Buy Now
- Vertiv’s Cool Tech Makes Its Stock Red-Hot
- What Does a Stock Split Mean?
- MarketBeat Week in Review – 11/18 – 11/22
- The Most Important Warren Buffett Stock for Investors: His Own
- 2 Finance Stocks With Competitive Advantages You Can’t Ignore
Want to see what other hedge funds are holding DTE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DTE Energy (NYSE:DTE – Free Report).
Receive News & Ratings for DTE Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DTE Energy and related companies with MarketBeat.com's FREE daily email newsletter.