Leeward Investments LLC MA Sells 26,401 Shares of DTE Energy (NYSE:DTE)

Leeward Investments LLC MA trimmed its position in DTE Energy (NYSE:DTE - Free Report) by 20.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,941 shares of the utilities provider's stock after selling 26,401 shares during the quarter. Leeward Investments LLC MA's holdings in DTE Energy were worth $13,090,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ESL Trust Services LLC bought a new position in shares of DTE Energy in the first quarter worth about $27,000. Ridgewood Investments LLC purchased a new stake in DTE Energy during the 2nd quarter valued at approximately $31,000. Fairscale Capital LLC purchased a new stake in DTE Energy during the 2nd quarter valued at approximately $54,000. Chilton Capital Management LLC bought a new stake in shares of DTE Energy during the second quarter valued at approximately $56,000. Finally, Crewe Advisors LLC purchased a new position in shares of DTE Energy in the first quarter worth $57,000. Institutional investors own 76.06% of the company's stock.

DTE Energy Trading Down 3.7 %

DTE Energy stock traded down $4.54 during mid-day trading on Thursday, hitting $117.03. The company's stock had a trading volume of 3,753,822 shares, compared to its average volume of 1,085,014. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.83. The company has a 50 day moving average of $125.71 and a 200-day moving average of $118.90. DTE Energy has a one year low of $97.31 and a one year high of $131.66. The stock has a market cap of $24.24 billion, a PE ratio of 15.91, a P/E/G ratio of 2.20 and a beta of 0.68.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DTE shares. KeyCorp boosted their target price on DTE Energy from $136.00 to $138.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 22nd. LADENBURG THALM/SH SH started coverage on DTE Energy in a research report on Wednesday, August 14th. They set a "buy" rating and a $131.00 target price for the company. Wells Fargo & Company boosted their price target on shares of DTE Energy from $133.00 to $145.00 and gave the stock an "overweight" rating in a research report on Friday, October 25th. StockNews.com upgraded shares of DTE Energy from a "sell" rating to a "hold" rating in a research report on Tuesday. Finally, Mizuho boosted their target price on shares of DTE Energy from $121.00 to $133.00 and gave the stock an "outperform" rating in a report on Tuesday, September 10th. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, DTE Energy presently has a consensus rating of "Moderate Buy" and an average target price of $131.46.

DTE Energy Company 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.