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Allianz Asset Management GmbH Sells 14,230 Shares of DTE Energy Company $DTE
Allianz Asset Management GmbH reduced its stake in DTE Energy Company (NYSE:DTE) by 37.9% in the third quarter, divesting 14,230 shares and holding 23,279 shares valued at $3.29 million. Despite this, other institutional investors increased their positions in DTE Energy. The utility company’s stock shows a market capitalization of $29.03 billion, a P/E ratio of 20.99, and recently declared a quarterly dividend of $1.165 per share.