Duke Energy Co. (NYSE:DUK) Shares Bought by O Keefe Stevens Advisory Inc.

O Keefe Stevens Advisory Inc. boosted its holdings in Duke Energy Co. (NYSE:DUK) by 41.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,499 shares of the utilities provider’s stock after purchasing an additional 1,905 shares during the period. O Keefe Stevens Advisory Inc.’s holdings in Duke Energy were worth $700,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Legacy Investment Solutions LLC bought a new stake in shares of Duke Energy in the 3rd quarter valued at approximately $29,000. Northwest Investment Counselors LLC acquired a new stake in shares of Duke Energy during the third quarter worth $30,000. Winch Advisory Services LLC lifted its position in shares of Duke Energy by 332.9% in the 4th quarter. Winch Advisory Services LLC now owns 316 shares of the utilities provider’s stock worth $34,000 after buying an additional 243 shares during the last quarter. Reston Wealth Management LLC acquired a new position in shares of Duke Energy in the 3rd quarter valued at about $38,000. Finally, Catalyst Capital Advisors LLC raised its stake in Duke Energy by 100.0% during the third quarter. Catalyst Capital Advisors LLC now owns 334 shares of the utilities provider’s stock worth $39,000 after acquiring an additional 167 shares during the period. Institutional investors and hedge funds own 65.31% of the company’s stock.

Analyst Ratings Changes

DUK has been the subject of a number of research reports. Mizuho upgraded Duke Energy from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $116.00 to $121.00 in a research note on Tuesday, October 15th. Scotiabank increased their target price on Duke Energy from $113.00 to $120.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. KeyCorp downgraded shares of Duke Energy from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 22nd. Morgan Stanley cut their price target on Duke Energy from $122.00 to $118.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Finally, Barclays increased their price target on Duke Energy from $102.00 to $118.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 1st. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $122.23.

Duke Energy Stock Up 0.3 %

DUK stock opened at $109.34 on Friday. The firm has a market cap of $84.47 billion, a PE ratio of 20.10, a P/E/G ratio of 2.64 and a beta of 0.49. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.70 and a quick ratio of 0.45. The firm has a 50 day simple moving average of $110.55 and a 200 day simple moving average of $111.81. Duke Energy Co. has a 12 month low of $90.09 and a 12 month high of $121.25.

Duke Energy (NYSE:DUK) last announced its earnings results on Thursday, November 7th. The utilities provider reported $1.62 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.11). The firm had revenue of $8.16 billion during the quarter, compared to analyst estimates of $8.06 billion. Duke Energy had a return on equity of 9.34% and a net margin of 14.31%. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.94 earnings per share. Equities research analysts forecast that Duke Energy Co. will post 5.94 earnings per share for the current fiscal year.

Duke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 14th will be paid a $1.045 dividend. This represents a $4.18 annualized dividend and a yield of 3.82%. The ex-dividend date is Friday, February 14th. Duke Energy’s dividend payout ratio is currently 76.84%.

Duke Energy Profile

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.