17,154 Shares in Duke Energy Co. (NYSE:DUK) Purchased by Duality Advisers LP

Duality Advisers LP bought a new position in shares of Duke Energy Co. (NYSE:DUK) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 17,154 shares of the utilities provider’s stock, valued at approximately $1,665,000.

A number of other large investors have also modified their holdings of DUK. First Command Advisory Services Inc. raised its position in Duke Energy by 1.4% in the fourth quarter. First Command Advisory Services Inc. now owns 7,949 shares of the utilities provider’s stock worth $771,000 after acquiring an additional 110 shares in the last quarter. Chemung Canal Trust Co. lifted its stake in shares of Duke Energy by 0.8% in the fourth quarter. Chemung Canal Trust Co. now owns 14,483 shares of the utilities provider’s stock valued at $1,405,000 after purchasing an additional 113 shares during the period. Verum Partners LLC boosted its holdings in Duke Energy by 3.1% during the fourth quarter. Verum Partners LLC now owns 3,831 shares of the utilities provider’s stock worth $372,000 after buying an additional 115 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in Duke Energy by 0.4% during the fourth quarter. J.W. Cole Advisors Inc. now owns 27,481 shares of the utilities provider’s stock worth $2,667,000 after buying an additional 115 shares during the period. Finally, Venturi Wealth Management LLC increased its holdings in Duke Energy by 10.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,266 shares of the utilities provider’s stock valued at $123,000 after buying an additional 116 shares in the last quarter. 65.31% of the stock is owned by hedge funds and other institutional investors.

Duke Energy Stock Down 0.1 %

Shares of NYSE DUK opened at $98.11 on Tuesday. The firm’s 50 day moving average price is $94.31 and its 200 day moving average price is $93.52. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.49 and a current ratio of 0.74. The firm has a market cap of $75.69 billion, a P/E ratio of 27.64, a price-to-earnings-growth ratio of 2.61 and a beta of 0.46. Duke Energy Co. has a 1 year low of $83.06 and a 1 year high of $100.39.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Thursday, February 8th. The utilities provider reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). Duke Energy had a net margin of 9.78% and a return on equity of 8.93%. The business had revenue of $7.21 billion during the quarter, compared to analysts’ expectations of $7.24 billion. During the same period in the prior year, the firm earned $1.11 EPS. Duke Energy’s revenue for the quarter was down 1.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Duke Energy Co. will post 5.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on DUK shares. Scotiabank lowered their price target on Duke Energy from $101.00 to $94.00 and set a “sector perform” rating on the stock in a report on Monday. Bank of America raised their price target on Duke Energy from $96.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. KeyCorp boosted their price objective on shares of Duke Energy from $106.00 to $107.00 and gave the stock an “overweight” rating in a research report on Thursday, January 4th. Wells Fargo & Company cut their target price on shares of Duke Energy from $103.00 to $100.00 and set an “overweight” rating for the company in a research report on Friday, February 9th. Finally, Mizuho increased their price target on shares of Duke Energy from $89.00 to $99.00 and gave the company a “neutral” rating in a research report on Friday, April 5th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Duke Energy currently has a consensus rating of “Hold” and an average target price of $100.62.

Insider Activity

In related news, EVP Louis E. Renjel sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $92.57, for a total value of $277,710.00. Following the sale, the executive vice president now directly owns 14,213 shares of the company’s stock, valued at $1,315,697.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.14% of the company’s stock.

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.