Duke Energy Co. (NYSE:DUK) Shares Purchased by Private Wealth Partners LLC

Private Wealth Partners LLC grew its position in shares of Duke Energy Co. (NYSE:DUK) by 16.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,551 shares of the utilities provider’s stock after buying an additional 2,175 shares during the period. Private Wealth Partners LLC’s holdings in Duke Energy were worth $1,509,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. GHP Investment Advisors Inc. lifted its holdings in shares of Duke Energy by 49.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 571 shares of the utilities provider’s stock worth $51,000 after purchasing an additional 188 shares during the last quarter. Exchange Traded Concepts LLC increased its position in shares of Duke Energy by 7.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 6,761 shares of the utilities provider’s stock valued at $597,000 after purchasing an additional 497 shares during the period. CX Institutional increased its position in shares of Duke Energy by 6.9% during the 3rd quarter. CX Institutional now owns 4,239 shares of the utilities provider’s stock valued at $374,000 after purchasing an additional 274 shares during the period. Advisory Alpha LLC increased its position in shares of Duke Energy by 26.0% during the 3rd quarter. Advisory Alpha LLC now owns 10,327 shares of the utilities provider’s stock valued at $911,000 after purchasing an additional 2,134 shares during the period. Finally, Czech National Bank increased its position in shares of Duke Energy by 47.7% during the 3rd quarter. Czech National Bank now owns 134,704 shares of the utilities provider’s stock valued at $11,889,000 after purchasing an additional 43,475 shares during the period. Institutional investors own 65.31% of the company’s stock.

Duke Energy Stock Down 1.3 %

DUK traded down $1.32 during trading on Friday, reaching $97.71. 1,994,792 shares of the stock traded hands, compared to its average volume of 2,375,920. The stock has a market cap of $75.38 billion, a price-to-earnings ratio of 27.52, a price-to-earnings-growth ratio of 2.60 and a beta of 0.46. Duke Energy Co. has a fifty-two week low of $83.06 and a fifty-two week high of $100.13. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.74 and a quick ratio of 0.49. The stock’s 50-day simple moving average is $94.84 and its two-hundred day simple moving average is $93.77.

Duke Energy (NYSE:DUK) last released its quarterly earnings data on Thursday, February 8th. The utilities provider reported $1.51 earnings per share (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 firm had revenue of $7.21 billion for the quarter, compared to analyst estimates of $7.24 billion. During the same period in the previous year, the business posted $1.11 EPS. Duke Energy’s revenue for the quarter was down 1.9% on a year-over-year basis. As a group, equities research analysts expect that Duke Energy Co. will post 5.98 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Bank of America lifted their target price on Duke Energy from $96.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 11th. Mizuho lifted their target price on Duke Energy from $89.00 to $99.00 and gave the stock a “neutral” rating in a report on Friday, April 5th. Royal Bank of Canada upgraded Duke Energy from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $101.00 to $113.00 in a report on Wednesday, January 10th. KeyCorp lifted their target price on Duke Energy from $106.00 to $107.00 and gave the stock an “overweight” rating in a report on Thursday, January 4th. Finally, Wells Fargo & Company decreased their target price on Duke Energy from $103.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, February 9th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Duke Energy presently has an average rating of “Hold” and an average price target of $100.62.

Insiders Place Their Bets

In other Duke Energy news, EVP Louis E. Renjel sold 3,000 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $92.57, for a total value of $277,710.00. Following the completion of the sale, the executive vice president now owns 14,213 shares of the company’s stock, valued at $1,315,697.41. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.10% 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.