Duke Energy Co. (NYSE:DUK) Shares Bought by Hyman Charles D

Hyman Charles D grew its stake in shares of Duke Energy Co. (NYSE:DUK) by 2.5% during the first quarter, Holdings Channel reports. The firm owned 174,235 shares of the utilities provider’s stock after purchasing an additional 4,251 shares during the period. Duke Energy makes up approximately 1.2% of Hyman Charles D’s investment portfolio, making the stock its 27th largest position. Hyman Charles D’s holdings in Duke Energy were worth $16,819,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the business. IFG Advisory LLC raised its holdings in Duke Energy by 0.5% during the first quarter. IFG Advisory LLC now owns 22,067 shares of the utilities provider’s stock worth $2,130,000 after purchasing an additional 102 shares in the last quarter. Ausdal Financial Partners Inc. increased its holdings in shares of Duke Energy by 3.4% in the 4th quarter. Ausdal Financial Partners Inc. now owns 3,301 shares of the utilities provider’s stock valued at $302,000 after acquiring an additional 110 shares during the period. St. Johns Investment Management Company LLC increased its holdings in shares of Duke Energy by 54.7% in the 4th quarter. St. Johns Investment Management Company LLC now owns 311 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 110 shares during the period. FDx Advisors Inc. increased its holdings in shares of Duke Energy by 0.8% in the 4th quarter. FDx Advisors Inc. now owns 15,007 shares of the utilities provider’s stock valued at $1,374,000 after acquiring an additional 112 shares during the period. Finally, Western Wealth Management LLC increased its holdings in shares of Duke Energy by 2.2% in the 4th quarter. Western Wealth Management LLC now owns 5,347 shares of the utilities provider’s stock valued at $490,000 after acquiring an additional 113 shares during the period. 63.48% of the stock is currently owned by institutional investors.

A number of equities analysts have recently commented on the stock. Wells Fargo & Company lifted their target price on shares of Duke Energy from $97.00 to $104.00 and gave the company an “equal weight” rating in a report on Tuesday, April 20th. Bank of America lowered shares of Duke Energy from a “buy” rating to a “neutral” rating and set a $94.00 price objective on the stock. in a research report on Friday, February 12th. Mizuho lifted their price objective on shares of Duke Energy from $93.00 to $96.00 in a research report on Monday, February 1st. Zacks Investment Research upgraded shares of Duke Energy from a “hold” rating to a “buy” rating and set a $106.00 price objective on the stock in a research report on Friday, April 16th. Finally, Morgan Stanley boosted their target price on shares of Duke Energy from $101.00 to $108.00 and gave the stock an “equal weight” rating in a research report on Monday, April 26th. Eight research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $102.00.

NYSE DUK traded down $0.40 during trading hours on Tuesday, hitting $100.31. The company had a trading volume of 63,430 shares, compared to its average volume of 3,262,875. Duke Energy Co. has a fifty-two week low of $77.58 and a fifty-two week high of $101.90. The company has a quick ratio of 0.33, a current ratio of 0.52 and a debt-to-equity ratio of 1.24. The business has a fifty day simple moving average of $97.17 and a 200-day simple moving average of $92.95. The firm has a market cap of $77.16 billion, a P/E ratio of 36.89, a price-to-earnings-growth ratio of 4.88 and a beta of 0.23.

Duke Energy (NYSE:DUK) last issued its earnings results on Wednesday, February 10th. The utilities provider reported $1.03 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.03. The firm had revenue of $5.78 billion for the quarter, compared to analyst estimates of $6.22 billion. Duke Energy had a return on equity of 8.28% and a net margin of 8.68%. Equities analysts forecast that Duke Energy Co. will post 5.09 EPS for the current fiscal year.

In other news, SVP Dwight L. Jacobs sold 1,802 shares of the firm’s stock in a transaction on Tuesday, February 23rd. The stock was sold at an average price of $89.35, for a total transaction of $161,008.70. Following the transaction, the senior vice president now directly owns 5,794 shares of the company’s stock, valued at $517,693.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.11% of the stock is currently owned by company insiders.

Duke Energy Company Profile

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity.

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Institutional Ownership by Quarter for Duke Energy (NYSE:DUK)

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