Cwm LLC Buys 4,181 Shares of Duke Energy Co. (NYSE:DUK)

Cwm LLC raised its stake in Duke Energy Co. (NYSE:DUK) by 12.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 37,368 shares of the utilities provider’s stock after acquiring an additional 4,181 shares during the period. Cwm LLC’s holdings in Duke Energy were worth $3,626,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. CKW Financial Group bought a new stake in shares of Duke Energy in the 3rd quarter worth about $25,000. FSC Wealth Advisors LLC bought a new stake in shares of Duke Energy in the 3rd quarter worth about $29,000. Legacy Financial Group LLC bought a new stake in shares of Duke Energy in the 3rd quarter worth about $45,000. Fortis Group Advisors LLC purchased a new position in shares of Duke Energy during the 3rd quarter worth about $50,000. Finally, GHP Investment Advisors Inc. boosted its stake in shares of Duke Energy by 49.1% during 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 period. 65.31% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DUK has been the subject of a number of recent analyst reports. KeyCorp lifted their price target on shares of Duke Energy from $106.00 to $107.00 and gave the stock an “overweight” rating in a research note on Thursday, January 4th. Scotiabank lowered their price objective on shares of Duke Energy from $101.00 to $94.00 and set a “sector perform” rating for the company in a research report on Monday. Mizuho boosted their price objective 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. Wells Fargo & Company lowered their price objective 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, Bank of America boosted their price objective on shares of Duke Energy from $96.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $100.62.

Duke Energy Trading Up 0.8 %

NYSE DUK opened at $98.96 on Thursday. The company has a quick ratio of 0.49, a current ratio of 0.74 and a debt-to-equity ratio of 1.50. The firm has a market cap of $76.34 billion, a PE ratio of 27.88, a price-to-earnings-growth ratio of 2.61 and a beta of 0.46. The company has a 50 day moving average price of $94.59 and a 200 day moving average price of $93.63. Duke Energy Co. has a 52 week low of $83.06 and a 52 week high of $100.39.

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

Insider Buying and Selling at Duke Energy

In other Duke Energy news, EVP Louis E. Renjel sold 3,000 shares of the company’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 transaction of $277,710.00. Following the transaction, the executive vice president now owns 14,213 shares in the company, valued at approximately $1,315,697.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.14% of the stock is currently owned by company insiders.

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.