Douglass Winthrop Advisors LLC Makes New $218000 Investment in QUALCOMM, Inc. (NASDAQ …

Douglass Winthrop Advisors LLC purchased a new stake in QUALCOMM, Inc. (NASDAQ:QCOM) during the 2nd quarter, according to its most recent …

QUALCOMM logoDouglass Winthrop Advisors LLC purchased a new stake in QUALCOMM, Inc. (NASDAQ:QCOM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,871 shares of the wireless technology company’s stock, valued at approximately $218,000.

Other large investors have also recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of QUALCOMM by 0.5% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 20,156,306 shares of the wireless technology company’s stock valued at $1,147,095,000 after acquiring an additional 96,527 shares in the last quarter. Norges Bank bought a new position in shares of QUALCOMM during the 4th quarter valued at about $736,806,000. Clearbridge Investments LLC increased its position in shares of QUALCOMM by 1.1% during the 1st quarter. Clearbridge Investments LLC now owns 9,379,210 shares of the wireless technology company’s stock valued at $534,896,000 after purchasing an additional 99,528 shares during the last quarter. FIL Ltd increased its position in shares of QUALCOMM by 179.2% during the 1st quarter. FIL Ltd now owns 4,770,291 shares of the wireless technology company’s stock valued at $272,050,000 after purchasing an additional 3,061,598 shares during the last quarter. Finally, OppenheimerFunds Inc. increased its position in shares of QUALCOMM by 48.5% during the 1st quarter. OppenheimerFunds Inc. now owns 3,221,596 shares of the wireless technology company’s stock valued at $183,728,000 after purchasing an additional 1,052,071 shares during the last quarter. 76.18% of the stock is currently owned by institutional investors.

In related news, EVP Michelle M. Sterling sold 5,560 shares of the stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $86.44, for a total value of $480,606.40. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Erin L. Polek sold 1,478 shares of the stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $70.36, for a total value of $103,992.08. Following the completion of the transaction, the senior vice president now directly owns 1,386 shares in the company, valued at approximately $97,518.96. The disclosure for this sale can be found here. Corporate insiders own 0.11% of the company’s stock.

NASDAQ:QCOM opened at $71.26 on Friday. QUALCOMM, Inc. has a 12 month low of $49.10 and a 12 month high of $90.34. The company has a quick ratio of 1.61, a current ratio of 1.77 and a debt-to-equity ratio of 2.46. The stock has a 50-day moving average price of $74.46. The stock has a market capitalization of $82.87 billion, a P/E ratio of 22.34, a P/E/G ratio of 1.85 and a beta of 1.62.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 31st. The wireless technology company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. QUALCOMM had a return on equity of 112.21% and a net margin of 13.41%. The business had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $5.12 billion. During the same period in the prior year, the business posted $1.01 earnings per share. The company’s quarterly revenue was down 12.7% compared to the same quarter last year. Equities research analysts predict that QUALCOMM, Inc. will post 2.88 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, September 12th will be paid a dividend of $0.62 per share. The ex-dividend date of this dividend is Wednesday, September 11th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.48%. QUALCOMM’s dividend payout ratio is 77.74%.

Several brokerages have recently commented on QCOM. Edward Jones lowered QUALCOMM from a “hold” rating to a “sell” rating and set a $69.31 price objective on the stock. in a research report on Thursday, May 23rd. Macquarie set a $90.00 price target on QUALCOMM and gave the stock a “buy” rating in a research report on Thursday, May 23rd. Mizuho restated a “hold” rating and set a $68.00 price target on shares of QUALCOMM in a research report on Thursday, August 1st. JPMorgan Chase & Co. lifted their price objective on QUALCOMM from $88.00 to $96.00 and gave the stock a “positive” rating in a research report on Thursday, May 2nd. Finally, Zacks Investment Research upgraded QUALCOMM from a “sell” rating to a “hold” rating in a research report on Monday, May 6th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. QUALCOMM currently has an average rating of “Hold” and an average target price of $79.93.

About QUALCOMM

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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Douglass Winthrop Advisors LLC Cuts Position in Duke Energy Corp (NYSE:DUK)

Douglass Winthrop Advisors LLC decreased its position in shares of Duke Energy Corp (NYSE:DUK) by 8.3% in the second quarter, according to its …

Duke Energy logoDouglass Winthrop Advisors LLC decreased its position in shares of Duke Energy Corp (NYSE:DUK) by 8.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,627 shares of the utilities provider’s stock after selling 510 shares during the period. Douglass Winthrop Advisors LLC’s holdings in Duke Energy were worth $497,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of DUK. OLD Second National Bank of Aurora grew its position in Duke Energy by 4.1% during the first quarter. OLD Second National Bank of Aurora now owns 2,920 shares of the utilities provider’s stock valued at $263,000 after buying an additional 114 shares during the period. Glassman Wealth Services lifted its holdings in Duke Energy by 35.2% during the first quarter. Glassman Wealth Services now owns 449 shares of the utilities provider’s stock valued at $40,000 after purchasing an additional 117 shares in the last quarter. Atlas Brown Inc. lifted its holdings in Duke Energy by 1.4% during the first quarter. Atlas Brown Inc. now owns 9,063 shares of the utilities provider’s stock valued at $816,000 after purchasing an additional 123 shares in the last quarter. Intl Fcstone Inc. lifted its holdings in Duke Energy by 3.8% during the first quarter. Intl Fcstone Inc. now owns 3,400 shares of the utilities provider’s stock valued at $306,000 after purchasing an additional 125 shares in the last quarter. Finally, Buckhead Capital Management LLC lifted its holdings in Duke Energy by 0.4% during the first quarter. Buckhead Capital Management LLC now owns 31,618 shares of the utilities provider’s stock valued at $2,846,000 after purchasing an additional 125 shares in the last quarter. 60.01% of the stock is owned by institutional investors.

Several equities analysts have issued reports on DUK shares. Morgan Stanley increased their price objective on shares of Duke Energy from $96.00 to $100.00 and gave the company an “equal weight” rating in a report on Friday, June 14th. Zacks Investment Research downgraded shares of Duke Energy from a “hold” rating to a “sell” rating and set a $95.00 price objective on the stock. in a report on Wednesday, June 26th. KeyCorp started coverage on shares of Duke Energy in a research note on Tuesday, June 4th. They issued a “sector weight” rating on the stock. JPMorgan Chase & Co. set a $90.00 price target on shares of Duke Energy and gave the stock a “hold” rating in a research note on Monday, May 20th. Finally, ValuEngine downgraded shares of Duke Energy from a “buy” rating to a “hold” rating in a research note on Friday, June 28th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $91.50.

In other Duke Energy news, EVP Lloyd M. Yates sold 5,117 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $88.20, for a total value of $451,319.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director E Marie Mckee sold 1,781 shares of the business’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $87.37, for a total transaction of $155,605.97. Following the completion of the transaction, the director now directly owns 1 shares in the company, valued at $87.37. The disclosure for this sale can be found here. Insiders sold 8,598 shares of company stock valued at $752,989 in the last 90 days. Company insiders own 0.09% of the company’s stock.

Shares of DUK traded up $0.72 during trading on Thursday, reaching $87.44. 150,737 shares of the company traded hands, compared to its average volume of 2,113,191. Duke Energy Corp has a twelve month low of $78.00 and a twelve month high of $91.67. The firm has a market cap of $63.92 billion, a PE ratio of 18.56, a PEG ratio of 3.67 and a beta of 0.14. The business’s 50-day moving average is $88.40. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.49 and a current ratio of 0.75.

Duke Energy (NYSE:DUK) last announced its quarterly earnings results on Thursday, May 9th. The utilities provider reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.03. The business had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.39 billion. Duke Energy had a net margin of 12.00% and a return on equity of 7.70%. The business’s revenue for the quarter was up .5% on a year-over-year basis. During the same period last year, the business earned $1.28 earnings per share. Sell-side analysts predict that Duke Energy Corp will post 4.92 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 16th will be issued a $0.945 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.78 dividend on an annualized basis and a dividend yield of 4.32%. This is a boost from Duke Energy’s previous quarterly dividend of $0.93. Duke Energy’s payout ratio is 78.60%.

Duke Energy Company Profile

Duke Energy Corp. engages in distribution of natural gas and energy related services. It operates through the following segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment conducts operations primarily through the regulated public utilities of Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio.

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

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Douglass Winthrop Advisors LLC Has $219000 Stake in NVIDIA Co. (NASDAQ:NVDA)

Douglass Winthrop Advisors LLC trimmed its stake in shares of NVIDIA Co. (NASDAQ:NVDA) by 8.9% during the second quarter, HoldingsChannel …

NVIDIA logoDouglass Winthrop Advisors LLC trimmed its stake in shares of NVIDIA Co. (NASDAQ:NVDA) by 8.9% during the second quarter, HoldingsChannel reports. The fund owned 1,335 shares of the computer hardware maker’s stock after selling 130 shares during the period. Douglass Winthrop Advisors LLC’s holdings in NVIDIA were worth $219,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NVDA. Norges Bank acquired a new stake in shares of NVIDIA during the fourth quarter worth $737,230,000. SG Americas Securities LLC raised its holdings in shares of NVIDIA by 104.7% during the first quarter. SG Americas Securities LLC now owns 128,201 shares of the computer hardware maker’s stock worth $23,020,000 after acquiring an additional 2,866,055 shares during the period. Assenagon Asset Management S.A. acquired a new stake in shares of NVIDIA during the first quarter worth $191,981,000. Baillie Gifford & Co. raised its holdings in shares of NVIDIA by 16.0% during the first quarter. Baillie Gifford & Co. now owns 7,647,342 shares of the computer hardware maker’s stock worth $1,373,156,000 after acquiring an additional 1,052,689 shares during the period. Finally, FMR LLC raised its holdings in shares of NVIDIA by 1.8% during the first quarter. FMR LLC now owns 49,860,097 shares of the computer hardware maker’s stock worth $8,952,880,000 after acquiring an additional 858,116 shares during the period. Institutional investors and hedge funds own 67.42% of the company’s stock.

In related news, Director Harvey C. Jones sold 100,000 shares of NVIDIA stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $145.10, for a total transaction of $14,510,000.00. Following the completion of the sale, the director now owns 32,983 shares of the company’s stock, valued at approximately $4,785,833.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Colette Kress sold 2,236 shares of NVIDIA stock in a transaction dated Friday, June 28th. The stock was sold at an average price of $164.01, for a total transaction of $366,726.36. Following the sale, the chief financial officer now directly owns 239,710 shares of the company’s stock, valued at approximately $39,314,837.10. The disclosure for this sale can be found here. Insiders have sold a total of 104,736 shares of company stock valued at $15,293,726 in the last ninety days. 4.64% of the stock is currently owned by insiders.

Shares of NVDA stock opened at $178.66 on Thursday. The company has a market cap of $106.98 billion, a P/E ratio of 29.43, a price-to-earnings-growth ratio of 4.50 and a beta of 2.09. The company has a quick ratio of 7.78, a current ratio of 8.98 and a debt-to-equity ratio of 0.25. The business’s 50-day moving average is $158.22. NVIDIA Co. has a 52 week low of $124.46 and a 52 week high of $292.76.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Thursday, May 16th. The computer hardware maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.81 by $0.07. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.20 billion. NVIDIA had a net margin of 30.68% and a return on equity of 31.27%. NVIDIA’s revenue was down 30.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.05 EPS. As a group, equities research analysts anticipate that NVIDIA Co. will post 4.16 earnings per share for the current fiscal year.

Several brokerages have issued reports on NVDA. Barclays reiterated a “hold” rating and issued a $23.00 price target on shares of Cypress Semiconductor in a research note on Thursday, June 6th. Stifel Nicolaus began coverage on shares of Theratechnologies in a research note on Tuesday, May 14th. They issued a “buy” rating and a C$15.00 price target on the stock. Summit Insights lowered shares of NVIDIA from a “buy” rating to a “hold” rating and set a $158.57 price target on the stock. in a research note on Friday, May 17th. Sanford C. Bernstein set a $150.00 price target on shares of NVIDIA and gave the company a “hold” rating in a research note on Wednesday, June 26th. Finally, Morgan Stanley set a $20.00 price target on shares of C&J Energy Services and gave the company a “hold” rating in a research note on Monday, May 13th. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-seven have given a buy rating to the company. NVIDIA has an average rating of “Buy” and a consensus target price of $194.34.

About NVIDIA

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments. The GPU segment comprises of product brands which aims specialized markets including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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Douglass Winthrop Advisors LLC Trims Stock Position in Duke Energy Corp (NYSE:DUK)

Douglass Winthrop Advisors LLC lessened its position in shares of Duke Energy Corp (NYSE:DUK) by 8.3% during the 2nd quarter, according to the …

Duke Energy logoDouglass Winthrop Advisors LLC lessened its position in shares of Duke Energy Corp (NYSE:DUK) by 8.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,627 shares of the utilities provider’s stock after selling 510 shares during the quarter. Douglass Winthrop Advisors LLC’s holdings in Duke Energy were worth $497,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in DUK. OLD Second National Bank of Aurora grew its stake in shares of Duke Energy by 4.1% in the first quarter. OLD Second National Bank of Aurora now owns 2,920 shares of the utilities provider’s stock worth $263,000 after acquiring an additional 114 shares in the last quarter. Glassman Wealth Services grew its stake in shares of Duke Energy by 35.2% during the first quarter. Glassman Wealth Services now owns 449 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 117 shares in the last quarter. Atlas Brown Inc. grew its stake in shares of Duke Energy by 1.4% during the first quarter. Atlas Brown Inc. now owns 9,063 shares of the utilities provider’s stock worth $816,000 after purchasing an additional 123 shares in the last quarter. Intl Fcstone Inc. grew its stake in shares of Duke Energy by 3.8% during the first quarter. Intl Fcstone Inc. now owns 3,400 shares of the utilities provider’s stock worth $306,000 after purchasing an additional 125 shares in the last quarter. Finally, Buckhead Capital Management LLC grew its stake in shares of Duke Energy by 0.4% during the first quarter. Buckhead Capital Management LLC now owns 31,618 shares of the utilities provider’s stock worth $2,846,000 after purchasing an additional 125 shares in the last quarter. 60.10% of the stock is currently owned by hedge funds and other institutional investors.

In other news, SVP Dwight L. Jacobs sold 1,700 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $85.92, for a total value of $146,064.00. Following the completion of the sale, the senior vice president now directly owns 6,091 shares of the company’s stock, valued at $523,338.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Lloyd M. Yates sold 5,117 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $88.20, for a total transaction of $451,319.40. The disclosure for this sale can be found here. Insiders sold 8,598 shares of company stock valued at $752,989 over the last ninety days. Corporate insiders own 0.09% of the company’s stock.

Shares of DUK opened at $87.18 on Thursday. Duke Energy Corp has a 1-year low of $78.00 and a 1-year high of $91.67. The stock has a market capitalization of $63.84 billion, a PE ratio of 18.47, a PEG ratio of 3.66 and a beta of 0.14. The company has a current ratio of 0.75, a quick ratio of 0.49 and a debt-to-equity ratio of 1.25. The company has a fifty day moving average of $88.41.

Duke Energy (NYSE:DUK) last announced its quarterly earnings results on Thursday, May 9th. The utilities provider reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.03. Duke Energy had a net margin of 12.00% and a return on equity of 7.70%. The firm had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.39 billion. During the same period in the previous year, the company earned $1.28 earnings per share. Duke Energy’s quarterly revenue was up .5% compared to the same quarter last year. On average, analysts anticipate that Duke Energy Corp will post 4.92 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 16th will be issued a $0.945 dividend. This represents a $3.78 dividend on an annualized basis and a dividend yield of 4.34%. This is a boost from Duke Energy’s previous quarterly dividend of $0.93. The ex-dividend date is Thursday, August 15th. Duke Energy’s dividend payout ratio is presently 78.60%.

A number of equities analysts recently commented on the stock. KeyCorp assumed coverage on shares of Southern in a research note on Tuesday, June 4th. They set a “sector weight” rating for the company. Zacks Investment Research cut shares of Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a research report on Wednesday, June 26th. Barclays cut shares of to an “underweight” rating and set a GBX 4,400 ($57.49) price target for the company. in a research report on Tuesday, June 18th. ValuEngine cut shares of WideOpenWest from a “hold” rating to a “sell” rating in a research report on Friday, June 28th. Finally, Bank of America raised shares of Copa from a “neutral” rating to a “buy” rating in a research report on Monday, May 13th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. Duke Energy has an average rating of “Hold” and a consensus target price of $92.00.

Duke Energy Company Profile

Duke Energy Corp. engages in distribution of natural gas and energy related services. It operates through the following segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment conducts operations primarily through the regulated public utilities of Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio.

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

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Duke Energy Corp (NYSE:DUK) Shares Sold by Douglass Winthrop Advisors LLC

Douglass Winthrop Advisors LLC cut its holdings in Duke Energy Corp (NYSE:DUK) by 8.3% during the 2nd quarter, according to its most recent Form …

Duke Energy logoDouglass Winthrop Advisors LLC cut its holdings in Duke Energy Corp (NYSE:DUK) by 8.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,627 shares of the utilities provider’s stock after selling 510 shares during the quarter. Douglass Winthrop Advisors LLC’s holdings in Duke Energy were worth $497,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Canton Hathaway LLC purchased a new position in Duke Energy during the first quarter worth approximately $25,000. Harvest Group Wealth Management LLC purchased a new position in Duke Energy during the first quarter worth approximately $26,000. Thor Advisors LLC purchased a new position in Duke Energy during the first quarter worth approximately $30,000. Riverview Trust Co purchased a new position in Duke Energy during the first quarter worth approximately $39,000. Finally, Glassman Wealth Services raised its stake in Duke Energy by 35.2% during the first quarter. Glassman Wealth Services now owns 449 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 117 shares during the period. Institutional investors and hedge funds own 60.10% of the company’s stock.

DUK has been the topic of a number of research reports. JPMorgan Chase & Co. set a $90.00 target price on shares of Duke Energy and gave the company a “hold” rating in a research note on Monday, May 20th. Morgan Stanley set a $18.00 target price on shares of PG&E and gave the company a “hold” rating in a research note on Friday, June 14th. Barclays downgraded shares of to an “underweight” rating and set a GBX 4,400 ($57.49) target price on the stock. in a research note on Tuesday, June 18th. KeyCorp initiated coverage on shares of Southern in a research note on Tuesday, June 4th. They issued a “sector weight” rating on the stock. Finally, Bank of America raised shares of Copa from a “neutral” rating to a “buy” rating in a research note on Monday, May 13th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $92.00.

In other news, SVP Dwight L. Jacobs sold 1,700 shares of Duke Energy stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $85.92, for a total value of $146,064.00. Following the completion of the transaction, the senior vice president now directly owns 6,091 shares of the company’s stock, valued at approximately $523,338.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Lloyd M. Yates sold 5,117 shares of Duke Energy stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $88.20, for a total transaction of $451,319.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,598 shares of company stock valued at $752,989. Company insiders own 0.09% of the company’s stock.

Shares of DUK stock opened at $87.18 on Thursday. The company has a fifty day simple moving average of $88.41. Duke Energy Corp has a 52 week low of $78.00 and a 52 week high of $91.67. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.49 and a current ratio of 0.75. The stock has a market cap of $63.84 billion, a P/E ratio of 18.47, a PEG ratio of 3.66 and a beta of 0.14.

Duke Energy (NYSE:DUK) last issued its earnings results on Thursday, May 9th. The utilities provider reported $1.24 EPS for the quarter, beating the Zacks’ consensus estimate of $1.21 by $0.03. The business had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.39 billion. Duke Energy had a net margin of 12.00% and a return on equity of 7.70%. The business’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.28 EPS. As a group, equities analysts forecast that Duke Energy Corp will post 4.92 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 16th will be issued a dividend of $0.945 per share. This represents a $3.78 dividend on an annualized basis and a yield of 4.34%. This is a positive change from Duke Energy’s previous quarterly dividend of $0.93. The ex-dividend date is Thursday, August 15th. Duke Energy’s dividend payout ratio (DPR) is presently 78.60%.

Duke Energy Profile

Duke Energy Corp. engages in distribution of natural gas and energy related services. It operates through the following segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment conducts operations primarily through the regulated public utilities of Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio.

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

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