Crawford Investment Counsel Inc. Grows Stake in Duke Energy Corp (NYSE:DUK)

Crawford Investment Counsel Inc. lifted its position in Duke Energy Corp (NYSE:DUK) by 3.6% in the 2nd quarter, according to its most recent Form …

Duke Energy logoCrawford Investment Counsel Inc. lifted its position in Duke Energy Corp (NYSE:DUK) by 3.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,223 shares of the utilities provider’s stock after buying an additional 4,747 shares during the quarter. Crawford Investment Counsel Inc.’s holdings in Duke Energy were worth $12,197,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of DUK. Dimensional Fund Advisors LP boosted its position in Duke Energy by 4.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,311,505 shares of the utilities provider’s stock valued at $113,181,000 after buying an additional 52,498 shares during the period. Geode Capital Management LLC increased its holdings in shares of Duke Energy by 9.2% in the fourth quarter. Geode Capital Management LLC now owns 8,951,045 shares of the utilities provider’s stock worth $771,079,000 after buying an additional 750,534 shares during the period. USS Investment Management Ltd purchased a new position in shares of Duke Energy in the first quarter worth about $37,519,000. Buckhead Capital Management LLC lifted its stake in shares of Duke Energy by 0.4% in the 1st quarter. Buckhead Capital Management LLC now owns 31,618 shares of the utilities provider’s stock valued at $2,846,000 after acquiring an additional 125 shares during the last quarter. Finally, Zeke Capital Advisors LLC increased its stake in Duke Energy by 11.3% in the 1st quarter. Zeke Capital Advisors LLC now owns 21,112 shares of the utilities provider’s stock worth $1,900,000 after purchasing an additional 2,148 shares during the period. Institutional investors and hedge funds own 60.27% of the company’s stock.

A number of research firms have recently weighed in on DUK. KeyCorp began coverage on Duke Energy in a research note on Tuesday, June 4th. They set a “sector weight” rating for the company. SunTrust Banks set a $96.00 target price on Duke Energy and gave the company a “hold” rating in a research note on Tuesday, September 3rd. Credit Suisse Group upped their target price on Duke Energy from $95.00 to $98.00 and gave the company a “neutral” rating in a report on Monday. JPMorgan Chase & Co. set a $90.00 target price on shares of Duke Energy and gave the stock a “hold” rating in a research report on Monday, May 20th. Finally, Citigroup lowered their price objective on shares of Duke Energy from $91.00 to $88.00 and set a “neutral” rating for the company in a report on Tuesday, July 30th. Two equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $92.44.

In other Duke Energy news, EVP Douglas F. Esamann sold 4,430 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $92.44, for a total value of $409,509.20. Following the completion of the transaction, the executive vice president now directly owns 64,722 shares in the company, valued at approximately $5,982,901.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Dwight L. Jacobs sold 1,700 shares of Duke Energy stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $91.05, for a total transaction of $154,785.00. Following the sale, the senior vice president now owns 4,891 shares in the company, valued at approximately $445,325.55. The disclosure for this sale can be found here. Insiders have sold 26,362 shares of company stock valued at $2,401,576 in the last quarter. 0.09% of the stock is currently owned by company insiders.

NYSE:DUK traded up $0.42 during mid-day trading on Wednesday, hitting $94.36. 127,238 shares of the company’s stock were exchanged, compared to its average volume of 2,522,609. The company has a market cap of $68.44 billion, a PE ratio of 19.99, a P/E/G ratio of 3.85 and a beta of 0.09. The business has a fifty day moving average price of $90.22 and a 200 day moving average price of $89.27. Duke Energy Corp has a one year low of $78.00 and a one year high of $94.54. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.71 and a quick ratio of 0.47.

Duke Energy (NYSE:DUK) last issued its quarterly earnings data on Tuesday, August 6th. The utilities provider reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.14. Duke Energy had a net margin of 13.23% and a return on equity of 8.02%. The firm had revenue of $5.87 billion during the quarter, compared to the consensus estimate of $5.76 billion. During the same quarter in the previous year, the firm posted $0.93 EPS. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. On average, equities analysts forecast that Duke Energy Corp will post 4.99 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 16th will be given a dividend of $0.945 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.78 annualized dividend and a dividend yield of 4.01%. This is a boost from Duke Energy’s previous quarterly dividend of $0.93. Duke Energy’s dividend payout ratio (DPR) is currently 80.08%.

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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Isthmus Partners LLC Sells 155674 Shares of Duke Energy Corp (NYSE:DUK)

Isthmus Partners LLC lessened its holdings in Duke Energy Corp (NYSE:DUK) by 97.4% during the second quarter, according to the company in its …

Duke Energy logoIsthmus Partners LLC lessened its holdings in Duke Energy Corp (NYSE:DUK) by 97.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,236 shares of the utilities provider’s stock after selling 155,674 shares during the quarter. Isthmus Partners LLC’s holdings in Duke Energy were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of DUK. Dimensional Fund Advisors LP increased its stake in shares of Duke Energy by 4.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,311,505 shares of the utilities provider’s stock valued at $113,181,000 after buying an additional 52,498 shares during the period. Geode Capital Management LLC grew its holdings in Duke Energy by 9.2% during the 4th quarter. Geode Capital Management LLC now owns 8,951,045 shares of the utilities provider’s stock worth $771,079,000 after acquiring an additional 750,534 shares during the last quarter. USS Investment Management Ltd acquired a new position in Duke Energy in the 1st quarter valued at approximately $37,519,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new position in shares of Duke Energy during the first quarter valued at $2,441,000. Finally, Buckhead Capital Management LLC raised 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 valued at $2,846,000 after acquiring an additional 125 shares during the last quarter. Institutional investors own 60.27% of the company’s stock.

Shares of NYSE:DUK traded up $0.39 during midday trading on Tuesday, reaching $94.11. The company’s stock had a trading volume of 883,043 shares, compared to its average volume of 2,489,065. The firm has a 50 day moving average price of $90.11 and a two-hundred day moving average price of $89.24. Duke Energy Corp has a fifty-two week low of $78.00 and a fifty-two week high of $94.29. The firm has a market capitalization of $68.31 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 3.88 and a beta of 0.08. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.47 and a current ratio of 0.71.

Duke Energy (NYSE:DUK) last issued its earnings results on Tuesday, August 6th. The utilities provider reported $1.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.98 by $0.14. The business had revenue of $5.87 billion during the quarter, compared to the consensus estimate of $5.76 billion. Duke Energy had a return on equity of 8.02% and a net margin of 13.23%. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.93 earnings per share. As a group, research analysts anticipate that Duke Energy Corp will post 4.95 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Shareholders 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 yield of 4.02%. This is a boost from Duke Energy’s previous quarterly dividend of $0.93. The ex-dividend date of this dividend is Thursday, August 15th. Duke Energy’s dividend payout ratio (DPR) is presently 80.08%.

In other news, EVP Douglas F. Esamann sold 4,430 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $92.44, for a total value of $409,509.20. Following the transaction, the executive vice president now owns 64,722 shares in the company, valued at $5,982,901.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Lloyd M. Yates sold 20,000 shares of Duke Energy stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $90.81, for a total value of $1,816,200.00. Following the transaction, the executive vice president now directly owns 41,154 shares in the company, valued at approximately $3,737,194.74. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,362 shares of company stock valued at $2,401,576. Insiders own 0.09% of the company’s stock.

Several analysts recently weighed in on DUK shares. JPMorgan Chase & Co. set a $90.00 price objective on shares of Duke Energy and gave the stock a “hold” rating in a research note on Monday, May 20th. Barclays reduced their price target on Duke Energy from $96.00 to $94.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 18th. Morgan Stanley decreased their price target on Duke Energy from $99.00 to $92.00 and set an “equal weight” rating for the company in a research note on Thursday, August 8th. Credit Suisse Group raised their price objective on Duke Energy from $95.00 to $98.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Citigroup decreased their target price on shares of Duke Energy from $91.00 to $88.00 and set a “neutral” rating for the company in a research report on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. Duke Energy has a consensus rating of “Hold” and a consensus price target of $92.44.

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 Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in shares of Duke Energy Corp (NYSE:DUK) by 2.5% during the 2nd quarter, …

Duke Energy logoCharles Schwab Investment Management Inc. boosted its holdings in shares of Duke Energy Corp (NYSE:DUK) by 2.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,293,959 shares of the utilities provider’s stock after purchasing an additional 79,095 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.45% of Duke Energy worth $290,659,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harvest Group Wealth Management LLC bought a new stake in shares of Duke Energy in the 1st quarter worth about $26,000. Thor Advisors LLC purchased a new stake in Duke Energy in the first quarter valued at about $30,000. Larson Financial Group LLC boosted its holdings in Duke Energy by 65.5% in the second quarter. Larson Financial Group LLC now owns 422 shares of the utilities provider’s stock worth $37,000 after acquiring an additional 167 shares in the last quarter. Glassman Wealth Services increased its holdings in shares of Duke Energy by 35.2% in 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 during the period. Finally, Tarbox Family Office Inc. raised its holdings in shares of Duke Energy by 46.5% during the second quarter. Tarbox Family Office Inc. now owns 457 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 145 shares during the last quarter. 60.27% of the stock is currently owned by institutional investors.

In related news, EVP Douglas F. Esamann sold 4,430 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $92.44, for a total value of $409,509.20. Following the completion of the transaction, the executive vice president now directly owns 64,722 shares of the company’s stock, valued at $5,982,901.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Dwight L. Jacobs sold 1,700 shares of the business’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $91.05, for a total transaction of $154,785.00. Following the completion of the sale, the senior vice president now directly owns 4,891 shares of the company’s stock, valued at $445,325.55. The disclosure for this sale can be found here. Insiders sold 26,362 shares of company stock valued at $2,401,576 in the last quarter. 0.09% of the stock is owned by insiders.

Shares of NYSE:DUK traded up $0.31 during mid-day trading on Tuesday, reaching $94.03. 859,713 shares of the company were exchanged, compared to its average volume of 2,489,065. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.71 and a quick ratio of 0.47. The firm has a market cap of $68.31 billion, a price-to-earnings ratio of 19.92, a P/E/G ratio of 3.88 and a beta of 0.08. The firm’s 50-day simple moving average is $90.11 and its 200 day simple moving average is $89.24. Duke Energy Corp has a 1 year low of $78.00 and a 1 year high of $94.29.

Duke Energy (NYSE:DUK) last issued its quarterly earnings results on Tuesday, August 6th. The utilities provider reported $1.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.98 by $0.14. The company had revenue of $5.87 billion during the quarter, compared to analysts’ expectations of $5.76 billion. Duke Energy had a net margin of 13.23% and a return on equity of 8.02%. The firm’s revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 EPS. On average, research analysts forecast that Duke Energy Corp will post 4.95 earnings per share for the current fiscal year.

The company also recently announced 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. This is a boost from Duke Energy’s previous quarterly dividend of $0.93. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.78 annualized dividend and a yield of 4.02%. Duke Energy’s dividend payout ratio (DPR) is 80.08%.

A number of brokerages have recently commented on DUK. Morgan Stanley lowered their target price on Duke Energy from $99.00 to $92.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 8th. KeyCorp started coverage on Duke Energy in a research report on Tuesday, June 4th. They issued a “sector weight” rating on the stock. Bank of America cut shares of Duke Energy from a “neutral” rating to an “underperform” rating in a research note on Monday, May 13th. Credit Suisse Group boosted their target price on shares of Duke Energy from $95.00 to $98.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Citigroup dropped their price target on shares of Duke Energy from $91.00 to $88.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $92.44.

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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Carlson Capital LP Purchases Shares of 205900 Duke Energy Corp (NYSE:DUK)

Carlson Capital L P purchased a new stake in Duke Energy Corp (NYSE:DUK) in the second quarter, HoldingsChannel.com reports. The institutional …

Duke Energy logoCarlson Capital L P purchased a new stake in Duke Energy Corp (NYSE:DUK) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 205,900 shares of the utilities provider’s stock, valued at approximately $18,169,000.

Other hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in Duke Energy by 4.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,311,505 shares of the utilities provider’s stock valued at $113,181,000 after acquiring an additional 52,498 shares during the last quarter. Geode Capital Management LLC grew its stake in Duke Energy by 9.2% in the 4th quarter. Geode Capital Management LLC now owns 8,951,045 shares of the utilities provider’s stock valued at $771,079,000 after acquiring an additional 750,534 shares during the last quarter. USS Investment Management Ltd acquired a new stake in Duke Energy in the 1st quarter valued at about $37,519,000. Hussman Strategic Advisors Inc. grew its stake in Duke Energy by 2,702.7% in the 1st quarter. Hussman Strategic Advisors Inc. now owns 9,333 shares of the utilities provider’s stock valued at $840,000 after acquiring an additional 9,000 shares during the last quarter. Finally, Patriot Investment Management Inc. acquired a new stake in Duke Energy in the 1st quarter valued at about $514,000. Hedge funds and other institutional investors own 60.40% of the company’s stock.

In other Duke Energy news, EVP Lloyd M. Yates sold 20,000 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $90.81, for a total transaction of $1,816,200.00. Following the sale, the executive vice president now directly owns 41,154 shares of the company’s stock, valued at approximately $3,737,194.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Douglas F. Esamann sold 4,430 shares of the firm’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $92.44, for a total transaction of $409,509.20. Following the sale, the executive vice president now directly owns 64,722 shares in the company, valued at $5,982,901.68. The disclosure for this sale can be found here. Insiders have sold a total of 26,362 shares of company stock worth $2,401,576 over the last ninety days. 0.09% of the stock is owned by corporate insiders.

A number of brokerages recently commented on DUK. SunTrust Banks set a $96.00 price objective on shares of Duke Energy and gave the company a “hold” rating in a research note on Tuesday, September 3rd. Citigroup lowered their price objective on shares of Duke Energy from $91.00 to $88.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 30th. JPMorgan Chase & Co. set a $90.00 price objective on shares of Duke Energy and gave the company a “hold” rating in a research note on Monday, May 20th. KeyCorp began coverage on shares of Duke Energy in a research note on Tuesday, June 4th. They issued a “sector weight” rating on the stock. Finally, Barclays lowered their price objective on shares of Duke Energy from $96.00 to $94.00 and set an “equal weight” rating on the stock in a research note on Tuesday, June 18th. Two investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. Duke Energy currently has an average rating of “Hold” and an average price target of $91.75.

Duke Energy stock opened at $93.76 on Friday. Duke Energy Corp has a 12-month low of $78.00 and a 12-month high of $94.29. The stock has a market capitalization of $68.06 billion, a P/E ratio of 19.86, a P/E/G ratio of 3.87 and a beta of 0.09. The firm’s 50-day moving average is $89.81 and its two-hundred day moving average is $89.16. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.71 and a quick ratio of 0.47.

Duke Energy (NYSE:DUK) last released its quarterly earnings results on Tuesday, August 6th. The utilities provider reported $1.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.14. Duke Energy had a net margin of 13.23% and a return on equity of 8.02%. The company had revenue of $5.87 billion for the quarter, compared to analysts’ expectations of $5.76 billion. During the same period last year, the company earned $0.93 EPS. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. As a group, analysts forecast that Duke Energy Corp will post 4.95 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 16th will be paid a dividend of $0.945 per share. This is a boost from Duke Energy’s previous quarterly dividend of $0.93. This represents a $3.78 annualized dividend and a dividend yield of 4.03%. The ex-dividend date is Thursday, August 15th. Duke Energy’s dividend payout ratio (DPR) is currently 80.08%.

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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Financial Advocates Investment Management Takes $294000 Position in Duke Energy Corp …

Financial Advocates Investment Management acquired a new position in Duke Energy Corp (NYSE:DUK) during the 2nd quarter, according to the …

Duke Energy logoFinancial Advocates Investment Management acquired a new position in Duke Energy Corp (NYSE:DUK) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,332 shares of the utilities provider’s stock, valued at approximately $294,000.

Other institutional investors have also modified their holdings of the company. Vicus Capital raised its holdings in shares of Duke Energy by 4.4% in the 2nd quarter. Vicus Capital now owns 3,013 shares of the utilities provider’s stock worth $266,000 after acquiring an additional 126 shares during the last quarter. Morgan Dempsey Capital Management LLC grew its position in shares of Duke Energy by 7.2% during the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 60,307 shares of the utilities provider’s stock valued at $5,322,000 after acquiring an additional 4,063 shares during the period. Rational Advisors LLC grew its position in shares of Duke Energy by 165.8% during the 2nd quarter. Rational Advisors LLC now owns 699 shares of the utilities provider’s stock valued at $62,000 after acquiring an additional 436 shares during the period. Camden National Bank grew its position in shares of Duke Energy by 16.9% during the 2nd quarter. Camden National Bank now owns 59,108 shares of the utilities provider’s stock valued at $5,216,000 after acquiring an additional 8,538 shares during the period. Finally, Cornerstone Wealth Group LLC boosted its holdings in Duke Energy by 47.0% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 41,673 shares of the utilities provider’s stock valued at $3,677,000 after purchasing an additional 13,322 shares during the period. 60.40% of the stock is currently owned by institutional investors.

In other Duke Energy news, EVP Douglas F. Esamann sold 4,430 shares of the business’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $92.44, for a total transaction of $409,509.20. Following the completion of the transaction, the executive vice president now owns 64,722 shares in the company, valued at approximately $5,982,901.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Lloyd M. Yates sold 20,000 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $90.81, for a total value of $1,816,200.00. Following the completion of the transaction, the executive vice president now owns 41,154 shares in the company, valued at approximately $3,737,194.74. The disclosure for this sale can be found here. Over the last three months, insiders sold 26,362 shares of company stock worth $2,401,576. 0.09% of the stock is owned by corporate insiders.

A number of brokerages recently commented on DUK. ValuEngine cut shares of Duke Energy from a “buy” rating to a “hold” rating in a research report on Friday, June 28th. SunTrust Banks set a $96.00 price objective on shares of Duke Energy and gave the company a “hold” rating in a research report on Tuesday, September 3rd. Morgan Stanley decreased their price objective on shares of Duke Energy from $99.00 to $92.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 8th. JPMorgan Chase & Co. set a $90.00 price objective on shares of Duke Energy and gave the stock a “hold” rating in a research note on Monday, May 20th. Finally, Barclays dropped their price objective on shares of Duke Energy from $96.00 to $94.00 and set an “equal weight” rating on the stock in a research note on Tuesday, June 18th. Two investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. The stock has an average rating of “Hold” and a consensus price target of $91.75.

NYSE:DUK traded up $0.35 on Friday, reaching $93.76. 2,513,167 shares of the company’s stock were exchanged, compared to its average volume of 2,477,923. The company has a quick ratio of 0.47, a current ratio of 0.71 and a debt-to-equity ratio of 1.26. The business has a fifty day moving average of $89.81 and a 200-day moving average of $89.16. Duke Energy Corp has a 52-week low of $78.00 and a 52-week high of $94.29. The firm has a market capitalization of $68.06 billion, a price-to-earnings ratio of 19.86, a price-to-earnings-growth ratio of 3.87 and a beta of 0.09.

Duke Energy (NYSE:DUK) last announced its quarterly earnings results on Tuesday, August 6th. The utilities provider reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.14. Duke Energy had a return on equity of 8.02% and a net margin of 13.23%. The business had revenue of $5.87 billion during the quarter, compared to analysts’ expectations of $5.76 billion. During the same quarter last year, the business posted $0.93 earnings per share. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. As a group, equities analysts anticipate that Duke Energy Corp will post 4.95 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 16th will be paid a $0.945 dividend. This represents a $3.78 dividend on an annualized basis and a yield of 4.03%. This is a positive change from Duke Energy’s previous quarterly dividend of $0.93. The ex-dividend date of this dividend is Thursday, August 15th. Duke Energy’s dividend payout ratio (DPR) is presently 80.08%.

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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