DTE Energy Company CORPORATE UNIT (DTV)’s Financial Results Comparing With Duke …

DTE Energy Company CORPORATE UNIT (NYSE:DTV) and Duke Energy Corporation (NYSE:DUK) compete against each other in the Electric …

DTE Energy Company CORPORATE UNIT (NYSE:DTV) and Duke Energy Corporation (NYSE:DUK) compete against each other in the Electric Utilities sector. We will compare them and contrast their institutional ownership, profitability, risk, dividends, analyst recommendations, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
DTE Energy Company CORPORATE UNIT N/A 0.00 N/A 0.00 0.00
Duke Energy Corporation 24.12B 2.73 2.64B 3.77 23.86

We can see in table 1 the earnings per share, gross revenue and valuation of DTE Energy Company CORPORATE UNIT and Duke Energy Corporation.

Profitability

Table 2 provides DTE Energy Company CORPORATE UNIT and Duke Energy Corporation’s return on assets, return on equity and net margins.

Net Margins Return on Equity Return on Assets
DTE Energy Company CORPORATE UNIT 0.00% 0% 0%
Duke Energy Corporation 10.95% 6.6% 2%

Dividends

The annual dividend that DTE Energy Company CORPORATE UNIT pay is $3.41 per share with a dividend yield of 6.2%. Duke Energy Corporation has an annual dividend pay of $3.63 per share while its annual dividend yield is 4.02%.

Analyst Ratings

The following table given below contains the ratings and recommendations for DTE Energy Company CORPORATE UNIT and Duke Energy Corporation.

Sell Ratings Hold Ratings Buy Ratings Rating Score
DTE Energy Company CORPORATE UNIT 0 0 0 0.00
Duke Energy Corporation 0 5 0 2.00

Meanwhile, Duke Energy Corporation’s average target price is $88.8, while its potential downside is -2.04%.

Insider & Institutional Ownership

The shares of both DTE Energy Company CORPORATE UNIT and Duke Energy Corporation are owned by institutional investors at 0% and 64% respectively. On the other hand, insiders owned about 0.1% of Duke Energy Corporation’s shares.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
DTE Energy Company CORPORATE UNIT 0.24% 1.76% 2.06% 4.11% 8.24% 7.3%
Duke Energy Corporation 0.45% 2.39% 2.6% 11.33% 18.95% 4.15%

For the past year DTE Energy Company CORPORATE UNIT was more bullish than Duke Energy Corporation.

Summary

On 12 of the 13 factors Duke Energy Corporation beats DTE Energy Company CORPORATE UNIT.

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; uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities. This segment serves approximately 7.5 million retail electric customers in 6 states in the Southeast and Midwest regions of the United States covering a service territory of approximately 95,000 square miles; and owns approximately 49,300 megawatts (MW) of generation capacity. The Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and owns, operates, and invests in various pipeline transmission and natural gas storage facilities. It has approximately 1.5 million customers, including 1 million customers located in North Carolina, South Carolina, and Tennessee, and as well as 529,000 customers located in southwestern Ohio and northern Kentucky. The Commercial Renewables segment acquires, builds, develops, and operates wind and solar renewable generation projects, including nonregulated renewable energy and energy storage services to utilities, electric cooperatives, municipalities, and commercial and industrial customers. This segment has 21 wind farms and 63 commercial solar farms with a capacity of 2,900 MW across 14 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. Duke Energy Corporation was incorporated in 2005 and is headquartered in Charlotte, North Carolina.

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Duke Energy Corp (DUK) Position Reduced by Aviva PLC

Aviva PLC lessened its stake in shares of Duke Energy Corp (NYSE:DUK) by 21.2% during the fourth quarter, according to the company in its most …

Duke Energy logoAviva PLC lessened its stake in shares of Duke Energy Corp (NYSE:DUK) by 21.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 269,467 shares of the utilities provider’s stock after selling 72,571 shares during the period. Aviva PLC’s holdings in Duke Energy were worth $23,255,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. HC Financial Advisors Inc. raised its stake in shares of Duke Energy by 445.9% in the 3rd quarter. HC Financial Advisors Inc. now owns 20,099 shares of the utilities provider’s stock valued at $1,608,000 after acquiring an additional 16,417 shares in the last quarter. Acadian Asset Management LLC increased its position in Duke Energy by 362.9% in the 3rd quarter. Acadian Asset Management LLC now owns 4,046 shares of the utilities provider’s stock worth $324,000 after buying an additional 3,172 shares during the period. Daiwa Securities Group Inc. increased its position in Duke Energy by 3.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 34,235 shares of the utilities provider’s stock worth $2,739,000 after buying an additional 1,230 shares during the period. Pendal Group Ltd increased its position in Duke Energy by 9.6% in the 3rd quarter. Pendal Group Ltd now owns 8,654 shares of the utilities provider’s stock worth $692,000 after buying an additional 759 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. increased its position in Duke Energy by 458.5% in the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 53,841 shares of the utilities provider’s stock worth $4,308,000 after buying an additional 44,200 shares during the period. 61.97% of the stock is currently owned by hedge funds and other institutional investors.

Shares of DUK traded up $0.29 on Friday, reaching $90.65. 7,614,204 shares of the stock traded hands, compared to its average volume of 3,375,412. The company has a current ratio of 0.65, a quick ratio of 0.44 and a debt-to-equity ratio of 1.17. The stock has a market cap of $65.90 billion, a PE ratio of 19.21, a P/E/G ratio of 3.64 and a beta of 0.06. Duke Energy Corp has a 12 month low of $71.96 and a 12 month high of $91.35.

Duke Energy (NYSE:DUK) last announced its quarterly earnings results on Thursday, February 14th. The utilities provider reported $0.84 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.05). The company had revenue of $6.12 billion during the quarter, compared to analyst estimates of $5.84 billion. Duke Energy had a net margin of 10.87% and a return on equity of 7.80%. Duke Energy’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.94 EPS. Equities analysts forecast that Duke Energy Corp will post 4.97 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, March 18th. Investors of record on Friday, February 15th will be paid a $0.9275 dividend. This represents a $3.71 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend is Thursday, February 14th. Duke Energy’s dividend payout ratio is 78.60%.

Several research analysts have commented on DUK shares. Bank of America downgraded Duke Energy from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $88.00 to $87.00 in a research report on Wednesday, January 9th. They noted that the move was a valuation call. Barclays lifted their price target on Duke Energy from $86.00 to $88.00 and gave the stock a “hold” rating in a research report on Monday, November 19th. Zacks Investment Research downgraded Duke Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, January 8th. Credit Suisse Group downgraded Duke Energy from an “outperform” rating to a “neutral” rating in a research report on Friday, February 15th. Finally, Morgan Stanley lifted their price target on Duke Energy from $85.00 to $88.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 12th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $85.08.

In related news, COO Dhiaa M. Jamil sold 750 shares of the business’s stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $89.75, for a total value of $67,312.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Melissa H. Anderson sold 2,000 shares of the business’s stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $87.49, for a total value of $174,980.00. Following the completion of the sale, the executive vice president now directly owns 18,198 shares in the company, valued at approximately $1,592,143.02. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,250 shares of company stock worth $1,900,878. 0.08% of the stock is owned by insiders.

ILLEGAL ACTIVITY NOTICE: This piece was reported by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. and international copyright & trademark law. The legal version of this piece can be viewed at https://www.fairfieldcurrent.com/news/2019/03/16/aviva-plc-sells-72571-shares-of-duke-energy-corp-duk.html.

About Duke Energy

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; uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.

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

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Colonial Trust Advisors Has $10.02 Million Stake in Duke Energy Corp (DUK)

Colonial Trust Advisors decreased its position in Duke Energy Corp (NYSE:DUK) by 10.2% in the 4th quarter, according to its most recent Form 13F …

Duke Energy logoColonial Trust Advisors decreased its position in Duke Energy Corp (NYSE:DUK) by 10.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 116,153 shares of the utilities provider’s stock after selling 13,183 shares during the quarter. Duke Energy accounts for about 2.4% of Colonial Trust Advisors’ investment portfolio, making the stock its 7th largest holding. Colonial Trust Advisors’ holdings in Duke Energy were worth $10,024,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of DUK. Vanguard Group Inc raised its stake in shares of Duke Energy by 2.9% during the third quarter. Vanguard Group Inc now owns 54,434,882 shares of the utilities provider’s stock valued at $4,355,880,000 after purchasing an additional 1,539,841 shares in the last quarter. BlackRock Inc. raised its stake in shares of Duke Energy by 2.6% during the fourth quarter. BlackRock Inc. now owns 48,270,073 shares of the utilities provider’s stock valued at $4,165,706,000 after purchasing an additional 1,226,657 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Duke Energy by 2.3% during the third quarter. Franklin Resources Inc. now owns 14,274,081 shares of the utilities provider’s stock valued at $1,142,212,000 after purchasing an additional 314,933 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Duke Energy by 6.7% during the fourth quarter. Bank of New York Mellon Corp now owns 6,896,316 shares of the utilities provider’s stock valued at $595,152,000 after purchasing an additional 431,004 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake in shares of Duke Energy by 8,422.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,521,173 shares of the utilities provider’s stock valued at $76,000 after purchasing an additional 6,444,652 shares in the last quarter. 61.97% of the stock is owned by institutional investors.

DUK traded up $0.29 on Friday, hitting $90.65. The company had a trading volume of 7,614,204 shares, compared to its average volume of 3,375,412. Duke Energy Corp has a 1-year low of $71.96 and a 1-year high of $91.35. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.44 and a current ratio of 0.65. The firm has a market cap of $65.90 billion, a P/E ratio of 19.21, a price-to-earnings-growth ratio of 3.64 and a beta of 0.06.

Duke Energy (NYSE:DUK) last posted its earnings results on Thursday, February 14th. The utilities provider reported $0.84 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.05). Duke Energy had a return on equity of 7.80% and a net margin of 10.87%. The company had revenue of $6.12 billion during the quarter, compared to analyst estimates of $5.84 billion. During the same quarter last year, the firm posted $0.94 earnings per share. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. As a group, analysts anticipate that Duke Energy Corp will post 4.97 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 18th. Stockholders of record on Friday, February 15th will be issued a dividend of $0.9275 per share. The ex-dividend date is Thursday, February 14th. This represents a $3.71 dividend on an annualized basis and a dividend yield of 4.09%. Duke Energy’s dividend payout ratio (DPR) is presently 78.60%.

Several equities research analysts have commented on the stock. ValuEngine upgraded shares of Duke Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, November 21st. Barclays lifted their price target on Duke Energy from $86.00 to $88.00 and gave the stock a “hold” rating in a research note on Monday, November 19th. Bank of America lifted their price target on Duke Energy from $89.00 to $91.00 and gave the stock a “neutral” rating in a research note on Monday, March 11th. Credit Suisse Group cut Duke Energy from an “outperform” rating to a “neutral” rating in a research note on Friday, February 15th. Finally, Zacks Investment Research cut Duke Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, January 8th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. Duke Energy presently has an average rating of “Hold” and an average target price of $85.08.

In other Duke Energy news, EVP Melissa H. Anderson sold 2,000 shares of the company’s stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $87.49, for a total value of $174,980.00. Following the sale, the executive vice president now directly owns 18,198 shares in the company, valued at $1,592,143.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Lynn J. Good sold 15,000 shares of the company’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $89.92, for a total value of $1,348,800.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,250 shares of company stock valued at $1,900,878. Corporate insiders own 0.08% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Colonial Trust Advisors Has $10.02 Million Stake in Duke Energy Corp (DUK)” was originally reported by Fairfield Current and is the sole property of of Fairfield Current. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The correct version of this story can be accessed at https://www.fairfieldcurrent.com/news/2019/03/16/duke-energy-corp-duk-holdings-trimmed-by-colonial-trust-advisors.html.

About Duke Energy

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; uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.

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

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Duke Energy Corp (NYSE:DUK) Stake Lessened by Penobscot Investment Management Company …

Penobscot Investment Management Company Inc. decreased its position in Duke Energy Corp (NYSE:DUK) by 18.7% in the 4th quarter, according to …

Duke Energy logoPenobscot Investment Management Company Inc. decreased its position in Duke Energy Corp (NYSE:DUK) by 18.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,603 shares of the utilities provider’s stock after selling 600 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in Duke Energy were worth $225,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc increased its stake in Duke Energy by 2.9% in the 3rd quarter. Vanguard Group Inc now owns 54,434,882 shares of the utilities provider’s stock worth $4,355,880,000 after purchasing an additional 1,539,841 shares in the last quarter. BlackRock Inc. grew its stake in Duke Energy by 2.6% during the 4th quarter. BlackRock Inc. now owns 48,270,073 shares of the utilities provider’s stock valued at $4,165,706,000 after acquiring an additional 1,226,657 shares in the last quarter. Franklin Resources Inc. grew its stake in Duke Energy by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 14,274,081 shares of the utilities provider’s stock valued at $1,142,212,000 after acquiring an additional 314,933 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Duke Energy by 6.7% during the 4th quarter. Bank of New York Mellon Corp now owns 6,896,316 shares of the utilities provider’s stock valued at $595,152,000 after acquiring an additional 431,004 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in Duke Energy by 8,422.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,521,173 shares of the utilities provider’s stock valued at $76,000 after acquiring an additional 6,444,652 shares in the last quarter. 61.97% of the stock is owned by institutional investors.

Shares of DUK traded up $0.29 on Friday, reaching $90.65. 7,614,204 shares of the stock traded hands, compared to its average volume of 3,375,412. The stock has a market cap of $65.90 billion, a PE ratio of 19.21, a P/E/G ratio of 3.64 and a beta of 0.06. The company has a current ratio of 0.65, a quick ratio of 0.44 and a debt-to-equity ratio of 1.17. Duke Energy Corp has a 12 month low of $71.96 and a 12 month high of $91.35.

Duke Energy (NYSE:DUK) last released its quarterly earnings data on Thursday, February 14th. The utilities provider reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.05). Duke Energy had a net margin of 10.87% and a return on equity of 7.80%. The firm had revenue of $6.12 billion for the quarter, compared to the consensus estimate of $5.84 billion. During the same quarter in the prior year, the firm posted $0.94 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. Equities analysts forecast that Duke Energy Corp will post 4.97 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, March 18th. Shareholders of record on Friday, February 15th will be given a $0.9275 dividend. This represents a $3.71 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date of this dividend is Thursday, February 14th. Duke Energy’s dividend payout ratio (DPR) is 78.60%.

In other news, EVP Lloyd M. Yates sold 3,500 shares of the stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $88.51, for a total transaction of $309,785.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Dhiaa M. Jamil sold 750 shares of the stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $89.75, for a total value of $67,312.50. The disclosure for this sale can be found here. Insiders sold 21,250 shares of company stock worth $1,900,878 over the last quarter. Company insiders own 0.08% of the company’s stock.

Several equities analysts have weighed in on the company. Bank of America lifted their target price on Duke Energy from $89.00 to $91.00 and gave the company a “neutral” rating in a research note on Monday, March 11th. Credit Suisse Group cut Duke Energy from an “outperform” rating to a “neutral” rating in a research note on Friday, February 15th. Morgan Stanley boosted their price target on Duke Energy from $85.00 to $88.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 12th. Zacks Investment Research cut Duke Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, January 8th. Finally, ValuEngine upgraded Duke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, November 21st. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. Duke Energy presently has a consensus rating of “Hold” and a consensus price target of $85.08.

COPYRIGHT VIOLATION WARNING: This story was originally posted by Fairfield Current and is owned by of Fairfield Current. If you are accessing this story on another site, it was stolen and reposted in violation of international copyright & trademark legislation. The correct version of this story can be viewed at https://www.fairfieldcurrent.com/news/2019/03/16/duke-energy-corp-duk-position-decreased-by-penobscot-investment-management-company-inc.html.

About Duke Energy

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; uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.

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

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Duke Energy Corp (DUK) Position Increased by Lido Advisors LLC

Lido Advisors LLC increased its holdings in shares of Duke Energy Corp (NYSE:DUK) by 4.3% in the 4th quarter, according to the company in its most …

Duke Energy logoLido Advisors LLC increased its holdings in shares of Duke Energy Corp (NYSE:DUK) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,910 shares of the utilities provider’s stock after buying an additional 413 shares during the quarter. Lido Advisors LLC’s holdings in Duke Energy were worth $855,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC raised its position in Duke Energy by 59.0% in the fourth quarter. Proficio Capital Partners LLC now owns 442 shares of the utilities provider’s stock valued at $38,000 after purchasing an additional 164 shares during the last quarter. Vigilant Capital Management LLC bought a new position in Duke Energy in the fourth quarter valued at about $43,000. Mackey Komara & Dankovich LLC bought a new position in Duke Energy in the fourth quarter valued at about $57,000. Tortoise Investment Management LLC raised its position in Duke Energy by 96.0% in the fourth quarter. Tortoise Investment Management LLC now owns 682 shares of the utilities provider’s stock valued at $59,000 after purchasing an additional 334 shares during the last quarter. Finally, Massey Quick Simon & CO. LLC raised its position in Duke Energy by 1,681.8% in the fourth quarter. Massey Quick Simon & CO. LLC now owns 784 shares of the utilities provider’s stock valued at $68,000 after purchasing an additional 740 shares during the last quarter. Institutional investors and hedge funds own 61.97% of the company’s stock.

Several equities analysts have commented on DUK shares. Barclays increased their target price on Duke Energy from $86.00 to $88.00 and gave the company a “hold” rating in a research report on Monday, November 19th. ValuEngine upgraded Duke Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, November 21st. Zacks Investment Research upgraded Duke Energy from a “hold” rating to a “buy” rating and set a $101.00 target price for the company in a research report on Wednesday, December 12th. Bank of America downgraded Duke Energy from a “buy” rating to a “neutral” rating and dropped their target price for the company from $88.00 to $87.00 in a research report on Wednesday, January 9th. They noted that the move was a valuation call. Finally, Morgan Stanley increased their target price on Duke Energy from $85.00 to $88.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 12th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $85.08.

Shares of DUK stock opened at $90.65 on Friday. Duke Energy Corp has a 1-year low of $71.96 and a 1-year high of $91.35. The stock has a market capitalization of $65.90 billion, a PE ratio of 19.21, a P/E/G ratio of 3.64 and a beta of 0.06. The company has a quick ratio of 0.44, a current ratio of 0.65 and a debt-to-equity ratio of 1.17.

Duke Energy (NYSE:DUK) last released its earnings results on Thursday, February 14th. The utilities provider reported $0.84 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.05). Duke Energy had a return on equity of 7.80% and a net margin of 10.87%. The business had revenue of $6.12 billion for the quarter, compared to analyst estimates of $5.84 billion. During the same period in the prior year, the business earned $0.94 EPS. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. As a group, research analysts predict that Duke Energy Corp will post 4.97 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 18th. Investors of record on Friday, February 15th will be paid a dividend of $0.9275 per share. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $3.71 annualized dividend and a yield of 4.09%. Duke Energy’s dividend payout ratio is currently 78.60%.

In related news, EVP Melissa H. Anderson sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $87.49, for a total transaction of $174,980.00. Following the completion of the sale, the executive vice president now owns 18,198 shares of the company’s stock, valued at $1,592,143.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Lynn J. Good sold 15,000 shares of the stock in a transaction that occurred on Thursday, February 28th. The stock was sold at an average price of $89.92, for a total value of $1,348,800.00. The disclosure for this sale can be found here. Insiders have sold 21,250 shares of company stock valued at $1,900,878 in the last ninety days. 0.08% of the stock is currently owned by insiders.

COPYRIGHT VIOLATION NOTICE: “Duke Energy Corp (DUK) Position Increased by Lido Advisors LLC” was posted by PressOracle and is owned by of PressOracle. If you are reading this article on another website, it was illegally copied and republished in violation of international trademark and copyright laws. The original version of this article can be read at https://pressoracle.com/news/2019/03/16/duke-energy-corp-duk-position-increased-by-lido-advisors-llc.html.

About Duke Energy

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; uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.

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

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