Salem Investment Counselors Inc. Sells 149 Shares of Duke Energy Corp (NYSE:DUK)

Salem Investment Counselors Inc. lowered its stake in shares of Duke Energy Corp (NYSE:DUK) by 0.6% in the 4th quarter, according to the company …

Duke Energy logoSalem Investment Counselors Inc. lowered its stake in shares of Duke Energy Corp (NYSE:DUK) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,596 shares of the utilities provider’s stock after selling 149 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Duke Energy were worth $2,036,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Kaizen Advisory LLC boosted its holdings in shares of Duke Energy by 25.1% during the 4th quarter. Kaizen Advisory LLC now owns 1,926 shares of the utilities provider’s stock valued at $166,000 after buying an additional 386 shares in the last quarter. Abacus Planning Group Inc. bought a new stake in shares of Duke Energy during the 4th quarter valued at $459,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Duke Energy during the 4th quarter valued at $228,000. High Falls Advisors Inc bought a new stake in shares of Duke Energy during the 4th quarter valued at $200,000. Finally, Vestor Capital LLC boosted its holdings in shares of Duke Energy by 56.7% during the 4th quarter. Vestor Capital LLC now owns 790 shares of the utilities provider’s stock valued at $68,000 after buying an additional 286 shares in the last quarter. Hedge funds and other institutional investors own 60.74% of the company’s stock.

In other news, Chairman Lynn J. Good sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, February 28th. The stock was sold at an average price of $89.92, for a total transaction of $1,348,800.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Dhiaa M. Jamil sold 750 shares of the company’s stock in a transaction that occurred 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 a total of 21,250 shares of company stock valued at $1,900,878 over the last 90 days. 0.09% of the stock is currently owned by corporate insiders.

A number of analysts have recently commented on the stock. Bank of America boosted their target price on shares of Duke Energy from $89.00 to $91.00 and gave the company a “neutral” rating in a report on Monday, March 11th. 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. ValuEngine lowered Duke Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Credit Suisse Group lowered Duke Energy from an “outperform” rating to a “neutral” rating in a research report on Friday, February 15th. Finally, Zacks Investment Research lowered Duke Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, January 8th. Ten research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $85.73.

Shares of NYSE:DUK traded down $0.03 during mid-day trading on Wednesday, reaching $89.06. 3,903,644 shares of the company traded hands, compared to its average volume of 3,508,724. Duke Energy Corp has a 52 week low of $71.96 and a 52 week high of $91.67. 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 company has a market cap of $64.83 billion, a PE ratio of 18.87, a price-to-earnings-growth ratio of 3.66 and a beta of 0.06.

Duke Energy (NYSE:DUK) last posted its quarterly 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 business had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $5.84 billion. During the same quarter in the previous year, the company earned $0.94 earnings per share. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. Equities research analysts predict that Duke Energy Corp will post 4.95 earnings per share for the current fiscal year.

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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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Salem Investment Counselors Inc. Sells 475 Shares of Southwest Airlines Co (NYSE:LUV)

Finally, WINTON GROUP Ltd increased its position in shares of Southwest Airlines by 45.6% during the 4th quarter. WINTON GROUP Ltd now owns …

Southwest Airlines logoSalem Investment Counselors Inc. decreased its position in Southwest Airlines Co (NYSE:LUV) by 2.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 21,068 shares of the airline’s stock after selling 475 shares during the period. Salem Investment Counselors Inc.’s holdings in Southwest Airlines were worth $979,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Cahill Financial Advisors Inc. increased its position in shares of Southwest Airlines by 42.7% during the 4th quarter. Cahill Financial Advisors Inc. now owns 11,021 shares of the airline’s stock valued at $513,000 after purchasing an additional 3,300 shares during the last quarter. Ackerman Capital Advisors LLC increased its position in shares of Southwest Airlines by 4,145.5% during the 4th quarter. Ackerman Capital Advisors LLC now owns 424,554 shares of the airline’s stock valued at $9,290,000 after purchasing an additional 414,554 shares during the last quarter. Mackay Shields LLC increased its position in shares of Southwest Airlines by 15.6% during the 4th quarter. Mackay Shields LLC now owns 127,050 shares of the airline’s stock valued at $5,905,000 after purchasing an additional 17,191 shares during the last quarter. Reilly Financial Advisors LLC purchased a new stake in shares of Southwest Airlines during the 4th quarter valued at about $5,482,000. Finally, WINTON GROUP Ltd increased its position in shares of Southwest Airlines by 45.6% during the 4th quarter. WINTON GROUP Ltd now owns 227,548 shares of the airline’s stock valued at $10,576,000 after purchasing an additional 71,310 shares during the last quarter. Hedge funds and other institutional investors own 81.19% of the company’s stock.

A number of research analysts recently issued reports on the company. ValuEngine upgraded Southwest Airlines from a “sell” rating to a “hold” rating in a research note on Tuesday. Raymond James downgraded Southwest Airlines from an “outperform” rating to a “market perform” rating and set a $53.25 price objective for the company. in a research note on Monday, April 8th. Zacks Investment Research downgraded Southwest Airlines from a “hold” rating to a “sell” rating in a research note on Tuesday, April 2nd. Macquarie set a $52.00 price objective on Southwest Airlines and gave the company a “hold” rating in a research note on Thursday, March 28th. Finally, Credit Suisse Group cut their price objective on Southwest Airlines from $56.00 to $50.00 and set a “neutral” rating for the company in a research note on Thursday, March 28th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $58.77.

Shares of LUV traded down $0.02 during mid-day trading on Wednesday, hitting $52.76. 2,569,900 shares of the stock were exchanged, compared to its average volume of 5,255,569. Southwest Airlines Co has a 52-week low of $44.28 and a 52-week high of $64.02. The stock has a market capitalization of $28.85 billion, a price-to-earnings ratio of 12.44, a price-to-earnings-growth ratio of 1.84 and a beta of 1.50. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.64 and a quick ratio of 0.58.

Southwest Airlines (NYSE:LUV) last released its quarterly earnings results on Thursday, January 24th. The airline reported $1.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.06 by $0.11. Southwest Airlines had a return on equity of 24.56% and a net margin of 11.22%. The company had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.68 billion. During the same quarter in the prior year, the firm posted $0.77 EPS. Southwest Airlines’s quarterly revenue was up 8.5% compared to the same quarter last year. On average, sell-side analysts expect that Southwest Airlines Co will post 4.78 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were issued a dividend of $0.16 per share. The ex-dividend date was Tuesday, March 5th. This represents a $0.64 annualized dividend and a yield of 1.21%. Southwest Airlines’s payout ratio is presently 15.09%.

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Southwest Airlines Company Profile

Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2018, the company operated a total of 750 Boeing 737 aircraft; and served 99 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

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Institutional Ownership by Quarter for Southwest Airlines (NYSE:LUV)

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Fidelity Southern Co. (LION) Stake Raised by Barclays PLC

Salem Investment Counselors Inc. lifted its position in shares of Fidelity Southern by 17.1% in the 3rd quarter. Salem Investment Counselors Inc. now …

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Salem Investment Counselors Inc. Acquires 6550 Shares of NXP Semiconductors NV (NXPI)

Salem Investment Counselors Inc. boosted its holdings in NXP Semiconductors NV (NASDAQ:NXPI) by 409.4% during the 4th quarter, according to …

NXP Semiconductors logoSalem Investment Counselors Inc. boosted its holdings in NXP Semiconductors NV (NASDAQ:NXPI) by 409.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,150 shares of the semiconductor provider’s stock after acquiring an additional 6,550 shares during the quarter. Salem Investment Counselors Inc.’s holdings in NXP Semiconductors were worth $597,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northern Trust Corp lifted its position in shares of NXP Semiconductors by 8.8% during the 4th quarter. Northern Trust Corp now owns 3,975,297 shares of the semiconductor provider’s stock worth $291,310,000 after buying an additional 322,506 shares in the last quarter. Brown Advisory Inc. lifted its position in shares of NXP Semiconductors by 19.9% during the 4th quarter. Brown Advisory Inc. now owns 2,946,237 shares of the semiconductor provider’s stock worth $215,899,000 after buying an additional 488,226 shares in the last quarter. Putnam Investments LLC lifted its position in shares of NXP Semiconductors by 191.9% during the 3rd quarter. Putnam Investments LLC now owns 2,716,424 shares of the semiconductor provider’s stock worth $232,254,000 after buying an additional 1,785,940 shares in the last quarter. Cambiar Investors LLC bought a new position in shares of NXP Semiconductors during the 4th quarter worth approximately $168,740,000. Finally, TIAA CREF Investment Management LLC lifted its position in shares of NXP Semiconductors by 77.1% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 2,263,768 shares of the semiconductor provider’s stock worth $193,552,000 after buying an additional 985,301 shares in the last quarter. 77.47% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have commented on NXPI shares. Piper Jaffray Companies started coverage on shares of NXP Semiconductors in a research report on Thursday, December 20th. They set an “overweight” rating and a $100.00 target price on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $95.00 price target on shares of NXP Semiconductors in a report on Thursday, January 24th. Mizuho cut shares of NXP Semiconductors from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $99.00 to $95.00 in a report on Friday, February 8th. Nomura raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and set a $95.00 price target on the stock in a report on Thursday, January 17th. Finally, Deutsche Bank lifted their price target on shares of NXP Semiconductors from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, March 14th. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. NXP Semiconductors presently has a consensus rating of “Hold” and a consensus target price of $99.21.

NXP Semiconductors stock opened at $89.06 on Wednesday. NXP Semiconductors NV has a 1-year low of $67.62 and a 1-year high of $122.48. The company has a market capitalization of $29.27 billion, a P/E ratio of 14.99, a price-to-earnings-growth ratio of 1.14 and a beta of 1.10. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.59.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Wednesday, February 6th. The semiconductor provider reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.28. NXP Semiconductors had a net margin of 23.47% and a return on equity of 15.52%. The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.39 billion. Sell-side analysts forecast that NXP Semiconductors NV will post 6.23 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 5th. Investors of record on Monday, March 18th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, March 15th. This represents a $1.00 dividend on an annualized basis and a yield of 1.12%. NXP Semiconductors’s dividend payout ratio is 16.84%.

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About NXP Semiconductors

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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Fidelity Southern Co. (LION) Stake Decreased by Context BH Capital Management LP

Salem Investment Counselors Inc. lifted its holdings in shares of Fidelity Southern by 17.1% during the 3rd quarter. Salem Investment Counselors Inc.

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