3,064 Shares in Duke Energy Co. (NYSE:DUK) Bought by Cvfg LLC

Cvfg LLC purchased a new stake in Duke Energy Co. (NYSE:DUK - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,064 shares of the utilities provider's stock, valued at approximately $330,000.

A number of other large investors have also recently bought and sold shares of DUK. Pathway Financial Advisers LLC raised its stake in shares of Duke Energy by 11,471.4% in the third quarter. Pathway Financial Advisers LLC now owns 6,777,973 shares of the utilities provider's stock valued at $781,500,000 after acquiring an additional 6,719,398 shares during the last quarter. Groupama Asset Managment acquired a new stake in Duke Energy during the 3rd quarter valued at $2,537,000. Zimmer Partners LP bought a new position in Duke Energy in the 3rd quarter valued at $166,263,000. Assenagon Asset Management S.A. boosted its stake in Duke Energy by 155.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,873,321 shares of the utilities provider's stock worth $201,832,000 after purchasing an additional 1,138,979 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake in shares of Duke Energy by 13,829.1% in the third quarter. International Assets Investment Management LLC now owns 1,125,607 shares of the utilities provider's stock valued at $129,782,000 after buying an additional 1,117,526 shares in the last quarter. 65.31% of the stock is currently owned by institutional investors.

Duke Energy Trading Up 0.3 %

DUK traded up $0.28 during midday trading on Friday, reaching $109.34. 2,928,344 shares of the company were exchanged, compared to its average volume of 3,052,767. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.45 and a current ratio of 0.70. The stock has a market capitalization of $84.47 billion, a P/E ratio of 20.10, a PEG ratio of 2.64 and a beta of 0.49. The stock's 50-day simple moving average is $110.55 and its 200 day simple moving average is $111.81. Duke Energy Co. has a one year low of $90.09 and a one year high of $121.25.

Duke Energy (NYSE:DUK - Get Free Report) last issued its earnings results on Thursday, November 7th. The utilities provider reported $1.62 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.11). The firm had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $8.06 billion. Duke Energy had a net margin of 14.31% and a return on equity of 9.34%. The firm's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.94 EPS. As a group, analysts forecast that Duke Energy Co. will post 5.94 earnings per share for the current fiscal year.

Duke Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 14th will be paid a $1.045 dividend. The ex-dividend date is Friday, February 14th. This represents a $4.18 dividend on an annualized basis and a yield of 3.82%. Duke Energy's payout ratio is 76.84%.

Analyst Upgrades and Downgrades

DUK has been the topic of several research reports. KeyCorp downgraded shares of Duke Energy from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, October 22nd. Scotiabank upped their target price on shares of Duke Energy from $113.00 to $120.00 and gave the stock a "sector perform" rating in a research report on Thursday, December 12th. Morgan Stanley lowered their price target on shares of Duke Energy from $122.00 to $118.00 and set an "equal weight" rating for the company in a report on Friday, November 22nd. Barclays increased their price objective on Duke Energy from $102.00 to $118.00 and gave the company an "overweight" rating in a research report on Tuesday, October 1st. Finally, Jefferies Financial Group assumed coverage on Duke Energy in a research report on Thursday, September 19th. They set a "buy" rating and a $138.00 target price for the company. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $122.23.

About Duke Energy

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.