Andrew Hill Investment Advisors Inc. Lowers Holdings in Duke Energy Co. (NYSE:DUK)

Andrew Hill Investment Advisors Inc. trimmed its holdings in shares of Duke Energy Co. (NYSE:DUK - Free Report) by 74.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,610 shares of the utilities provider's stock after selling 24,577 shares during the quarter. Andrew Hill Investment Advisors Inc.'s holdings in Duke Energy were worth $928,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in DUK. Bcwm LLC purchased a new stake in shares of Duke Energy in the fourth quarter valued at approximately $9,815,000. Bailard Inc. lifted its stake in Duke Energy by 10.9% in the fourth quarter. Bailard Inc. now owns 31,921 shares of the utilities provider's stock worth $3,439,000 after acquiring an additional 3,139 shares during the period. KMG Fiduciary Partners LLC grew its holdings in Duke Energy by 5.5% during the 4th quarter. KMG Fiduciary Partners LLC now owns 52,097 shares of the utilities provider's stock worth $5,613,000 after acquiring an additional 2,705 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Duke Energy by 25.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 35,755 shares of the utilities provider's stock valued at $3,852,000 after purchasing an additional 7,319 shares in the last quarter. Finally, First Business Financial Services Inc. bought a new position in shares of Duke Energy during the fourth quarter valued at approximately $384,000. Hedge funds and other institutional investors own 65.31% of the company's stock.

Duke Energy Trading Up 1.3 %

Shares of DUK stock traded up $1.54 on Monday, hitting $120.48. 3,225,949 shares of the stock traded hands, compared to its average volume of 3,373,338. Duke Energy Co. has a twelve month low of $92.75 and a twelve month high of $125.27. The stock has a market capitalization of $93.62 billion, a PE ratio of 21.10, a PEG ratio of 2.79 and a beta of 0.39. The firm's 50-day moving average price is $116.98 and its two-hundred day moving average price is $113.89. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.44 and a current ratio of 0.67.

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Duke Energy (NYSE:DUK - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The utilities provider reported $1.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.61 by $0.05. Duke Energy had a net margin of 14.90% and a return on equity of 9.50%. As a group, analysts anticipate that Duke Energy Co. will post 6.33 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DUK. JPMorgan Chase & Co. lifted their price objective on shares of Duke Energy from $114.00 to $121.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 11th. Barclays upped their target price on Duke Energy from $111.00 to $123.00 and gave the company an "overweight" rating in a research report on Tuesday, April 8th. UBS Group lifted their target price on Duke Energy from $123.00 to $127.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. Guggenheim lifted their price objective on shares of Duke Energy from $132.00 to $135.00 and gave the company a "buy" rating in a research note on Wednesday, March 5th. Finally, Morgan Stanley increased their price target on Duke Energy from $123.00 to $128.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Duke Energy has an average rating of "Moderate Buy" and a consensus target price of $123.87.

Duke Energy Profile

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.