Banque Cantonale Vaudoise Purchases 21,635 Shares of Duke Energy Co. (NYSE:DUK)

Banque Cantonale Vaudoise raised its holdings in Duke Energy Co. (NYSE:DUK - Free Report) by 57.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 59,105 shares of the utilities provider's stock after purchasing an additional 21,635 shares during the quarter. Banque Cantonale Vaudoise's holdings in Duke Energy were worth $6,815,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Janus Henderson Group PLC increased its position in Duke Energy by 9.4% in the 1st quarter. Janus Henderson Group PLC now owns 108,819 shares of the utilities provider's stock valued at $10,520,000 after acquiring an additional 9,334 shares in the last quarter. Goodman Advisory Group LLC bought a new position in Duke Energy in the 2nd quarter worth approximately $2,888,000. PrairieView Partners LLC acquired a new position in Duke Energy during the 2nd quarter worth $501,000. Marshall Financial Group LLC raised its position in shares of Duke Energy by 158.9% during the third quarter. Marshall Financial Group LLC now owns 8,483 shares of the utilities provider's stock worth $978,000 after acquiring an additional 5,206 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Duke Energy by 1.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,203,916 shares of the utilities provider's stock valued at $116,431,000 after acquiring an additional 16,735 shares during the period. Institutional investors and hedge funds own 65.31% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on DUK. BMO Capital Markets boosted their price objective on Duke Energy from $120.00 to $126.00 and gave the stock an "outperform" rating in a report on Wednesday, September 18th. JPMorgan Chase & Co. increased their price objective on shares of Duke Energy from $111.00 to $120.00 and gave the company a "neutral" rating in a report on Monday, August 12th. Scotiabank lifted their target price on shares of Duke Energy from $104.00 to $113.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 20th. Morgan Stanley raised their price target on Duke Energy from $114.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Wednesday, September 25th. Finally, Mizuho upgraded Duke Energy from a "neutral" rating to an "outperform" rating and upped their price objective for the company from $116.00 to $121.00 in a report on Tuesday, October 15th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $121.85.

Duke Energy Stock Up 0.0 %

Shares of Duke Energy stock traded up $0.05 during trading on Tuesday, reaching $113.59. The stock had a trading volume of 3,862,020 shares, compared to its average volume of 3,074,830. The company has a current ratio of 0.70, a quick ratio of 0.45 and a debt-to-equity ratio of 1.55. The company has a market capitalization of $87.75 billion, a price-to-earnings ratio of 20.71, a P/E/G ratio of 2.96 and a beta of 0.47. Duke Energy Co. has a 52 week low of $88.27 and a 52 week high of $121.25. The stock has a fifty day moving average price of $115.33 and a two-hundred day moving average price of $109.43.

Duke Energy (NYSE:DUK - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The utilities provider reported $1.62 earnings per share for the quarter, missing the consensus estimate of $1.73 by ($0.11). Duke Energy had a return on equity of 9.34% and a net margin of 14.31%. The business had revenue of $8.16 billion for the quarter, compared to the consensus estimate of $8.06 billion. During the same period in the prior year, the business earned $1.94 earnings per share. Duke Energy's revenue was up 2.1% compared to the same quarter last year. Sell-side analysts predict that Duke Energy Co. will post 5.97 EPS for the current fiscal year.

Duke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 15th will be given a dividend of $1.045 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.18 annualized dividend and a yield of 3.68%. Duke Energy's dividend payout ratio (DPR) is presently 76.84%.

Duke Energy Company 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.