Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $157.57 Million Holdings in Duke Energy Co. (NYSE:DUK)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its stake in shares of Duke Energy Co. (NYSE:DUK - Free Report) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,462,469 shares of the utilities provider's stock after selling 5,782 shares during the period. Duke Energy accounts for 1.0% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings, making the stock its 16th largest position. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.19% of Duke Energy worth $157,566,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Parkworth Wealth Management Inc. acquired a new position in shares of Duke Energy in the fourth quarter valued at about $28,000. Legacy Investment Solutions LLC acquired a new position in shares of Duke Energy during the 3rd quarter worth approximately $29,000. Sierra Ocean LLC bought a new position in shares of Duke Energy during the fourth quarter worth approximately $31,000. Rakuten Securities Inc. raised its position in shares of Duke Energy by 1,500.0% in the fourth quarter. Rakuten Securities Inc. now owns 288 shares of the utilities provider's stock valued at $31,000 after buying an additional 270 shares in the last quarter. Finally, CGC Financial Services LLC grew its position in Duke Energy by 366.7% during the fourth quarter. CGC Financial Services LLC now owns 308 shares of the utilities provider's stock worth $33,000 after buying an additional 242 shares in the last quarter. Institutional investors own 65.31% of the company's stock.

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Wall Street Analyst Weigh In

DUK has been the subject of several analyst reports. JPMorgan Chase & Co. lifted their price objective on Duke Energy from $114.00 to $121.00 and gave the company a "neutral" rating in a report on Tuesday, March 11th. Morgan Stanley upped their price objective on shares of Duke Energy from $123.00 to $128.00 and gave the stock an "equal weight" rating in a research report on Thursday. BMO Capital Markets boosted their target price on shares of Duke Energy from $123.00 to $128.00 and gave the company an "outperform" rating in a research report on Tuesday, March 11th. UBS Group increased their price target on shares of Duke Energy from $123.00 to $127.00 and gave the stock a "neutral" rating in a research report on Friday. Finally, Jefferies Financial Group upped their target price on Duke Energy from $129.00 to $132.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $123.87.

Duke Energy Trading Down 0.8 %

Shares of DUK stock traded down $0.98 during mid-day trading on Monday, reaching $118.12. 3,904,744 shares of the stock traded hands, compared to its average volume of 3,002,480. The company has a market cap of $91.78 billion, a price-to-earnings ratio of 20.69, a price-to-earnings-growth ratio of 2.79 and a beta of 0.48. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of 1.52. The stock's fifty day simple moving average is $114.39 and its two-hundred day simple moving average is $113.66. Duke Energy Co. has a 1-year low of $92.75 and a 1-year high of $121.47.

Duke Energy (NYSE:DUK - Get Free Report) last posted its earnings results on Thursday, February 13th. The utilities provider reported $1.66 earnings per share 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%. On average, research analysts anticipate that Duke Energy Co. will post 6.33 EPS for the current fiscal year.

Duke Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Friday, February 14th were given a dividend of $1.045 per share. This represents a $4.18 annualized dividend and a yield of 3.54%. The ex-dividend date was Friday, February 14th. Duke Energy's dividend payout ratio is currently 73.20%.

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.