Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of Duke Energy Co. (NYSE:DUK - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 15,521 shares of the utilities provider's stock, valued at approximately $1,672,000.
A number of other hedge funds also recently bought and sold shares of DUK. Legacy Investment Solutions LLC bought a new position in shares of Duke Energy in the 3rd quarter worth $29,000. Sierra Ocean LLC bought a new position in Duke Energy in the fourth quarter worth about $31,000. CGC Financial Services LLC lifted its position in shares of Duke Energy by 366.7% during the fourth quarter. CGC Financial Services LLC now owns 308 shares of the utilities provider's stock valued at $33,000 after buying an additional 242 shares during the last quarter. Winch Advisory Services LLC boosted its holdings in shares of Duke Energy by 332.9% in the 4th quarter. Winch Advisory Services LLC now owns 316 shares of the utilities provider's stock valued at $34,000 after buying an additional 243 shares in the last quarter. Finally, Centricity Wealth Management LLC purchased a new position in shares of Duke Energy in the 4th quarter worth approximately $36,000. Hedge funds and other institutional investors own 65.31% of the company's stock.
Duke Energy Stock Performance
Shares of NYSE DUK opened at $116.78 on Friday. The company has a market capitalization of $90.68 billion, a PE ratio of 20.45, a price-to-earnings-growth ratio of 2.79 and a beta of 0.48. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.44 and a current ratio of 0.67. The company's fifty day moving average price is $111.81 and its 200 day moving average price is $113.25. Duke Energy Co. has a 1 year low of $92.75 and a 1 year high of $121.25.
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 (EPS) for the quarter, topping the consensus estimate 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 predict that Duke Energy Co. will post 6.33 earnings per share for the current year.
Duke Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 14th will be given a $1.045 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $4.18 annualized dividend and a dividend yield of 3.58%. Duke Energy's dividend payout ratio (DPR) is presently 73.20%.
Analyst Upgrades and Downgrades
DUK has been the topic of a number of recent analyst reports. Scotiabank upped their price target on Duke Energy from $113.00 to $120.00 and gave the stock a "sector perform" rating in a research report on Thursday, December 12th. Guggenheim upped their target price on Duke Energy from $132.00 to $135.00 and gave the company a "buy" rating in a research report on Wednesday. BMO Capital Markets raised their price target on Duke Energy from $119.00 to $124.00 and gave the stock an "outperform" rating in a report on Monday, February 3rd. Morgan Stanley cut their price objective on shares of Duke Energy from $122.00 to $118.00 and set an "equal weight" rating on the stock in a report on Friday, November 22nd. Finally, Jefferies Financial Group lifted their target price on shares of Duke Energy from $129.00 to $132.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Duke Energy currently has a consensus rating of "Moderate Buy" and an average target price of $122.57.
Read Our Latest Stock Analysis on Duke Energy
Duke Energy Profile
(
Free Report)
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.
Further Reading
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