Generation Capital Management LLC bought a new stake in shares of Duke Energy Co. (NYSE:DUK - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,785 shares of the utilities provider's stock, valued at approximately $300,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB boosted its stake in Duke Energy by 0.3% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 31,353 shares of the utilities provider's stock worth $3,378,000 after purchasing an additional 93 shares during the last quarter. Pallas Capital Advisors LLC boosted its position in Duke Energy by 2.8% during the fourth quarter. Pallas Capital Advisors LLC now owns 3,456 shares of the utilities provider's stock worth $372,000 after acquiring an additional 95 shares during the last quarter. Intergy Private Wealth LLC raised its holdings in Duke Energy by 4.8% in the 4th quarter. Intergy Private Wealth LLC now owns 2,113 shares of the utilities provider's stock valued at $228,000 after acquiring an additional 96 shares during the last quarter. V Square Quantitative Management LLC lifted its stake in Duke Energy by 1.3% in the 4th quarter. V Square Quantitative Management LLC now owns 7,233 shares of the utilities provider's stock worth $779,000 after purchasing an additional 96 shares in the last quarter. Finally, Cravens & Co Advisors LLC boosted its holdings in shares of Duke Energy by 3.9% during the 4th quarter. Cravens & Co Advisors LLC now owns 2,624 shares of the utilities provider's stock worth $283,000 after purchasing an additional 98 shares during the last quarter. Institutional investors own 65.31% of the company's stock.
Duke Energy Stock Down 1.4 %
Shares of NYSE DUK traded down $1.69 during midday trading on Wednesday, hitting $120.84. 1,617,076 shares of the company's stock were exchanged, compared to its average volume of 3,372,124. The firm's fifty day simple moving average is $117.81 and its 200-day simple moving average is $114.17. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.67 and a quick ratio of 0.44. The company has a market cap of $93.90 billion, a PE ratio of 21.16, a P/E/G ratio of 2.79 and a beta of 0.39. Duke Energy Co. has a twelve month low of $96.68 and a twelve month high of $125.27.
Duke Energy (NYSE:DUK - Get Free Report) last released 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 return on equity of 9.50% and a net margin of 14.90%. Research analysts predict that Duke Energy Co. will post 6.33 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research firms have weighed in on DUK. Barclays boosted their price objective on Duke Energy from $111.00 to $123.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 8th. Guggenheim raised their price objective on shares of Duke Energy from $132.00 to $135.00 and gave the stock a "buy" rating in a research report on Wednesday, March 5th. Morgan Stanley boosted their target price on shares of Duke Energy from $123.00 to $128.00 and gave the company an "equal weight" rating in a report on Thursday, March 20th. JPMorgan Chase & Co. raised their price target on shares of Duke Energy from $114.00 to $121.00 and gave the stock a "neutral" rating in a report on Tuesday, March 11th. Finally, BMO Capital Markets lowered their price objective on Duke Energy from $128.00 to $123.00 and set an "outperform" rating for the company in a research report on Thursday, April 10th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Duke Energy currently has an average rating of "Moderate Buy" and an average price target of $123.87.
View Our Latest Research Report on DUK
Duke Energy Company 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.
See Also
Before you consider Duke Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Duke Energy wasn't on the list.
While Duke Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
