Swiss National Bank Has $264.11 Million Stock Position in Duke Energy Co. (NYSE:DUK)

Swiss National Bank lifted its holdings in Duke Energy Co. (NYSE:DUK - Free Report) by 0.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,290,641 shares of the utilities provider's stock after acquiring an additional 6,500 shares during the quarter. Swiss National Bank owned approximately 0.30% of Duke Energy worth $264,111,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DUK. Capital Research Global Investors increased its stake in shares of Duke Energy by 3.2% in the first quarter. Capital Research Global Investors now owns 11,493,340 shares of the utilities provider's stock valued at $1,111,521,000 after buying an additional 352,320 shares in the last quarter. Pathway Financial Advisers LLC grew its holdings in Duke Energy by 11,471.4% during the 3rd quarter. Pathway Financial Advisers LLC now owns 6,777,973 shares of the utilities provider's stock worth $781,500,000 after acquiring an additional 6,719,398 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Duke Energy by 1.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,471,035 shares of the utilities provider's stock valued at $247,672,000 after acquiring an additional 40,243 shares in the last quarter. Mackenzie Financial Corp raised its stake in shares of Duke Energy by 65.7% in the second quarter. Mackenzie Financial Corp now owns 2,052,969 shares of the utilities provider's stock worth $205,769,000 after acquiring an additional 813,744 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Duke Energy by 15.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,816,758 shares of the utilities provider's stock valued at $182,101,000 after purchasing an additional 240,136 shares during the last quarter. 65.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DUK has been the topic of several research reports. The Goldman Sachs Group upped their price objective on Duke Energy from $102.00 to $113.00 and gave the stock a "neutral" rating in a report on Monday, August 12th. Bank of America raised their price target on Duke Energy from $116.00 to $118.00 and gave the company a "neutral" rating in a report on Thursday, August 29th. Scotiabank boosted their price objective on Duke Energy from $104.00 to $113.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 20th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $135.00 target price on shares of Duke Energy in a research note on Thursday, August 29th. Finally, Wells Fargo & Company boosted their price target on shares of Duke Energy from $110.00 to $122.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 7th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Duke Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of $121.85.

Duke Energy Trading Up 2.3 %

Shares of DUK stock traded up $2.51 on Friday, hitting $112.17. The stock had a trading volume of 3,868,001 shares, compared to its average volume of 3,153,396. The firm has a market cap of $86.65 billion, a P/E ratio of 20.62, a PEG ratio of 2.96 and a beta of 0.47. Duke Energy Co. has a twelve month low of $88.27 and a twelve month high of $121.25. 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 fifty day moving average price of $115.40 and a two-hundred day moving average price of $109.33.

Duke Energy (NYSE:DUK - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The utilities provider reported $1.62 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $8.06 billion. During the same quarter last year, the company earned $1.94 earnings per share. The firm's revenue was up 2.1% compared to the same quarter last year. As a group, analysts forecast that Duke Energy Co. will post 5.97 earnings per share for the current fiscal year.

Duke Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 15th will be given a dividend of $1.045 per share. This represents a $4.18 annualized dividend and a dividend yield of 3.73%. The ex-dividend date of this dividend is Friday, November 15th. Duke Energy's dividend payout ratio is 76.84%.

About Duke Energy

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.