TD Waterhouse Canada Inc. increased its stake in shares of Duke Energy Co. (NYSE:DUK - Free Report) by 13.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 24,942 shares of the utilities provider's stock after purchasing an additional 2,935 shares during the period. TD Waterhouse Canada Inc.'s holdings in Duke Energy were worth $2,687,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DUK. Wilmington Savings Fund Society FSB raised its holdings in shares of Duke Energy by 0.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 31,353 shares of the utilities provider's stock valued at $3,378,000 after buying an additional 93 shares during the period. Pallas Capital Advisors LLC increased its stake 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 purchasing an additional 95 shares during the period. Intergy Private Wealth LLC boosted its stake in shares of Duke Energy by 4.8% in the fourth quarter. Intergy Private Wealth LLC now owns 2,113 shares of the utilities provider's stock valued at $228,000 after purchasing an additional 96 shares during the period. V Square Quantitative Management LLC increased its stake in Duke Energy by 1.3% during the 4th quarter. V Square Quantitative Management LLC now owns 7,233 shares of the utilities provider's stock worth $779,000 after buying an additional 96 shares during the period. Finally, Cravens & Co Advisors LLC lifted its holdings in 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 buying an additional 98 shares in the last quarter. Hedge funds and other institutional investors own 65.31% of the company's stock.
Duke Energy Price Performance
Shares of NYSE DUK opened at $121.46 on Thursday. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of 1.52. The stock has a market cap of $94.38 billion, a P/E ratio of 21.27, a P/E/G ratio of 2.79 and a beta of 0.39. The stock has a 50 day moving average of $118.01 and a two-hundred day moving average of $114.22. 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 posted its quarterly earnings data on Thursday, February 13th. The utilities provider reported $1.66 EPS for the quarter, beating 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 forecast that Duke Energy Co. will post 6.33 earnings per share for the current year.
Wall Street Analyst Weigh In
DUK has been the topic of several analyst reports. Barclays increased their price objective on Duke Energy from $111.00 to $123.00 and gave the company an "overweight" rating in a research note on Tuesday, April 8th. BMO Capital Markets reduced their price target on Duke Energy from $128.00 to $123.00 and set an "outperform" rating on the stock in a research report on Thursday, April 10th. Guggenheim boosted their price objective on Duke Energy from $132.00 to $135.00 and gave the stock a "buy" rating in a research report on Wednesday, March 5th. JPMorgan Chase & Co. raised their target price on shares of Duke Energy from $114.00 to $121.00 and gave the company a "neutral" rating in a report on Tuesday, March 11th. Finally, Morgan Stanley increased their price objective on shares of Duke Energy from $123.00 to $128.00 and gave the company an "equal weight" rating in a research report on Thursday, March 20th. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $123.87.
View Our Latest Report on Duke Energy
About Duke Energy
(
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.
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