Duke Energy Co. (NYSE:DUK) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC cut its position in shares of Duke Energy Co. (NYSE:DUK - Free Report) by 8.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 917,919 shares of the utilities provider's stock after selling 85,038 shares during the quarter. Voya Investment Management LLC owned 0.12% of Duke Energy worth $98,897,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of DUK. ExodusPoint Capital Management LP acquired a new stake in shares of Duke Energy in the fourth quarter valued at approximately $163,819,000. Assenagon Asset Management S.A. boosted its stake in shares of Duke Energy by 155.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,873,321 shares of the utilities provider's stock worth $201,832,000 after purchasing an additional 1,138,979 shares during the last quarter. Capital Wealth Planning LLC lifted its stake in shares of Duke Energy by 116.5% during the fourth quarter. Capital Wealth Planning LLC now owns 2,065,344 shares of the utilities provider's stock valued at $222,520,000 after buying an additional 1,111,581 shares during the period. Vanguard Group Inc. raised its holdings in Duke Energy by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 72,885,939 shares of the utilities provider's stock valued at $7,852,731,000 after acquiring an additional 779,054 shares during the last quarter. Finally, Amundi grew its position in shares of Duke Energy by 29.2% in the fourth quarter. Amundi now owns 2,488,849 shares of the utilities provider's stock valued at $269,368,000 after purchasing an additional 561,784 shares during the period. Institutional investors and hedge funds own 65.31% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DUK. Morgan Stanley boosted 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 note on Thursday, March 20th. BMO Capital Markets lowered their target price on Duke Energy from $128.00 to $123.00 and set an "outperform" rating for the company in a research note on Thursday, April 10th. UBS Group boosted their price target on Duke Energy from $123.00 to $127.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. JPMorgan Chase & Co. increased their price objective on shares of Duke Energy from $114.00 to $121.00 and gave the company a "neutral" rating in a research report on Tuesday, March 11th. Finally, Guggenheim boosted their target price 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. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Duke Energy currently has a consensus rating of "Moderate Buy" and an average target price of $123.87.

Duke Energy Stock Performance

DUK traded up $0.81 during trading on Monday, reaching $120.66. 2,119,645 shares of the company were exchanged, compared to its average volume of 3,389,867. The firm has a 50 day moving average of $118.37 and a 200 day moving average of $114.38. The stock has a market cap of $93.76 billion, a P/E ratio of 21.13, a PEG ratio of 2.79 and a beta of 0.39. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of 1.52. Duke Energy Co. has a 52 week low of $97.49 and a 52 week high of $125.27.

Duke Energy (NYSE:DUK - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The utilities provider reported $1.66 EPS for the quarter, beating 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, sell-side analysts forecast that Duke Energy Co. will post 6.33 EPS for the current fiscal year.

Duke Energy 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.