Parsec Financial Management Inc. increased its position in shares of Duke Energy Corp. (NYSE:DUK) by 4.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,025 shares of the company’s stock after buying an additional 6,352 shares during the period. Parsec Financial Management Inc.’s holdings in Duke Energy Corp. were worth $12,613,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Jolley Asset Management LLC increased its stake in Duke Energy Corp. by 9.1% in the second quarter. Jolley Asset Management LLC now owns 1,186 shares of the company’s stock worth $102,000 after buying an additional 99 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in Duke Energy Corp. by 8.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,250 shares of the company’s stock worth $107,000 after buying an additional 100 shares during the last quarter. Carnick & Kubik LLC bought a new stake in Duke Energy Corp. during the first quarter worth $113,000. Mercer Capital Advisers Inc. increased its stake in Duke Energy Corp. by 394.2% in the second quarter. Mercer Capital Advisers Inc. now owns 1,705 shares of the company’s stock worth $146,000 after buying an additional 1,360 shares during the last quarter. Finally, Parasol Investment Management LLC increased its stake in Duke Energy Corp. by 2.8% in the second quarter. Parasol Investment Management LLC now owns 1,815 shares of the company’s stock worth $156,000 after buying an additional 50 shares during the last quarter. Institutional investors own 56.56% of the company’s stock.

Institutional Ownership by Quarter for Duke Energy Corp. (NYSE:DUK)

Shares of Duke Energy Corp. (NYSE:DUK) traded down 0.93% during mid-day trading on Tuesday, reaching $76.34. 1,969,175 shares of the company’s stock were exchanged. The firm has a market capitalization of $52.59 billion, a P/E ratio of 20.18 and a beta of 0.13. The stock has a 50-day moving average of $79.95 and a 200 day moving average of $81.17. Duke Energy Corp. has a one year low of $65.50 and a one year high of $87.75.

Duke Energy Corp. (NYSE:DUK) last issued its quarterly earnings results on Thursday, August 4th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.06. Duke Energy Corp. had a net margin of 11.39% and a return on equity of 7.85%. The business had revenue of $5.10 billion for the quarter, compared to analysts’ expectations of $5.71 billion. During the same period last year, the business earned $0.95 earnings per share. On average, analysts forecast that Duke Energy Corp. will post $4.59 EPS for the current fiscal year.

Several research firms recently commented on DUK. Zacks Investment Research upgraded shares of Duke Energy Corp. from a “hold” rating to a “buy” rating and set a $96.00 target price on the stock in a research report on Tuesday, July 12th. Argus reiterated a “hold” rating on shares of Duke Energy Corp. in a research report on Wednesday, September 14th. SunTrust Banks Inc. lifted their target price on shares of Duke Energy Corp. from $82.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, September 26th. Mizuho lifted their target price on shares of Duke Energy Corp. from $75.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, August 4th. Finally, Citigroup Inc. lifted their target price on shares of Duke Energy Corp. from $72.00 to $82.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 20th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and one has given a buy rating to the stock. Duke Energy Corp. has an average rating of “Hold” and a consensus price target of $80.23.

In other Duke Energy Corp. news, EVP Douglas F. Esamann sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 9th. The shares were sold at an average price of $84.58, for a total transaction of $253,740.00. Following the transaction, the executive vice president now directly owns 50,609 shares in the company, valued at $4,280,509.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.08% of the company’s stock.

Duke Energy Corp. Company Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company’s segments include Regulated Utilities, International Energy and Commercial Portfolio. Duke Energy’s subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke Energy Ohio, Inc (Duke Energy Ohio), and Duke Energy Indiana, Inc (Duke Energy Indiana).

5 Day Chart for NYSE:DUK

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