Creative Planning increased its position in Duke Energy Corp. (NYSE:DUK) by 5.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 102,675 shares of the company’s stock after buying an additional 5,547 shares during the period. Creative Planning’s holdings in Duke Energy Corp. were worth $8,218,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jolley Asset Management LLC increased its position in shares of 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 position in shares of 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. Sunbelt Securities Inc. increased its position in shares of Duke Energy Corp. by 14.3% in the second quarter. Sunbelt Securities Inc. now owns 1,523 shares of the company’s stock worth $131,000 after buying an additional 190 shares during the last quarter. Mercer Capital Advisers Inc. increased its position in shares of 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, D Orazio & Associates Inc. increased its position in shares of Duke Energy Corp. by 0.8% in the second quarter. D Orazio & Associates Inc. now owns 1,740 shares of the company’s stock worth $149,000 after buying an additional 14 shares during the last quarter. Hedge funds and other institutional investors own 56.89% of the company’s stock.

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

Shares of Duke Energy Corp. (NYSE:DUK) traded up 1.10% during midday trading on Friday, hitting $74.35. The stock had a trading volume of 1,972,203 shares. The firm has a market capitalization of $51.22 billion, a PE ratio of 17.99 and a beta of 0.13. Duke Energy Corp. has a one year low of $65.50 and a one year high of $87.75. The firm’s 50-day moving average price is $76.87 and its 200-day moving average price is $80.57.

Duke Energy Corp. (NYSE:DUK) last issued its earnings results on Friday, November 4th. The company reported $1.68 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.58 by $0.10. Duke Energy Corp. had a return on equity of 8.20% and a net margin of 12.27%. The business earned $6.43 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same period in the prior year, the firm posted $1.47 EPS. Duke Energy Corp.’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, equities analysts predict that Duke Energy Corp. will post $4.67 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 16th. Stockholders of record on Friday, November 18th will be issued a $0.855 dividend. The ex-dividend date is Wednesday, November 16th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 4.60%. Duke Energy Corp.’s payout ratio is presently 82.61%.

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A number of research analysts recently commented on the company. Howard Weil upped their price objective on Duke Energy Corp. from $78.00 to $88.00 and gave the stock a “sector perform” rating in a research note on Monday, August 8th. SunTrust Banks Inc. lowered their price objective on Duke Energy Corp. from $83.00 to $81.00 and set a “neutral” rating for the company in a research note on Monday, August 29th. Zacks Investment Research upgraded Duke Energy Corp. from a “hold” rating to a “buy” rating and set a $88.00 price objective for the company in a research note on Thursday, September 15th. Scotiabank reiterated a “sector perform” rating and set a $83.00 price target (down previously from $88.00) on shares of Duke Energy Corp. in a research report on Monday, November 7th. Finally, Argus reiterated a “hold” rating on shares of Duke Energy Corp. in a research report on Wednesday, September 14th. Two investment analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the company’s stock. Duke Energy Corp. presently has an average rating of “Hold” and a consensus target price of $79.73.

In related news, EVP Frank H. Yoho bought 14,850 shares of the company’s stock in a transaction dated Friday, November 18th. The stock was acquired at an average cost of $74.00 per share, with a total value of $1,098,900.00. Following the acquisition, the executive vice president now owns 23,687 shares in the company, valued at approximately $1,752,838. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John H. Forsgren bought 1,000 shares of the company’s stock in a transaction dated Wednesday, November 9th. The stock was bought at an average cost of $77.80 per share, with a total value of $77,800.00. Following the completion of the acquisition, the director now owns 1,165 shares in the company, valued at approximately $90,637. The disclosure for this purchase can be found here. 0.08% of the stock is owned by insiders.

About Duke Energy Corp.

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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