Commonwealth Equity Services Inc increased its holdings in Duke Energy Corp (NYSE:DUK) by 1.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 364,268 shares of the utilities provider’s stock after buying an additional 4,286 shares during the period. Commonwealth Equity Services Inc owned 0.05% of Duke Energy worth $30,569,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DUK. Winfield Associates Inc. boosted its holdings in Duke Energy by 14.3% in the 2nd quarter. Winfield Associates Inc. now owns 1,322 shares of the utilities provider’s stock valued at $111,000 after purchasing an additional 165 shares during the period. Nelson Roberts Investment Advisors LLC bought a new position in Duke Energy in the 3rd quarter valued at $112,000. Daiwa SB Investments Ltd. bought a new stake in shares of Duke Energy during the 2nd quarter worth $130,000. AllSquare Wealth Management LLC bought a new stake in shares of Duke Energy during the 3rd quarter worth $155,000. Finally, Camarda Financial Advisors LLC lifted its holdings in shares of Duke Energy by 357.1% during the 2nd quarter. Camarda Financial Advisors LLC now owns 2,130 shares of the utilities provider’s stock worth $178,000 after acquiring an additional 1,664 shares during the last quarter. 57.34% of the stock is owned by institutional investors.

Duke Energy Corp (NYSE:DUK) remained flat at $$87.56 during trading hours on Friday. The stock had a trading volume of 2,437,700 shares, compared to its average volume of 2,595,791. Duke Energy Corp has a 1-year low of $74.95 and a 1-year high of $91.80. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.71 and a quick ratio of 0.41. The firm has a market cap of $61,289.86, a P/E ratio of 19.68, a price-to-earnings-growth ratio of 4.79 and a beta of 0.26.

Duke Energy (NYSE:DUK) last issued its earnings results on Friday, November 3rd. The utilities provider reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.03. Duke Energy had a net margin of 9.09% and a return on equity of 7.54%. The firm had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the prior year, the firm posted $1.68 earnings per share. The business’s revenue was down 1.4% on a year-over-year basis. analysts expect that Duke Energy Corp will post 4.56 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Friday, November 17th will be issued a dividend of $0.89 per share. The ex-dividend date is Thursday, November 16th. This represents a $3.56 annualized dividend and a dividend yield of 4.07%. Duke Energy’s payout ratio is 117.49%.

In other news, EVP Lloyd M. Yates sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $89.95, for a total transaction of $449,750.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.07% of the stock is owned by insiders.

DUK has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Duke Energy from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. SunTrust Banks reiterated a “hold” rating and issued a $87.00 target price on shares of Duke Energy in a research report on Wednesday, October 4th. J P Morgan Chase & Co lifted their target price on shares of Duke Energy from $83.00 to $89.00 and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Morgan Stanley lifted their target price on shares of Duke Energy from $89.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Friday, September 8th. Finally, BidaskClub upgraded shares of Duke Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company. Duke Energy presently has a consensus rating of “Hold” and an average price target of $87.21.

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Duke Energy Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.

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

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