BLB&B Advisors LLC cut its holdings in Duke Energy Corp (NYSE:DUK) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,376 shares of the utilities provider’s stock after selling 1,071 shares during the period. BLB&B Advisors LLC’s holdings in Duke Energy were worth $4,405,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Nelson Roberts Investment Advisors LLC bought a new position in Duke Energy during the third quarter valued at about $112,000. Wealthcare Advisory Partners LLC acquired a new stake in Duke Energy during the third quarter valued at approximately $131,000. Acropolis Investment Management LLC acquired a new stake in Duke Energy during the fourth quarter valued at approximately $131,000. AllSquare Wealth Management LLC acquired a new stake in Duke Energy during the third quarter valued at approximately $155,000. Finally, Westwood Holdings Group Inc. acquired a new stake in Duke Energy during the second quarter valued at approximately $181,000. Institutional investors and hedge funds own 57.26% of the company’s stock.

In other Duke Energy news, EVP Lloyd M. Yates sold 5,000 shares of the company’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $89.95, for a total transaction of $449,750.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.07% of the stock is currently owned by corporate insiders.

Shares of Duke Energy Corp (DUK) traded down $0.32 on Tuesday, hitting $78.58. The stock had a trading volume of 1,568,843 shares, compared to its average volume of 3,225,344. The firm has a market cap of $55,060.00, a P/E ratio of 20.62, a P/E/G ratio of 4.08 and a beta of 0.26. The company has a quick ratio of 0.41, a current ratio of 0.71 and a debt-to-equity ratio of 1.17. Duke Energy Corp has a fifty-two week low of $76.28 and a fifty-two week high of $91.80.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Friday, February 16th will be issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 4.53%. The ex-dividend date is Thursday, February 15th. Duke Energy’s dividend payout ratio is 93.44%.

A number of equities research analysts have weighed in on DUK shares. Zacks Investment Research downgraded Duke Energy from a “buy” rating to a “sell” rating in a report on Tuesday, September 19th. SunTrust Banks reaffirmed a “hold” rating and set a $87.00 price objective on shares of Duke Energy in a report on Wednesday, October 4th. JPMorgan Chase & Co. lifted their price objective on Duke Energy from $83.00 to $89.00 and gave the company a “neutral” rating in a report on Thursday, October 12th. Citigroup lifted their price objective on Duke Energy from $74.00 to $77.00 and gave the company a “sell” rating in a report on Tuesday, October 17th. Finally, Bank of America reaffirmed a “neutral” rating and set a $92.00 price objective on shares of Duke Energy in a report on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company. Duke Energy presently has a consensus rating of “Hold” and an average target price of $87.48.

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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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