Chilton Investment Co. LLC acquired a new stake in shares of Duke Energy Corp (NYSE:DUK) during the fourth quarter, Holdings Channel reports. The firm acquired 4,000 shares of the utilities provider’s stock, valued at approximately $336,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pinebridge Investments L.P. acquired a new stake in Duke Energy during the second quarter valued at approximately $500,000. Trust Co. of Virginia VA boosted its holdings in shares of Duke Energy by 11.5% in the 2nd quarter. Trust Co. of Virginia VA now owns 13,500 shares of the utilities provider’s stock worth $1,129,000 after acquiring an additional 1,392 shares in the last quarter. BB&T Investment Services Inc. boosted its holdings in shares of Duke Energy by 12.8% in the 3rd quarter. BB&T Investment Services Inc. now owns 16,991 shares of the utilities provider’s stock worth $1,424,000 after acquiring an additional 1,923 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Duke Energy by 26.4% in the 3rd quarter. Sei Investments Co. now owns 152,409 shares of the utilities provider’s stock worth $12,790,000 after acquiring an additional 31,789 shares in the last quarter. Finally, Iberiabank Corp boosted its holdings in shares of Duke Energy by 3.6% in the 3rd quarter. Iberiabank Corp now owns 65,328 shares of the utilities provider’s stock worth $5,487,000 after acquiring an additional 2,297 shares in the last quarter. 57.24% of the stock is currently owned by institutional investors.

Duke Energy Corp (NYSE:DUK) opened at $76.10 on Friday. 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 1 year low of $72.93 and a 1 year high of $91.80. The firm has a market cap of $53,270.00, a P/E ratio of 19.97, a P/E/G ratio of 3.86 and a beta of 0.12.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Friday, February 16th will be given a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 4.68%. The ex-dividend date of this dividend is Thursday, February 15th. Duke Energy’s dividend payout ratio (DPR) is presently 93.44%.

In related 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 value of $449,750.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.07% of the company’s stock.

Several brokerages have recently commented on DUK. Zacks Investment Research raised Duke Energy from a “sell” rating to a “hold” rating in a report on Monday, October 30th. SunTrust Banks set a $82.00 target price on Duke Energy and gave the stock a “hold” rating in a report on Wednesday, January 3rd. Bank of America reissued a “neutral” rating and issued a $92.00 target price on shares of Duke Energy in a report on Tuesday, October 24th. Wolfe Research raised Duke Energy from an “underperform” rating to a “market perform” rating in a report on Thursday, November 9th. Finally, ValuEngine raised Duke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $87.98.

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About Duke Energy

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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