Elevated Capital Advisors LLC acquired a new position in Duke Energy Corp (NYSE:DUK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,835 shares of the utilities provider’s stock, valued at approximately $350,000.

Several other institutional investors have also bought and sold shares of DUK. Savior LLC acquired a new stake in shares of Duke Energy in the 4th quarter worth $27,000. Clear Harbor Asset Management LLC purchased a new position in Duke Energy in the 4th quarter worth $27,000. Peddock Capital Advisors LLC purchased a new position in Duke Energy in the 4th quarter worth $30,000. Pacifica Partners Inc. purchased a new position in Duke Energy in the 4th quarter worth $30,000. Finally, John W. Brooker & Co. CPAs purchased a new position in Duke Energy in the 4th quarter worth $32,000. 60.14% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently issued reports on DUK shares. Barclays upgraded Duke Energy from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, November 27th. Morgan Stanley raised their target price on Duke Energy from $99.00 to $103.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. UBS Group restated a “buy” rating and issued a $105.00 target price on shares of Duke Energy in a research note on Thursday, January 2nd. Zacks Investment Research lowered Duke Energy from a “hold” rating to a “sell” rating and set a $99.00 target price for the company. in a research note on Tuesday, January 21st. Finally, Mizuho started coverage on Duke Energy in a research note on Friday, November 22nd. They issued a “neutral” rating and a $90.00 target price for the company. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company’s stock. Duke Energy presently has an average rating of “Hold” and a consensus price target of $97.42.

NYSE DUK opened at $100.11 on Friday. The stock has a 50-day simple moving average of $93.73 and a two-hundred day simple moving average of $92.26. The firm has a market capitalization of $70.15 billion, a P/E ratio of 20.73, a PEG ratio of 3.84 and a beta of 0.07. Duke Energy Corp has a fifty-two week low of $84.28 and a fifty-two week high of $100.39. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.49 and a current ratio of 0.72.

Duke Energy (NYSE:DUK) last released its quarterly earnings data on Thursday, February 13th. The utilities provider reported $0.91 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.04. The business had revenue of $6.10 billion during the quarter, compared to analyst estimates of $6.54 billion. Duke Energy had a return on equity of 8.24% and a net margin of 14.10%. The company’s revenue was down .2% on a year-over-year basis. During the same quarter last year, the business posted $0.84 EPS. As a group, analysts forecast that Duke Energy Corp will post 5.03 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.945 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $3.78 dividend on an annualized basis and a dividend yield of 3.78%. Duke Energy’s payout ratio is currently 80.08%.

Duke Energy Profile

Duke Energy Corp. engages in distribution of natural gas and energy related services. It operates through the following segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment conducts operations primarily through the regulated public utilities of Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio.

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

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