WINTON GROUP Ltd lifted its stake in shares of Duke Energy Corp (NYSE:DUK) by 215.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,554 shares of the utilities provider’s stock after purchasing an additional 7,893 shares during the period. WINTON GROUP Ltd’s holdings in Duke Energy were worth $966,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Winfield Associates Inc. lifted its holdings in shares of Duke Energy by 14.3% in the 2nd quarter. Winfield Associates Inc. now owns 1,322 shares of the utilities provider’s stock worth $111,000 after acquiring an additional 165 shares during the last quarter. Daiwa SB Investments Ltd. acquired a new position in shares of Duke Energy in the 2nd quarter worth approximately $130,000. Jacobi Capital Management LLC lifted its holdings in shares of Duke Energy by 104.1% in the 1st quarter. Jacobi Capital Management LLC now owns 1,980 shares of the utilities provider’s stock worth $164,000 after acquiring an additional 1,010 shares during the last quarter. Camarda Financial Advisors LLC lifted its holdings in shares of Duke Energy by 357.1% in 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. Finally, Westwood Holdings Group Inc. acquired a new position in shares of Duke Energy in the 2nd quarter worth approximately $181,000. 57.34% of the stock is owned by institutional investors.
Duke Energy Corp (DUK) traded down $0.41 during mid-day trading on Thursday, hitting $87.90. 2,345,992 shares of the stock traded hands, compared to its average volume of 2,591,004. Duke Energy Corp has a one year low of $73.50 and a one year high of $91.80. The firm has a market cap of $61,530.00, a PE ratio of 19.77, a PEG ratio of 4.81 and a beta of 0.26. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.71 and a quick ratio of 0.41.
Duke Energy (NYSE:DUK) last released its earnings results on Friday, November 3rd. The utilities provider reported $1.59 EPS for the quarter, topping the Thomson Reuters’ 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 company had revenue of $6.48 billion during the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter last year, the business earned $1.68 EPS. The business’s revenue was down 1.4% on a year-over-year basis. equities research analysts forecast that Duke Energy Corp will post 4.56 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Friday, November 17th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 4.05%. The ex-dividend date is Thursday, November 16th. Duke Energy’s dividend payout ratio (DPR) is 93.44%.
A number of equities research analysts have issued reports on DUK shares. Zacks Investment Research lowered shares of Duke Energy from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Bank of America reiterated a “neutral” rating and set a $92.00 target price on shares of Duke Energy in a report on Tuesday, October 24th. KeyCorp reaffirmed a “hold” rating on shares of Duke Energy in a research report on Friday, September 1st. Citigroup increased their target price on shares of Duke Energy from $74.00 to $77.00 and gave the company a “sell” rating in a research report on Tuesday, October 17th. Finally, Morgan Stanley increased their target price on shares of Duke Energy from $89.00 to $92.00 and gave the company an “equal weight” rating in a research report on Friday, September 8th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $86.90.
In related news, EVP Lloyd M. Yates sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $89.95, for a total value of $449,750.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.07% of the stock is owned by company insiders.
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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