Yousif Capital Management LLC Has $12.13 Million Stock Holdings in Duke Energy Co. (NYSE:DUK)

Yousif Capital Management LLC decreased its holdings in Duke Energy Co. (NYSE:DUK) by 3.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 124,975 shares of the utilities provider’s stock after selling 4,928 shares during the quarter. Yousif Capital Management LLC’s holdings in Duke Energy were worth $12,128,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of DUK. GAMMA Investing LLC bought a new position in Duke Energy in the 4th quarter valued at about $307,000. Parkside Financial Bank & Trust increased its holdings in Duke Energy by 23.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 5,339 shares of the utilities provider’s stock valued at $518,000 after buying an additional 1,012 shares during the period. Illinois Municipal Retirement Fund increased its holdings in Duke Energy by 27.2% in the 4th quarter. Illinois Municipal Retirement Fund now owns 224,828 shares of the utilities provider’s stock valued at $21,817,000 after buying an additional 48,132 shares during the period. Aspire Private Capital LLC increased its holdings in Duke Energy by 2.3% in the 4th quarter. Aspire Private Capital LLC now owns 25,227 shares of the utilities provider’s stock valued at $2,448,000 after buying an additional 560 shares during the period. Finally, Wedge Capital Management L L P NC bought a new position in Duke Energy in the 4th quarter valued at about $11,726,000. Institutional investors and hedge funds own 65.31% of the company’s stock.

Insider Buying and Selling at Duke Energy

In other Duke Energy news, EVP Louis E. Renjel sold 3,000 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $92.57, for a total transaction of $277,710.00. Following the sale, the executive vice president now directly owns 14,213 shares of the company’s stock, valued at $1,315,697.41. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.14% of the company’s stock.

Duke Energy Stock Up 0.8 %

Shares of NYSE DUK traded up $0.76 during trading on Wednesday, hitting $98.96. The stock had a trading volume of 2,632,603 shares, compared to its average volume of 2,984,832. Duke Energy Co. has a 12 month low of $83.06 and a 12 month high of $100.39. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.74 and a quick ratio of 0.49. The company has a market capitalization of $76.34 billion, a PE ratio of 27.59, a PEG ratio of 2.61 and a beta of 0.46. The firm has a fifty day moving average of $94.44 and a two-hundred day moving average of $93.60.

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Thursday, February 8th. The utilities provider reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.02). The company had revenue of $7.21 billion for the quarter, compared to the consensus estimate of $7.24 billion. Duke Energy had a net margin of 9.78% and a return on equity of 8.93%. Duke Energy’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 EPS. As a group, equities research analysts forecast that Duke Energy Co. will post 5.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on DUK. Evercore ISI raised shares of Duke Energy from an “in-line” rating to an “outperform” rating and raised their target price for the company from $90.00 to $108.00 in a report on Tuesday, January 23rd. Barclays boosted their target price on shares of Duke Energy from $99.00 to $100.00 and gave the stock an “overweight” rating in a report on Monday, April 15th. Wells Fargo & Company dropped their price target on shares of Duke Energy from $103.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, February 9th. KeyCorp boosted their target price on shares of Duke Energy from $106.00 to $107.00 and gave the company an “overweight” rating in a research report on Thursday, January 4th. Finally, Scotiabank dropped their target price on shares of Duke Energy from $101.00 to $94.00 and set a “sector perform” rating on the stock in a research report on Monday. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $100.62.

About Duke Energy

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.