Duke Energy Corp (DUK) Position Raised by Zeke Capital Advisors LLC

Zeke Capital Advisors LLC grew its position in shares of Duke Energy Corp (NYSE:DUK) by 52.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 15,342 shares of the utilities provider’s stock after acquiring an additional 5,272 shares during the period. Zeke Capital Advisors LLC’s holdings in Duke Energy were worth $1,290,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Truewealth LLC purchased a new stake in Duke Energy in the 4th quarter worth $102,000. Nelson Roberts Investment Advisors LLC purchased a new position in Duke Energy in the third quarter worth about $112,000. Shamrock Asset Management LLC purchased a new position in Duke Energy in the fourth quarter worth about $115,000. Global Trust Asset Management LLC purchased a new position in Duke Energy in the fourth quarter worth about $115,000. Finally, Wealthcare Advisory Partners LLC purchased a new position in Duke Energy in the third quarter worth about $131,000. Hedge funds and other institutional investors own 56.98% of the company’s stock.

In other Duke Energy news, COO Dhiaa M. Jamil sold 500 shares of Duke Energy stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of $89.08, for a total transaction of $44,540.00. Following the completion of the transaction, the chief operating officer now owns 34,115 shares in the company, valued at $3,038,964.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.07% of the company’s stock.

Several brokerages have issued reports on DUK. Morgan Stanley reissued an “equal weight” rating and issued a $83.00 price objective (down previously from $85.00) on shares of Duke Energy in a research note on Thursday, March 8th. SunTrust Banks set a $82.00 price target on shares of Duke Energy and gave the stock a “hold” rating in a report on Monday. Royal Bank of Canada reissued a “buy” rating and set a $90.00 price objective on shares of Duke Energy in a report on Wednesday, March 14th. Zacks Investment Research upgraded shares of Duke Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, February 13th. Finally, UBS initiated coverage on shares of Duke Energy in a research report on Friday, February 2nd. They issued a “buy” rating and a $91.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company’s stock. Duke Energy presently has an average rating of “Hold” and a consensus target price of $86.53.

Duke Energy Corp (DUK) traded up $0.10 during midday trading on Friday, hitting $76.29. 1,024,856 shares of the company were exchanged, compared to its average volume of 4,245,642. Duke Energy Corp has a 1 year low of $72.93 and a 1 year high of $91.80. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.68 and a quick ratio of 0.42. The stock has a market cap of $53,333.06, a P/E ratio of 17.47, a price-to-earnings-growth ratio of 4.39 and a beta of 0.15.

Duke Energy (NYSE:DUK) last issued its earnings results on Tuesday, February 20th. The utilities provider reported $0.94 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.91 by $0.03. Duke Energy had a net margin of 12.95% and a return on equity of 7.72%. The business had revenue of $5.85 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the previous year, the firm earned $0.81 earnings per share. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. equities analysts expect that Duke Energy Corp will post 4.7 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 16th. Shareholders of record on Friday, February 16th were given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date of this dividend was Thursday, February 15th. Duke Energy’s payout ratio is currently 81.65%.

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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.

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

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