GW Henssler & Associates Ltd. raised its stake in shares of Duke Energy Corporation (NYSE:DUK) by 41.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,800 shares of the company’s stock after buying an additional 1,109 shares during the period. GW Henssler & Associates Ltd.’s holdings in Duke Energy Corporation were worth $304,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the stock. Nisa Investment Advisors LLC increased its position in shares of Duke Energy Corporation by 31.1% in the second quarter. Nisa Investment Advisors LLC now owns 94,951 shares of the company’s stock worth $8,146,000 after buying an additional 22,500 shares during the last quarter. LS Investment Advisors LLC increased its position in shares of Duke Energy Corporation by 15.5% in the second quarter. LS Investment Advisors LLC now owns 42,637 shares of the company’s stock worth $3,658,000 after buying an additional 5,730 shares during the last quarter. CWM LLC increased its position in shares of Duke Energy Corporation by 2.1% in the second quarter. CWM LLC now owns 72,050 shares of the company’s stock worth $6,181,000 after buying an additional 1,450 shares during the last quarter. Shinko Asset Management Co. Ltd. increased its position in shares of Duke Energy Corporation by 41.5% in the second quarter. Shinko Asset Management Co. Ltd. now owns 5,801 shares of the company’s stock worth $498,000 after buying an additional 1,700 shares during the last quarter. Finally, Gilman Hill Asset Management LLC increased its position in shares of Duke Energy Corporation by 2.4% in the second quarter. Gilman Hill Asset Management LLC now owns 55,677 shares of the company’s stock worth $4,777,000 after buying an additional 1,315 shares during the last quarter. Hedge funds and other institutional investors own 56.05% of the company’s stock.

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

Duke Energy Corporation (NYSE:DUK) traded down 0.43% on Friday, reaching $77.21. 1,954,531 shares of the company’s stock were exchanged. Duke Energy Corporation has a 1-year low of $70.35 and a 1-year high of $87.75. The firm’s 50 day moving average is $76.29 and its 200 day moving average is $79.68. The stock has a market capitalization of $53.19 billion, a P/E ratio of 18.68 and a beta of 0.11.

Duke Energy Corporation (NYSE:DUK) last released its earnings results on Friday, November 4th. The company reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.10. The firm had revenue of $6.43 billion for the quarter, compared to analyst estimates of $3.09 billion. Duke Energy Corporation had a return on equity of 8.20% and a net margin of 12.27%. Duke Energy Corporation’s revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.47 earnings per share. Analysts expect that Duke Energy Corporation will post $4.69 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 16th. Investors of record on Friday, February 17th will be issued a dividend of $0.855 per share. This represents a $3.42 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend is Wednesday, February 15th. Duke Energy Corporation’s payout ratio is currently 82.61%.

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A number of equities analysts have commented on the stock. Citigroup Inc. downgraded shares of Duke Energy Corporation from a “neutral” rating to a “sell” rating and set a $69.00 price objective for the company. in a research report on Wednesday. Vetr raised shares of Duke Energy Corporation from a “sell” rating to a “hold” rating and set a $76.67 price target on the stock in a research note on Monday, January 2nd. J P Morgan Chase & Co cut shares of Duke Energy Corporation from a “neutral” rating to an “underweight” rating and lowered their price target for the stock from $79.00 to $77.00 in a research note on Friday, December 16th. Bank of America cut shares of Duke Energy Corporation from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $78.00 to $69.00 in a research note on Tuesday, November 22nd. They noted that the move was a valuation call. Finally, Scotiabank reaffirmed a “sector perform” rating and set a $83.00 price target (down from $88.00) on shares of Duke Energy Corporation in a research note on Monday, November 7th. Four equities research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company. The company has an average rating of “Hold” and an average price target of $78.97.

In other news, EVP Frank H. Yoho bought 14,850 shares of the stock in a transaction that occurred on Friday, November 18th. The shares were purchased at an average cost of $74.00 per share, with a total value of $1,098,900.00. Following the completion of the acquisition, the executive vice president now directly owns 23,687 shares in the company, valued at $1,752,838. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John H. Forsgren bought 1,000 shares of the stock in a transaction that occurred on Wednesday, November 9th. The shares were purchased at an average cost of $77.80 per share, for a total transaction of $77,800.00. Following the completion of the acquisition, the director now owns 1,165 shares of the company’s stock, valued at $90,637. The disclosure for this purchase can be found here. Corporate insiders own 0.08% of the company’s stock.

Duke Energy Corporation Company Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company’s segments include Regulated Utilities, International Energy and Commercial Portfolio. Duke Energy’s subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke Energy Ohio, Inc (Duke Energy Ohio), and Duke Energy Indiana, Inc (Duke Energy Indiana).

5 Day Chart for NYSE:DUK

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