Bank Hapoalim BM cut its position in shares of Duke Energy Corporation (NYSE:DUK) by 1.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,670 shares of the utilities provider’s stock after selling 80 shares during the quarter. Bank Hapoalim BM’s holdings in Duke Energy Corporation were worth $474,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Winfield Associates Inc. grew its holdings in shares of Duke Energy Corporation by 14.3% during the second quarter. Winfield Associates Inc. now owns 1,322 shares of the utilities provider’s stock worth $111,000 after buying an additional 165 shares in the last quarter. Jolley Asset Management LLC grew its holdings in shares of Duke Energy Corporation by 26.4% during the second quarter. Jolley Asset Management LLC now owns 1,499 shares of the utilities provider’s stock worth $125,000 after buying an additional 313 shares in the last quarter. Daiwa SB Investments Ltd. purchased a new stake in shares of Duke Energy Corporation during the second quarter worth about $130,000. Jacobi Capital Management LLC grew its holdings in shares of Duke Energy Corporation by 104.1% during the first quarter. Jacobi Capital Management LLC now owns 1,980 shares of the utilities provider’s stock worth $164,000 after buying an additional 1,010 shares in the last quarter. Finally, Camarda Financial Advisors LLC grew its holdings in shares of Duke Energy Corporation by 357.1% during the second quarter. Camarda Financial Advisors LLC now owns 2,130 shares of the utilities provider’s stock worth $178,000 after buying an additional 1,664 shares in the last quarter. Institutional investors and hedge funds own 56.21% of the company’s stock.

A number of research firms recently issued reports on DUK. Zacks Investment Research upgraded shares of Duke Energy Corporation from a “sell” rating to a “hold” rating in a report on Monday. Bank of America Corporation restated a “neutral” rating and issued a $92.00 target price on shares of Duke Energy Corporation in a report on Tuesday, October 24th. Citigroup Inc. boosted their target price on shares of Duke Energy Corporation from $74.00 to $77.00 and gave the company a “sell” rating in a report on Tuesday, October 17th. SunTrust Banks, Inc. restated a “hold” rating and issued a $88.00 target price on shares of Duke Energy Corporation in a report on Thursday, October 12th. Finally, J P Morgan Chase & Co boosted their target price on shares of Duke Energy Corporation from $83.00 to $89.00 and gave the company a “neutral” rating in a report on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $86.25.

In related news, EVP Douglas F. Esamann sold 5,000 shares of the stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $86.22, for a total value of $431,100.00. Following the transaction, the executive vice president now owns 50,316 shares in the company, valued at $4,338,245.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.07% of the company’s stock.

Duke Energy Corporation (NYSE:DUK) last released its quarterly earnings data on Thursday, August 3rd. The utilities provider reported $1.01 EPS for the quarter, hitting analysts’ consensus estimates of $1.01. Duke Energy Corporation had a return on equity of 7.72% and a net margin of 9.89%. The firm had revenue of $5.56 billion for the quarter, compared to the consensus estimate of $5.76 billion. During the same quarter in the prior year, the company posted $1.07 earnings per share. The firm’s revenue was up 6.6% on a year-over-year basis.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Friday, November 17th will be issued a $0.89 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $3.56 dividend on an annualized basis and a yield of 4.02%. Duke Energy Corporation’s dividend payout ratio is currently 105.64%.

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

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