Brighton Jones LLC acquired a new stake in shares of Duke Energy Corp (NYSE:DUK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,756 shares of the utilities provider’s stock, valued at approximately $316,000.

A number of other institutional investors also recently modified their holdings of DUK. Nelson Roberts Investment Advisors LLC purchased a new stake in Duke Energy during the third quarter valued at approximately $112,000. Global Trust Asset Management LLC purchased a new stake in Duke Energy during the fourth quarter valued at approximately $115,000. Shamrock Asset Management LLC purchased a new stake in Duke Energy during the fourth quarter valued at approximately $115,000. Wealthcare Advisory Partners LLC purchased a new stake in Duke Energy during the third quarter valued at approximately $131,000. Finally, Acropolis Investment Management LLC purchased a new stake in Duke Energy during the fourth quarter valued at approximately $131,000. Institutional investors own 57.13% of the company’s stock.

Shares of Duke Energy Corp (DUK) opened at $77.08 on Wednesday. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.71 and a quick ratio of 0.41. The stock has a market cap of $53,950.00, a price-to-earnings ratio of 20.23, a PEG ratio of 3.94 and a beta of 0.12. Duke Energy Corp has a 52 week low of $72.93 and a 52 week high of $91.80.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Friday, February 16th will be paid a $0.89 dividend. The ex-dividend date is Thursday, February 15th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.62%. Duke Energy’s dividend payout ratio (DPR) is presently 93.44%.

A number of analysts have commented on DUK shares. Guggenheim reaffirmed a “buy” rating and set a $96.00 target price on shares of Duke Energy in a report on Wednesday, January 3rd. Royal Bank of Canada reaffirmed a “buy” rating and set a $87.00 target price on shares of Duke Energy in a report on Tuesday, November 7th. ValuEngine raised shares of Duke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. UBS Group started coverage on shares of Duke Energy in a report on Friday, February 2nd. They set a “buy” rating and a $91.00 target price for the company. Finally, Morgan Stanley upped their target price on shares of Duke Energy from $95.00 to $96.00 and gave the company an “equal weight” rating in a report on Wednesday, December 13th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $87.18.

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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.

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

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