Delpha Capital Management LLC Buys New Position in Duke Energy Corp (DUK)
Delpha Capital Management LLC bought a new stake in shares of Duke Energy Corp (NYSE:DUK) during the 4th quarter, Holdings Channel reports. The firm bought 3,398 shares of the utilities provider’s stock, valued at approximately $286,000. Duke Energy comprises approximately 0.3% of Delpha Capital Management LLC’s investment portfolio, making the stock its 29th largest position.
A number of other large investors have also added to or reduced their stakes in the business. Nelson Roberts Investment Advisors LLC bought a new stake in shares of Duke Energy in the 3rd quarter valued at approximately $112,000. Shamrock Asset Management LLC bought a new stake in shares of Duke Energy in the 4th quarter valued at approximately $115,000. Global Trust Asset Management LLC bought a new stake in shares of Duke Energy in the 4th quarter valued at approximately $115,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Duke Energy in the 3rd quarter valued at approximately $131,000. Finally, Acropolis Investment Management LLC bought a new stake in shares of Duke Energy in the 4th quarter valued at approximately $131,000. 57.18% of the stock is currently owned by institutional investors.
In other news, COO Dhiaa M. Jamil sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, November 28th. The stock was 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 directly owns 34,115 shares in the company, valued at $3,038,964.20. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.07% of the stock is owned by insiders.
Shares of Duke Energy Corp (NYSE:DUK) opened at $75.35 on Friday. The stock has a market capitalization of $52,752.01, a P/E ratio of 17.28, a price-to-earnings-growth ratio of 4.31 and a beta of 0.15. The company has a current ratio of 0.68, a quick ratio of 0.42 and a debt-to-equity ratio of 1.17. Duke Energy Corp has a 12-month low of $72.93 and a 12-month high of $91.80.
Duke Energy (NYSE:DUK) last announced its earnings results on Tuesday, February 20th. The utilities provider reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.03. The firm had revenue of $5.85 billion during the quarter, compared to analysts’ expectations of $6.09 billion. Duke Energy had a return on equity of 7.72% and a net margin of 12.95%. The company’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.81 earnings per share. equities analysts forecast that Duke Energy Corp will post 4.73 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Friday, February 16th will be issued a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.72%. Duke Energy’s dividend payout ratio (DPR) is presently 81.65%.
ILLEGAL ACTIVITY WARNING: “Delpha Capital Management LLC Buys New Position in Duke Energy Corp (DUK)” was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The original version of this piece of content can be read at https://www.watchlistnews.com/delpha-capital-management-llc-buys-new-position-in-duke-energy-corp-duk/1906508.html.
About Duke Energy
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.
Want to see what other hedge funds are holding DUK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Duke Energy Corp (NYSE:DUK).
Receive News & Ratings for Duke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Energy and related companies with MarketBeat.com's FREE daily email newsletter.