Sei Investments Co. increased its position in Duke Energy Corp (NYSE:DUK) by 26.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 152,409 shares of the utilities provider’s stock after acquiring an additional 31,789 shares during the period. Sei Investments Co.’s holdings in Duke Energy were worth $12,790,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in DUK. Vanguard Group Inc. raised its stake in Duke Energy by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 50,043,241 shares of the utilities provider’s stock valued at $4,183,115,000 after buying an additional 1,572,216 shares during the last quarter. BlackRock Inc. raised its stake in Duke Energy by 1.2% during the 2nd quarter. BlackRock Inc. now owns 43,215,514 shares of the utilities provider’s stock valued at $3,612,384,000 after buying an additional 506,596 shares during the last quarter. Federated Investors Inc. PA raised its stake in Duke Energy by 1.5% during the 2nd quarter. Federated Investors Inc. PA now owns 9,473,847 shares of the utilities provider’s stock valued at $791,919,000 after buying an additional 141,551 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Duke Energy by 33.1% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,422,063 shares of the utilities provider’s stock valued at $772,704,000 after buying an additional 2,345,114 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Duke Energy by 0.9% during the 2nd quarter. Northern Trust Corp now owns 9,063,623 shares of the utilities provider’s stock valued at $757,629,000 after buying an additional 84,730 shares during the last quarter. Institutional investors own 57.34% of the company’s stock.

DUK has been the subject of a number of research reports. Zacks Investment Research lowered shares of Duke Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. SunTrust Banks reiterated a “hold” rating and set a $87.00 target price on shares of Duke Energy in a research note on Wednesday, October 4th. J P Morgan Chase & Co boosted their target price on shares of Duke Energy from $83.00 to $89.00 and gave the company a “neutral” rating in a research note on Thursday, October 12th. Morgan Stanley boosted their target price on shares of Duke Energy from $89.00 to $92.00 and gave the company an “equal weight” rating in a research note on Friday, September 8th. Finally, BidaskClub upgraded shares of Duke Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. Duke Energy currently has a consensus rating of “Hold” and an average price target of $86.90.

Shares of Duke Energy Corp (NYSE:DUK) opened at $88.05 on Monday. Duke Energy Corp has a 1 year low of $74.61 and a 1 year high of $91.80. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.41 and a current ratio of 0.71. The stock has a market cap of $61,632.85, a price-to-earnings ratio of 19.79, a PEG ratio of 4.82 and a beta of 0.26.

Duke Energy (NYSE:DUK) last issued its quarterly earnings data on Friday, November 3rd. The utilities provider reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. Duke Energy had a net margin of 9.09% and a return on equity of 7.54%. The firm had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the previous year, the firm posted $1.68 EPS. The company’s revenue for the quarter was down 1.4% compared to the same quarter last year. sell-side analysts forecast that Duke Energy Corp will post 4.56 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Friday, November 17th will be given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date is Thursday, November 16th. Duke Energy’s payout ratio is 117.49%.

In other news, EVP Lloyd M. Yates sold 5,000 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $89.95, for a total transaction of $449,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.07% of the company’s stock.

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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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