Edmond DE Rothschild Holding S.A. held its stake in shares of Duke Energy Corporation (NYSE:DUK) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,973 shares of the utilities provider’s stock at the end of the first quarter. Edmond DE Rothschild Holding S.A.’s holdings in Duke Energy Corporation were worth $162,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Regentatlantic Capital LLC increased its stake in shares of Duke Energy Corporation by 43.1% in the first quarter. Regentatlantic Capital LLC now owns 7,000 shares of the utilities provider’s stock valued at $574,000 after buying an additional 2,107 shares in the last quarter. Ipswich Investment Management Co. Inc. increased its stake in shares of Duke Energy Corporation by 1.1% in the first quarter. Ipswich Investment Management Co. Inc. now owns 27,451 shares of the utilities provider’s stock valued at $2,251,000 after buying an additional 300 shares in the last quarter. TNB Financial purchased a new stake in shares of Duke Energy Corporation during the first quarter valued at $10,613,000. Honkamp Krueger Financial Services Inc. increased its stake in shares of Duke Energy Corporation by 4.8% in the first quarter. Honkamp Krueger Financial Services Inc. now owns 6,239 shares of the utilities provider’s stock valued at $512,000 after buying an additional 285 shares in the last quarter. Finally, Verus Financial Partners Inc. increased its stake in shares of Duke Energy Corporation by 45.0% in the first quarter. Verus Financial Partners Inc. now owns 5,448 shares of the utilities provider’s stock valued at $447,000 after buying an additional 1,690 shares in the last quarter. Hedge funds and other institutional investors own 55.60% of the company’s stock.

Duke Energy Corporation (NYSE DUK) traded down 0.80% on Friday, hitting $85.70. 2,516,839 shares of the stock traded hands. The stock has a market capitalization of $59.99 billion, a P/E ratio of 25.39 and a beta of 0.24. Duke Energy Corporation has a 12-month low of $72.34 and a 12-month high of $87.75. The company’s 50 day moving average price is $84.78 and its 200-day moving average price is $82.84.

Duke Energy Corporation (NYSE:DUK) last released its earnings results on Thursday, August 3rd. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.01. Duke Energy Corporation had a net margin of 9.89% and a return on equity of 7.72%. The company had revenue of $5.56 billion for the quarter, compared to the consensus estimate of $5.76 billion. During the same period in the prior year, the company posted $1.07 EPS. The company’s revenue was up 6.6% compared to the same quarter last year. Analysts predict that Duke Energy Corporation will post $4.60 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Friday, August 18th will be given a dividend of $0.89 per share. The ex-dividend date is Wednesday, August 16th. This is an increase from Duke Energy Corporation’s previous quarterly dividend of $0.86. This represents a $3.56 dividend on an annualized basis and a yield of 4.15%. Duke Energy Corporation’s dividend payout ratio is presently 101.48%.

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Several analysts recently weighed in on DUK shares. Barclays PLC reiterated an “equal weight” rating and issued a $88.00 price objective (up from $82.00) on shares of Duke Energy Corporation in a research report on Sunday, April 23rd. Zacks Investment Research downgraded shares of Duke Energy Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, April 25th. BMO Capital Markets reiterated a “hold” rating and issued a $81.00 price objective on shares of Duke Energy Corporation in a research report on Friday, April 28th. BidaskClub downgraded shares of Duke Energy Corporation from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Finally, Goldman Sachs Group, Inc. (The) upgraded shares of Duke Energy Corporation from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $82.00 to $85.00 in a research report on Monday, June 26th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $82.71.

In related news, Director E Marie Mckee sold 1,937 shares of the stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $85.29, for a total value of $165,206.73. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Theodore F. Craver, Jr. purchased 3,500 shares of the business’s stock in a transaction that occurred on Monday, May 15th. The stock was purchased at an average price of $83.73 per share, for a total transaction of $293,055.00. Following the completion of the transaction, the director now directly owns 5,706 shares in the company, valued at $477,763.38. The disclosure for this purchase can be found here. Company insiders own 0.07% of the company’s stock.

About Duke Energy Corporation

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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