Bank of Nova Scotia Trust Co. maintained its position in shares of Duke Energy Corporation (NYSE:DUK) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,766 shares of the utilities provider’s stock at the close of the 2nd quarter. Bank of Nova Scotia Trust Co.’s holdings in Duke Energy Corporation were worth $315,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Duke Energy Corporation by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 50,043,241 shares of the utilities provider’s stock worth $4,183,115,000 after acquiring an additional 1,572,216 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Duke Energy Corporation by 1.2% during the 2nd quarter. BlackRock Inc. now owns 43,215,514 shares of the utilities provider’s stock worth $3,612,384,000 after acquiring an additional 506,596 shares in the last quarter. State Street Corp boosted its stake in shares of Duke Energy Corporation by 1.3% during the 1st quarter. State Street Corp now owns 33,919,431 shares of the utilities provider’s stock worth $2,781,737,000 after acquiring an additional 451,100 shares in the last quarter. Federated Investors Inc. PA boosted its stake in shares of Duke Energy Corporation by 1.5% during the 2nd quarter. Federated Investors Inc. PA now owns 9,473,847 shares of the utilities provider’s stock worth $791,919,000 after acquiring an additional 141,551 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Duke Energy Corporation by 33.1% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,422,063 shares of the utilities provider’s stock worth $772,704,000 after acquiring an additional 2,345,114 shares in the last quarter. Institutional investors own 56.27% of the company’s stock.

DUK has been the subject of several recent analyst reports. Zacks Investment Research downgraded Duke Energy Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, August 23rd. Citigroup Inc. increased their target price on Duke Energy Corporation from $74.00 to $77.00 and gave the company a “sell” rating in a research note on Tuesday, October 17th. BidaskClub upgraded Duke Energy Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Morgan Stanley increased their target price on Duke Energy Corporation from $87.00 to $89.00 and gave the company an “equal weight” rating in a research note on Thursday, August 10th. Finally, KeyCorp restated a “hold” rating on shares of Duke Energy Corporation in a research note on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $86.90.

In other Duke Energy Corporation news, EVP Douglas F. Esamann sold 5,000 shares of the firm’s 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 completion of the sale, the executive vice president now owns 50,316 shares in the company, valued at approximately $4,338,245.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.07% of the stock is currently owned by company insiders.

Shares of Duke Energy Corporation (NYSE:DUK) opened at $88.89 on Friday. The company has a quick ratio of 0.41, a current ratio of 0.71 and a debt-to-equity ratio of 1.17. Duke Energy Corporation has a 52-week low of $72.34 and a 52-week high of $89.74. The company has a market capitalization of $62,220.87, a P/E ratio of 19.98, a price-to-earnings-growth ratio of 4.86 and a beta of 0.26.

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

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Friday, November 17th will be given a $0.89 dividend. The ex-dividend date is Thursday, November 16th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.00%. Duke Energy Corporation’s dividend payout ratio is currently 117.49%.

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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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