Quotient Investors LLC held its position in Duke Energy Corporation (NYSE:DUK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,254 shares of the utilities provider’s stock at the end of the second quarter. Quotient Investors LLC’s holdings in Duke Energy Corporation were worth $759,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DUK. BlackRock Inc. raised its stake in Duke Energy Corporation by 2,866.0% in the first quarter. BlackRock Inc. now owns 42,708,918 shares of the utilities provider’s stock valued at $3,502,557,000 after buying an additional 41,268,968 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Duke Energy Corporation by 33.1% in the first 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 period. Vanguard Group Inc. raised its stake in Duke Energy Corporation by 4.1% in the first quarter. Vanguard Group Inc. now owns 48,471,025 shares of the utilities provider’s stock valued at $3,975,109,000 after buying an additional 1,918,598 shares during the period. FMR LLC raised its stake in Duke Energy Corporation by 30.6% in the first quarter. FMR LLC now owns 4,909,584 shares of the utilities provider’s stock valued at $402,635,000 after buying an additional 1,151,408 shares during the period. Finally, Canada Pension Plan Investment Board raised its stake in Duke Energy Corporation by 191.8% in the first quarter. Canada Pension Plan Investment Board now owns 1,602,472 shares of the utilities provider’s stock valued at $131,419,000 after buying an additional 1,053,262 shares during the period. Hedge funds and other institutional investors own 55.60% of the company’s stock.

Duke Energy Corporation (NYSE:DUK) traded down 0.01% during mid-day trading on Tuesday, reaching $86.25. 584,156 shares of the company were exchanged. The stock has a market capitalization of $60.36 billion, a price-to-earnings ratio of 27.50 and a beta of 0.24. Duke Energy Corporation has a one year low of $72.34 and a one year high of $87.75. The stock has a 50 day moving average of $84.87 and a 200-day moving average of $82.44.

Duke Energy Corporation (NYSE:DUK) last released its earnings results on Thursday, August 3rd. The utilities provider reported $1.01 EPS for the quarter, hitting 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 analysts’ expectations of $5.76 billion. During the same quarter last year, the business earned $1.07 EPS. The firm’s revenue was up 6.6% compared to the same quarter last year. On average, equities analysts expect that Duke Energy Corporation will post $4.60 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Friday, August 18th will be paid a dividend of $0.89 per share. This is a boost from Duke Energy Corporation’s previous quarterly dividend of $0.86. The ex-dividend date is Wednesday, August 16th. This represents a $3.56 dividend on an annualized basis and a yield of 4.13%. Duke Energy Corporation’s dividend payout ratio (DPR) is presently 101.48%.

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Several analysts have recently issued reports on DUK shares. Zacks Investment Research raised shares of Duke Energy Corporation from a “hold” rating to a “buy” rating and set a $95.00 price target on the stock in a research report on Friday, July 21st. Goldman Sachs Group, Inc. (The) raised shares of Duke Energy Corporation from a “neutral” rating to a “buy” rating and boosted their price target for the company from $82.00 to $85.00 in a research report on Monday, June 26th. Morgan Stanley reissued an “equal weight” rating and issued a $87.00 price target (down previously from $91.00) on shares of Duke Energy Corporation in a research report on Monday, July 10th. Barclays PLC reissued an “equal weight” rating and issued a $88.00 price target (up previously from $82.00) on shares of Duke Energy Corporation in a research report on Sunday, April 23rd. Finally, BidaskClub lowered shares of Duke Energy Corporation from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the stock. Duke Energy Corporation currently has an average rating of “Hold” and an average target price of $82.51.

In related news, Director Theodore F. Craver, Jr. acquired 3,500 shares of Duke Energy Corporation stock in a transaction dated Monday, May 15th. The shares were 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 approximately $477,763.38. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director E Marie Mckee sold 1,937 shares of Duke Energy Corporation stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $85.29, for a total transaction of $165,206.73. The disclosure for this sale can be found here. 0.07% of the stock is currently owned by company insiders.

Duke Energy Corporation Company 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 Corporation (NYSE:DUK)

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