AT Bancorp decreased its position in Duke Energy Corporation (NYSE:DUK) by 21.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,644 shares of the utilities provider’s stock after selling 1,000 shares during the period. AT Bancorp’s holdings in Duke Energy Corporation were worth $304,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. grew its position in shares of 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 purchasing an additional 41,268,968 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of 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 purchasing an additional 2,345,114 shares during the period. Vanguard Group Inc. grew its position in shares of 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 purchasing an additional 1,918,598 shares during the period. FMR LLC grew its position in shares of 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 purchasing an additional 1,151,408 shares during the period. Finally, Canada Pension Plan Investment Board grew its position in shares of 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 purchasing an additional 1,053,262 shares during the period. 56.22% of the stock is owned by institutional investors.

Several analysts have recently issued reports on the stock. BidaskClub upgraded shares of Duke Energy Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research upgraded shares of Duke Energy Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. Morgan Stanley lifted their target price on shares of Duke Energy Corporation from $89.00 to $92.00 and gave the company an “equal weight” rating in a research report on Friday, September 8th. BMO Capital Markets reiterated a “hold” rating and issued a $87.00 target price (up previously from $85.00) on shares of Duke Energy Corporation in a research report on Friday, August 4th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $87.00 target price on shares of Duke Energy Corporation in a research report on Tuesday, August 29th. Five 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 has a consensus rating of “Hold” and an average price target of $83.18.

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Duke Energy Corporation (NYSE DUK) opened at 84.25 on Monday. Duke Energy Corporation has a 12-month low of $72.34 and a 12-month high of $88.40. The firm has a market capitalization of $58.97 billion, a price-to-earnings ratio of 24.96 and a beta of 0.25. The firm has a 50-day moving average of $86.74 and a 200 day moving average of $84.41.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, September 18th. Shareholders of record on Friday, August 18th were issued a dividend of $0.89 per share. This is an increase from Duke Energy Corporation’s previous quarterly dividend of $0.86. This represents a $3.56 annualized dividend and a yield of 4.23%. The ex-dividend date of this dividend was Wednesday, August 16th. Duke Energy Corporation’s dividend payout ratio (DPR) is 105.64%.

In other Duke Energy Corporation news, EVP Douglas F. Esamann sold 5,000 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $86.22, for a total transaction of $431,100.00. Following the completion of the transaction, the executive vice president now directly owns 50,316 shares in the company, valued at approximately $4,338,245.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.07% of the company’s stock.

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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