Thompson Siegel & Walmsley LLC cut its stake in shares of Duke Energy Corporation (NYSE:DUK) by 15.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,185 shares of the utilities provider’s stock after selling 4,015 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Duke Energy Corporation were worth $1,771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Winfield Associates Inc. raised its position in Duke Energy Corporation by 14.3% during the second quarter. Winfield Associates Inc. now owns 1,322 shares of the utilities provider’s stock valued at $111,000 after purchasing an additional 165 shares during the period. Jolley Asset Management LLC grew its stake in shares of Duke Energy Corporation by 26.4% during the second quarter. Jolley Asset Management LLC now owns 1,499 shares of the utilities provider’s stock valued at $125,000 after buying an additional 313 shares during the last quarter. Daiwa SB Investments Ltd. bought a new position in shares of Duke Energy Corporation during the second quarter valued at approximately $130,000. Advantage Investment Management LLC grew its stake in shares of Duke Energy Corporation by 37.4% during the first quarter. Advantage Investment Management LLC now owns 1,697 shares of the utilities provider’s stock valued at $139,000 after buying an additional 462 shares during the last quarter. Finally, Jacobi Capital Management LLC grew its stake in shares of Duke Energy Corporation by 104.1% during the first quarter. Jacobi Capital Management LLC now owns 1,980 shares of the utilities provider’s stock valued at $164,000 after buying an additional 1,010 shares during the last quarter. Institutional investors and hedge funds own 56.21% of the company’s stock.

Duke Energy Corporation (DUK) opened at 87.93 on Friday. Duke Energy Corporation has a 52 week low of $72.34 and a 52 week high of $88.40. The company has a market cap of $61.55 billion, a PE ratio of 26.05 and a beta of 0.24. The company has a 50-day moving average price of $86.07 and a 200 day moving average price of $84.98.

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 quarter last year, the firm earned $1.07 EPS. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, equities research analysts forecast that Duke Energy Corporation will post $4.59 EPS for the current fiscal year.

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In related news, EVP Douglas F. Esamann sold 5,000 shares of Duke Energy Corporation stock in a transaction that occurred on Monday, August 14th. The shares were 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.07% of the stock is currently owned by company insiders.

A number of research firms have recently commented on DUK. BidaskClub raised Duke Energy Corporation from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Zacks Investment Research raised Duke Energy Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, October 10th. SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $88.00 target price on shares of Duke Energy Corporation in a research note on Thursday, October 12th. Morgan Stanley upped their target price on Duke Energy Corporation from $89.00 to $92.00 and gave the company an “equal weight” rating in a research note on Friday, September 8th. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $87.00 target price (up previously from $85.00) on shares of Duke Energy Corporation in a research note on Friday, August 4th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company’s stock. Duke Energy Corporation has a consensus rating of “Hold” and an average target price of $84.71.

Duke Energy Corporation 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.

Institutional Ownership by Quarter for Duke Energy Corporation (NYSE:DUK)

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