Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Duke Energy Corporation (NYSE:DUK) by 0.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,997 shares of the utilities provider’s stock after purchasing an additional 101 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Duke Energy Corporation were worth $4,346,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Duke Energy Corporation by 4.1% during the 1st 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 in the last quarter. BlackRock Inc. increased its holdings in Duke Energy Corporation by 2,866.0% during the 1st 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 in the last quarter. State Street Corp increased its holdings in 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 valued at $2,781,737,000 after purchasing an additional 451,100 shares in the last quarter. Federated Investors Inc. PA increased its holdings in 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 valued at $791,919,000 after purchasing an additional 141,551 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in 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 valued at $772,704,000 after purchasing an additional 2,345,114 shares in the last quarter. 56.21% of the stock is owned by hedge funds and other institutional investors.

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A number of equities research analysts recently weighed in on the company. BidaskClub raised Duke Energy Corporation from a “sell” rating to a “hold” rating in a report 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. reissued a “hold” rating and issued a $88.00 target price on shares of Duke Energy Corporation in a research note on Thursday, October 12th. Morgan Stanley lifted 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 reissued a “hold” rating and issued a $87.00 target price (up 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 assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $84.71.

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

Duke Energy Corporation (NYSE:DUK) last posted its quarterly earnings data on Thursday, August 3rd. The utilities provider reported $1.01 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.01. The business had revenue of $5.56 billion during the quarter, compared to the consensus estimate of $5.76 billion. Duke Energy Corporation had a return on equity of 7.72% and a net margin of 9.89%. Duke Energy Corporation’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.07 earnings per share. On average, equities research analysts expect that Duke Energy Corporation will post $4.59 EPS for the current fiscal year.

In related news, EVP Douglas F. Esamann sold 5,000 shares of the stock in a transaction 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 directly owns 50,316 shares in the company, valued at $4,338,245.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.07% of the company’s stock.

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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