Carnegie Capital Asset Management LLC lessened its holdings in shares of Duke Energy Corporation (NYSE:DUK) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,379 shares of the utilities provider’s stock after selling 80 shares during the quarter. Carnegie Capital Asset Management LLC’s holdings in Duke Energy Corporation were worth $1,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Winfield Associates Inc. boosted its stake in shares of Duke Energy Corporation by 14.3% during the 2nd quarter. Winfield Associates Inc. now owns 1,322 shares of the utilities provider’s stock worth $111,000 after acquiring an additional 165 shares during the last quarter. Jolley Asset Management LLC boosted its stake in shares of Duke Energy Corporation by 26.4% during the 2nd quarter. Jolley Asset Management LLC now owns 1,499 shares of the utilities provider’s stock worth $125,000 after acquiring an additional 313 shares during the last quarter. Daiwa SB Investments Ltd. purchased a new position in shares of Duke Energy Corporation during the 2nd quarter worth $130,000. Jacobi Capital Management LLC boosted its stake in shares of Duke Energy Corporation by 104.1% during the 1st quarter. Jacobi Capital Management LLC now owns 1,980 shares of the utilities provider’s stock worth $164,000 after acquiring an additional 1,010 shares during the last quarter. Finally, Camarda Financial Advisors LLC boosted its stake in shares of Duke Energy Corporation by 357.1% during the 2nd quarter. Camarda Financial Advisors LLC now owns 2,130 shares of the utilities provider’s stock worth $178,000 after acquiring an additional 1,664 shares during the last quarter. Institutional investors and hedge funds own 56.27% of the company’s stock.

In other Duke Energy Corporation news, EVP Douglas F. Esamann sold 5,000 shares of Duke Energy Corporation stock in a transaction 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 sale, the executive vice president now directly owns 50,316 shares in the company, valued at approximately $4,338,245.52. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.07% of the company’s stock.

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Shares of Duke Energy Corporation (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. The stock has a market cap of $62,738.81, a price-to-earnings ratio of 20.14, a price-to-earnings-growth ratio of 4.90 and a beta of 0.26. Duke Energy Corporation has a fifty-two week low of $72.34 and a fifty-two week high of $89.74.

Duke Energy Corporation (NYSE:DUK) last announced its quarterly earnings results on Friday, November 3rd. The utilities provider reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The company had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $7.43 billion. Duke Energy Corporation had a net margin of 9.09% and a return on equity of 7.54%. Duke Energy Corporation’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.68 EPS. equities research analysts predict that Duke Energy Corporation will post 4.56 earnings per share for the current year.

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

DUK has been the topic of several analyst reports. Zacks Investment Research upgraded 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 note on Friday, July 21st. Royal Bank Of Canada reiterated a “buy” rating and set a $87.00 price target on shares of Duke Energy Corporation in a research note on Tuesday, August 29th. BidaskClub upgraded shares of Duke Energy Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Morgan Stanley raised their price objective on shares of Duke Energy Corporation from $87.00 to $89.00 and gave the company an “equal weight” rating in a research report on Thursday, August 10th. Finally, KeyCorp restated a “hold” rating on shares of Duke Energy Corporation in a research report on Friday, September 1st. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company’s stock. Duke Energy Corporation presently has an average rating of “Hold” and a consensus price target of $86.90.

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.

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

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