Day & Ennis LLC decreased its position in Duke Energy Corporation (NYSE:DUK) by 5.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,055 shares of the utilities provider’s stock after selling 178 shares during the quarter. Day & Ennis LLC’s holdings in Duke Energy Corporation were worth $255,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Advisory Service Inc. grew its stake in shares of Duke Energy Corporation by 0.3% in the 2nd quarter. Financial Advisory Service Inc. now owns 6,722 shares of the utilities provider’s stock worth $562,000 after acquiring an additional 17 shares in the last quarter. Valley National Advisers Inc. boosted its holdings in shares of Duke Energy Corporation by 0.7% in the 1st quarter. Valley National Advisers Inc. now owns 2,671 shares of the utilities provider’s stock worth $219,000 after buying an additional 18 shares during the last quarter. Accredited Investors Inc. boosted its holdings in shares of Duke Energy Corporation by 0.7% in the 1st quarter. Accredited Investors Inc. now owns 2,787 shares of the utilities provider’s stock worth $229,000 after buying an additional 19 shares during the last quarter. Hayek Kallen Investment Management boosted its holdings in shares of Duke Energy Corporation by 0.5% in the 1st quarter. Hayek Kallen Investment Management now owns 3,958 shares of the utilities provider’s stock worth $325,000 after buying an additional 19 shares during the last quarter. Finally, Hodges Capital Management Inc. boosted its holdings in shares of Duke Energy Corporation by 0.3% in the 2nd quarter. Hodges Capital Management Inc. now owns 7,105 shares of the utilities provider’s stock worth $594,000 after buying an additional 19 shares during the last quarter. Hedge funds and other institutional investors own 56.29% of the company’s stock.

Shares of Duke Energy Corporation (DUK) opened at $89.21 on Friday. The company has a market cap of $63,403.79, a PE ratio of 20.35, a price-to-earnings-growth ratio of 4.96 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 $91.80. The company has a current ratio of 0.71, a quick ratio of 0.41 and a debt-to-equity ratio of 1.17.

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

The business also recently declared a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Friday, November 17th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 3.99%. The ex-dividend date is Thursday, November 16th. Duke Energy Corporation’s dividend payout ratio is presently 117.49%.

A number of equities analysts recently weighed in on DUK shares. Zacks Investment Research downgraded shares of Duke Energy Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Bank of America Corporation reissued a “neutral” rating and issued a $92.00 price target on shares of Duke Energy Corporation in a report on Tuesday, October 24th. KeyCorp reissued a “hold” rating on shares of Duke Energy Corporation in a report on Friday, September 1st. Citigroup Inc. boosted their price target on shares of Duke Energy Corporation from $74.00 to $77.00 and gave the stock a “sell” rating in a report on Tuesday, October 17th. Finally, Morgan Stanley boosted their price target on shares of Duke Energy Corporation from $89.00 to $92.00 and gave the stock an “equal weight” rating in a report on Friday, September 8th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. Duke Energy Corporation presently has an average rating of “Hold” and a consensus target price of $86.90.

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In other news, EVP Lloyd M. Yates sold 5,000 shares of the company’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $89.95, for a total transaction of $449,750.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate 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.

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

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