Advisory Services Network LLC grew its position in Duke Energy Corporation (NYSE:DUK) by 22.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,312 shares of the utilities provider’s stock after purchasing an additional 2,407 shares during the quarter. Advisory Services Network LLC’s holdings in Duke Energy Corporation were worth $1,113,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Duke Energy Corporation by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 50,043,241 shares of the utilities provider’s stock valued at $4,183,115,000 after purchasing an additional 1,572,216 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Duke Energy Corporation by 1.2% in the 2nd quarter. BlackRock Inc. now owns 43,215,514 shares of the utilities provider’s stock valued at $3,612,384,000 after purchasing an additional 506,596 shares during the last quarter. State Street Corp boosted its stake in shares of Duke Energy Corporation by 1.3% in 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 during the last quarter. Federated Investors Inc. PA boosted its stake in shares of Duke Energy Corporation by 1.5% in 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 during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Duke Energy Corporation by 33.1% in 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 during the last quarter. 56.30% of the stock is currently owned by institutional investors.

In other Duke Energy Corporation news, EVP Lloyd M. Yates sold 5,000 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $89.95, for a total transaction of $449,750.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.07% of the company’s stock.

Duke Energy Corporation (DUK) opened at $88.81 on Wednesday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.41 and a current ratio of 0.71. Duke Energy Corporation has a 1 year low of $72.34 and a 1 year high of $91.80. The stock has a market cap of $62,059.84, a price-to-earnings ratio of 19.92, a P/E/G ratio of 4.85 and a beta of 0.26.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Friday, November 17th will be issued a dividend of $0.89 per share. The ex-dividend date is Thursday, November 16th. This represents a $3.56 annualized dividend and a yield of 4.01%. Duke Energy Corporation’s payout ratio is 117.49%.

DUK has been the topic of a number of analyst reports. BMO Capital Markets reaffirmed a “hold” rating and issued a $87.00 price objective (up from $85.00) on shares of Duke Energy Corporation in a research note on Friday, August 4th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $84.00 price objective (up from $83.00) on shares of Duke Energy Corporation in a research note on Wednesday, August 9th. Morgan Stanley upped 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 note on Thursday, August 10th. BidaskClub raised shares of Duke Energy Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Finally, Zacks Investment Research lowered shares of Duke Energy Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, August 23rd. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $86.90.

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About Duke Energy Corporation

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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