HC Financial Advisors Inc. grew its position in shares of Duke Energy Corp (NYSE:DUK) by 445.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,099 shares of the utilities provider’s stock after purchasing an additional 16,417 shares during the quarter. Duke Energy makes up 1.4% of HC Financial Advisors Inc.’s holdings, making the stock its 29th biggest holding. HC Financial Advisors Inc.’s holdings in Duke Energy were worth $1,608,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in DUK. TIAA FSB lifted its stake in shares of Duke Energy by 0.8% in the third quarter. TIAA FSB now owns 175,853 shares of the utilities provider’s stock worth $14,071,000 after acquiring an additional 1,396 shares during the period. TRUE Private Wealth Advisors acquired a new position in shares of Duke Energy in the third quarter worth approximately $119,000. Tompkins Financial Corp lifted its stake in shares of Duke Energy by 2.2% in the third quarter. Tompkins Financial Corp now owns 42,919 shares of the utilities provider’s stock worth $3,434,000 after acquiring an additional 911 shares during the period. Aperio Group LLC lifted its stake in shares of Duke Energy by 8.3% in the third quarter. Aperio Group LLC now owns 361,987 shares of the utilities provider’s stock worth $28,966,000 after acquiring an additional 27,620 shares during the period. Finally, Osborn Williams & Donohoe LLC lifted its stake in shares of Duke Energy by 45.4% in the third quarter. Osborn Williams & Donohoe LLC now owns 6,402 shares of the utilities provider’s stock worth $512,000 after acquiring an additional 2,000 shares during the period. 58.70% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Melissa H. Anderson sold 500 shares of the business’s stock in a transaction that occurred on Monday, August 6th. The stock was sold at an average price of $81.76, for a total transaction of $40,880.00. Following the completion of the sale, the executive vice president now owns 15,096 shares in the company, valued at $1,234,248.96. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Dhiaa M. Jamil sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, August 10th. The shares were sold at an average price of $80.98, for a total value of $566,860.00. Following the sale, the chief operating officer now owns 4,279 shares of the company’s stock, valued at approximately $346,513.42. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,779 shares of company stock valued at $956,650. Corporate insiders own 0.08% of the company’s stock.

A number of brokerages have weighed in on DUK. Morgan Stanley lowered their target price on Duke Energy from $91.00 to $85.00 and set a “hold” rating for the company in a report on Friday, September 21st. Wells Fargo & Co lifted their target price on Duke Energy from $86.00 to $89.00 and gave the stock a “market perform” rating in a report on Monday, September 17th. Guggenheim reiterated a “buy” rating and issued a $86.00 target price on shares of Duke Energy in a report on Friday, August 17th. JPMorgan Chase & Co. upgraded Duke Energy from an “underweight” rating to a “neutral” rating and set a $72.00 target price for the company in a report on Monday, July 23rd. Finally, Barclays began coverage on Duke Energy in a report on Tuesday, July 10th. They issued an “equal weight” rating and a $86.00 target price for the company. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $84.06.

Shares of NYSE DUK traded up $0.49 during midday trading on Thursday, hitting $81.26. 4,274,100 shares of the stock traded hands, compared to its average volume of 3,791,785. The company has a market cap of $57.00 billion, a price-to-earnings ratio of 17.79, a P/E/G ratio of 3.65 and a beta of 0.03. Duke Energy Corp has a one year low of $71.96 and a one year high of $91.80. The company has a quick ratio of 0.41, a current ratio of 0.66 and a debt-to-equity ratio of 1.17.

Duke Energy (NYSE:DUK) last released its quarterly earnings data on Thursday, August 2nd. The utilities provider reported $0.93 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.01 by ($0.08). The firm had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.61 billion. Duke Energy had a net margin of 11.52% and a return on equity of 7.92%. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.01 EPS. On average, equities research analysts anticipate that Duke Energy Corp will post 4.72 earnings per share for the current year.

Duke Energy Profile

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.

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

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