MUFG Securities EMEA plc grew its holdings in Duke Energy Corp (NYSE:DUK) by 81.2% during the fourth quarter, HoldingsChannel reports. The firm owned 35,000 shares of the utilities provider’s stock after acquiring an additional 15,688 shares during the period. MUFG Securities EMEA plc’s holdings in Duke Energy were worth $3,021,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of DUK. Proficio Capital Partners LLC lifted its stake in shares of Duke Energy by 59.0% during the fourth quarter. Proficio Capital Partners LLC now owns 442 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 164 shares during the period. Vigilant Capital Management LLC acquired a new position in shares of Duke Energy during the fourth quarter valued at $43,000. Mackey Komara & Dankovich LLC acquired a new position in shares of Duke Energy during the fourth quarter valued at $57,000. Tortoise Investment Management LLC lifted its stake in shares of Duke Energy by 96.0% during the fourth quarter. Tortoise Investment Management LLC now owns 682 shares of the utilities provider’s stock valued at $59,000 after acquiring an additional 334 shares during the period. Finally, Massey Quick Simon & CO. LLC lifted its stake in shares of Duke Energy by 1,681.8% during the fourth quarter. Massey Quick Simon & CO. LLC now owns 784 shares of the utilities provider’s stock valued at $68,000 after acquiring an additional 740 shares during the period. 61.97% of the stock is currently owned by institutional investors.

In other Duke Energy news, EVP Lloyd M. Yates sold 3,500 shares of the stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $88.51, for a total value of $309,785.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Dhiaa M. Jamil sold 750 shares of the stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $89.75, for a total value of $67,312.50. The disclosure for this sale can be found here. Insiders sold 21,250 shares of company stock valued at $1,900,878 over the last 90 days. Corporate insiders own 0.08% of the company’s stock.

DUK has been the topic of several research reports. Barclays upped their price target on Duke Energy from $86.00 to $88.00 and gave the company a “hold” rating in a research note on Monday, November 19th. ValuEngine upgraded Duke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, November 21st. Zacks Investment Research upgraded Duke Energy from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a report on Wednesday, December 12th. Bank of America downgraded Duke Energy from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $88.00 to $87.00 in a report on Wednesday, January 9th. They noted that the move was a valuation call. Finally, Morgan Stanley upped their price objective on Duke Energy from $85.00 to $88.00 and gave the company an “equal weight” rating in a report on Tuesday, February 12th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. Duke Energy presently has an average rating of “Hold” and a consensus target price of $85.08.

NYSE DUK opened at $90.65 on Friday. The stock has a market capitalization of $65.90 billion, a P/E ratio of 19.21, a P/E/G ratio of 3.64 and a beta of 0.06. The company has a quick ratio of 0.44, a current ratio of 0.65 and a debt-to-equity ratio of 1.17. Duke Energy Corp has a 12 month low of $71.96 and a 12 month high of $91.35.

Duke Energy (NYSE:DUK) last released its quarterly earnings data on Thursday, February 14th. The utilities provider reported $0.84 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.05). The company had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $5.84 billion. Duke Energy had a net margin of 10.87% and a return on equity of 7.80%. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.94 EPS. On average, equities research analysts predict that Duke Energy Corp will post 4.97 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 18th. Shareholders of record on Friday, February 15th will be issued a $0.9275 dividend. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $3.71 annualized dividend and a dividend yield of 4.09%. Duke Energy’s dividend payout ratio (DPR) is currently 78.60%.

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About Duke Energy

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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