CapWealth Advisors LLC Has $262,000 Stock Holdings in Duke Energy Co. (NYSE:DUK)

CapWealth Advisors LLC lessened its holdings in shares of Duke Energy Co. (NYSE:DUK) by 7.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,698 shares of the utilities provider’s stock after selling 205 shares during the period. CapWealth Advisors LLC’s holdings in Duke Energy were worth $262,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of DUK. CKW Financial Group acquired a new stake in Duke Energy during the 3rd quarter worth $25,000. Chilton Capital Management LLC acquired a new stake in Duke Energy during the 1st quarter worth $28,000. FSC Wealth Advisors LLC acquired a new stake in Duke Energy during the 3rd quarter worth $29,000. Fairfield Bush & CO. acquired a new stake in Duke Energy during the 1st quarter worth $40,000. Finally, Compass Wealth Management LLC acquired a new stake in Duke Energy during the 4th quarter worth $41,000. Institutional investors and hedge funds own 65.31% of the company’s stock.

Duke Energy Stock Up 0.1 %

DUK traded up $0.14 during trading on Thursday, hitting $94.64. The company had a trading volume of 439,605 shares, compared to its average volume of 2,973,190. The company has a market capitalization of $73.01 billion, a PE ratio of 26.62, a PEG ratio of 2.47 and a beta of 0.46. Duke Energy Co. has a one year low of $83.06 and a one year high of $100.39. The firm’s 50-day moving average price is $94.00 and its 200 day moving average price is $93.22. The company has a quick ratio of 0.49, a current ratio of 0.74 and a debt-to-equity ratio of 1.50.

Duke Energy (NYSE:DUK) last posted its quarterly earnings data on Thursday, February 8th. The utilities provider reported $1.51 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.02). Duke Energy had a net margin of 9.78% and a return on equity of 8.93%. The company had revenue of $7.21 billion during the quarter, compared to the consensus estimate of $7.24 billion. During the same period in the prior year, the firm posted $1.11 earnings per share. The company’s revenue was down 1.9% compared to the same quarter last year. As a group, equities analysts expect that Duke Energy Co. will post 5.99 earnings per share for the current year.

Insiders Place Their Bets

In other Duke Energy news, EVP Louis E. Renjel sold 3,000 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $92.57, for a total transaction of $277,710.00. Following the sale, the executive vice president now directly owns 14,213 shares of the company’s stock, valued at approximately $1,315,697.41. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

DUK has been the subject of several research analyst reports. Mizuho boosted their price target on shares of Duke Energy from $89.00 to $99.00 and gave the company a “neutral” rating in a report on Friday, April 5th. BMO Capital Markets decreased their price target on shares of Duke Energy from $101.00 to $99.00 and set an “outperform” rating for the company in a report on Tuesday. Bank of America boosted their price target on shares of Duke Energy from $96.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. Royal Bank of Canada raised shares of Duke Energy from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $101.00 to $113.00 in a report on Wednesday, January 10th. Finally, Wells Fargo & Company decreased their price target on shares of Duke Energy from $103.00 to $100.00 and set an “overweight” rating for the company in a report on Friday, February 9th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $101.17.

Duke Energy Company Profile

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.