4,174 Shares of Duke Energy Corporation $DUK Bought by International Private Wealth Advisors LLC

International Private Wealth Advisors LLC bought a new stake in Duke Energy Corporation (NYSE:DUK – Free Report) during the third quarter, HoldingsChannel.com reports. The firm bought 4,174 shares of the utilities provider’s stock, valued at approximately $476,000.

Several other institutional investors have also recently bought and sold shares of the business. Fulcrum Asset Management LLP bought a new position in shares of Duke Energy in the third quarter worth about $29,000. Evergreen Advisors LLC acquired a new stake in shares of Duke Energy in the 1st quarter valued at approximately $36,000. Livelsberger Financial Advisory bought a new stake in shares of Duke Energy during the 3rd quarter valued at approximately $31,000. Compass Wealth Management LLC bought a new stake in shares of Duke Energy during the 3rd quarter valued at approximately $33,000. Finally, Dynamic Wealth Strategies LLC bought a new stake in shares of Duke Energy during the 1st quarter valued at approximately $38,000. Institutional investors and hedge funds own 65.31% of the company’s stock.

Duke Energy Price Performance

Shares of DUK opened at $128.75 on Thursday. The company has a quick ratio of 0.44, a current ratio of 0.68 and a debt-to-equity ratio of 1.49. The stock has a market cap of $100.39 billion, a PE ratio of 18.82, a PEG ratio of 3.00 and a beta of 0.33. Duke Energy Corporation has a 12-month low of $112.40 and a 12-month high of $134.49. The business has a 50-day simple moving average of $120.35 and a two-hundred day simple moving average of $124.67.

Duke Energy (NYSE:DUK – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The utilities provider reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.13. The firm had revenue of $9.10 billion for the quarter, compared to analyst estimates of $8.91 billion. Duke Energy had a return on equity of 9.82% and a net margin of 15.94%. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period last year, the firm posted $1.81 earnings per share. Analysts anticipate that Duke Energy Corporation will post 6.73 earnings per share for the current fiscal year.

Duke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Friday, November 13th will be issued a $1.0850 dividend. This represents a $4.34 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Friday, November 13th. Duke Energy’s dividend payout ratio (DPR) is 63.45%.

Insider Transactions at Duke Energy

In related news, EVP Bonnie Titone sold 2,900 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $128.00, for a total value of $371,200.00. Following the completion of the transaction, the executive vice president owned 26,111 shares in the company, valued at $3,342,208. This trade represents a 10.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.12% of the stock is currently owned by company insiders.

Top Duke Energy Stories

Here are a few of the latest stories about DUK:

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Jefferies Financial Group reiterated a “hold” rating and set a $121.00 price objective on shares of Duke Energy in a research report on Monday, October 12th. Mizuho set a $136.00 target price on shares of Duke Energy in a research report on Wednesday, August 5th. Truist Financial decreased their target price on shares of Duke Energy from $135.00 to $130.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Wall Street Zen cut shares of Duke Energy from a “hold” rating to a “sell” rating in a research note on Saturday, November 7th. Finally, BTIG Research reiterated a “buy” rating on shares of Duke Energy in a report on Thursday, July 23rd. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Duke Energy currently has an average rating of “Moderate Buy” and an average price target of $132.19.

Check Out Our Latest Report on Duke Energy

Duke Energy Profile

(Free Report)

Duke Energy is a U.S. energy company focused primarily on regulated electric utilities and natural gas distribution. Its businesses generate, transmit and distribute electricity, and provide natural gas service to residential, commercial and industrial customers. The company serves electric customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its natural gas distribution operations serve customers in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.

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

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