Tokio Marine Asset Management Co. Ltd. Has $1.28 Million Stake in Duke Energy Corp (DUK)

Tokio Marine Asset Management Co. Ltd. reduced its position in Duke Energy Corp (NYSE:DUK) by 8.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,257 shares of the utilities provider’s stock after selling 1,469 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Duke Energy were worth $1,283,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of DUK. Hudock Capital Group LLC boosted its stake in Duke Energy by 0.3% during the second quarter. Hudock Capital Group LLC now owns 8,370 shares of the utilities provider’s stock worth $699,000 after acquiring an additional 24 shares in the last quarter. Shoker Investment Counsel Inc. boosted its stake in Duke Energy by 0.6% during the second quarter. Shoker Investment Counsel Inc. now owns 4,512 shares of the utilities provider’s stock worth $377,000 after acquiring an additional 28 shares in the last quarter. Laurel Wealth Advisors Inc. boosted its stake in Duke Energy by 0.3% during the second quarter. Laurel Wealth Advisors Inc. now owns 12,643 shares of the utilities provider’s stock worth $1,056,000 after acquiring an additional 32 shares in the last quarter. South Texas Money Management Ltd. boosted its stake in Duke Energy by 1.1% during the second quarter. South Texas Money Management Ltd. now owns 3,346 shares of the utilities provider’s stock worth $280,000 after acquiring an additional 36 shares in the last quarter. Finally, Lbmc Investment Advisors LLC boosted its stake in Duke Energy by 0.8% during the second quarter. Lbmc Investment Advisors LLC now owns 5,778 shares of the utilities provider’s stock worth $483,000 after acquiring an additional 44 shares in the last quarter. 57.24% of the stock is currently owned by institutional investors.

In other Duke Energy news, EVP Lloyd M. Yates sold 5,000 shares of the firm’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $89.95, for a total value of $449,750.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.07% of the stock is currently owned by company insiders.

Several research analysts recently issued reports on the stock. ValuEngine raised shares of Duke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, November 15th. Wolfe Research raised shares of Duke Energy from an “underperform” rating to a “market perform” rating in a research note on Thursday, November 9th. SunTrust Banks reissued a “hold” rating and set a $90.00 target price on shares of Duke Energy in a research note on Monday, November 6th. Zacks Investment Research raised shares of Duke Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, December 12th. Finally, Royal Bank of Canada reissued a “buy” rating and set a $87.00 target price on shares of Duke Energy in a research note on Tuesday, November 7th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the stock. Duke Energy currently has an average rating of “Hold” and an average target price of $87.98.

Duke Energy Corp (DUK) opened at $74.32 on Friday. Duke Energy Corp has a 12 month low of $72.93 and a 12 month high of $91.80. The firm has a market cap of $52,078.18, a price-to-earnings ratio of 24.53, a price-to-earnings-growth ratio of 3.86 and a beta of 0.12. The company has a quick ratio of 0.41, a current ratio of 0.71 and a debt-to-equity ratio of 1.17.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Friday, February 16th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.79%. The ex-dividend date is Thursday, February 15th. Duke Energy’s dividend payout ratio (DPR) is 117.49%.

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Duke Energy Profile

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.

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

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