Duke Energy Corp (DUK) Shares Bought by Swiss National Bank

Swiss National Bank raised its holdings in Duke Energy Corp (NYSE:DUK) by 0.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,269,791 shares of the utilities provider’s stock after purchasing an additional 29,800 shares during the period. Swiss National Bank’s holdings in Duke Energy were worth $275,022,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Hudock Capital Group LLC lifted its position in shares of Duke Energy by 0.3% in the second quarter. Hudock Capital Group LLC now owns 8,370 shares of the utilities provider’s stock valued at $699,000 after acquiring an additional 24 shares in the last quarter. Shoker Investment Counsel Inc. lifted its position in shares of Duke Energy by 0.6% in the second quarter. Shoker Investment Counsel Inc. now owns 4,512 shares of the utilities provider’s stock valued at $377,000 after acquiring an additional 28 shares in the last quarter. Laurel Wealth Advisors Inc. lifted its position in shares of Duke Energy by 0.3% in the second quarter. Laurel Wealth Advisors Inc. now owns 12,643 shares of the utilities provider’s stock valued at $1,056,000 after acquiring an additional 32 shares in the last quarter. South Texas Money Management Ltd. lifted its position in shares of Duke Energy by 1.1% in the second quarter. South Texas Money Management Ltd. now owns 3,346 shares of the utilities provider’s stock valued at $280,000 after acquiring an additional 36 shares in the last quarter. Finally, Lbmc Investment Advisors LLC lifted its position in shares of Duke Energy by 0.8% in the second quarter. Lbmc Investment Advisors LLC now owns 5,778 shares of the utilities provider’s stock valued at $483,000 after acquiring an additional 44 shares in the last quarter. 57.24% of the stock is currently owned by institutional investors.

In related news, EVP Lloyd M. Yates sold 5,000 shares of Duke Energy stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $89.95, for a total transaction of $449,750.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.07% of the company’s stock.

Duke Energy Corp (DUK) opened at $76.10 on Friday. Duke Energy Corp has a 1 year low of $72.93 and a 1 year high of $91.80. The company has a market capitalization of $52,022.18, a P/E ratio of 16.70, a P/E/G ratio of 3.85 and a beta of 0.12. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.41 and a current ratio of 0.71.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Friday, February 16th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, February 15th. This represents a $3.56 dividend on an annualized basis and a yield of 4.68%. Duke Energy’s payout ratio is 117.49%.

Several equities analysts have recently weighed in on DUK shares. Guggenheim restated a “buy” rating and issued a $96.00 target price on shares of Duke Energy in a research report on Wednesday, January 3rd. Royal Bank of Canada restated a “buy” rating and issued a $87.00 target price on shares of Duke Energy in a research report on Tuesday, November 7th. ValuEngine upgraded Duke Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. UBS Group started coverage on Duke Energy in a research report on Friday, February 2nd. They issued a “buy” rating and a $91.00 target price on the stock. Finally, Morgan Stanley raised their target price on Duke Energy from $95.00 to $96.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 13th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company’s stock. Duke Energy presently has a consensus rating of “Hold” and a consensus target price of $87.98.

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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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