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Several other hedge funds also recently made changes to their positions in the company. Quent Capital LLC boosted its position in Duke Energy by 3.0% during the first quarter. Quent Capital LLC now owns 2,993 shares of the utilities provider's stock worth $365,000 after purchasing an additional 86 shares in the last quarter. Wilmington Savings Fund Society FSB grew its stake in Duke Energy by 0.3% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 31,353 shares of the utilities provider's stock valued at $3,378,000 after acquiring an additional 93 shares in the last quarter. V Square Quantitative Management LLC increased its holdings in shares of Duke Energy by 1.3% in the fourth quarter. V Square Quantitative Management LLC now owns 7,233 shares of the utilities provider's stock valued at $779,000 after purchasing an additional 96 shares during the last quarter. Cravens & Co Advisors LLC boosted its position in shares of Duke Energy by 3.9% during the 4th quarter. Cravens & Co Advisors LLC now owns 2,624 shares of the utilities provider's stock valued at $283,000 after acquiring an additional 98 shares during the last quarter. Finally, Chicago Capital LLC grew its stake in shares of Duke Energy by 1.0% in the 4th quarter. Chicago Capital LLC now owns 10,263 shares of the utilities provider's stock valued at $1,106,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 65.31% of the company's stock.
Shares of NYSE DUK traded down $0.35 during trading hours on Thursday, hitting $115.63. 2,442,440 shares of the stock were exchanged, compared to its average volume of 3,449,926. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.44 and a current ratio of 0.67. Duke Energy Co. has a 1-year low of $99.21 and a 1-year high of $125.27. The company has a market cap of $89.88 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 2.79 and a beta of 0.37. The company's fifty day simple moving average is $118.54 and its two-hundred day simple moving average is $114.89.
Duke Energy (Get Free Report) last announced its earnings results on Tuesday, May 6th. The utilities provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.59 by $0.17. The business had revenue of $8.25 billion for the quarter, compared to analysts' expectations of $7.70 billion. Duke Energy had a return on equity of 9.50% and a net margin of 14.90%. The firm's revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.44 earnings per share. On average, sell-side analysts predict that Duke Energy Co. will post 6.33 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 16th will be given a dividend of $1.045 per share. This represents a $4.18 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date is Friday, May 16th. Duke Energy's payout ratio is 69.32%.
Several research analysts have recently commented on the company. Barclays raised their price target on Duke Energy from $111.00 to $123.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 8th. JPMorgan Chase & Co. increased their target price on shares of Duke Energy from $114.00 to $121.00 and gave the company a "neutral" rating in a research report on Tuesday, March 11th. BMO Capital Markets decreased their price target on shares of Duke Energy from $128.00 to $123.00 and set an "outperform" rating for the company in a research note on Thursday, April 10th. UBS Group boosted their target price on Duke Energy from $126.00 to $127.00 and gave the company a "neutral" rating in a report on Monday. Finally, Citigroup raised their price target on Duke Energy from $130.00 to $142.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. Seven equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Duke Energy presently has an average rating of "Moderate Buy" and a consensus target price of $125.81.
Read Our Latest Analysis on DUK
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.
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