Janus Henderson Group PLC grew its position in Duke Energy Corporation (NYSE:DUK) by 259.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 830,534 shares of the utilities provider’s stock after buying an additional 599,761 shares during the period. Janus Henderson Group PLC owned 0.12% of Duke Energy Corporation worth $69,425,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the company. Winfield Associates Inc. boosted its position in shares of Duke Energy Corporation by 14.3% during the 2nd quarter. Winfield Associates Inc. now owns 1,322 shares of the utilities provider’s stock worth $111,000 after purchasing an additional 165 shares during the period. Jolley Asset Management LLC boosted its position in shares of Duke Energy Corporation by 26.4% during the 2nd quarter. Jolley Asset Management LLC now owns 1,499 shares of the utilities provider’s stock worth $125,000 after purchasing an additional 313 shares during the period. Daiwa SB Investments Ltd. purchased a new position in shares of Duke Energy Corporation during the 2nd quarter worth approximately $130,000. Jacobi Capital Management LLC boosted its position in shares of Duke Energy Corporation by 104.1% during the 1st quarter. Jacobi Capital Management LLC now owns 1,980 shares of the utilities provider’s stock worth $164,000 after purchasing an additional 1,010 shares during the period. Finally, Camarda Financial Advisors LLC boosted its position in shares of Duke Energy Corporation by 357.1% during the 2nd quarter. Camarda Financial Advisors LLC now owns 2,130 shares of the utilities provider’s stock worth $178,000 after purchasing an additional 1,664 shares during the period. 56.29% of the stock is owned by institutional investors and hedge funds.
Shares of Duke Energy Corporation (NYSE:DUK) opened at $91.09 on Wednesday. Duke Energy Corporation has a fifty-two week low of $72.34 and a fifty-two week high of $91.14. The firm has a market cap of $62,913.80, a price-to-earnings ratio of 20.20, a PEG ratio of 4.91 and a beta of 0.26. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.71 and a quick ratio of 0.41.
Duke Energy Corporation (NYSE:DUK) last announced its quarterly earnings data on Friday, November 3rd. The utilities provider reported $1.59 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.56 by $0.03. Duke Energy Corporation had a net margin of 9.09% and a return on equity of 7.54%. The business had revenue of $6.48 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period last year, the business earned $1.68 EPS. The company’s revenue was down 1.4% on a year-over-year basis. sell-side analysts anticipate that Duke Energy Corporation will post 4.56 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Friday, November 17th will be issued a $0.89 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 3.91%. Duke Energy Corporation’s payout ratio is 117.49%.
A number of equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of Duke Energy Corporation from a “sell” rating to a “hold” rating in a research report on Monday, October 30th. BidaskClub raised shares of Duke Energy Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Bank of America Corporation reaffirmed a “neutral” rating and set a $92.00 price objective on shares of Duke Energy Corporation in a research report on Tuesday, October 24th. SunTrust Banks, Inc. reiterated a “hold” rating and set a $88.00 target price on shares of Duke Energy Corporation in a report on Thursday, October 12th. Finally, Morgan Stanley increased their target price on shares of Duke Energy Corporation from $89.00 to $92.00 and gave the stock an “equal weight” rating in a report on Friday, September 8th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $86.90.
In other 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.07% of the stock is currently owned by company insiders.
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About Duke Energy Corporation
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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