Savant Capital LLC Trims Stock Holdings in Duke Energy Co. (NYSE:DUK)

Savant Capital LLC lowered its position in shares of Duke Energy Co. (NYSE:DUK) by 0.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,632 shares of the utilities provider’s stock after selling 130 shares during the period. Savant Capital LLC’s holdings in Duke Energy were worth $7,727,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Sugarloaf Wealth Management LLC lifted its holdings in shares of Duke Energy by 13.9% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 2,826 shares of the utilities provider’s stock worth $274,000 after acquiring an additional 344 shares during the last quarter. Catalyst Financial Partners LLC raised its holdings in Duke Energy by 28.6% during the 3rd quarter. Catalyst Financial Partners LLC now owns 4,023 shares of the utilities provider’s stock valued at $355,000 after buying an additional 894 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in Duke Energy by 4.5% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 25,824 shares of the utilities provider’s stock valued at $2,545,000 after buying an additional 1,122 shares during the last quarter. Wagner Wealth Management LLC raised its holdings in Duke Energy by 3.4% in the 4th quarter. Wagner Wealth Management LLC now owns 17,421 shares of the utilities provider’s stock worth $1,691,000 after purchasing an additional 576 shares in the last quarter. Finally, ORG Partners LLC raised its holdings in Duke Energy by 31.2% in the 4th quarter. ORG Partners LLC now owns 1,300 shares of the utilities provider’s stock worth $126,000 after purchasing an additional 309 shares in the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Insider Buying and Selling at Duke Energy

In other Duke Energy news, EVP Louis E. Renjel sold 3,000 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $92.57, for a total transaction of $277,710.00. Following the completion of the sale, the executive vice president now directly owns 14,213 shares of the company’s stock, valued at approximately $1,315,697.41. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.14% of the company’s stock.

Duke Energy Price Performance

Shares of NYSE:DUK opened at $98.66 on Wednesday. The firm’s 50 day moving average price is $95.10 and its 200-day moving average price is $93.94. Duke Energy Co. has a twelve month low of $83.06 and a twelve month high of $99.92. The company has a quick ratio of 0.49, a current ratio of 0.74 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $76.11 billion, a PE ratio of 27.68, a price-to-earnings-growth ratio of 2.63 and a beta of 0.46.

Duke Energy (NYSE:DUK) last released its earnings results on Thursday, February 8th. The utilities provider reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). Duke Energy had a return on equity of 8.93% and a net margin of 9.78%. The firm had revenue of $7.21 billion for the quarter, compared to the consensus estimate of $7.24 billion. During the same quarter in the previous year, the business posted $1.11 EPS. Duke Energy’s revenue was down 1.9% on a year-over-year basis. Equities research analysts expect that Duke Energy Co. will post 5.98 EPS for the current year.

Analyst Upgrades and Downgrades

DUK has been the topic of a number of recent research reports. Wells Fargo & Company reduced their target price on shares of Duke Energy from $103.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, February 9th. BMO Capital Markets reduced their target price on shares of Duke Energy from $101.00 to $99.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 16th. Barclays upped their target price on shares of Duke Energy from $99.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, April 15th. Mizuho increased their price objective on shares of Duke Energy from $89.00 to $99.00 and gave the company a “neutral” rating in a research report on Friday, April 5th. Finally, Bank of America increased their price objective on shares of Duke Energy from $96.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $100.62.

Duke Energy Company Profile

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.