13,141 Shares in Duke Energy Corporation (NYSE:DUK) Acquired by Aurora Private Wealth Inc.

Aurora Private Wealth Inc. acquired a new position in Duke Energy Corporation (NYSE:DUK) during the first quarter, Holdings Channel reports. The firm acquired 13,141 shares of the utilities provider’s stock, valued at approximately $1,603,000.

Several other institutional investors have also modified their holdings of the company. Vermillion Wealth Management Inc. acquired a new position in shares of Duke Energy in the 4th quarter worth approximately $27,000. Parkworth Wealth Management Inc. acquired a new stake in shares of Duke Energy during the fourth quarter worth $28,000. Mattson Financial Services LLC purchased a new stake in shares of Duke Energy during the fourth quarter valued at $28,000. WealthTrak Capital Management LLC acquired a new position in shares of Duke Energy in the 4th quarter valued at $30,000. Finally, Rakuten Securities Inc. raised its holdings in Duke Energy by 1,500.0% during the 4th quarter. Rakuten Securities Inc. now owns 288 shares of the utilities provider’s stock worth $31,000 after buying an additional 270 shares during the period. Institutional investors and hedge funds own 65.31% of the company’s stock.

Duke Energy Stock Up 0.0%

Shares of Duke Energy stock opened at $116.98 on Wednesday. Duke Energy Corporation has a 12-month low of $99.21 and a 12-month high of $125.27. The stock has a market capitalization of $90.92 billion, a P/E ratio of 19.40, a PEG ratio of 2.92 and a beta of 0.37. The company has a quick ratio of 0.50, a current ratio of 0.77 and a debt-to-equity ratio of 1.57. The stock has a 50 day moving average price of $117.81 and a two-hundred day moving average price of $114.97.

Duke Energy (NYSE:DUK) last posted its earnings results on Tuesday, May 6th. The utilities provider reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.17. Duke Energy had a net margin of 15.40% and a return on equity of 9.88%. The business had revenue of $8.25 billion for the quarter, compared to analyst estimates of $7.70 billion. During the same period last year, the business posted $1.44 EPS. Duke Energy’s revenue was up 7.5% compared to the same quarter last year. Equities analysts expect that Duke Energy Corporation will post 6.33 earnings per share for the current year.

Duke Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Friday, May 16th were issued a $1.045 dividend. This represents a $4.18 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date of this dividend was Friday, May 16th. Duke Energy’s dividend payout ratio (DPR) is currently 69.32%.

Analyst Upgrades and Downgrades

DUK has been the subject of several research analyst reports. Raymond James Financial assumed coverage on shares of Duke Energy in a research report on Friday, June 13th. They issued a “market perform” rating for the company. BMO Capital Markets reduced their target price on Duke Energy from $128.00 to $123.00 and set an “outperform” rating for the company in a report on Thursday, April 10th. Guggenheim lifted their price target on Duke Energy from $132.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, March 5th. UBS Group reissued a “neutral” rating and issued a $127.00 price objective (up from $126.00) on shares of Duke Energy in a research note on Monday, June 2nd. Finally, Barclays lifted their target price on Duke Energy from $111.00 to $123.00 and gave the company an “overweight” rating in a research note on Tuesday, April 8th. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.75.

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.