Duke Energy Co. (NYSE:DUK) Shares Sold by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC lowered its holdings in Duke Energy Co. (NYSE:DUK) by 17.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,526 shares of the utilities provider’s stock after selling 955 shares during the period. Fidelis Capital Partners LLC’s holdings in Duke Energy were worth $439,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Moneta Group Investment Advisors LLC grew its holdings in Duke Energy by 100,433.2% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,846,616 shares of the utilities provider’s stock valued at $808,123,000 after purchasing an additional 7,838,811 shares in the last quarter. Imprint Wealth LLC grew its holdings in Duke Energy by 8,722.3% during the 2nd quarter. Imprint Wealth LLC now owns 1,127,837 shares of the utilities provider’s stock valued at $112,784,000 after purchasing an additional 1,115,053 shares in the last quarter. Morgan Stanley grew its holdings in Duke Energy by 11.5% during the 4th quarter. Morgan Stanley now owns 10,018,171 shares of the utilities provider’s stock valued at $1,031,772,000 after purchasing an additional 1,037,012 shares in the last quarter. Wellington Management Group LLP grew its holdings in Duke Energy by 4.6% during the 3rd quarter. Wellington Management Group LLP now owns 23,010,030 shares of the utilities provider’s stock valued at $2,030,865,000 after purchasing an additional 1,002,157 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in Duke Energy by 9,164.0% during the 4th quarter. International Assets Investment Management LLC now owns 979,294 shares of the utilities provider’s stock valued at $95,031,000 after purchasing an additional 968,723 shares in the last quarter. Institutional investors and hedge funds own 65.31% of the company’s stock.

Duke Energy Trading Up 2.4 %

Duke Energy stock opened at $98.24 on Friday. Duke Energy Co. has a 52-week low of $83.06 and a 52-week high of $100.39. The firm has a market capitalization of $75.79 billion, a price-to-earnings ratio of 27.67, a PEG ratio of 2.55 and a beta of 0.46. The firm has a 50-day moving average price of $94.20 and a two-hundred day moving average price of $93.32. The company has a quick ratio of 0.49, a current ratio of 0.74 and a debt-to-equity ratio of 1.50.

Duke Energy (NYSE:DUK) last released its quarterly 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 company had revenue of $7.21 billion for the quarter, compared to the consensus estimate of $7.24 billion. During the same quarter last year, the firm posted $1.11 earnings per share. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. Sell-side analysts expect that Duke Energy Co. will post 5.99 earnings per share for the current year.

Insiders Place Their Bets

In other Duke Energy news, EVP Louis E. Renjel sold 3,000 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $92.57, for a total transaction of $277,710.00. Following the sale, the executive vice president now directly owns 14,213 shares in the company, valued at approximately $1,315,697.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on DUK. 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 note on Thursday, April 11th. KeyCorp increased their price objective on shares of Duke Energy from $106.00 to $107.00 and gave the company an “overweight” rating in a research note on Thursday, January 4th. Wells Fargo & Company reduced their price objective on shares of Duke Energy from $103.00 to $100.00 and set an “overweight” rating on the stock in a research note on Friday, February 9th. BMO Capital Markets reduced their price objective on shares of Duke Energy from $101.00 to $99.00 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, 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 note on Friday, April 5th. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $101.17.

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.