Duke Energy Co. (NYSE:DUK) Shares Sold by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. trimmed its holdings in Duke Energy Co. (NYSE:DUK) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,091 shares of the utilities provider’s stock after selling 155 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Duke Energy were worth $591,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. First Command Advisory Services Inc. lifted its holdings in shares of Duke Energy by 1.4% during the 4th quarter. First Command Advisory Services Inc. now owns 7,949 shares of the utilities provider’s stock worth $771,000 after acquiring an additional 110 shares during the period. Chemung Canal Trust Co. lifted its holdings in shares of Duke Energy by 0.8% during the 4th quarter. Chemung Canal Trust Co. now owns 14,483 shares of the utilities provider’s stock worth $1,405,000 after acquiring an additional 113 shares during the period. Verum Partners LLC lifted its holdings in shares of Duke Energy by 3.1% during the 4th quarter. Verum Partners LLC now owns 3,831 shares of the utilities provider’s stock worth $372,000 after acquiring an additional 115 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in shares of Duke Energy by 0.4% during the 4th quarter. J.W. Cole Advisors Inc. now owns 27,481 shares of the utilities provider’s stock worth $2,667,000 after acquiring an additional 115 shares during the period. Finally, Venturi Wealth Management LLC lifted its holdings in shares of Duke Energy by 10.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,266 shares of the utilities provider’s stock worth $123,000 after acquiring an additional 116 shares during the period. 65.31% of the stock is owned by institutional investors and hedge funds.

Duke Energy Trading Up 1.0 %

NYSE DUK opened at $98.69 on Tuesday. The company’s fifty day simple moving average is $94.98 and its 200-day simple moving average is $93.87. Duke Energy Co. has a 52 week low of $83.06 and a 52 week high of $100.13. The company has a current ratio of 0.74, a quick ratio of 0.49 and a debt-to-equity ratio of 1.50. The stock has a market cap of $76.14 billion, a P/E ratio of 27.80, a PEG ratio of 2.60 and a beta of 0.46.

Duke Energy (NYSE:DUK) last posted 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 analyst estimates of $7.24 billion. During the same period in the previous year, the firm posted $1.11 earnings per share. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. Equities research analysts predict that Duke Energy Co. will post 5.98 EPS for the current fiscal year.

Analysts Set New Price Targets

DUK has been the topic of several recent analyst reports. Royal Bank of Canada upgraded shares of Duke Energy from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $101.00 to $113.00 in a report on Wednesday, January 10th. Scotiabank reduced their price target on shares of Duke Energy from $101.00 to $94.00 and set a “sector perform” rating on the stock in a research report on Monday, April 22nd. KeyCorp lifted their price target on shares of Duke Energy from $106.00 to $107.00 and gave the company an “overweight” rating in a research report on Thursday, January 4th. Wells Fargo & Company reduced their price target 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. Finally, BMO Capital Markets reduced their price target 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. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $100.62.

Insider Buying and Selling

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

Duke Energy 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.