Duke Energy Corp (NYSE:DUK) Shares Bought by First National Trust Co

First National Trust Co raised its holdings in Duke Energy Corp (NYSE:DUK) by 3.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,462 shares of the utilities provider’s stock after buying an additional 711 shares during the period. First National Trust Co’s holdings in Duke Energy were worth $2,022,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc boosted its holdings in Duke Energy by 2.9% in the 3rd quarter. Vanguard Group Inc now owns 54,434,882 shares of the utilities provider’s stock valued at $4,355,880,000 after purchasing an additional 1,539,841 shares in the last quarter. BlackRock Inc. boosted its holdings in Duke Energy by 2.6% in the 4th quarter. BlackRock Inc. now owns 48,270,073 shares of the utilities provider’s stock valued at $4,165,706,000 after purchasing an additional 1,226,657 shares in the last quarter. Northern Trust Corp boosted its holdings in Duke Energy by 4.7% in the 4th quarter. Northern Trust Corp now owns 9,338,113 shares of the utilities provider’s stock valued at $805,879,000 after purchasing an additional 415,434 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Duke Energy by 9.2% in the 4th quarter. Geode Capital Management LLC now owns 8,951,045 shares of the utilities provider’s stock valued at $771,079,000 after purchasing an additional 750,534 shares in the last quarter. Finally, FMR LLC boosted its holdings in Duke Energy by 41.8% in the 4th quarter. FMR LLC now owns 7,411,128 shares of the utilities provider’s stock valued at $639,581,000 after purchasing an additional 2,186,456 shares in the last quarter. Institutional investors own 61.10% of the company’s stock.

Several brokerages have recently commented on DUK. Zacks Investment Research lowered Duke Energy from a “hold” rating to a “sell” rating in a research note on Wednesday. JPMorgan Chase & Co. set a $90.00 price target on Duke Energy and gave the stock a “hold” rating in a research note on Monday. Morgan Stanley boosted their price target on Duke Energy from $94.00 to $96.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 16th. Bank of America lowered Duke Energy from a “neutral” rating to an “underperform” rating in a research note on Monday, May 13th. Finally, ValuEngine lowered Duke Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $88.70.

Shares of Duke Energy stock traded up $0.73 during trading on Wednesday, hitting $87.81. 1,827,048 shares of the company were exchanged, compared to its average volume of 3,381,505. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.75 and a quick ratio of 0.49. Duke Energy Corp has a fifty-two week low of $71.96 and a fifty-two week high of $91.67. The company has a market capitalization of $63.41 billion, a P/E ratio of 18.60, a P/E/G ratio of 3.64 and a beta of 0.06.

Duke Energy (NYSE:DUK) last issued its quarterly earnings data on Thursday, May 9th. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.21 by $0.03. The firm had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.39 billion. Duke Energy had a return on equity of 7.70% and a net margin of 12.00%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.28 EPS. As a group, research analysts expect that Duke Energy Corp will post 4.95 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 17th will be issued a $0.9275 dividend. The ex-dividend date is Thursday, May 16th. This represents a $3.71 annualized dividend and a yield of 4.23%. Duke Energy’s dividend payout ratio (DPR) is presently 78.60%.

In other Duke Energy news, COO Dhiaa M. Jamil sold 750 shares of the business’s stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $89.75, for a total value of $67,312.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Lynn J. Good sold 15,000 shares of the business’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $89.92, for a total value of $1,348,800.00. The disclosure for this sale can be found here. Insiders sold a total of 22,731 shares of company stock valued at $2,027,567 over the last quarter. 0.09% of the stock is currently owned by insiders.

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Duke Energy Profile

Duke Energy Corp. engages in distribution of natural gas and energy related services. It operates through the following segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment conducts operations primarily through the regulated public utilities of Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio.

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Institutional Ownership by Quarter for Duke Energy (NYSE:DUK)

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