Jump Financial LLC Sells 6,540 Shares of Duke Energy Co. (NYSE:DUK)

Jump Financial LLC lessened its stake in shares of Duke Energy Co. (NYSE:DUK) by 45.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,005 shares of the utilities provider’s stock after selling 6,540 shares during the period. Jump Financial LLC’s holdings in Duke Energy were worth $862,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. ExodusPoint Capital Management LP bought a new stake in Duke Energy in the 4th quarter worth approximately $163,819,000. Assenagon Asset Management S.A. grew its holdings in shares of Duke Energy by 155.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,873,321 shares of the utilities provider’s stock valued at $201,832,000 after purchasing an additional 1,138,979 shares in the last quarter. Capital Wealth Planning LLC increased its position in Duke Energy by 116.5% in the fourth quarter. Capital Wealth Planning LLC now owns 2,065,344 shares of the utilities provider’s stock worth $222,520,000 after purchasing an additional 1,111,581 shares during the last quarter. Vanguard Group Inc. lifted its position in Duke Energy by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 72,885,939 shares of the utilities provider’s stock valued at $7,852,731,000 after purchasing an additional 779,054 shares during the last quarter. Finally, Amundi grew its stake in shares of Duke Energy by 29.2% in the 4th quarter. Amundi now owns 2,488,849 shares of the utilities provider’s stock worth $269,368,000 after buying an additional 561,784 shares in the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Duke Energy Stock Down 1.3 %

NYSE:DUK opened at $120.20 on Tuesday. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.67 and a quick ratio of 0.44. The firm has a market cap of $93.40 billion, a PE ratio of 21.05, a price-to-earnings-growth ratio of 2.79 and a beta of 0.39. The company has a 50-day moving average of $117.64 and a 200 day moving average of $114.11. Duke Energy Co. has a 1-year low of $96.68 and a 1-year high of $125.27.

Duke Energy (NYSE:DUK) last released its quarterly earnings data on Thursday, February 13th. The utilities provider reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.05. Duke Energy had a net margin of 14.90% and a return on equity of 9.50%. As a group, research analysts anticipate that Duke Energy Co. will post 6.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DUK has been the subject of several recent research reports. JPMorgan Chase & Co. lifted their price target on Duke Energy from $114.00 to $121.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 11th. Barclays lifted their target price on Duke Energy from $111.00 to $123.00 and gave the stock an “overweight” rating in a report on Tuesday, April 8th. Morgan Stanley increased their price target on Duke Energy from $123.00 to $128.00 and gave the company an “equal weight” rating in a report on Thursday, March 20th. BMO Capital Markets dropped their price objective on shares of Duke Energy from $128.00 to $123.00 and set an “outperform” rating for the company in a research note on Thursday, April 10th. Finally, Jefferies Financial Group increased their target price on shares of Duke Energy from $129.00 to $132.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $123.87.

About Duke Energy

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.