Calamos Advisors LLC lessened its stake in shares of Duke Energy Corp (NYSE:DUK) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 193,194 shares of the utilities provider’s stock after selling 2,299 shares during the quarter. Calamos Advisors LLC’s holdings in Duke Energy were worth $17,621,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in DUK. Vanguard Group Inc. boosted its holdings in shares of Duke Energy by 1.9% during the second quarter. Vanguard Group Inc. now owns 59,914,178 shares of the utilities provider’s stock worth $5,286,827,000 after purchasing an additional 1,102,963 shares during the last quarter. BlackRock Inc. boosted its holdings in Duke Energy by 1.8% in the second quarter. BlackRock Inc. now owns 50,433,503 shares of the utilities provider’s stock valued at $4,450,250,000 after acquiring an additional 888,787 shares during the last quarter. State Street Corp boosted its holdings in Duke Energy by 1.1% in the third quarter. State Street Corp now owns 37,751,534 shares of the utilities provider’s stock valued at $3,618,862,000 after acquiring an additional 398,849 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Duke Energy by 4.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 21,318,682 shares of the utilities provider’s stock valued at $2,043,609,000 after acquiring an additional 990,017 shares during the last quarter. Finally, California Public Employees Retirement System boosted its holdings in Duke Energy by 10.5% in the third quarter. California Public Employees Retirement System now owns 5,820,070 shares of the utilities provider’s stock valued at $557,912,000 after acquiring an additional 552,223 shares during the last quarter. Hedge funds and other institutional investors own 60.16% of the company’s stock.
NYSE:DUK opened at $92.49 on Thursday. The business’s 50-day moving average is $90.05 and its two-hundred day moving average is $91.24. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.72 and a quick ratio of 0.49. Duke Energy Corp has a 12 month low of $84.28 and a 12 month high of $97.37. The firm has a market capitalization of $66.56 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 3.67 and a beta of 0.06.
Duke Energy (NYSE:DUK) last released its quarterly earnings data on Friday, November 8th. The utilities provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.69 by $0.10. Duke Energy had a return on equity of 8.24% and a net margin of 14.10%. The company had revenue of $6.94 billion for the quarter, compared to analyst estimates of $7.24 billion. During the same period last year, the company posted $1.65 earnings per share. The firm’s revenue was up 4.7% compared to the same quarter last year. Equities analysts anticipate that Duke Energy Corp will post 5.03 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 14th will be given a $0.945 dividend. This represents a $3.78 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend is Thursday, February 13th. Duke Energy’s dividend payout ratio (DPR) is presently 80.08%.
A number of research analysts recently weighed in on DUK shares. Evercore ISI reiterated a “hold” rating and issued a $92.00 target price on shares of Duke Energy in a report on Wednesday, December 4th. Barclays upgraded Duke Energy from an “equal weight” rating to an “overweight” rating in a report on Wednesday, November 27th. Bank of America cut Duke Energy to an “underperform” rating and lifted their target price for the company from to in a report on Monday. Goldman Sachs Group upgraded Duke Energy from a “sell” rating to a “buy” rating and lifted their target price for the company from $88.00 to $93.00 in a report on Wednesday, November 27th. Finally, SunTrust Banks reduced their target price on Duke Energy to $90.00 and set a “hold” rating on the stock in a report on Monday, November 11th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. Duke Energy presently has a consensus rating of “Hold” and an average price target of $95.17.
About Duke Energy
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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