Duke Energy Corporation $DUK Shares Acquired by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC increased its stake in shares of Duke Energy Corporation (NYSE:DUKFree Report) by 161.4% in the 3rd quarter, Holdings Channel reports. The firm owned 20,365 shares of the utilities provider’s stock after purchasing an additional 12,573 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Duke Energy were worth $2,520,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. WealthShield Partners LLC lifted its holdings in Duke Energy by 0.3% in the 2nd quarter. WealthShield Partners LLC now owns 25,453 shares of the utilities provider’s stock valued at $3,003,000 after purchasing an additional 80 shares in the last quarter. Private Wealth Asset Management LLC increased its holdings in shares of Duke Energy by 6.4% in the second quarter. Private Wealth Asset Management LLC now owns 1,408 shares of the utilities provider’s stock valued at $166,000 after purchasing an additional 85 shares during the last quarter. Sentry LLC raised its stake in Duke Energy by 4.9% during the second quarter. Sentry LLC now owns 1,831 shares of the utilities provider’s stock worth $216,000 after purchasing an additional 86 shares during the period. Centurion Wealth Management LLC raised its position in shares of Duke Energy by 3.0% during the 2nd quarter. Centurion Wealth Management LLC now owns 2,991 shares of the utilities provider’s stock valued at $353,000 after buying an additional 87 shares during the period. Finally, Mascoma Wealth Management LLC raised its position in Duke Energy by 53.7% in the second quarter. Mascoma Wealth Management LLC now owns 249 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 87 shares during the period. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

Duke Energy Stock Performance

Shares of DUK opened at $115.57 on Monday. The company has a current ratio of 0.63, a quick ratio of 0.40 and a debt-to-equity ratio of 1.54. The stock has a market cap of $89.88 billion, a P/E ratio of 18.17, a PEG ratio of 2.66 and a beta of 0.49. Duke Energy Corporation has a 12-month low of $105.20 and a 12-month high of $130.03. The company has a 50-day moving average of $122.49 and a two-hundred day moving average of $121.23.

Duke Energy (NYSE:DUKGet Free Report) last issued its quarterly earnings results on Thursday, November 6th. The utilities provider reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.06. The company had revenue of $8.54 billion during the quarter, compared to the consensus estimate of $8.51 billion. Duke Energy had a return on equity of 9.98% and a net margin of 15.76%.Duke Energy’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.62 EPS. As a group, research analysts predict that Duke Energy Corporation will post 6.33 EPS for the current fiscal year.

Duke Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Friday, November 14th were issued a dividend of $1.065 per share. The ex-dividend date was Friday, November 14th. This represents a $4.26 annualized dividend and a dividend yield of 3.7%. Duke Energy’s payout ratio is presently 66.98%.

Insider Activity at Duke Energy

In other news, EVP Robert Alexander Glenn sold 8,200 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $123.80, for a total value of $1,015,160.00. Following the completion of the sale, the executive vice president owned 11,367 shares of the company’s stock, valued at $1,407,234.60. This represents a 41.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.14% of the stock is currently owned by corporate insiders.

Key Stores Impacting Duke Energy

Here are the key news stories impacting Duke Energy this week:

Wall Street Analyst Weigh In

DUK has been the topic of several recent analyst reports. Royal Bank Of Canada upgraded shares of Duke Energy to a “hold” rating in a report on Tuesday, October 28th. Barclays boosted their target price on Duke Energy from $131.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. The Goldman Sachs Group boosted their price objective on Duke Energy from $138.00 to $141.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Morgan Stanley set a $126.00 target price on shares of Duke Energy in a report on Tuesday, December 16th. Finally, Evercore ISI assumed coverage on shares of Duke Energy in a report on Monday, October 6th. They set an “outperform” rating and a $143.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $136.50.

Check Out Our Latest Research Report on Duke Energy

Duke Energy Profile

(Free Report)

Duke Energy Corporation is a U.S.-based electric power holding company headquartered in Charlotte, North Carolina. The company’s core business is the generation, transmission and distribution of electricity to residential, commercial and industrial customers. Duke Energy operates a mix of regulated electric utilities and non-regulated energy businesses, providing essential energy infrastructure and services across multiple states.

Its operating activities include owning and operating generation assets across a portfolio that encompasses nuclear, natural gas, coal, hydroelectric and an expanding array of renewable resources, as well as battery storage and grid modernization projects.

Further Reading

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

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