WINTON GROUP Ltd Increases Holdings in Duke Energy Corporation (DUK)
WINTON GROUP Ltd lifted its stake in shares of Duke Energy Corporation (NYSE:DUK) by 215.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,554 shares of the utilities provider’s stock after acquiring an additional 7,893 shares during the period. WINTON GROUP Ltd’s holdings in Duke Energy Corporation were worth $966,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of DUK. Winfield Associates Inc. raised its holdings in shares of Duke Energy Corporation by 14.3% during the 2nd quarter. Winfield Associates Inc. now owns 1,322 shares of the utilities provider’s stock worth $111,000 after acquiring an additional 165 shares during the period. Daiwa SB Investments Ltd. purchased a new position in shares of Duke Energy Corporation during the 2nd quarter worth $130,000. Jacobi Capital Management LLC raised its holdings in shares of Duke Energy Corporation by 104.1% during the 1st quarter. Jacobi Capital Management LLC now owns 1,980 shares of the utilities provider’s stock worth $164,000 after acquiring an additional 1,010 shares during the period. Camarda Financial Advisors LLC raised its holdings in shares of Duke Energy Corporation by 357.1% during the 2nd quarter. Camarda Financial Advisors LLC now owns 2,130 shares of the utilities provider’s stock worth $178,000 after acquiring an additional 1,664 shares during the period. Finally, Westwood Holdings Group Inc. purchased a new position in shares of Duke Energy Corporation during the 2nd quarter worth $181,000. Institutional investors and hedge funds own 56.30% of the company’s stock.
Duke Energy Corporation (DUK) opened at $88.81 on Wednesday. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.71 and a quick ratio of 0.41. The stock has a market capitalization of $62,059.84, a PE ratio of 19.92, a PEG ratio of 4.85 and a beta of 0.26. Duke Energy Corporation has a 52 week low of $72.34 and a 52 week high of $91.80.
Duke Energy Corporation (NYSE:DUK) last announced its quarterly earnings data on Friday, November 3rd. The utilities provider reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.03. The business had revenue of $6.48 billion during the quarter, compared to analysts’ expectations of $7.43 billion. Duke Energy Corporation had a return on equity of 7.54% and a net margin of 9.09%. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.68 EPS. sell-side analysts expect that Duke Energy Corporation will post 4.56 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Friday, November 17th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 4.01%. The ex-dividend date is Thursday, November 16th. Duke Energy Corporation’s payout ratio is presently 117.49%.
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A number of analysts recently issued reports on the company. ValuEngine raised Duke Energy Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. Wolfe Research raised Duke Energy Corporation from an “underperform” rating to a “market perform” rating in a research report on Thursday, November 9th. SunTrust Banks, Inc. reissued a “hold” rating and set a $90.00 price objective on shares of Duke Energy Corporation in a research report on Monday, November 6th. Zacks Investment Research downgraded Duke Energy Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, September 12th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $87.00 price objective on shares of Duke Energy Corporation in a research report on Tuesday, November 7th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $86.90.
In other news, EVP Lloyd M. Yates sold 5,000 shares of Duke Energy Corporation stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $89.95, for a total value of $449,750.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.07% of the company’s stock.
Duke Energy Corporation Company Profile
Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.
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