Duke Energy Co. (NYSE:DUK) Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. boosted its position in shares of Duke Energy Co. (NYSE:DUK) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 367,621 shares of the utilities provider’s stock after purchasing an additional 4,517 shares during the period. Asset Management One Co. Ltd.’s holdings in Duke Energy were worth $39,828,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in DUK. Pathway Financial Advisers LLC grew its holdings in Duke Energy by 11,471.4% during the 3rd quarter. Pathway Financial Advisers LLC now owns 6,777,973 shares of the utilities provider’s stock worth $781,500,000 after acquiring an additional 6,719,398 shares in the last quarter. Groupama Asset Managment acquired a new position in Duke Energy during the 3rd quarter worth $2,537,000. Zimmer Partners LP acquired a new position in Duke Energy during the 3rd quarter worth $166,263,000. Assenagon Asset Management S.A. grew its holdings in Duke Energy by 155.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,873,321 shares of the utilities provider’s stock worth $201,832,000 after acquiring an additional 1,138,979 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in Duke Energy by 13,829.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,125,607 shares of the utilities provider’s stock worth $129,782,000 after acquiring an additional 1,117,526 shares in the last quarter. 65.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on DUK shares. Morgan Stanley decreased their price objective on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. BMO Capital Markets raised their price target on shares of Duke Energy from $119.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, February 3rd. KeyCorp downgraded shares of Duke Energy from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, October 22nd. Finally, Scotiabank raised their price target on shares of Duke Energy from $113.00 to $120.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $122.08.

Duke Energy Trading Down 2.0 %

Shares of NYSE:DUK opened at $111.69 on Friday. The company has a market cap of $86.27 billion, a PE ratio of 20.53, a P/E/G ratio of 2.83 and a beta of 0.50. The company’s 50-day moving average price is $109.86 and its 200 day moving average price is $112.94. Duke Energy Co. has a fifty-two week low of $90.09 and a fifty-two week high of $121.25. The company has a quick ratio of 0.45, a current ratio of 0.70 and a debt-to-equity ratio of 1.55.

Duke Energy (NYSE:DUK) last released its earnings results on Thursday, February 13th. The utilities provider reported $1.66 EPS for the quarter, beating the consensus estimate of $1.61 by $0.05. Duke Energy had a net margin of 14.31% and a return on equity of 9.34%. Sell-side analysts anticipate that Duke Energy Co. will post 5.91 earnings per share for the current year.

Duke Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 14th will be paid a dividend of $1.045 per share. The ex-dividend date is Friday, February 14th. This represents a $4.18 annualized dividend and a yield of 3.74%. Duke Energy’s payout ratio is 76.84%.

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.