Curi RMB Capital LLC Has $1.66 Million Stock Holdings in Duke Energy Co. (NYSE:DUK)

Curi RMB Capital LLC grew its stake in Duke Energy Co. (NYSE:DUK) by 4.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 15,406 shares of the utilities provider’s stock after buying an additional 716 shares during the period. Curi RMB Capital LLC’s holdings in Duke Energy were worth $1,660,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP boosted its holdings in Duke Energy by 2.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,891,730 shares of the utilities provider’s stock worth $203,815,000 after buying an additional 49,150 shares during the last quarter. First Trust Advisors LP boosted its stake in Duke Energy by 11.6% during the 4th quarter. First Trust Advisors LP now owns 1,666,892 shares of the utilities provider’s stock worth $179,591,000 after acquiring an additional 173,681 shares during the last quarter. Forum Financial Management LP acquired a new position in Duke Energy during the fourth quarter valued at approximately $222,000. Generation Capital Management LLC bought a new stake in Duke Energy in the fourth quarter valued at approximately $300,000. Finally, Holcombe Financial Inc. bought a new position in shares of Duke Energy during the fourth quarter worth $307,000. 65.31% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DUK has been the subject of a number of research analyst reports. BMO Capital Markets decreased their target price on Duke Energy from $128.00 to $123.00 and set an “outperform” rating for the company in a research note on Thursday, April 10th. UBS Group increased their target price on Duke Energy from $123.00 to $127.00 and gave the stock a “neutral” rating in a research note on Friday, March 21st. Jefferies Financial Group raised their target price on shares of Duke Energy from $129.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Guggenheim increased their price objective on shares of Duke Energy from $132.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Duke Energy from $114.00 to $121.00 and gave the company a “neutral” rating in a research report on Tuesday, March 11th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $123.87.

Duke Energy Stock Up 1.1 %

DUK stock opened at $121.65 on Monday. The company has a market cap of $94.52 billion, a price-to-earnings ratio of 21.30, a P/E/G ratio of 2.79 and a beta of 0.39. Duke Energy Co. has a twelve month low of $96.68 and a twelve month high of $125.27. The business has a 50 day moving average price of $117.56 and a two-hundred day moving average price of $114.07. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of 1.52.

Duke Energy (NYSE:DUK) last issued its earnings results on Thursday, February 13th. The utilities provider reported $1.66 earnings per share for the quarter, topping 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%. Analysts anticipate that Duke Energy Co. will post 6.33 EPS for the current fiscal year.

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.