Duke Energy Co. (NYSE:DUK) Shares Bought by Tudor Financial Inc.

Tudor Financial Inc. raised its position in Duke Energy Co. (NYSE:DUK) by 33.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,387 shares of the utilities provider’s stock after acquiring an additional 1,363 shares during the quarter. Tudor Financial Inc.’s holdings in Duke Energy were worth $580,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DUK. Legacy Investment Solutions LLC acquired a new position in shares of Duke Energy during the third quarter worth about $29,000. Northwest Investment Counselors LLC acquired a new position in shares of Duke Energy during the third quarter worth about $30,000. Winch Advisory Services LLC boosted its holdings in Duke Energy by 332.9% in the fourth quarter. Winch Advisory Services LLC now owns 316 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 243 shares in the last quarter. Reston Wealth Management LLC acquired a new position in Duke Energy in the third quarter valued at approximately $38,000. Finally, Catalyst Capital Advisors LLC boosted its holdings in Duke Energy by 100.0% in the third quarter. Catalyst Capital Advisors LLC now owns 334 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 167 shares in the last quarter. 65.31% of the stock is owned by institutional investors and hedge funds.

Duke Energy Stock Performance

NYSE:DUK opened at $109.34 on Tuesday. The company has a quick ratio of 0.45, a current ratio of 0.70 and a debt-to-equity ratio of 1.55. The company has a market cap of $84.47 billion, a P/E ratio of 20.10, a P/E/G ratio of 2.64 and a beta of 0.49. Duke Energy Co. has a fifty-two week low of $90.09 and a fifty-two week high of $121.25. The firm’s 50 day moving average is $110.47 and its two-hundred day moving average is $112.05.

Duke Energy (NYSE:DUK) last released its quarterly earnings data on Thursday, November 7th. The utilities provider reported $1.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.11). The business had revenue of $8.16 billion during the quarter, compared to analyst estimates of $8.06 billion. Duke Energy had a return on equity of 9.34% and a net margin of 14.31%. Duke Energy’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.94 EPS. Analysts expect that Duke Energy Co. will post 5.94 EPS for the current year.

Duke Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 14th will be issued a dividend of $1.045 per share. This represents a $4.18 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date is Friday, February 14th. Duke Energy’s payout ratio is 76.84%.

Wall Street Analyst Weigh In

DUK has been the subject of a number of research analyst reports. KeyCorp downgraded Duke Energy from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 22nd. Mizuho raised Duke Energy from a “neutral” rating to an “outperform” rating and upped their price target for the company from $116.00 to $121.00 in a report on Tuesday, October 15th. Barclays boosted their price objective on Duke Energy from $102.00 to $118.00 and gave the company an “overweight” rating in a research note on Tuesday, October 1st. Morgan Stanley cut their price target on Duke Energy from $122.00 to $118.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. Finally, Scotiabank upped their target price 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $122.23.

Duke Energy Profile

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.