Capital Advisors Inc. OK Sells 418 Shares of Duke Energy Co. (NYSE:DUK)

Capital Advisors Inc. OK decreased its position in shares of Duke Energy Co. (NYSE:DUK) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,074 shares of the utilities provider’s stock after selling 418 shares during the quarter. Capital Advisors Inc. OK’s holdings in Duke Energy were worth $870,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DUK. Certuity LLC grew its holdings in shares of Duke Energy by 29.5% in the 4th quarter. Certuity LLC now owns 3,380 shares of the utilities provider’s stock valued at $364,000 after buying an additional 770 shares during the period. New Republic Capital LLC lifted its holdings in Duke Energy by 3.5% during the fourth quarter. New Republic Capital LLC now owns 3,693 shares of the utilities provider’s stock worth $398,000 after acquiring an additional 124 shares in the last quarter. Community Bank & Trust Waco Texas grew its stake in Duke Energy by 10.0% in the fourth quarter. Community Bank & Trust Waco Texas now owns 17,796 shares of the utilities provider’s stock valued at $1,917,000 after acquiring an additional 1,619 shares during the period. Wealthcare Capital Partners LLC bought a new stake in shares of Duke Energy in the fourth quarter worth about $296,000. Finally, Stonebridge Financial Group LLC acquired a new stake in shares of Duke Energy during the fourth quarter worth about $69,000. Institutional investors and hedge funds own 65.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on DUK. Scotiabank increased their target price on Duke Energy from $113.00 to $120.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley dropped their price objective on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. KeyCorp lowered shares of Duke Energy from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, October 22nd. Finally, BMO Capital Markets lifted their price target on Duke Energy from $119.00 to $124.00 and gave the company an “outperform” rating in a research note on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $122.08.

Duke Energy Stock Performance

DUK opened at $116.26 on Thursday. The business’s 50-day simple moving average is $109.80 and its 200 day simple moving average is $112.91. Duke Energy Co. has a 52-week low of $90.09 and a 52-week high of $121.25. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.45 and a current ratio of 0.70. The firm has a market capitalization of $89.81 billion, a PE ratio of 21.37, a PEG ratio of 2.83 and a beta of 0.50.

Duke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 14th will be issued a $1.045 dividend. This represents a $4.18 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend is Friday, February 14th. Duke Energy’s payout ratio is presently 76.84%.

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.