WBH Advisory Inc. Has $482,000 Stock Position in Duke Energy Co. (NYSE:DUK)

WBH Advisory Inc. lowered its stake in Duke Energy Co. (NYSE:DUK) by 12.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,471 shares of the utilities provider’s stock after selling 661 shares during the period. WBH Advisory Inc.’s holdings in Duke Energy were worth $482,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Pinnacle Wealth Management Advisory Group LLC grew its position in shares of Duke Energy by 5.8% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 5,179 shares of the utilities provider’s stock worth $558,000 after purchasing an additional 285 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in shares of Duke Energy by 18.5% during the 4th quarter. J.W. Cole Advisors Inc. now owns 36,886 shares of the utilities provider’s stock worth $3,974,000 after purchasing an additional 5,749 shares in the last quarter. Valmark Advisers Inc. grew its position in shares of Duke Energy by 2.3% during the 4th quarter. Valmark Advisers Inc. now owns 9,993 shares of the utilities provider’s stock worth $1,077,000 after purchasing an additional 224 shares in the last quarter. L.M. Kohn & Company grew its position in shares of Duke Energy by 4.6% during the 4th quarter. L.M. Kohn & Company now owns 7,185 shares of the utilities provider’s stock worth $774,000 after purchasing an additional 317 shares in the last quarter. Finally, Csenge Advisory Group grew its position in shares of Duke Energy by 12.9% during the 4th quarter. Csenge Advisory Group now owns 34,974 shares of the utilities provider’s stock worth $3,768,000 after purchasing an additional 3,993 shares in the last quarter. Institutional investors and hedge funds own 65.31% of the company’s stock.

Analyst Ratings Changes

DUK has been the topic of a number of analyst reports. BMO Capital Markets increased their target price 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. Morgan Stanley reduced their price target on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Scotiabank increased 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. Finally, KeyCorp lowered shares of Duke Energy from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, October 22nd. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Duke Energy presently has an average rating of “Moderate Buy” and an average target price of $122.08.

Duke Energy Trading Down 2.0 %

NYSE:DUK opened at $111.69 on Tuesday. The company has a current ratio of 0.70, a quick ratio of 0.45 and a debt-to-equity ratio of 1.55. The stock has a market capitalization of $86.27 billion, a price-to-earnings ratio of 20.53, a PEG ratio of 2.83 and a beta of 0.50. The firm has a fifty day simple moving average of $109.85 and a two-hundred day simple moving average of $113.01. Duke Energy Co. has a 12 month low of $90.09 and a 12 month high of $121.25.

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Thursday, February 13th. The utilities provider reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.05. Duke Energy had a net margin of 14.31% and a return on equity of 9.34%. Analysts expect that Duke Energy Co. will post 5.91 EPS for the current fiscal year.

Duke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 14th will be issued a $1.045 dividend. This represents a $4.18 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend is Friday, February 14th. 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.