Duke Energy Co. (NYSE:DUK) Shares Bought by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC grew its holdings in Duke Energy Co. (NYSE:DUK) by 22.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 6,325 shares of the utilities provider’s stock after buying an additional 1,167 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Duke Energy were worth $716,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. purchased a new stake in Duke Energy during the 4th quarter worth about $705,000. Jones Financial Companies Lllp grew its position in shares of Duke Energy by 43.8% during the fourth quarter. Jones Financial Companies Lllp now owns 511,521 shares of the utilities provider’s stock worth $55,111,000 after buying an additional 155,732 shares in the last quarter. SRS Capital Advisors Inc. increased its stake in shares of Duke Energy by 253.0% during the fourth quarter. SRS Capital Advisors Inc. now owns 7,541 shares of the utilities provider’s stock worth $812,000 after buying an additional 5,405 shares during the period. Bailard Inc. raised its holdings in Duke Energy by 10.9% in the fourth quarter. Bailard Inc. now owns 31,921 shares of the utilities provider’s stock valued at $3,439,000 after acquiring an additional 3,139 shares in the last quarter. Finally, Norden Group LLC lifted its stake in Duke Energy by 2.2% in the fourth quarter. Norden Group LLC now owns 18,559 shares of the utilities provider’s stock worth $2,000,000 after acquiring an additional 401 shares during the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Duke Energy Price Performance

DUK stock opened at $118.62 on Tuesday. The business has a 50 day simple moving average of $111.23 and a 200-day simple moving average of $113.16. The company has a market capitalization of $91.63 billion, a P/E ratio of 20.77, a PEG ratio of 2.79 and a beta of 0.50. Duke Energy Co. has a twelve month low of $90.22 and a twelve month high of $121.25. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of 1.52.

Duke Energy (NYSE:DUK) last issued its quarterly earnings data on Thursday, February 13th. The utilities provider reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.05. Duke Energy had a net margin of 14.90% and a return on equity of 9.50%. As a group, equities analysts anticipate that Duke Energy Co. will post 6.33 EPS for the current year.

Duke Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 14th will be given a dividend of $1.045 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $4.18 dividend on an annualized basis and a yield of 3.52%. Duke Energy’s payout ratio is 73.20%.

Wall Street Analysts Forecast Growth

DUK has been the topic of a number of analyst reports. Morgan Stanley reduced 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. Scotiabank raised their price target on Duke Energy from $113.00 to $120.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. BMO Capital Markets upped their price objective on Duke Energy from $119.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, February 3rd. Finally, Jefferies Financial Group boosted their target price on Duke Energy from $129.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $121.62.

Duke Energy Company 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.