2,069 Shares in Duke Energy Co. (NYSE:DUK) Bought by Sfmg LLC

Sfmg LLC acquired a new position in Duke Energy Co. (NYSE:DUK) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,069 shares of the utilities provider’s stock, valued at approximately $201,000.

Other large investors also recently modified their holdings of the company. CKW Financial Group bought a new stake in shares of Duke Energy in the third quarter worth $25,000. Chilton Capital Management LLC bought a new stake in shares of Duke Energy in the first quarter worth $28,000. FSC Wealth Advisors LLC bought a new stake in shares of Duke Energy in the third quarter worth $29,000. Fairfield Bush & CO. bought a new stake in shares of Duke Energy in the first quarter worth $40,000. Finally, Compass Wealth Management LLC purchased a new position in Duke Energy during the fourth quarter valued at $41,000. Institutional investors own 65.31% of the company’s stock.

Duke Energy Trading Up 1.8 %

DUK opened at $94.50 on Thursday. The stock has a market cap of $72.90 billion, a price-to-earnings ratio of 26.62, a P/E/G ratio of 2.47 and a beta of 0.46. The stock’s 50 day moving average price is $94.00 and its 200-day moving average price is $93.22. Duke Energy Co. has a one year low of $83.06 and a one year high of $100.39. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.49 and a current ratio of 0.74.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Thursday, February 8th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by ($0.02). Duke Energy had a return on equity of 8.93% and a net margin of 9.78%. The firm had revenue of $7.21 billion during the quarter, compared to the consensus estimate of $7.24 billion. During the same period last year, the company earned $1.11 EPS. The firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. On average, equities analysts forecast that Duke Energy Co. will post 5.99 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Barclays lifted their target price on Duke Energy from $99.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday. Wells Fargo & Company lowered their target price on Duke Energy from $103.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, February 9th. KeyCorp lifted their target price on Duke Energy from $106.00 to $107.00 and gave the company an “overweight” rating in a research report on Thursday, January 4th. Mizuho lifted their target price on Duke Energy from $89.00 to $99.00 and gave the company a “neutral” rating in a research report on Friday, April 5th. Finally, BMO Capital Markets lowered their price objective on Duke Energy from $101.00 to $99.00 and set an “outperform” rating on the stock in a research report on Tuesday. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Duke Energy has a consensus rating of “Moderate Buy” and an average price target of $101.17.

Insider Buying and Selling

In other Duke Energy news, EVP Louis E. Renjel sold 3,000 shares of the company’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $92.57, for a total transaction of $277,710.00. Following the completion of the sale, the executive vice president now owns 14,213 shares in the company, valued at $1,315,697.41. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.10% of the stock is owned by insiders.

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.