Duke Energy Co. (NYSE:DUK) Shares Sold by Schnieders Capital Management LLC

Schnieders Capital Management LLC trimmed its holdings in shares of Duke Energy Co. (NYSE:DUK) by 10.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,236 shares of the utilities provider’s stock after selling 3,544 shares during the period. Schnieders Capital Management LLC’s holdings in Duke Energy were worth $2,934,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of DUK. Sugarloaf Wealth Management LLC increased its position in Duke Energy by 13.9% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,826 shares of the utilities provider’s stock worth $274,000 after buying an additional 344 shares during the period. Catalyst Financial Partners LLC lifted its position in Duke Energy by 28.6% in the 3rd quarter. Catalyst Financial Partners LLC now owns 4,023 shares of the utilities provider’s stock valued at $355,000 after purchasing an additional 894 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Duke Energy by 4.5% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 25,824 shares of the utilities provider’s stock valued at $2,545,000 after purchasing an additional 1,122 shares during the period. Wagner Wealth Management LLC increased its stake in shares of Duke Energy by 3.4% in the fourth quarter. Wagner Wealth Management LLC now owns 17,421 shares of the utilities provider’s stock valued at $1,691,000 after purchasing an additional 576 shares during the period. Finally, ORG Partners LLC raised its holdings in shares of Duke Energy by 31.2% during the fourth quarter. ORG Partners LLC now owns 1,300 shares of the utilities provider’s stock valued at $126,000 after buying an additional 309 shares during the last quarter. 65.31% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Duke Energy news, EVP Louis E. Renjel sold 3,000 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $92.57, for a total value of $277,710.00. Following the completion of the sale, the executive vice president now owns 14,213 shares in the company, valued at approximately $1,315,697.41. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.14% of the stock is currently owned by corporate insiders.

Duke Energy Trading Up 0.1 %

Shares of DUK stock traded up $0.08 during trading hours on Tuesday, reaching $98.20. 2,148,786 shares of the stock traded hands, compared to its average volume of 3,006,441. The company has a quick ratio of 0.49, a current ratio of 0.74 and a debt-to-equity ratio of 1.50. The firm has a market capitalization of $75.76 billion, a PE ratio of 27.66, a PEG ratio of 2.61 and a beta of 0.46. Duke Energy Co. has a 1-year low of $83.06 and a 1-year high of $100.39. The business has a fifty day moving average price of $94.44 and a 200 day moving average price of $93.60.

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 business had revenue of $7.21 billion during the quarter, compared to analysts’ expectations of $7.24 billion. During the same period in the prior year, the company posted $1.11 earnings per share. The firm’s revenue was down 1.9% on a year-over-year basis. On average, equities research analysts forecast that Duke Energy Co. will post 5.99 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently commented on DUK. Royal Bank of Canada upgraded Duke Energy from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $101.00 to $113.00 in a research report on Wednesday, January 10th. Wells Fargo & Company cut their price objective on shares of Duke Energy from $103.00 to $100.00 and set an “overweight” rating on the stock in a research note on Friday, February 9th. Mizuho increased their target price on shares of Duke Energy from $89.00 to $99.00 and gave the company a “neutral” rating in a research report on Friday, April 5th. KeyCorp boosted their price target on shares of Duke Energy from $106.00 to $107.00 and gave the stock an “overweight” rating in a research report on Thursday, January 4th. Finally, Evercore ISI upgraded shares of Duke Energy from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $90.00 to $108.00 in a report on Tuesday, January 23rd. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Duke Energy presently has a consensus rating of “Hold” and an average target price of $100.62.

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.