Duke Energy Corp (DUK) Position Maintained by Clough Capital Partners L P

Clough Capital Partners L P continued to hold its stake in Duke Energy Corp (NYSE:DUK) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,800 shares of the company’s stock at the end of the fourth quarter. Clough Capital Partners L P’s holdings in Duke Energy Corp were worth $1,149,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of DUK. Capital Research Global Investors raised its stake in Duke Energy Corp by 32.9% in the third quarter. Capital Research Global Investors now owns 16,845,618 shares of the company’s stock valued at $1,348,323,000 after buying an additional 4,165,845 shares in the last quarter. FMR LLC raised its stake in Duke Energy Corp by 139.9% in the fourth quarter. FMR LLC now owns 3,758,176 shares of the company’s stock valued at $291,710,000 after buying an additional 2,191,756 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its stake in Duke Energy Corp by 7,778.1% in the fourth quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,348,880 shares of the company’s stock valued at $1,349,000 after buying an additional 1,331,758 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in Duke Energy Corp during the third quarter valued at about $98,389,000. Finally, Asset Management One Co. Ltd. raised its stake in Duke Energy Corp by 1,296.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 1,190,863 shares of the company’s stock valued at $92,469,000 after buying an additional 1,105,556 shares in the last quarter. Institutional investors own 57.01% of the company’s stock.

Institutional Ownership by Quarter for Duke Energy Corp (NYSE:DUK)

Duke Energy Corp (NYSE:DUK) opened at 81.84 on Monday. The stock’s 50 day moving average is $79.72 and its 200-day moving average is $78.09. The company has a market capitalization of $57.26 billion, a P/E ratio of 26.23 and a beta of 0.14. Duke Energy Corp has a 12-month low of $72.34 and a 12-month high of $87.75.

Duke Energy Corp (NYSE:DUK) last released its earnings results on Thursday, February 16th. The company reported $0.81 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.81. Duke Energy Corp had a return on equity of 8.20% and a net margin of 12.27%. During the same quarter in the previous year, the business posted $0.87 EPS. On average, equities analysts predict that Duke Energy Corp will post $4.62 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 16th. Stockholders of record on Friday, February 17th were paid a dividend of $0.855 per share. This represents a $3.42 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date of this dividend was Wednesday, February 15th. Duke Energy Corp’s payout ratio is 82.61%.

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Several analysts have issued reports on DUK shares. Bank of America Corp lowered shares of Duke Energy Corp from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $78.00 to $69.00 in a research report on Tuesday, November 22nd. They noted that the move was a valuation call. Citigroup Inc lowered shares of Duke Energy Corp from a “neutral” rating to a “sell” rating and set a $69.00 price target on the stock. in a research report on Wednesday, January 11th. Barclays PLC restated a “neutral” rating on shares of Duke Energy Corp in a research report on Sunday, February 19th. Vetr lowered shares of Duke Energy Corp from a “hold” rating to a “sell” rating and set a $73.00 price target on the stock. in a research report on Tuesday, December 27th. Finally, Credit Suisse Group AG started coverage on shares of Duke Energy Corp in a research report on Wednesday, January 25th. They issued a “neutral” rating and a $81.00 price target on the stock. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $80.06.

In other news, SVP William E. Jr. Currens sold 600 shares of Duke Energy Corp stock in a transaction on Friday, February 24th. The stock was sold at an average price of $82.10, for a total transaction of $49,260.00. Following the sale, the senior vice president now directly owns 5,677 shares in the company, valued at approximately $466,081.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Julia S. Janson sold 10,000 shares of Duke Energy Corp stock in a transaction on Friday, February 24th. The stock was sold at an average price of $81.78, for a total value of $817,800.00. Following the sale, the executive vice president now owns 37,175 shares in the company, valued at $3,040,171.50. The disclosure for this sale can be found here. Insiders have sold a total of 35,600 shares of company stock worth $2,915,710 over the last quarter. Company insiders own 0.08% of the company’s stock.

Duke Energy Corp Company Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company’s segments include Regulated Utilities, International Energy and Commercial Portfolio. Duke Energy’s subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC; Progress Energy, Inc; Duke Energy Progress, LLC; Duke Energy Florida, LLC; Duke Energy Ohio, Inc , and Duke Energy Indiana, Inc (Duke Energy Indiana).

5 Day Chart for NYSE:DUK

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