XTX Topco Ltd Purchases New Stake in Duke Energy Co. (NYSE:DUK)

XTX Topco Ltd purchased a new position in shares of Duke Energy Co. (NYSE:DUK - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,869 shares of the utilities provider's stock, valued at approximately $309,000.

A number of other hedge funds also recently bought and sold shares of DUK. Wilmington Savings Fund Society FSB lifted its stake in shares of Duke Energy by 0.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 31,353 shares of the utilities provider's stock valued at $3,378,000 after purchasing an additional 93 shares during the last quarter. Pallas Capital Advisors LLC lifted its stake in shares of Duke Energy by 2.8% in the 4th quarter. Pallas Capital Advisors LLC now owns 3,456 shares of the utilities provider's stock valued at $372,000 after purchasing an additional 95 shares during the last quarter. Intergy Private Wealth LLC lifted its stake in shares of Duke Energy by 4.8% in the 4th quarter. Intergy Private Wealth LLC now owns 2,113 shares of the utilities provider's stock valued at $228,000 after purchasing an additional 96 shares during the last quarter. V Square Quantitative Management LLC lifted its stake in Duke Energy by 1.3% during the 4th quarter. V Square Quantitative Management LLC now owns 7,233 shares of the utilities provider's stock worth $779,000 after acquiring an additional 96 shares in the last quarter. Finally, Missouri Trust & Investment Co lifted its stake in Duke Energy by 10.3% during the 4th quarter. Missouri Trust & Investment Co now owns 1,071 shares of the utilities provider's stock worth $115,000 after acquiring an additional 100 shares in the last quarter. Institutional investors and hedge funds own 65.31% of the company's stock.

Duke Energy Stock Performance

Shares of NYSE DUK traded up $0.41 during trading hours on Wednesday, reaching $122.11. The stock had a trading volume of 2,998,474 shares, compared to its average volume of 3,392,395. Duke Energy Co. has a fifty-two week low of $97.49 and a fifty-two week high of $125.27. The firm has a 50-day moving average of $118.85 and a 200-day moving average of $114.53. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of 1.52. The firm has a market cap of $94.88 billion, a price-to-earnings ratio of 21.39, a PEG ratio of 2.79 and a beta of 0.39.

Duke Energy (NYSE:DUK - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The utilities provider reported $1.66 earnings per share for the quarter, topping analysts' consensus estimates of $1.61 by $0.05. Duke Energy had a return on equity of 9.50% and a net margin of 14.90%. Equities research analysts predict that Duke Energy Co. will post 6.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. BMO Capital Markets decreased their target price on Duke Energy from $128.00 to $123.00 and set an "outperform" rating on the stock in a research note on Thursday, April 10th. JPMorgan Chase & Co. increased their target price on Duke Energy from $114.00 to $121.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 11th. Morgan Stanley increased their target price on Duke Energy from $123.00 to $128.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 20th. Jefferies Financial Group increased 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. Finally, Guggenheim upped their price target on Duke Energy from $132.00 to $135.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Duke Energy currently has an average rating of "Moderate Buy" and an average price target of $123.87.

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.