Coldstream Capital Management Inc. Boosts Stock Holdings in Duke Energy Co. (NYSE:DUK)

Coldstream Capital Management Inc. raised its stake in Duke Energy Co. (NYSE:DUK - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,328 shares of the utilities provider's stock after purchasing an additional 2,164 shares during the quarter. Coldstream Capital Management Inc.'s holdings in Duke Energy were worth $5,746,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of DUK. ExodusPoint Capital Management LP acquired a new stake in Duke Energy during the 4th quarter worth approximately $163,819,000. Assenagon Asset Management S.A. grew its holdings in shares of Duke Energy by 155.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,873,321 shares of the utilities provider's stock worth $201,832,000 after purchasing an additional 1,138,979 shares in the last quarter. Capital Wealth Planning LLC grew its holdings in shares of Duke Energy by 116.5% during the 4th quarter. Capital Wealth Planning LLC now owns 2,065,344 shares of the utilities provider's stock worth $222,520,000 after purchasing an additional 1,111,581 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Duke Energy by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 72,885,939 shares of the utilities provider's stock worth $7,852,731,000 after purchasing an additional 779,054 shares in the last quarter. Finally, Amundi grew its stake in Duke Energy by 29.2% during the fourth quarter. Amundi now owns 2,488,849 shares of the utilities provider's stock worth $269,368,000 after buying an additional 561,784 shares in the last quarter. 65.31% of the stock is currently owned by institutional investors.

Duke Energy Trading Up 0.3 %

Duke Energy stock traded up $0.41 during mid-day trading on Wednesday, hitting $122.11. 1,757,518 shares of the stock were exchanged, compared to its average volume of 3,389,090. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of 1.52. Duke Energy Co. has a 12 month low of $97.49 and a 12 month high of $125.27. The firm's fifty day simple moving average is $118.71 and its two-hundred day simple moving average is $114.48. The stock has a market capitalization 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 announced its quarterly earnings data on Thursday, February 13th. The utilities provider reported $1.66 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%. Analysts forecast that Duke Energy Co. will post 6.33 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Morgan Stanley increased their price objective on shares of Duke Energy from $123.00 to $128.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 20th. JPMorgan Chase & Co. increased their price objective on shares of Duke Energy from $114.00 to $121.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 11th. BMO Capital Markets reduced their price objective on shares of Duke Energy from $128.00 to $123.00 and set an "outperform" rating on the stock in a research note on Thursday, April 10th. Guggenheim raised their price target on shares of Duke Energy from $132.00 to $135.00 and gave the company a "buy" rating in a research note on Wednesday, March 5th. Finally, Barclays raised their target price on shares of Duke Energy from $111.00 to $123.00 and gave the company an "overweight" rating in a research report on Tuesday, April 8th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Duke Energy 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.