Duke Energy Co. (NYSE:DUK) Shares Purchased by Andrew Hill Investment Advisors Inc.

Andrew Hill Investment Advisors Inc. lifted its holdings in Duke Energy Co. (NYSE:DUK - Free Report) by 338.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 37,763 shares of the utilities provider's stock after purchasing an additional 29,153 shares during the period. Duke Energy comprises 4.5% of Andrew Hill Investment Advisors Inc.'s holdings, making the stock its 8th biggest position. Andrew Hill Investment Advisors Inc.'s holdings in Duke Energy were worth $4,606,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position 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 valued at $7,852,731,000 after acquiring an additional 779,054 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Duke Energy by 0.7% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 18,097,796 shares of the utilities provider's stock worth $1,949,857,000 after buying an additional 124,863 shares during the last quarter. Geode Capital Management LLC raised its stake in Duke Energy by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 17,873,788 shares of the utilities provider's stock valued at $1,930,833,000 after purchasing an additional 385,612 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Duke Energy by 1.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,562,545 shares of the utilities provider's stock worth $922,529,000 after purchasing an additional 135,665 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of Duke Energy by 4.4% in the fourth quarter. Royal Bank of Canada now owns 8,503,503 shares of the utilities provider's stock worth $916,168,000 after buying an additional 357,967 shares in the last quarter. 65.31% of the stock is currently owned by institutional investors.

Duke Energy Stock Performance

NYSE:DUK traded down $0.53 during mid-day trading on Monday, reaching $117.20. 2,752,879 shares of the stock were exchanged, compared to its average volume of 3,458,473. 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 1 year low of $99.21 and a 1 year high of $125.27. The company has a 50 day simple moving average of $118.76 and a 200-day simple moving average of $114.82. The stock has a market capitalization of $91.09 billion, a P/E ratio of 20.52, a P/E/G ratio of 2.79 and a beta of 0.39.

Duke Energy (NYSE:DUK - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The utilities provider reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.59 by $0.17. The firm had revenue of $8.25 billion during the quarter, compared to analysts' expectations of $7.70 billion. Duke Energy had a net margin of 14.90% and a return on equity of 9.50%. Duke Energy's quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.44 EPS. Analysts anticipate that Duke Energy Co. will post 6.33 earnings per share for the current fiscal year.

Duke Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 16th will be paid a $1.045 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $4.18 annualized dividend and a dividend yield of 3.57%. Duke Energy's dividend payout ratio (DPR) is currently 69.32%.

Analyst Ratings Changes

DUK has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on Duke Energy from $114.00 to $121.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 11th. Wells Fargo & Company boosted their price target on shares of Duke Energy from $127.00 to $138.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 7th. BMO Capital Markets reduced their target price on shares of Duke Energy from $128.00 to $123.00 and set an "outperform" rating on the stock in a report on Thursday, April 10th. Guggenheim upped their target price on shares of Duke Energy from $132.00 to $135.00 and gave the stock a "buy" rating in a research note on Wednesday, March 5th. Finally, Morgan Stanley lowered their price target on shares of Duke Energy from $126.00 to $125.00 and set an "equal weight" rating for the company in a report on Thursday, May 22nd. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $125.81.

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.