2,200 Shares in Duke Energy Co. (NYSE:DUK) Acquired by Legacy Private Trust Co.

Legacy Private Trust Co. purchased a new position in Duke Energy Co. (NYSE:DUK - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,200 shares of the utilities provider's stock, valued at approximately $268,000.

Several other large investors also recently bought and sold shares of DUK. Mattson Financial Services LLC purchased a new position in Duke Energy during the fourth quarter worth $28,000. Vermillion Wealth Management Inc. purchased a new stake in shares of Duke Energy during the fourth quarter valued at $27,000. Parkworth Wealth Management Inc. purchased a new stake in shares of Duke Energy during the fourth quarter valued at $28,000. WealthTrak Capital Management LLC purchased a new stake in shares of Duke Energy during the fourth quarter valued at $30,000. Finally, Rakuten Securities Inc. boosted its stake in shares of Duke Energy by 1,500.0% during the fourth quarter. Rakuten Securities Inc. now owns 288 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 270 shares during the period. Institutional investors own 65.31% of the company's stock.

Duke Energy Stock Up 1.9%

Duke Energy stock traded up $2.16 during trading hours on Friday, reaching $117.61. The stock had a trading volume of 8,077,893 shares, compared to its average volume of 3,461,048. The company has a market cap of $91.41 billion, a price-to-earnings ratio of 20.60, a PEG ratio of 2.79 and a beta of 0.39. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.67 and a quick ratio of 0.44. The business's 50 day moving average price is $118.76 and its 200-day moving average price is $114.79. Duke Energy Co. has a 52 week low of $99.21 and a 52 week high of $125.27.

Duke Energy (NYSE:DUK - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The utilities provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.59 by $0.17. The firm had revenue of $8.25 billion during the quarter, compared to analyst estimates of $7.70 billion. Duke Energy had a net margin of 14.90% and a return on equity of 9.50%. Duke Energy's revenue was up 7.5% on a year-over-year basis. During the same period last year, the firm posted $1.44 EPS. Sell-side analysts anticipate that Duke Energy Co. will post 6.33 EPS for the current year.

Duke Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 16th will be issued a $1.045 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $4.18 annualized dividend and a yield of 3.55%. Duke Energy's dividend payout ratio (DPR) is presently 69.32%.

Wall Street Analysts Forecast Growth

DUK has been the subject of a number of recent analyst reports. Wells Fargo & Company boosted their target price on shares of Duke Energy from $127.00 to $138.00 and gave the company an "overweight" rating in a research note on Wednesday, May 7th. Jefferies Financial Group boosted their target price on shares of Duke Energy from $129.00 to $132.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Morgan Stanley decreased their price objective on Duke Energy from $126.00 to $125.00 and set an "equal weight" rating for the company in a report on Thursday, May 22nd. Barclays lifted their price objective on Duke Energy from $111.00 to $123.00 and gave the company an "overweight" rating in a report on Tuesday, April 8th. Finally, Citigroup lifted their price objective on Duke Energy from $130.00 to $142.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $125.81.

Duke Energy 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.