Fort Washington Investment Advisors Inc. OH Has $60.94 Million Holdings in Duke Energy Co. (NYSE:DUK)

Fort Washington Investment Advisors Inc. OH grew its stake in shares of Duke Energy Co. (NYSE:DUKFree Report) by 1.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 565,624 shares of the utilities provider’s stock after purchasing an additional 7,631 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Duke Energy were worth $60,940,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of DUK. Legacy Investment Solutions LLC bought a new stake in Duke Energy during the third quarter worth $29,000. Northwest Investment Counselors LLC bought a new stake in shares of Duke Energy in the 3rd quarter worth $30,000. Winch Advisory Services LLC raised its holdings in shares of Duke Energy by 332.9% in the fourth quarter. Winch Advisory Services LLC now owns 316 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 243 shares during the last quarter. Reston Wealth Management LLC bought a new position in shares of Duke Energy during the third quarter valued at about $38,000. Finally, Catalyst Capital Advisors LLC grew its position in Duke Energy by 100.0% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 334 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 167 shares in the last quarter. 65.31% of the stock is owned by hedge funds and other institutional investors.

Duke Energy Trading Up 1.3 %

NYSE:DUK opened at $110.73 on Wednesday. Duke Energy Co. has a 52 week low of $90.09 and a 52 week high of $121.25. The company has a quick ratio of 0.45, a current ratio of 0.70 and a debt-to-equity ratio of 1.55. The company has a fifty day moving average of $110.41 and a 200 day moving average of $112.12. The firm has a market capitalization of $85.54 billion, a P/E ratio of 20.35, a P/E/G ratio of 2.72 and a beta of 0.49.

Duke Energy (NYSE:DUKGet Free Report) last posted its quarterly earnings data on Thursday, November 7th. The utilities provider reported $1.62 earnings per share for the quarter, missing the consensus estimate of $1.73 by ($0.11). The firm had revenue of $8.16 billion for the quarter, compared to the consensus estimate of $8.06 billion. Duke Energy had a net margin of 14.31% and a return on equity of 9.34%. The business’s revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.94 earnings per share. On average, research analysts predict that Duke Energy Co. will post 5.92 earnings per share for the current year.

Duke Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 14th will be given a dividend of $1.045 per share. This represents a $4.18 annualized dividend and a yield of 3.77%. The ex-dividend date is Friday, February 14th. Duke Energy’s dividend payout ratio (DPR) is 76.84%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on DUK shares. Barclays raised their price target on shares of Duke Energy from $102.00 to $118.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 1st. KeyCorp lowered Duke Energy from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, October 22nd. Mizuho upgraded Duke Energy from a “neutral” rating to an “outperform” rating and upped their price target for the company from $116.00 to $121.00 in a research report on Tuesday, October 15th. Morgan Stanley cut their price objective on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Finally, Scotiabank upped their target price on shares of Duke Energy from $113.00 to $120.00 and gave the stock a “sector perform” rating in a report on Thursday, December 12th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Duke Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $122.23.

View Our Latest Research Report on Duke Energy

Duke Energy Company Profile

(Free Report)

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.

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

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