Duke Energy Co. (NYSE:DUK) Shares Sold by OneAscent Wealth Management LLC

OneAscent Wealth Management LLC trimmed its position in shares of Duke Energy Co. (NYSE:DUK) by 21.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,968 shares of the utilities provider’s stock after selling 803 shares during the period. OneAscent Wealth Management LLC’s holdings in Duke Energy were worth $320,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB raised its holdings 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 in the last quarter. Pallas Capital Advisors LLC raised its stake in Duke Energy by 2.8% in the fourth quarter. Pallas Capital Advisors LLC now owns 3,456 shares of the utilities provider’s stock valued at $372,000 after buying an additional 95 shares in the last quarter. Intergy Private Wealth LLC lifted its holdings in Duke Energy by 4.8% during the 4th quarter. Intergy Private Wealth LLC now owns 2,113 shares of the utilities provider’s stock worth $228,000 after buying an additional 96 shares during the last quarter. V Square Quantitative Management LLC boosted its position in shares of 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 increased its holdings in shares of Duke Energy by 10.3% in the 4th quarter. Missouri Trust & Investment Co now owns 1,071 shares of the utilities provider’s stock valued at $115,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Duke Energy Stock Up 1.5 %

Shares of Duke Energy stock opened at $119.42 on Friday. The company has a market cap of $92.79 billion, a P/E ratio of 20.91, a PEG ratio of 2.79 and a beta of 0.48. The firm has a fifty day moving average of $115.17 and a two-hundred day moving average of $113.72. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.44 and a current ratio of 0.67. Duke Energy Co. has a one year low of $92.75 and a one year high of $121.47.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Thursday, February 13th. The utilities provider reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.05. Duke Energy had a net margin of 14.90% and a return on equity of 9.50%. On average, analysts forecast that Duke Energy Co. will post 6.33 earnings per share for the current year.

Duke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 14th were given a $1.045 dividend. This represents a $4.18 annualized dividend and a yield of 3.50%. The ex-dividend date was Friday, February 14th. Duke Energy’s payout ratio is 73.20%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. upped their price target on Duke Energy from $114.00 to $121.00 and gave the company a “neutral” rating in a report on Tuesday, March 11th. BMO Capital Markets upped their target price on shares of Duke Energy from $123.00 to $128.00 and gave the company an “outperform” rating in a report on Tuesday, March 11th. Morgan Stanley lifted their price target 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. Scotiabank upped their price objective on shares of Duke Energy from $113.00 to $120.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Finally, Guggenheim lifted their target price on Duke Energy from $132.00 to $135.00 and gave the stock a “buy” rating in a research 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.87.

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.