Robeco Institutional Asset Management B.V. Has $15.49 Million Stock Holdings in Duke Energy Co. (NYSE:DUK)

Robeco Institutional Asset Management B.V. trimmed its holdings in shares of Duke Energy Co. (NYSE:DUK) by 11.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 143,777 shares of the utilities provider’s stock after selling 17,797 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Duke Energy were worth $15,491,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. PBMares Wealth Management LLC grew its stake in Duke Energy by 1.8% in the third quarter. PBMares Wealth Management LLC now owns 4,886 shares of the utilities provider’s stock valued at $563,000 after purchasing an additional 86 shares in the last quarter. Castleview Partners LLC boosted its stake in shares of Duke Energy by 4.9% during the 3rd quarter. Castleview Partners LLC now owns 1,944 shares of the utilities provider’s stock worth $224,000 after acquiring an additional 90 shares in the last quarter. Kanawha Capital Management LLC boosted its stake in shares of Duke Energy by 1.4% during the 3rd quarter. Kanawha Capital Management LLC now owns 6,591 shares of the utilities provider’s stock worth $760,000 after acquiring an additional 92 shares in the last quarter. Baron Wealth Management LLC boosted its stake in shares of Duke Energy by 3.5% during the 3rd quarter. Baron Wealth Management LLC now owns 2,730 shares of the utilities provider’s stock worth $315,000 after acquiring an additional 92 shares in the last quarter. Finally, Chicago Capital LLC boosted its stake in shares of Duke Energy by 0.9% during the 3rd quarter. Chicago Capital LLC now owns 10,163 shares of the utilities provider’s stock worth $1,172,000 after acquiring an additional 93 shares in the last quarter. 65.31% of the stock is owned by institutional investors and hedge funds.

Duke Energy Trading Down 0.1 %

Duke Energy stock opened at $112.14 on Friday. The business has a 50 day moving average price of $110.09 and a two-hundred day moving average price of $112.44. 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 stock has a market cap of $86.62 billion, a price-to-earnings ratio of 20.61, a price-to-earnings-growth ratio of 2.73 and a beta of 0.49. Duke Energy Co. has a 12 month low of $90.09 and a 12 month high of $121.25.

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Thursday, November 7th. The utilities provider reported $1.62 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.11). Duke Energy had a net margin of 14.31% and a return on equity of 9.34%. The firm had revenue of $8.16 billion during the quarter, compared to analyst estimates of $8.06 billion. During the same period last year, the company earned $1.94 EPS. The company’s revenue was up 2.1% on a year-over-year basis. As a group, equities analysts forecast that Duke Energy Co. will post 5.91 EPS for the current year.

Duke Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 14th will be issued a $1.045 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $4.18 dividend on an annualized basis and a dividend yield of 3.73%. Duke Energy’s payout ratio is presently 76.84%.

Wall Street Analyst Weigh In

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

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.