United Capital Financial Advisors LLC Has $4.61 Million Position in Duke Energy Co. (NYSE:DUK)

United Capital Financial Advisors LLC grew its holdings in Duke Energy Co. (NYSE:DUK) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 42,791 shares of the utilities provider’s stock after buying an additional 719 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Duke Energy were worth $4,610,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Parkworth Wealth Management Inc. bought a new position in Duke Energy in the fourth quarter valued at about $28,000. WealthTrak Capital Management LLC acquired a new stake in shares of Duke Energy during the 4th quarter worth approximately $30,000. Rakuten Securities Inc. raised 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 worth $31,000 after buying an additional 270 shares during the last quarter. Sierra Ocean LLC acquired a new position in Duke Energy in the fourth quarter valued at approximately $31,000. Finally, CGC Financial Services LLC boosted its stake in Duke Energy by 366.7% in the fourth quarter. CGC Financial Services LLC now owns 308 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 242 shares during the last quarter. 65.31% of the stock is owned by institutional investors.

Duke Energy Trading Down 0.0 %

NYSE DUK opened at $120.45 on Thursday. The stock has a market capitalization of $93.59 billion, a price-to-earnings ratio of 21.09, a PEG ratio of 2.79 and a beta of 0.39. Duke Energy Co. has a 52 week low of $93.20 and a 52 week high of $125.27. The stock’s 50 day moving average price is $117.34 and its two-hundred day moving average price is $114.01. 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 (NYSE:DUK) last released its earnings results on Thursday, February 13th. The utilities provider reported $1.66 earnings per share 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%. As a group, analysts anticipate that Duke Energy Co. will post 6.33 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DUK has been the topic of several recent research reports. Jefferies Financial Group raised their price target on Duke Energy from $129.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. UBS Group boosted their target price on Duke Energy from $123.00 to $127.00 and gave the stock a “neutral” rating in a research report on Friday, March 21st. Guggenheim increased their price target on shares of Duke Energy from $132.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. BMO Capital Markets decreased their price objective on shares of Duke Energy from $128.00 to $123.00 and set an “outperform” rating for the company in a report on Thursday, April 10th. Finally, Barclays increased their target price on shares of Duke Energy from $111.00 to $123.00 and gave the stock an “overweight” rating in a report on Tuesday, April 8th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $123.87.

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.