Voya Financial Advisors Inc. Has $1.26 Million Position in Duke Energy Co. (NYSE:DUK)

Voya Financial Advisors Inc. lessened its holdings in shares of Duke Energy Co. (NYSE:DUK) by 8.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,688 shares of the utilities provider’s stock after selling 1,111 shares during the period. Voya Financial Advisors Inc.’s holdings in Duke Energy were worth $1,259,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB increased its stake in 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 buying an additional 93 shares during the last quarter. Pallas Capital Advisors LLC lifted its holdings in Duke Energy by 2.8% during the 4th quarter. Pallas Capital Advisors LLC now owns 3,456 shares of the utilities provider’s stock valued at $372,000 after purchasing an additional 95 shares during the last quarter. Intergy Private Wealth LLC boosted its holdings in shares of 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 period. V Square Quantitative Management LLC grew its position in shares of Duke Energy by 1.3% in the fourth quarter. V Square Quantitative Management LLC now owns 7,233 shares of the utilities provider’s stock valued at $779,000 after purchasing an additional 96 shares during the last quarter. Finally, Cravens & Co Advisors LLC increased its position in Duke Energy by 3.9% during the 4th quarter. Cravens & Co Advisors LLC now owns 2,624 shares of the utilities provider’s stock worth $283,000 after buying an additional 98 shares during the period. Institutional investors and hedge funds own 65.31% of the company’s stock.

Duke Energy Stock Performance

Shares of DUK stock opened at $120.69 on Friday. Duke Energy Co. has a 12-month low of $97.49 and a 12-month high of $125.27. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of 1.52. The business’s 50 day moving average is $118.19 and its two-hundred day moving average is $114.29. The company has a market capitalization of $93.78 billion, a P/E ratio of 21.14, a P/E/G ratio of 2.79 and a beta of 0.39.

Duke Energy (NYSE:DUK) last issued its earnings results on Thursday, February 13th. The utilities provider reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.05. Duke Energy had a return on equity of 9.50% and a net margin of 14.90%. Analysts expect that Duke Energy Co. will post 6.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DUK. BMO Capital Markets reduced their price target on shares of Duke Energy from $128.00 to $123.00 and set an “outperform” rating on the stock in a research report on Thursday, April 10th. UBS Group raised their price target on shares of Duke Energy from $123.00 to $127.00 and gave the stock a “neutral” rating in a report on Friday, March 21st. Morgan Stanley lifted their target price on Duke Energy from $123.00 to $128.00 and gave the stock an “equal weight” rating in a report on Thursday, March 20th. Barclays lifted their price target on shares of Duke Energy from $111.00 to $123.00 and gave the company an “overweight” rating in a research report on Tuesday, April 8th. Finally, Guggenheim increased their price objective on shares of Duke Energy from $132.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, March 5th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Duke Energy currently has an average 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.