CHICAGO TRUST Co NA Has $735,000 Position in Duke Energy Co. (NYSE:DUK)

CHICAGO TRUST Co NA increased its position in Duke Energy Co. (NYSE:DUK) by 2.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,028 shares of the utilities provider’s stock after buying an additional 116 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Duke Energy were worth $735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in DUK. GAMMA Investing LLC increased its stake in shares of Duke Energy by 14,268.8% in the first quarter. GAMMA Investing LLC now owns 1,663,183 shares of the utilities provider’s stock valued at $202,858,000 after buying an additional 1,651,608 shares during the period. ExodusPoint Capital Management LP acquired a new position in shares of Duke Energy in the fourth quarter valued at approximately $163,819,000. Capital Wealth Planning LLC increased its stake in shares of Duke Energy by 116.5% in the fourth quarter. Capital Wealth Planning LLC now owns 2,065,344 shares of the utilities provider’s stock valued at $222,520,000 after buying an additional 1,111,581 shares during the period. Vanguard Group Inc. increased its stake in shares of Duke Energy by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 72,885,939 shares of the utilities provider’s stock valued at $7,852,731,000 after buying an additional 779,054 shares during the period. Finally, Nuveen Asset Management LLC increased its stake in shares of Duke Energy by 14.8% in the fourth quarter. Nuveen Asset Management LLC now owns 4,838,705 shares of the utilities provider’s stock valued at $521,322,000 after buying an additional 625,008 shares during the period. Institutional investors and hedge funds own 65.31% of the company’s stock.

Duke Energy Price Performance

Shares of DUK opened at $115.22 on Monday. Duke Energy Co. has a 52-week low of $99.21 and a 52-week high of $125.27. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.44 and a current ratio of 0.67. The business’s 50 day moving average price is $118.43 and its two-hundred day moving average price is $114.91. The firm has a market cap of $89.56 billion, a PE ratio of 20.18, a price-to-earnings-growth ratio of 2.79 and a beta of 0.37.

Duke Energy (NYSE:DUK) last issued its quarterly earnings results on Tuesday, May 6th. The utilities provider reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.17. Duke Energy had a return on equity of 9.50% and a net margin of 14.90%. The firm had revenue of $8.25 billion for the quarter, compared to analyst estimates of $7.70 billion. During the same period in the previous year, the firm earned $1.44 earnings per share. The company’s revenue was up 7.5% compared to the same quarter last year. On average, equities analysts anticipate that Duke Energy Co. will post 6.33 EPS for the current year.

Duke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 16th will be given a dividend of $1.045 per share. This represents a $4.18 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date is Friday, May 16th. Duke Energy’s payout ratio is 69.32%.

Analyst Upgrades and Downgrades

Several analysts recently commented on DUK shares. UBS Group reiterated a “neutral” rating and issued a $127.00 target price (up from $126.00) on shares of Duke Energy in a report on Monday, June 2nd. JPMorgan Chase & Co. upped their target price 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 reduced their target price on Duke Energy from $128.00 to $123.00 and set an “outperform” rating on the stock in a report on Thursday, April 10th. Barclays upped their target price on Duke Energy from $111.00 to $123.00 and gave the company an “overweight” rating in a report on Tuesday, April 8th. Finally, Citigroup upped their target price on Duke Energy from $130.00 to $142.00 and gave the company a “buy” rating in a report on Wednesday, May 7th. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.81.

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.