Duke Energy Co. (NYSE:DUK) Shares Sold by Duncker Streett & Co. Inc.

Duncker Streett & Co. Inc. trimmed its stake in shares of Duke Energy Co. (NYSE:DUK) by 6.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,320 shares of the utilities provider’s stock after selling 304 shares during the period. Duncker Streett & Co. Inc.’s holdings in Duke Energy were worth $419,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CKW Financial Group acquired a new stake in Duke Energy during the third quarter worth about $25,000. Chilton Capital Management LLC acquired a new stake in Duke Energy during the first quarter worth about $28,000. FSC Wealth Advisors LLC acquired a new stake in Duke Energy during the third quarter worth about $29,000. Fairfield Bush & CO. acquired a new stake in Duke Energy in the first quarter valued at approximately $40,000. Finally, Compass Wealth Management LLC acquired a new stake in Duke Energy in the fourth quarter valued at approximately $41,000. 65.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have commented on DUK shares. Bank of America raised their price objective on Duke Energy from $96.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. KeyCorp raised their price objective on Duke Energy from $106.00 to $107.00 and gave the company an “overweight” rating in a report on Thursday, January 4th. BMO Capital Markets lowered their price target on Duke Energy from $101.00 to $99.00 and set an “outperform” rating on the stock in a research note on Tuesday. Royal Bank of Canada raised Duke Energy from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from $101.00 to $113.00 in a research note on Wednesday, January 10th. Finally, Mizuho lifted their price target on Duke Energy from $89.00 to $99.00 and gave the stock a “neutral” rating in a research note on Friday, April 5th. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $101.17.

Insider Buying and Selling

In other news, EVP Louis E. Renjel sold 3,000 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $92.57, for a total transaction of $277,710.00. Following the completion of the transaction, the executive vice president now directly owns 14,213 shares of the company’s stock, valued at approximately $1,315,697.41. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.14% of the stock is currently owned by insiders.

Duke Energy Stock Down 1.3 %

DUK traded down $1.26 on Wednesday, hitting $92.87. 2,655,575 shares of the company were exchanged, compared to its average volume of 2,341,925. Duke Energy Co. has a twelve month low of $83.06 and a twelve month high of $100.39. The company has a market cap of $71.65 billion, a price-to-earnings ratio of 26.16, a price-to-earnings-growth ratio of 2.50 and a beta of 0.46. The company has a current ratio of 0.74, a quick ratio of 0.49 and a debt-to-equity ratio of 1.50. The firm has a 50-day moving average price of $94.02 and a two-hundred day moving average price of $93.21.

Duke Energy (NYSE:DUK) last released its earnings results on Thursday, February 8th. The utilities provider reported $1.51 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.02). Duke Energy had a return on equity of 8.93% and a net margin of 9.78%. The company had revenue of $7.21 billion for the quarter, compared to analyst estimates of $7.24 billion. During the same period in the previous year, the firm earned $1.11 earnings per share. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. On average, equities analysts predict that Duke Energy Co. will post 5.99 earnings per share for the current year.

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.