Mather Group LLC. lessened its position in shares of Duke Energy Co. (NYSE:DUK – Free Report) by 12.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,976 shares of the utilities provider’s stock after selling 1,440 shares during the period. Mather Group LLC.’s holdings in Duke Energy were worth $968,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. FSC Wealth Advisors LLC bought a new stake in Duke Energy during the third quarter valued at $29,000. Legacy Financial Group LLC bought a new stake in shares of Duke Energy during the 3rd quarter valued at about $45,000. Fortis Group Advisors LLC acquired a new stake in Duke Energy during the third quarter worth about $50,000. Bruce G. Allen Investments LLC bought a new position in Duke Energy in the fourth quarter worth about $71,000. Finally, PFS Partners LLC boosted its stake in Duke Energy by 145.0% in the fourth quarter. PFS Partners LLC now owns 735 shares of the utilities provider’s stock valued at $71,000 after acquiring an additional 435 shares during the period. 65.31% of the stock is currently owned by institutional investors.
Insider Activity
In related news, EVP Louis E. Renjel sold 3,000 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $92.57, for a total transaction of $277,710.00. Following the completion of the sale, the executive vice president now directly owns 14,213 shares of the company’s stock, valued at $1,315,697.41. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.14% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on DUK
Duke Energy Price Performance
NYSE DUK opened at $98.26 on Wednesday. The firm has a market capitalization of $75.80 billion, a PE ratio of 27.68, a P/E/G ratio of 2.63 and a beta of 0.46. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.74 and a quick ratio of 0.49. Duke Energy Co. has a 12 month low of $83.06 and a 12 month high of $100.13. The company’s 50 day simple moving average is $95.10 and its 200 day simple moving average is $93.94.
Duke Energy (NYSE:DUK – Get Free Report) last posted its quarterly earnings data on Thursday, February 8th. The utilities provider reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). The firm had revenue of $7.21 billion during the quarter, compared to the consensus estimate of $7.24 billion. Duke Energy had a return on equity of 8.93% and a net margin of 9.78%. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.11 EPS. As a group, equities research analysts forecast that Duke Energy Co. will post 5.98 EPS for the current fiscal year.
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.
See Also
- Five stocks we like better than Duke Energy
- Using the MarketBeat Dividend Yield Calculator
- NXP Semiconductors Will Set a New High Soon: $300 in Sight
- What is a Low P/E Ratio and What Does it Tell Investors?
- Hilton Demonstrates Asset Light is Right for Investors
- The 3 Best Blue-Chip Stocks to Buy Now
- Boston Scientific Bucks the Medtech Slow Down and Raises Outlook
Want to see what other hedge funds are holding DUK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Duke Energy Co. (NYSE:DUK – Free Report).
Receive News & Ratings for Duke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Energy and related companies with MarketBeat.com's FREE daily email newsletter.