Duke Energy Corporation (DUK) Shares Bought by Alpha Omega Wealth Management LLC

Alpha Omega Wealth Management LLC grew its holdings in shares of Duke Energy Corporation (NYSE:DUK) by 3.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,211 shares of the utilities provider’s stock after acquiring an additional 1,494 shares during the quarter. Duke Energy Corporation comprises 1.8% of Alpha Omega Wealth Management LLC’s investment portfolio, making the stock its 14th largest position. Alpha Omega Wealth Management LLC’s holdings in Duke Energy Corporation were worth $3,445,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Financial Advisory Service Inc. boosted its position in shares of Duke Energy Corporation by 0.3% during the 2nd quarter. Financial Advisory Service Inc. now owns 6,722 shares of the utilities provider’s stock valued at $562,000 after acquiring an additional 17 shares during the last quarter. Valley National Advisers Inc. lifted its position in Duke Energy Corporation by 0.7% in the 1st quarter. Valley National Advisers Inc. now owns 2,671 shares of the utilities provider’s stock worth $219,000 after buying an additional 18 shares during the last quarter. Accredited Investors Inc. lifted its position in Duke Energy Corporation by 0.7% in the 1st quarter. Accredited Investors Inc. now owns 2,787 shares of the utilities provider’s stock worth $229,000 after buying an additional 19 shares during the last quarter. Hayek Kallen Investment Management lifted its position in Duke Energy Corporation by 0.5% in the 1st quarter. Hayek Kallen Investment Management now owns 3,958 shares of the utilities provider’s stock worth $325,000 after buying an additional 19 shares during the last quarter. Finally, Hodges Capital Management Inc. lifted its position in Duke Energy Corporation by 0.3% in the 2nd quarter. Hodges Capital Management Inc. now owns 7,105 shares of the utilities provider’s stock worth $594,000 after buying an additional 19 shares during the last quarter. Hedge funds and other institutional investors own 56.22% of the company’s stock.

A number of analysts recently weighed in on the company. SunTrust Banks, Inc. restated a “hold” rating and issued a $88.00 target price on shares of Duke Energy Corporation in a research report on Thursday. J P Morgan Chase & Co boosted their target price on Duke Energy Corporation from $83.00 to $89.00 and gave the stock a “neutral” rating in a research report on Thursday. Zacks Investment Research upgraded Duke Energy Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday. Morgan Stanley boosted their target price on Duke Energy Corporation from $89.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Friday, September 8th. Finally, KeyCorp restated a “hold” rating on shares of Duke Energy Corporation in a research report on Friday, September 1st. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company’s stock. Duke Energy Corporation has a consensus rating of “Hold” and a consensus target price of $84.18.

Shares of Duke Energy Corporation (DUK) opened at 86.97 on Friday. The company has a 50-day moving average price of $86.05 and a 200 day moving average price of $84.77. Duke Energy Corporation has a 52 week low of $72.34 and a 52 week high of $88.40. The stock has a market capitalization of $60.87 billion, a PE ratio of 25.76 and a beta of 0.24.

Duke Energy Corporation (NYSE:DUK) last announced its quarterly earnings results on Thursday, August 3rd. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.01. Duke Energy Corporation had a return on equity of 7.72% and a net margin of 9.89%. The business had revenue of $5.56 billion for the quarter, compared to the consensus estimate of $5.76 billion. During the same period last year, the business posted $1.07 EPS. The business’s revenue was up 6.6% compared to the same quarter last year. Equities analysts forecast that Duke Energy Corporation will post $4.60 EPS for the current fiscal year.

In other news, EVP Douglas F. Esamann sold 5,000 shares of Duke Energy Corporation stock in a transaction on Monday, August 14th. The stock was sold at an average price of $86.22, for a total value of $431,100.00. Following the transaction, the executive vice president now directly owns 50,316 shares in the company, valued at approximately $4,338,245.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.07% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This story was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this story on another domain, it was illegally copied and reposted in violation of US and international trademark and copyright legislation. The correct version of this story can be accessed at https://www.tickerreport.com/banking-finance/2956618/duke-energy-corporation-duk-shares-bought-by-alpha-omega-wealth-management-llc.html.

Duke Energy Corporation Company Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.

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 Corporation (NYSE:DUK).

Institutional Ownership by Quarter for Duke Energy Corporation (NYSE:DUK)

Receive News & Ratings for Duke Energy Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Energy Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.