XML Financial LLC Has $525,000 Stock Position in Duke Energy Co. (NYSE:DUK)

XML Financial LLC cut its holdings in shares of Duke Energy Co. (NYSE:DUK) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,870 shares of the utilities provider’s stock after selling 94 shares during the period. XML Financial LLC’s holdings in Duke Energy were worth $525,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Legacy Investment Solutions LLC acquired a new stake in Duke Energy during the 3rd quarter worth $29,000. Northwest Investment Counselors LLC bought a new position in shares of Duke Energy in the 3rd quarter worth $30,000. Winch Advisory Services LLC grew its stake in shares of Duke Energy by 332.9% during the fourth quarter. Winch Advisory Services LLC now owns 316 shares of the utilities provider’s stock worth $34,000 after purchasing an additional 243 shares during the period. Reston Wealth Management LLC acquired a new position in Duke Energy in the third quarter valued at about $38,000. Finally, Catalyst Capital Advisors LLC boosted its holdings in Duke Energy by 100.0% during the third quarter. Catalyst Capital Advisors LLC now owns 334 shares of the utilities provider’s stock worth $39,000 after buying an additional 167 shares during the last quarter. Institutional investors and hedge funds own 65.31% of the company’s stock.

Wall Street Analysts Forecast Growth

DUK has been the topic of a number of analyst reports. Mizuho upgraded shares of Duke Energy from a “neutral” rating to an “outperform” rating and increased their price target for the company from $116.00 to $121.00 in a research report on Tuesday, October 15th. KeyCorp cut shares of Duke Energy from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, October 22nd. Morgan Stanley lowered their price objective on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Scotiabank lifted their target price on Duke Energy from $113.00 to $120.00 and gave the stock a “sector perform” rating in a report on Thursday, December 12th. Finally, Barclays increased their price target on Duke Energy from $102.00 to $118.00 and gave the stock an “overweight” rating in a report on Tuesday, October 1st. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $122.23.

Duke Energy Stock Performance

Shares of DUK stock opened at $108.86 on Thursday. The firm has a market cap of $84.09 billion, a PE ratio of 20.01, a P/E/G ratio of 2.72 and a beta of 0.49. Duke Energy Co. has a 12 month low of $90.09 and a 12 month high of $121.25. The company’s fifty day simple moving average is $110.38 and its 200-day simple moving average is $112.19. The company has a quick ratio of 0.45, a current ratio of 0.70 and a debt-to-equity ratio of 1.55.

Duke Energy (NYSE:DUK) last posted its quarterly earnings data on Thursday, November 7th. The utilities provider reported $1.62 EPS for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.11). Duke Energy had a return on equity of 9.34% and a net margin of 14.31%. The business had revenue of $8.16 billion for the quarter, compared to analyst estimates of $8.06 billion. During the same quarter in the prior year, the company earned $1.94 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Equities research analysts expect that Duke Energy Co. will post 5.92 EPS for the current fiscal year.

Duke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 14th will be paid a $1.045 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $4.18 annualized dividend and a dividend yield of 3.84%. Duke Energy’s dividend payout ratio is presently 76.84%.

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.