1 week Ago By ABMN Staff
Duke Energy ( NYSE:DUK – Free Report ) had its target price hoisted by Barclays from $111.00 to $123.00 in a research note issued to investors on Tuesday, Benzinga reports.
Barclays currently has an overweight rating on the utilities provider’s stock. A number of other brokerages also recently issued reports on DUK. Morgan Stanley lifted their price target on Duke Energy from $123.
00 to $128.00 and gave the stock an “equal weight” rating in a report on Thursday, March 20th. Scotiabank boosted their target price on Duke Energy from $113.
00 to $120.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Jefferies Financial Group increased their price target on shares of Duke Energy from $129.
00 to $132.00 and gave the company a “buy” rating in a research note on Friday, February 21st. JPMorgan Chase & Co.
upped their target price on shares of Duke Energy from $114.00 to $121.00 and gave the company a “neutral” rating in a report on Tuesday, March 11th.
Finally, Guggenheim lifted their price target on shares of Duke Energy from $132.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th.
Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $124.
20. View Our Latest Analysis on DUK Duke Energy Stock Performance Duke Energy ( NYSE:DUK – Get Free Report ) last posted its quarterly earnings results on Thursday, February 13th. The utilities provider reported $1.
66 EPS for the quarter, topping the consensus estimate of $1.61 by $0.05.
Duke Energy had a net margin of 14.90% and a return on equity of 9.50%.
On average, analysts predict that Duke Energy will post 6.33 earnings per share for the current fiscal year. Duke Energy Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th.
Investors of record on Friday, February 14th were given a $1.045 dividend. The ex-dividend date of this dividend was Friday, February 14th.
This represents a $4.18 dividend on an annualized basis and a yield of 3.61%.
Duke Energy’s dividend payout ratio (DPR) is 73.20%. Institutional Trading of Duke Energy Several hedge funds have recently made changes to their positions in the company.
Vermillion Wealth Management Inc. purchased a new position in Duke Energy during the fourth quarter worth about $27,000. Parkworth Wealth Management Inc.
purchased a new position in shares of Duke Energy during the 4th quarter worth approximately $28,000. Mattson Financial Services LLC acquired a new stake in shares of Duke Energy in the 4th quarter valued at approximately $28,000. WealthTrak Capital Management LLC purchased a new stake in shares of Duke Energy in the fourth quarter valued at approximately $30,000.
Finally, Sierra Ocean LLC acquired a new position in Duke Energy during the fourth quarter worth $31,000. Institutional investors and hedge funds own 65.31% of the company’s stock.
About Duke Energy ( Get Free Report ) 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.
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