2 weeks Ago By ABMN Staff
Mackenzie Financial Corp boosted its holdings in shares of Duke Energy Co. ( NYSE:DUK – Free Report ) by 65.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 2,052,969 shares of the utilities provider’s stock after purchasing an additional 813,744 shares during the period. Mackenzie Financial Corp owned about 0.27% of Duke Energy worth $205,769,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Northwest Investment Counselors LLC purchased a new position in shares of Duke Energy in the 1st quarter worth about $25,000. Fortitude Family Office LLC raised its stake in Duke Energy by 69.
6% during the 2nd quarter. Fortitude Family Office LLC now owns 290 shares of the utilities provider’s stock valued at $29,000 after buying an additional 119 shares during the last quarter. Riverview Trust Co bought a new position in shares of Duke Energy during the 1st quarter valued at $30,000.
Olistico Wealth LLC purchased a new position in shares of Duke Energy in the 2nd quarter worth $30,000. Finally, Cedar Wealth Management LLC grew its stake in shares of Duke Energy by 101.2% during the 1st quarter.
Cedar Wealth Management LLC now owns 336 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 169 shares during the period. 65.31% of the stock is currently owned by institutional investors.
Duke Energy Trading Down 0.9 % Shares of DUK opened at $115.17 on Friday.
Duke Energy Co. has a twelve month low of $83.06 and a twelve month high of $118.
31. The company has a current ratio of 0.81, a quick ratio of 0.
53 and a debt-to-equity ratio of 1.56. The company’s fifty day simple moving average is $113.
32 and its 200-day simple moving average is $104.44. The company has a market cap of $88.
93 billion, a P/E ratio of 28.94, a P/E/G ratio of 3.22 and a beta of 0.
47. Duke Energy Increases Dividend The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 16th were paid a dividend of $1.
045 per share. This is a positive change from Duke Energy’s previous quarterly dividend of $1.03.
This represents a $4.18 dividend on an annualized basis and a dividend yield of 3.63%.
The ex-dividend date was Friday, August 16th. Duke Energy’s payout ratio is currently 105.03%.
Insider Activity at Duke Energy In related news, EVP Louis E. Renjel sold 540 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $113.
64, for a total value of $61,365.60. Following the completion of the sale, the executive vice president now owns 19,884 shares in the company, valued at $2,259,617.
76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . 0.
10% of the stock is currently owned by company insiders. Wall Street Analyst Weigh In DUK has been the subject of several recent research reports. Jefferies Financial Group assumed coverage on Duke Energy in a report on Thursday, September 19th.
They set a “buy” rating and a $138.00 price target for the company. The Goldman Sachs Group upped their price target on shares of Duke Energy from $102.
00 to $113.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. KeyCorp increased their price target on Duke Energy from $117.
00 to $121.00 and gave the stock an “overweight” rating in a research note on Monday, September 16th. Scotiabank upped their price target on Duke Energy from $104.
00 to $113.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $135.
00 price objective on shares of Duke Energy in a research report on Thursday, August 29th. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.
com, the stock has an average rating of “Moderate Buy” and an average target price of $116.79. View Our Latest Research Report on DUK Duke Energy Profile ( 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. See Also 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.
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