Dakota Community Bank & Trust NA Has $156,000 Holdings in Duke Energy Co. (NYSE:DUK)

Dakota Community Bank & Trust NA reduced its holdings in shares of Duke Energy Co. (NYSE:DUK) by 6.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,445 shares of the utilities provider’s stock after selling 97 shares during the quarter. Dakota Community Bank & Trust NA’s holdings in Duke Energy were worth $156,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in DUK. Pathway Financial Advisers LLC increased its holdings in shares of Duke Energy by 11,471.4% in the third quarter. Pathway Financial Advisers LLC now owns 6,777,973 shares of the utilities provider’s stock valued at $781,500,000 after purchasing an additional 6,719,398 shares during the last quarter. Groupama Asset Managment acquired a new position in Duke Energy in the 3rd quarter valued at about $2,537,000. Zimmer Partners LP bought a new position in Duke Energy in the 3rd quarter valued at about $166,263,000. Assenagon Asset Management S.A. lifted its position in Duke Energy by 155.1% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,873,321 shares of the utilities provider’s stock worth $201,832,000 after acquiring an additional 1,138,979 shares during the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of Duke Energy by 13,829.1% in the third quarter. International Assets Investment Management LLC now owns 1,125,607 shares of the utilities provider’s stock valued at $129,782,000 after purchasing an additional 1,117,526 shares during the last quarter. Institutional investors own 65.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DUK shares. Scotiabank boosted their price target on Duke Energy from $113.00 to $120.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Mizuho raised shares of Duke Energy from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $116.00 to $121.00 in a research report on Tuesday, October 15th. Morgan Stanley lowered their price target on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. KeyCorp downgraded shares of Duke Energy from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 22nd. Finally, Barclays lifted their price target on shares of Duke Energy from $102.00 to $118.00 and gave the company an “overweight” rating in a research 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 MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $122.23.

Duke Energy Trading Up 0.3 %

Shares of DUK opened at $109.34 on Friday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.45 and a current ratio of 0.70. Duke Energy Co. has a 52-week low of $90.09 and a 52-week high of $121.25. The firm has a market cap of $84.47 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 2.64 and a beta of 0.49. The business’s fifty day moving average is $110.55 and its 200-day moving average is $111.81.

Duke Energy (NYSE:DUK) last released its earnings results on Thursday, November 7th. The utilities provider reported $1.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.11). The business had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $8.06 billion. Duke Energy had a net margin of 14.31% and a return on equity of 9.34%. The business’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.94 EPS. Equities analysts anticipate that Duke Energy Co. will post 5.94 EPS for the current fiscal year.

Duke Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 14th will be given a $1.045 dividend. The ex-dividend date is Friday, February 14th. This represents a $4.18 dividend on an annualized basis and a yield of 3.82%. Duke Energy’s dividend payout ratio is currently 76.84%.

Duke Energy 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.