Duke Energy (NYSE:DUK) PT Raised to $85.00

Joanna Estrada
April 24, 2018

The company has a current ratio of 0.68, a quick ratio of 0.42 and a debt-to-equity ratio of 1.17. The hedge fund run by David Charney held 250,000 shares of the oil & gas production company at the end of 2017Q4, valued at $5.52M, up from 33,916 at the end of the previous reported quarter.

Trading at the moment with a market cap of $54.84B, DUK has a significant cash 358 million on their books, which will have to be weighed and compared to their $12.48 billion in total current liabilities.

Taking a look at the current stock price for Duke Energy Corporation (NYSE:DUK), we could notice that the shares are trading close to the $78.52 level. About 48,991 shares traded. Broadridge Financial Solutions, Inc. Van Cleef Asset Managementinc acquired 6,666 shares as Duke Energy Corp New (DUK)'s stock declined 8.40%. It has outperformed by 11.56% the S&P500. SunTrust maintained Duke Energy Corporation (NYSE:DUK) on Monday, November 6 with "Hold" rating.

On 5/12/2017 John H. Forsgren, Director, sold 2,190 with an average share price of $82.86 per share and the total transaction amounting to $181,463.40. Adage Partners Grp Limited reported 18,547 shares or 0% of all its holdings. Fjarde Ap-Fonden Fourth Swedish National Pension Fund who had been investing in Duke Energy Corp New for a number of months, seems to be less bullish one the $56.30B market cap company. The overall volume in the last trading session was 2.74 million shares. About 573,800 shares traded or 491.99% up from the average.

North Star Investment Management Corp. increased its position in Duke Energy Corp (NYSE:DUK) by 26.2% during the first quarter, Holdings Channel reports. It has underperformed by 18.42% the S&P500.

Analysts await Broadridge Financial Solutions, Inc. Aviva Public Ltd Company holds 0.19% or 391,851 shares in its portfolio. UHAL's profit would be $12.94 million giving it 130.28 P/E if the $0.66 EPS is correct. During the same period in the prior year, the company earned $1.13 EPS. Electronic Arts Inc. (NASDAQ:EA) at the moment has a 10-month price index of 1.09. It also increased its holding in Vaneck Vectors Etf Tr High Yld Mun Etf by 10,423 shares in the quarter, for a total of 31,102 shares, and has risen its stake in Gabelli Multimedia Tr Inc Com (GGT).

Investors sentiment increased to 1.13 in 2017 Q4. The utilities provider reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $1.03 by $0.01. It increased, as 20 investors sold BR shares while 168 reduced holdings. 100 funds opened positions while 348 raised stakes. Institutional investors own 57.02% of the company's stock. Field Main Bancorporation holds 1,807 shares or 0.15% of its portfolio. Cornercap Inv Counsel Inc invested in 0.45% or 39,465 shares. Guggenheim Capital Lc holds 717,311 shares or 0.14% of its portfolio. Weiss Multi holds 0.17% of its portfolio in SM Energy Company (NYSE:SM) for 297,000 shares. Pacad Limited owns 16,000 shares for 0.31% of their portfolio. M&R Inc reported 11,230 shares stake. First Personal Financial Service stated it has 340 shares. Carlson Cap LP accumulated 350,832 shares. Rafferty Asset Limited Company reported 0.04% stake. 117.58 million shares or 2.17% more from 115.08 million shares in 2017Q3 were reported. Zacks Investment Research raised shares of Duke Energy from a sell rating to a hold rating in a research report on Tuesday, February 13th. Therefore 14% are positive. Duke Energy had 88 analyst reports since August 7, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with "Buy" rating and $90.0 target in Wednesday, March 14 report. The firm has "Equal-Weight" rating given on Monday, April 16 by Morgan Stanley. The rating was downgraded by Raymond James on Tuesday, June 7 to "Market Perform". BMO Capital Markets maintained the shares of DUK in report on Thursday, August 3 with "Hold" rating. The stock of Broadridge Financial Solutions, Inc. Dubuque Bank & Trust Co. now owns 1,900 shares of the utilities provider's stock worth $156,000 after buying an additional 83 shares during the last quarter. The firm has "Sell" rating by Goldman Sachs given on Wednesday, March 28. Reilly Financial Advsrs Ltd Liability Corp invested in 0.03% or 2,293 shares.

On 10/26/2017 NYSE:DUK - Duke Energy announced a quarterly dividend of $0.89 4.05% with an ex dividend date of 11/16/2017 which will be payable on 12/18/2017. The stock spiked 1.97% last month and is down -7.64 this year. DUK's profit will be $808.51M for 17.34 P/E if the $1.12 EPS becomes a reality. Winfield Associate Inc has 0.06% invested in Duke Energy Corporation (NYSE:DUK) for 1,361 shares.

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