Duke Energy Corp (DUK) Shares Bought by UMB Bank N A MO

UMB Bank N A MO raised its holdings in Duke Energy Corp (NYSE:DUK) by 1.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 263,813 shares of the utilities provider’s stock after acquiring an additional 2,633 shares during the period. UMB Bank N A MO’s holdings in Duke Energy were worth $22,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Duke Energy by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 50,043,241 shares of the utilities provider’s stock worth $4,183,115,000 after buying an additional 1,572,216 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Duke Energy by 575.7% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 955,632 shares of the utilities provider’s stock worth $81,984,000 after buying an additional 814,210 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of Duke Energy by 259.9% during the 2nd quarter. Janus Henderson Group PLC now owns 830,534 shares of the utilities provider’s stock worth $69,425,000 after buying an additional 599,761 shares during the last quarter. BlackRock Inc. boosted its position in Duke Energy by 1.2% during the 2nd quarter. BlackRock Inc. now owns 43,215,514 shares of the utilities provider’s stock worth $3,612,384,000 after purchasing an additional 506,596 shares during the period. Finally, Parametric Portfolio Associates LLC boosted its position in Duke Energy by 27.8% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,810,773 shares of the utilities provider’s stock worth $151,363,000 after purchasing an additional 393,659 shares during the period. Institutional investors own 57.13% of the company’s stock.

Duke Energy Corp (NYSE DUK) opened at $77.08 on Wednesday. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.71 and a quick ratio of 0.41. The firm has a market cap of $53,765.13, a PE ratio of 17.26, a price-to-earnings-growth ratio of 3.98 and a beta of 0.12. Duke Energy Corp has a 12-month low of $72.93 and a 12-month high of $91.80.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Friday, February 16th will be given a $0.89 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $3.56 dividend on an annualized basis and a yield of 4.62%. Duke Energy’s payout ratio is currently 117.49%.

A number of brokerages recently weighed in on DUK. Zacks Investment Research raised shares of Duke Energy from a “sell” rating to a “hold” rating in a research report on Monday, October 30th. SunTrust Banks set a $82.00 price target on shares of Duke Energy and gave the stock a “hold” rating in a research report on Wednesday, January 3rd. Bank of America reaffirmed a “neutral” rating and set a $92.00 price target on shares of Duke Energy in a research report on Tuesday, October 24th. Morgan Stanley decreased their price target on shares of Duke Energy from $90.00 to $85.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Wolfe Research raised shares of Duke Energy from an “underperform” rating to a “market perform” rating in a research report on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $87.18.

COPYRIGHT VIOLATION WARNING: This news story was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright laws. The correct version of this news story can be read at https://ledgergazette.com/2018/02/14/umb-bank-n-a-mo-has-22-19-million-holdings-in-duke-energy-corp-duk.html.

Duke Energy Company Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.

Institutional Ownership by Quarter for Duke Energy (NYSE:DUK)

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.com's FREE daily email newsletter.

Leave a Reply