Little House Capital LLC Has $1.51 Million Holdings in Duke Energy Co. (NYSE:DUK)

Little House Capital LLC lifted its holdings in shares of Duke Energy Co. (NYSE:DUK) by 65.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 15,589 shares of the utilities provider’s stock after acquiring an additional 6,194 shares during the period. Little House Capital LLC’s holdings in Duke Energy were worth $1,513,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Stonebrook Private Inc. acquired a new stake in shares of Duke Energy during the 4th quarter worth approximately $261,000. Principle Wealth Partners LLC boosted its stake in Duke Energy by 30.5% during the 4th quarter. Principle Wealth Partners LLC now owns 26,909 shares of the utilities provider’s stock worth $2,611,000 after acquiring an additional 6,293 shares during the last quarter. Intact Investment Management Inc. boosted its stake in Duke Energy by 39.9% during the 4th quarter. Intact Investment Management Inc. now owns 43,500 shares of the utilities provider’s stock worth $4,221,000 after acquiring an additional 12,400 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Duke Energy by 1.6% during the 4th quarter. Russell Investments Group Ltd. now owns 891,634 shares of the utilities provider’s stock worth $86,524,000 after acquiring an additional 13,668 shares during the last quarter. Finally, Private Wealth Partners LLC lifted its stake in Duke Energy by 16.3% in the fourth quarter. Private Wealth Partners LLC now owns 15,551 shares of the utilities provider’s stock valued at $1,509,000 after buying an additional 2,175 shares in the last quarter. Institutional investors and hedge funds own 65.31% of the company’s stock.

Insider Activity

In other news, EVP Louis E. Renjel sold 3,000 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $92.57, for a total value of $277,710.00. Following the completion of the sale, the executive vice president now owns 14,213 shares of the company’s stock, valued at $1,315,697.41. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by company insiders.

Duke Energy Stock Performance

Shares of NYSE:DUK traded down $1.32 on Friday, hitting $97.71. The company had a trading volume of 1,994,792 shares, compared to its average volume of 2,375,920. Duke Energy Co. has a 1-year low of $83.06 and a 1-year high of $100.13. The stock has a market cap of $75.38 billion, a price-to-earnings ratio of 27.52, a P/E/G ratio of 2.60 and a beta of 0.46. The stock has a 50 day moving average price of $94.84 and a 200 day moving average price of $93.77. The company has a current ratio of 0.74, a quick ratio of 0.49 and a debt-to-equity ratio of 1.50.

Duke Energy (NYSE:DUK) last released its quarterly earnings data on Thursday, February 8th. The utilities provider reported $1.51 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.02). Duke Energy had a net margin of 9.78% and a return on equity of 8.93%. The company had revenue of $7.21 billion during the quarter, compared to analyst estimates of $7.24 billion. During the same quarter in the prior year, the firm earned $1.11 earnings per share. Duke Energy’s revenue for the quarter was down 1.9% on a year-over-year basis. Analysts expect that Duke Energy Co. will post 5.98 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Barclays lifted their price target on shares of Duke Energy from $99.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday, April 15th. Bank of America lifted their price objective on shares of Duke Energy from $96.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. KeyCorp lifted their price objective on shares of Duke Energy from $106.00 to $107.00 and gave the company an “overweight” rating in a report on Thursday, January 4th. Wells Fargo & Company lowered their price objective on shares of Duke Energy from $103.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, February 9th. Finally, Mizuho lifted their price objective on shares of Duke Energy from $89.00 to $99.00 and gave the company a “neutral” rating in a report on Friday, April 5th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $100.62.

Duke Energy Company 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.