Blake Schutter Theil Wealth Advisors LLC Has $1.02 Million Holdings in Duke Energy Co. (NYSE:DUK)

Blake Schutter Theil Wealth Advisors LLC decreased its stake in shares of Duke Energy Co. (NYSE:DUK) by 1.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 9,474 shares of the utilities provider’s stock after selling 127 shares during the quarter. Duke Energy accounts for about 1.1% of Blake Schutter Theil Wealth Advisors LLC’s investment portfolio, making the stock its 17th biggest position. Blake Schutter Theil Wealth Advisors LLC’s holdings in Duke Energy were worth $1,021,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Geode Capital Management LLC increased its position in shares of Duke Energy by 2.6% during the 3rd quarter. Geode Capital Management LLC now owns 17,488,176 shares of the utilities provider’s stock worth $2,016,846,000 after purchasing an additional 442,302 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Duke Energy by 1.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,562,545 shares of the utilities provider’s stock worth $922,529,000 after buying an additional 135,665 shares during the last quarter. Amundi raised its holdings in shares of Duke Energy by 29.2% in the fourth quarter. Amundi now owns 2,488,849 shares of the utilities provider’s stock valued at $269,368,000 after buying an additional 561,784 shares during the last quarter. Swiss National Bank lifted its holdings in Duke Energy by 0.3% during the 3rd quarter. Swiss National Bank now owns 2,290,641 shares of the utilities provider’s stock worth $264,111,000 after buying an additional 6,500 shares in the last quarter. Finally, Groupama Asset Managment bought a new stake in shares of Duke Energy during the third quarter worth approximately $2,537,000. Institutional investors and hedge funds own 65.31% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group increased their price objective on shares of Duke Energy from $129.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. BMO Capital Markets increased their price objective on shares of Duke Energy from $119.00 to $124.00 and gave the company an “outperform” rating in a research report on Monday, February 3rd. Guggenheim boosted their price target on Duke Energy from $132.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday. 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. Finally, Morgan Stanley dropped their target price on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $122.57.

Duke Energy Stock Performance

DUK opened at $116.78 on Friday. The company has a fifty day moving average of $111.81 and a 200 day moving average of $113.25. Duke Energy Co. has a fifty-two week low of $92.75 and a fifty-two week high of $121.25. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.44 and a current ratio of 0.67. The stock has a market capitalization of $90.68 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 2.79 and a beta of 0.48.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Thursday, February 13th. The utilities provider reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.05. Duke Energy had a net margin of 14.90% and a return on equity of 9.50%. As a group, sell-side analysts forecast that Duke Energy Co. will post 6.33 earnings per share for the current fiscal year.

Duke Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 14th will be given a dividend of $1.045 per share. The ex-dividend date is Friday, February 14th. This represents a $4.18 dividend on an annualized basis and a yield of 3.58%. Duke Energy’s dividend payout ratio is currently 73.20%.

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.