Simplicity Wealth LLC trimmed its place in Duke Power Co. (NYSE:DUK – Free Report) by 91.6% through the third quarter, HoldingsChannel.com studies. The institutional investor owned 2,034 shares of the utilities supplier’s inventory after promoting 22,195 shares through the interval. Simplicity Wealth LLC’s holdings in Duke Power had been value $235,000 as of its most up-to-date submitting with the Securities and Trade Fee (SEC).
Different hedge funds and different institutional traders have additionally just lately purchased and offered shares of the corporate. Northwest Funding Counselors LLC bought a brand new place in Duke Power within the 1st quarter valued at $25,000. Fortitude Household Workplace LLC boosted its place in shares of Duke Power by 69.6% through the 2nd quarter. Fortitude Household Workplace LLC now owns 290 shares of the utilities supplier’s inventory value $29,000 after buying an extra 119 shares within the final quarter. Olistico Wealth LLC bought a brand new stake in shares of Duke Power through the 2nd quarter value $30,000. Riverview Belief Co bought a brand new stake in shares of Duke Power through the 1st quarter value $30,000. Lastly, Sachetta LLC boosted its place in shares of Duke Power by 41.9% through the 2nd quarter. Sachetta LLC now owns 325 shares of the utilities supplier’s inventory value $36,000 after buying an extra 96 shares within the final quarter. 65.31% of the inventory is at the moment owned by hedge funds and different institutional traders.
Wall Avenue Analyst Weigh In
A number of equities analysis analysts have commented on DUK shares. BMO Capital Markets boosted their goal value on shares of Duke Power from $120.00 to $126.00 and gave the inventory an “outperform” score in a analysis report on Wednesday, September 18th. The Goldman Sachs Group boosted their goal value on shares of Duke Power from $102.00 to $113.00 and gave the inventory a “impartial” score in a analysis report on Monday, August twelfth. Scotiabank boosted their goal value on shares of Duke Power from $104.00 to $113.00 and gave the inventory a “sector carry out” score in a analysis report on Tuesday, August twentieth. Wells Fargo & Firm boosted their value goal on shares of Duke Power from $110.00 to $122.00 and gave the inventory an “obese” score in a analysis report on Wednesday, August seventh. Lastly, KeyCorp elevated their value goal on shares of Duke Power from $121.00 to $125.00 and gave the corporate an “obese” score in a analysis notice on Monday, September thirtieth. Seven analysis analysts have rated the inventory with a maintain score and 7 have given a purchase score to the inventory. In keeping with MarketBeat.com, the inventory presently has a consensus score of “Reasonable Purchase” and a median value goal of $120.15.
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Insider Transactions at Duke Power
In different information, EVP Louis E. Renjel offered 540 shares of the inventory in a transaction dated Thursday, August eighth. The shares had been offered at a median value of $113.64, for a complete transaction of $61,365.60. Following the transaction, the chief vice chairman now immediately owns 19,884 shares within the firm, valued at $2,259,617.76. This represents a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the SEC, which is accessible at this hyperlink. Insiders personal 0.10% of the corporate’s inventory.
Duke Power Worth Efficiency
NYSE:DUK opened at $115.14 on Tuesday. The agency has a market cap of $88.86 billion, a price-to-earnings ratio of 28.93, a price-to-earnings-growth ratio of three.06 and a beta of 0.46. The corporate has a present ratio of 0.81, a fast ratio of 0.53 and a debt-to-equity ratio of 1.56. The corporate’s 50-day shifting common is $114.46 and its two-hundred day shifting common is $106.16. Duke Power Co. has a 12-month low of $85.79 and a 12-month excessive of $118.31.
Duke Power (NYSE:DUK – Get Free Report) final launched its earnings outcomes on Tuesday, August sixth. The utilities supplier reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.16. The corporate had income of $7.17 billion for the quarter, in comparison with analyst estimates of $6.84 billion. Duke Power had a web margin of 14.29% and a return on fairness of 9.71%. The agency’s quarterly income was up 9.0% on a year-over-year foundation. Throughout the identical interval within the prior yr, the agency earned $0.91 EPS. Analysis analysts anticipate that Duke Power Co. will publish 5.97 EPS for the present yr.
Duke Power Pronounces Dividend
The enterprise additionally just lately disclosed a quarterly dividend, which might be paid on Monday, December sixteenth. Stockholders of file on Friday, November fifteenth might be issued a dividend of $1.045 per share. The ex-dividend date of this dividend is Friday, November fifteenth. This represents a $4.18 annualized dividend and a dividend yield of three.63%. Duke Power’s payout ratio is at the moment 105.03%.
Duke Power Firm Profile
Duke Power Company, along with its subsidiaries, operates as an vitality firm in america. It operates by way of two segments: Electrical Utilities and Infrastructure (EU&I), and Gasoline Utilities and Infrastructure (GU&I). The EU&I section generates, transmits, distributes, and sells electrical energy within the Carolinas, Florida, and the Midwest.
Featured Tales
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