Fidelis Capital Partners LLC Sells 955 Shares of Duke Energy Co. (NYSE:DUK)

Fidelis Capital Partners LLC decreased its position in Duke Energy Co. (NYSE:DUK) by 17.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,526 shares of the utilities provider’s stock after selling 955 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Duke Energy were worth $439,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. CKW Financial Group bought a new stake in shares of Duke Energy in the 3rd quarter worth about $25,000. Chilton Capital Management LLC bought a new stake in shares of Duke Energy in the 1st quarter worth about $28,000. FSC Wealth Advisors LLC bought a new stake in shares of Duke Energy in the 3rd quarter worth about $29,000. Fairfield Bush & CO. bought a new stake in Duke Energy during the 1st quarter worth about $40,000. Finally, Compass Wealth Management LLC acquired a new stake in Duke Energy in the 4th quarter valued at about $41,000. Institutional investors own 65.31% of the company’s stock.

Duke Energy Stock Up 2.4 %

Duke Energy stock opened at $98.24 on Friday. The company’s 50 day simple moving average is $94.20 and its 200 day simple moving average is $93.32. Duke Energy Co. has a fifty-two week low of $83.06 and a fifty-two week high of $100.39. The firm has a market capitalization of $75.79 billion, a price-to-earnings ratio of 27.67, a PEG ratio of 2.55 and a beta of 0.46. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.74 and a quick ratio of 0.49.

Duke Energy (NYSE:DUK) last announced its quarterly earnings results on Thursday, February 8th. The utilities provider reported $1.51 earnings per share for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $7.24 billion. During the same period in the previous year, the firm posted $1.11 EPS. The business’s quarterly revenue was down 1.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Duke Energy Co. will post 5.99 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. KeyCorp raised their price objective on shares of Duke Energy from $106.00 to $107.00 and gave the company an “overweight” rating in a research report on Thursday, January 4th. BMO Capital Markets lowered their price objective on shares of Duke Energy from $101.00 to $99.00 and set an “outperform” rating for the company in a research report on Tuesday. Mizuho lifted their price target on shares of Duke Energy from $89.00 to $99.00 and gave the stock a “neutral” rating in a research report on Friday, April 5th. Wells Fargo & Company lowered their price target on shares of Duke Energy from $103.00 to $100.00 and set an “overweight” rating for the company in a research report on Friday, February 9th. Finally, Evercore ISI upgraded shares of Duke Energy from an “in-line” rating to an “outperform” rating and lifted their price target for the stock from $90.00 to $108.00 in a research report on Tuesday, January 23rd. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $101.17.

Insider Buying and Selling at Duke Energy

In other Duke Energy news, EVP Louis E. Renjel sold 3,000 shares of Duke Energy stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $92.57, for a total value of $277,710.00. Following the transaction, 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 legal filing with the SEC, which is accessible through this link. Insiders own 0.10% of the company’s stock.

About Duke Energy

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.