Crossmark Global Holdings Inc. Has $5.38 Million Position in Duke Energy Corp (DUK)

Crossmark Global Holdings Inc. lifted its position in Duke Energy Corp (NYSE:DUK) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,956 shares of the utilities provider’s stock after purchasing an additional 1,494 shares during the period. Crossmark Global Holdings Inc.’s holdings in Duke Energy were worth $5,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hudock Capital Group LLC lifted its stake in shares of Duke Energy by 0.3% in the 2nd quarter. Hudock Capital Group LLC now owns 8,370 shares of the utilities provider’s stock valued at $699,000 after purchasing an additional 24 shares during the period. Shoker Investment Counsel Inc. raised its position in Duke Energy by 0.6% during the second quarter. Shoker Investment Counsel Inc. now owns 4,512 shares of the utilities provider’s stock worth $377,000 after acquiring an additional 28 shares during the period. Laurel Wealth Advisors Inc. raised its position in Duke Energy by 0.3% during the second quarter. Laurel Wealth Advisors Inc. now owns 12,643 shares of the utilities provider’s stock worth $1,056,000 after acquiring an additional 32 shares during the period. South Texas Money Management Ltd. raised its position in Duke Energy by 1.1% during the second quarter. South Texas Money Management Ltd. now owns 3,346 shares of the utilities provider’s stock worth $280,000 after acquiring an additional 36 shares during the period. Finally, Lbmc Investment Advisors LLC raised its position in Duke Energy by 0.8% during the second quarter. Lbmc Investment Advisors LLC now owns 5,778 shares of the utilities provider’s stock worth $483,000 after acquiring an additional 44 shares during the period. Hedge funds and other institutional investors own 57.24% of the company’s stock.

DUK has been the subject of a number of research analyst reports. Citigroup upped their price objective on shares of Duke Energy from $74.00 to $77.00 and gave the stock a “sell” rating in a research report on Tuesday, October 17th. ValuEngine cut shares of Duke Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, December 19th. Goldman Sachs Group cut shares of Duke Energy from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $80.11 to $88.00 in a research report on Wednesday, January 10th. Royal Bank of Canada restated a “buy” rating and set a $91.00 price objective on shares of Duke Energy in a research report on Thursday, February 1st. Finally, UBS Group initiated coverage on shares of Duke Energy in a research report on Friday, February 2nd. They set a “buy” rating and a $91.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $87.98.

Shares of Duke Energy Corp (NYSE DUK) opened at $74.40 on Thursday. The company has a market cap of $52,141.18, a PE ratio of 16.74, a PEG ratio of 3.86 and a beta of 0.12. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.71 and a quick ratio of 0.41. Duke Energy Corp has a 12-month low of $72.93 and a 12-month high of $91.80.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Friday, February 16th will be given a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.78%. The ex-dividend date of this dividend is Thursday, February 15th. Duke Energy’s dividend payout ratio (DPR) is 117.49%.

In other news, EVP Lloyd M. Yates sold 5,000 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $89.95, for a total value of $449,750.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.07% of the stock is owned by corporate insiders.

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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.

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

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