Mutual of Omaha Bank Wealth Management Invests $614,000 in Duke Energy Corp (DUK) Stock

Mutual of Omaha Bank Wealth Management acquired a new position in Duke Energy Corp (NYSE:DUK) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,291 shares of the utilities provider’s stock, valued at approximately $614,000.

A number of other institutional investors have also recently bought and sold shares of DUK. Shoker Investment Counsel Inc. increased its position in shares of 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. increased its position in shares of 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. increased its position in shares of 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. Fairfield Bush & CO. increased its position in shares of Duke Energy by 1.2% during the second quarter. Fairfield Bush & CO. now owns 6,333 shares of the utilities provider’s stock worth $529,000 after acquiring an additional 75 shares during the period. Finally, First City Capital Management Inc. increased its position in shares of Duke Energy by 0.4% during the second quarter. First City Capital Management Inc. now owns 20,589 shares of the utilities provider’s stock worth $1,721,000 after acquiring an additional 78 shares during the period. 57.13% of the stock is currently owned by institutional investors.

Duke Energy Corp (NYSE:DUK) opened at $75.48 on Thursday. The stock has a market cap of $53,954.12, a price-to-earnings ratio of 24.91, a price-to-earnings-growth ratio of 4.00 and a beta of 0.12. Duke Energy Corp has a fifty-two week low of $72.93 and a fifty-two week high of $91.80. The company has a quick ratio of 0.41, a current ratio of 0.71 and a debt-to-equity ratio of 1.17.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Friday, February 16th will be issued a $0.89 dividend. The ex-dividend date is Thursday, February 15th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.72%. Duke Energy’s dividend payout ratio is currently 117.49%.

DUK has been the topic of a number of research reports. Bank of America reaffirmed a “neutral” rating and set a $92.00 target price on shares of Duke Energy in a research report on Tuesday, October 24th. Zacks Investment Research raised shares of Duke Energy from a “sell” rating to a “hold” rating in a research report on Monday, October 30th. SunTrust Banks reaffirmed a “hold” rating and set a $90.00 target price on shares of Duke Energy in a research report on Monday, November 6th. Royal Bank of Canada reaffirmed a “buy” rating and set a $87.00 target price on shares of Duke Energy in a research report on Tuesday, November 7th. Finally, Wolfe Research raised shares of Duke Energy from an “underperform” rating to a “market perform” rating in a research report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $87.18.

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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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