Shares of Duke Energy Corp. (NYSE:DUK) traded down 2% on Thursday . The stock traded as low as $85.30 and last traded at $85.46, with a volume of 1,912,064 shares trading hands. The stock had previously closed at $87.23.

Several research firms have recently commented on DUK. Mizuho restated a “hold” rating on shares of Duke Energy Corp. in a research report on Saturday, March 19th. Barclays PLC restated a “hold” rating on shares of Duke Energy Corp. in a research report on Saturday, March 19th. Deutsche Bank AG restated a “hold” rating on shares of Duke Energy Corp. in a research report on Monday, April 18th. Zacks Investment Research upgraded shares of Duke Energy Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, May 10th. Finally, SunTrust Banks Inc. lowered their price target on shares of Duke Energy Corp. from $84.00 to $82.00 in a research report on Tuesday, April 12th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company. Duke Energy Corp. currently has a consensus rating of “Hold” and an average price target of $77.54.

The company’s 50 day moving average price is $81.28 and its 200-day moving average price is $77.73. The stock has a market capitalization of $58.76 billion and a P/E ratio of 22.27.

Duke Energy Corp. (NYSE:DUK) last released its quarterly earnings data on Tuesday, May 3rd. The company reported $1.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by $0.01. The business earned $5.26 billion during the quarter, compared to analysts’ expectations of $6.03 billion. During the same period in the prior year, the company earned $1.24 EPS. Duke Energy Corp.’s quarterly revenue was down 7.3% on a year-over-year basis. On average, equities research analysts predict that Duke Energy Corp. will post $4.59 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 16th. Shareholders of record on Friday, May 20th were paid a dividend of $0.825 per share. The ex-dividend date was Wednesday, May 18th. This represents a $3.30 annualized dividend and a yield of 3.87%.

In other Duke Energy Corp. news, Director E Marie Mckee sold 1,558 shares of the stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $76.66, for a total transaction of $119,436.28. Following the completion of the transaction, the director now directly owns 1 shares in the company, valued at $76.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Several hedge funds have made changes to their positions in the stock. United Asset Strategies Inc. raised its stake in shares of Duke Energy Corp. by 2.9% in the fourth quarter. United Asset Strategies Inc. now owns 14,328 shares of the company’s stock worth $1,023,000 after buying an additional 407 shares during the period. Pettyjohn Wood & White Inc. raised its stake in shares of Duke Energy Corp. by 16.3% in the fourth quarter. Pettyjohn Wood & White Inc. now owns 14,865 shares of the company’s stock worth $1,061,000 after buying an additional 2,079 shares during the period. Carnegie Capital Asset Management LLC raised its stake in shares of Duke Energy Corp. by 3.5% in the fourth quarter. Carnegie Capital Asset Management LLC now owns 14,598 shares of the company’s stock worth $1,099,000 after buying an additional 494 shares during the period. Alerus Investment Advisors Corp raised its stake in shares of Duke Energy Corp. by 17.8% in the fourth quarter. Alerus Investment Advisors Corp now owns 15,734 shares of the company’s stock worth $1,123,000 after buying an additional 2,382 shares during the period. Finally, ICON Advisers raised its stake in shares of Duke Energy Corp. by 74.4% in the third quarter. ICON Advisers now owns 15,700 shares of the company’s stock worth $1,129,000 after buying an additional 6,700 shares during the period.

Duke Energy Corporation (Duke Energy) is an energy company. The Company’s segments include Regulated Utilities, International Energy and Commercial Portfolio. Duke Energy’s subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke Energy Ohio, Inc (Duke Energy Ohio), and Duke Energy Indiana, Inc (Duke Energy Indiana).

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