Investors purchased shares of Duke Energy Corp. (NYSE:DUK) on weakness during trading hours on Thursday. $76.13 million flowed into the stock on the tick-up and $54.81 million flowed out of the stock on the tick-down, for a money net flow of $21.32 million into the stock. Of all companies tracked, Duke Energy Corp. had the 20th highest net in-flow for the day. Duke Energy Corp. traded down ($1.94) for the day and closed at $85.29

Several research analysts have commented on the stock. Zacks Investment Research upgraded shares of Duke Energy Corp. from a “sell” rating to a “hold” rating in a report on Thursday, April 28th. Argus lowered shares of Duke Energy Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, April 6th. They noted that the move was a valuation call. SunTrust Banks Inc. upped their price objective on shares of Duke Energy Corp. from $80.00 to $81.00 and gave the stock a “neutral” rating in a report on Monday, March 14th. Barclays PLC upped their price objective on shares of Duke Energy Corp. from $74.00 to $80.00 and gave the stock an “equal weight” rating in a report on Friday, March 18th. Finally, Mizuho upped their target price on shares of Duke Energy Corp. from $72.00 to $80.00 and gave the stock a “neutral” rating in a research report on Friday, March 18th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company. Duke Energy Corp. currently has an average rating of “Hold” and a consensus target price of $77.54.

The company has a market cap of $58.76 billion and a price-to-earnings ratio of 22.27. The stock’s 50-day moving average is $81.28 and its 200-day moving average is $77.73.

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

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

In related news, Director E Marie Mckee sold 1,558 shares of Duke Energy Corp. stock in a transaction dated Monday, May 23rd. The stock was sold at an average price of $76.66, for a total value of $119,436.28. Following the completion of the sale, 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.

Other hedge funds have recently added to or reduced their stakes in the company. Conning Inc. increased its stake in Duke Energy Corp. by 22.6% in the fourth quarter. Conning Inc. now owns 39,324 shares of the company’s stock valued at $2,807,000 after buying an additional 7,250 shares during the last quarter. TD Asset Management Inc. increased its stake in Duke Energy Corp. by 0.4% in the fourth quarter. TD Asset Management Inc. now owns 1,613,506 shares of the company’s stock valued at $115,188,000 after buying an additional 6,843 shares during the last quarter. Wedbush Securities Inc. increased its stake in Duke Energy Corp. by 6.1% in the fourth quarter. Wedbush Securities Inc. now owns 16,898 shares of the company’s stock valued at $1,206,000 after buying an additional 974 shares during the last quarter. Rockefeller Financial Services Inc. increased its stake in Duke Energy Corp. by 64.4% in the fourth quarter. Rockefeller Financial Services Inc. now owns 17,016 shares of the company’s stock valued at $1,215,000 after buying an additional 6,666 shares during the last quarter. Finally, Cadence Capital Management LLC increased its stake in Duke Energy Corp. by 4.0% in the fourth quarter. Cadence Capital Management LLC now owns 47,067 shares of the company’s stock valued at $3,360,000 after buying an additional 1,801 shares during the last quarter.

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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