Traders purchased shares of Duke Energy Corp. (NYSE:DUK) on weakness during trading 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

DUK has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Duke Energy Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, April 28th. Argus downgraded shares of Duke Energy Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, April 6th. They noted that the move was a valuation call. SunTrust Banks Inc. boosted their price objective on shares of Duke Energy Corp. from $80.00 to $81.00 and gave the stock a “neutral” rating in a research note on Monday, March 14th. Barclays PLC boosted 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 research note on Friday, March 18th. Finally, Mizuho boosted their price objective on shares of Duke Energy Corp. from $72.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday, March 18th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company’s stock. Duke Energy Corp. currently has an average rating of “Hold” and an average target price of $77.54.

The company has a market cap of $59.25 billion and a PE ratio of 22.46. The firm’s 50 day moving average price is $81.54 and its 200 day moving average price is $77.85.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 16th. Shareholders of record on Friday, May 20th were given a $0.825 dividend. The ex-dividend date was Wednesday, May 18th. This represents a $3.30 annualized dividend and a yield of 3.84%.

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

A number of institutional investors have modified their holdings of the stock. MUFG Americas boosted its position in shares of Duke Energy Corp. by 1.8% in the third quarter. MUFG Americas now owns 41,041 shares of the company’s stock valued at $2,953,000 after buying an additional 721 shares in the last quarter. Park National boosted its position in shares of Duke Energy Corp. by 0.3% in the fourth quarter. Park National now owns 120,967 shares of the company’s stock valued at $8,636,000 after buying an additional 332 shares in the last quarter. ICON Advisers boosted its position 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 valued at $1,129,000 after buying an additional 6,700 shares in the last quarter. Carnegie Capital Asset Management LLC boosted its position 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 valued at $1,099,000 after buying an additional 494 shares in the last quarter. Finally, Swiss National Bank boosted its position in shares of Duke Energy Corp. by 0.9% in the fourth quarter. Swiss National Bank now owns 1,873,891 shares of the company’s stock valued at $133,777,000 after buying an additional 17,200 shares in 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).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.