Duke Energy Corp. (NYSE:DUK) fell 0.9% during mid-day trading on Monday . The stock traded as low as $82.75 and last traded at $82.75, with a volume of 1,322,056 shares. The stock had previously closed at $83.49.

Several brokerages have issued reports on DUK. Scotiabank reaffirmed a “sector perform” rating and set a $88.00 price target (up previously from $78.00) on shares of Duke Energy Corp. in a research note on Wednesday, August 10th. Howard Weil lifted their price target on Duke Energy Corp. from $78.00 to $88.00 and gave the stock a “sector perform” rating in a research note on Monday, August 8th. Mizuho lifted their price target on Duke Energy Corp. from $75.00 to $80.00 and gave the stock a “neutral” rating in a research note on Thursday, August 4th. Argus reaffirmed a “hold” rating on shares of Duke Energy Corp. in a research note on Tuesday, July 26th. Finally, Citigroup Inc. lifted their price target on Duke Energy Corp. from $72.00 to $82.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 20th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the stock. Duke Energy Corp. has a consensus rating of “Hold” and an average target price of $80.53.

The firm has a 50-day moving average price of $85.08 and a 200-day moving average price of $80.27. The stock has a market cap of $56.26 billion and a PE ratio of 21.59.

Duke Energy Corp. (NYSE:DUK) last issued its quarterly earnings data on Thursday, August 4th. The company reported $1.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.06. The firm had revenue of $5.10 billion for the quarter, compared to analysts’ expectations of $5.71 billion. During the same quarter in the previous year, the business earned $0.95 EPS. Analysts expect that Duke Energy Corp. will post $4.61 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Stockholders of record on Friday, August 12th will be given a dividend of $0.855 per share. This is a positive change from Duke Energy Corp.’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Wednesday, August 10th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 4.19%.

In related news, EVP Douglas F. Esamann sold 3,000 shares of the stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $84.58, for a total value of $253,740.00. Following the completion of the transaction, the executive vice president now owns 50,609 shares of the company’s stock, valued at approximately $4,280,509.22. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director E Marie Mckee sold 1,558 shares of the stock in a transaction dated Monday, May 23rd. The shares were 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 of the company’s stock, valued at approximately $76.66. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have made changes to their positions in the company. Alerus Investment Advisors Corp increased its position 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 last quarter. Parsons Capital Management Inc. RI increased its position in shares of Duke Energy Corp. by 4.4% in the fourth quarter. Parsons Capital Management Inc. RI now owns 19,687 shares of the company’s stock worth $1,405,000 after buying an additional 833 shares during the last quarter. Investment Management of Virginia LLC increased its position in shares of Duke Energy Corp. by 0.8% in the fourth quarter. Investment Management of Virginia LLC now owns 24,636 shares of the company’s stock worth $1,759,000 after buying an additional 191 shares during the last quarter. Home Federal Bank of Tennessee acquired a new position in shares of Duke Energy Corp. during the fourth quarter worth approximately $1,988,000. Finally, Rench Wealth Management Inc. increased its position in shares of Duke Energy Corp. by 0.7% in the fourth quarter. Rench Wealth Management Inc. now owns 36,504 shares of the company’s stock worth $2,606,000 after buying an additional 236 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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