Duke Energy Corp. (NYSE:DUK)’s share price fell 0.9% during 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 research firms have commented on DUK. Howard Weil lifted their target price on shares of Duke Energy Corp. from $78.00 to $88.00 and gave the stock a “sector perform” rating in a research report on Monday, August 8th. Zacks Investment Research upgraded shares of Duke Energy Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, April 28th. Citigroup Inc. raised their price target on shares of Duke Energy Corp. from $72.00 to $82.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 20th. Argus restated a “hold” rating on shares of Duke Energy Corp. in a research note on Tuesday, July 26th. Finally, Scotiabank restated 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. One investment 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 a consensus rating of “Hold” and a consensus target price of $80.53.

The stock has a 50 day moving average price of $84.98 and a 200-day moving average price of $80.31. The company has a market capitalization of $55.13 billion and a P/E ratio of 21.152.

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 company had revenue of $5.10 billion for the quarter, compared to the consensus estimate of $5.71 billion. During the same quarter last year, the company earned $0.95 EPS. On average, analysts predict that Duke Energy Corp. will post $4.61 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Investors of record on Friday, August 12th will be given a dividend of $0.855 per share. The ex-dividend date of this dividend is Wednesday, August 10th. This represents a $3.42 dividend on an annualized basis and a yield of 4.25%. This is a boost from Duke Energy Corp.’s previous quarterly dividend of $0.83.

In related news, EVP Douglas F. Esamann sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 9th. The shares were sold at an average price of $84.58, for a total transaction of $253,740.00. Following the transaction, the executive vice president now owns 50,609 shares in the company, valued at $4,280,509.22. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director E Marie Mckee sold 1,558 shares of the stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $76.66, for a total transaction of $119,436.28. Following the transaction, the director now owns 1 shares in the company, valued at approximately $76.66. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors recently modified their holdings of the stock. 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 period. Parsons Capital Management Inc. RI increased its position in 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 valued at $1,405,000 after buying an additional 833 shares during the last quarter. Investment Management of Virginia LLC increased its position in 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 valued at $1,759,000 after buying an additional 191 shares during the last quarter. Home Federal Bank of Tennessee acquired a new position in Duke Energy Corp. during the fourth quarter valued at $1,988,000. Finally, Rowland & Co. Investment Counsel ADV increased its position in Duke Energy Corp. by 6.6% in the fourth quarter. Rowland & Co. Investment Counsel ADV now owns 40,159 shares of the company’s stock valued at $2,822,000 after buying an additional 2,502 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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