Duke Energy Corp. (NYSE:DUK) shares saw strong trading volume on Wednesday . 3,790,155 shares were traded during trading, an increase of 24% from the previous session’s volume of 3,046,013 shares.The stock last traded at $80.98 and had previously closed at $80.45.

A number of analysts have recently weighed in on the company. Howard Weil increased their price target on 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 Duke Energy Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, April 28th. Citigroup Inc. raised their target price on Duke Energy Corp. from $72.00 to $82.00 and gave the company a “neutral” rating in a research report on Wednesday, July 20th. Argus restated a “hold” rating on shares of Duke Energy Corp. in a research report on Tuesday, July 26th. Finally, Scotiabank restated a “sector perform” rating and issued a $88.00 target price (up from $78.00) on shares of Duke Energy Corp. in a research report on Wednesday, August 10th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and one has given a buy rating to the company’s stock. Duke Energy Corp. presently has a consensus rating of “Hold” and a consensus price target of $80.53.

The firm has a 50 day moving average of $84.88 and a 200-day moving average of $80.34. The company has a market capitalization of $56.13 billion and a price-to-earnings ratio of 21.54.

Duke Energy Corp. (NYSE:DUK) last released its quarterly earnings data on Thursday, August 4th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.06. The firm earned $5.10 billion during the quarter, compared to the consensus estimate of $5.71 billion. During the same quarter in the previous year, the firm earned $0.95 earnings per share. On average, equities research analysts anticipate that Duke Energy Corp. will post $4.61 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Investors of record on Friday, August 12th will be issued a $0.855 dividend. The ex-dividend date is Wednesday, August 10th. This represents a $3.42 annualized dividend and a dividend yield of 4.13%. This is a positive change from Duke Energy Corp.’s previous quarterly dividend of $0.83.

In other Duke Energy Corp. news, Director E Marie Mckee sold 1,558 shares of the business’s stock in a transaction dated 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 directly owns 1 shares in the company, valued at $76.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Douglas F. Esamann sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $84.58, for a total transaction 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 $4,280,509.22. The disclosure for this sale can be found here.

Other institutional investors have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. increased its position in shares of Duke Energy Corp. by 3.7% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,874,489 shares of the company’s stock worth $133,820,000 after buying an additional 66,066 shares in the last quarter. American International Group Inc. increased its position in shares of Duke Energy Corp. by 2.7% in the fourth quarter. American International Group Inc. now owns 288,729 shares of the company’s stock worth $20,613,000 after buying an additional 7,602 shares in the last quarter. BlackRock Advisors LLC increased its position in shares of Duke Energy Corp. by 20.2% in the fourth quarter. BlackRock Advisors LLC now owns 731,784 shares of the company’s stock worth $52,242,000 after buying an additional 122,940 shares in the last quarter. Rowland & Co. Investment Counsel ADV increased its position in shares of 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 worth $2,822,000 after buying an additional 2,502 shares in the last quarter. Finally, Morningstar Investment Services LLC increased its position in shares of Duke Energy Corp. by 56.2% in the fourth quarter. Morningstar Investment Services LLC now owns 491,854 shares of the company’s stock worth $35,113,000 after buying an additional 176,919 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).

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