Traders bought shares of Duke Energy Corp. (NYSE:DUK) on weakness during trading on Friday. $57.81 million flowed into the stock on the tick-up and $28.26 million flowed out of the stock on the tick-down, for a money net flow of $29.55 million into the stock. Of all equities tracked, Duke Energy Corp. had the 17th highest net in-flow for the day. Duke Energy Corp. traded down ($1.13) for the day and closed at $81.65

A number of equities analysts have recently commented on DUK shares. Zacks Investment Research upgraded Duke Energy Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, April 28th. Mizuho reiterated a “neutral” rating and issued a $75.00 price objective (down from $80.00) on shares of Duke Energy Corp. in a research note on Thursday, May 19th. Citigroup Inc. lifted their price objective 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. Argus restated a “hold” rating on shares of Duke Energy Corp. in a research note on Tuesday, July 26th. Finally, Howard Weil boosted their price target on Duke Energy Corp. from $78.00 to $88.00 and gave the company a “sector perform” rating in a research note on Monday, August 8th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and one has given a buy rating to the company. Duke Energy Corp. currently has a consensus rating of “Hold” and a consensus price target of $80.53.

The company has a 50-day moving average of $84.76 and a 200 day moving average of $80.37. The firm has a market cap of $56.25 billion and a price-to-earnings ratio of 21.58.

Duke Energy Corp. (NYSE:DUK) last issued its earnings results on Thursday, August 4th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.06. During the same quarter last year, the business posted $0.95 earnings per share. The firm earned $5.10 billion during the quarter, compared to analyst estimates of $5.71 billion. On average, analysts anticipate 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. Shareholders 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 annualized dividend and a yield of 4.19%. This is a positive change from Duke Energy Corp.’s previous quarterly dividend of $0.83.

In other Duke Energy Corp. news, EVP Douglas F. Esamann sold 3,000 shares of the firm’s 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 completion of the sale, the executive vice president now directly owns 50,609 shares in the company, valued at $4,280,509.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director E Marie Mckee sold 1,558 shares of the firm’s stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $76.66, for a total transaction of $119,436.28. Following the sale, the director now owns 1 shares of the company’s stock, valued at $76.66. The disclosure for this sale can be found here.

Other large investors recently modified their holdings of the company. Investment Management of Virginia LLC increased its stake 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 valued at $1,759,000 after buying an additional 191 shares during the period. Parsons Capital Management Inc. RI increased its stake 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 valued at $1,405,000 after buying an additional 833 shares during the period. Rowland & Co. Investment Counsel ADV increased its stake 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 valued at $2,822,000 after buying an additional 2,502 shares during the period. American International Group Inc. increased its stake 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 valued at $20,613,000 after buying an additional 7,602 shares during the period. Finally, Stephens Inc. AR increased its stake in shares of Duke Energy Corp. by 7.8% in the fourth quarter. Stephens Inc. AR now owns 125,416 shares of the company’s stock valued at $8,953,000 after buying an additional 9,111 shares during the period.

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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