Investors purchased shares of Duke Energy Corp. (NYSE:DUK) on weakness during trading hours on Tuesday. $84.55 million flowed into the stock on the tick-up and $18.38 million flowed out of the stock on the tick-down, for a money net flow of $66.17 million into the stock. Of all companies tracked, Duke Energy Corp. had the 4th highest net in-flow for the day. Duke Energy Corp. traded down ($0.44) for the day and closed at $81.45

A number of equities analysts have commented on the stock. Howard Weil lifted their price objective on shares of 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. 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. Citigroup Inc. lifted their price objective 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 reissued a “hold” rating on shares of Duke Energy Corp. in a research note on Tuesday, July 26th. Finally, Scotiabank reissued a “sector perform” rating and issued a $88.00 price objective (up from $78.00) on shares of Duke Energy Corp. in a research note on Wednesday, August 10th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $80.53.

The firm’s 50 day moving average price is $84.56 and its 200 day moving average price is $80.45. The company has a market capitalization of $56.11 billion and a P/E ratio of 21.53.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 16th. Stockholders of record on Friday, August 12th will be issued a dividend of $0.855 per share. This represents a $3.42 dividend on an annualized basis and a dividend yield of 4.20%. 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.

In other news, EVP Douglas F. Esamann sold 3,000 shares of the company’s stock in a transaction 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 owns 50,609 shares of the company’s stock, valued at $4,280,509.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Other large investors have recently made changes to their positions in the company. Investment Management of Virginia LLC raised 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 worth $1,759,000 after buying an additional 191 shares in the last quarter. Home Federal Bank of Tennessee purchased a new stake in shares of Duke Energy Corp. during the fourth quarter worth about $1,988,000. Rowland & Co. Investment Counsel ADV raised 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 worth $2,822,000 after buying an additional 2,502 shares in the last quarter. Stephens Inc. AR raised 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 worth $8,953,000 after buying an additional 9,111 shares in the last quarter. Finally, Hartford Investment Management Co. raised its stake in shares of Duke Energy Corp. by 3.1% in the fourth quarter. Hartford Investment Management Co. now owns 178,346 shares of the company’s stock worth $12,732,000 after buying an additional 5,446 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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