Duke Energy Corp (NYSE:DUK) has received a consensus recommendation of “Hold” from the fifteen research firms that are presently covering the firm. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $80.67.

DUK has been the subject of a number of recent analyst reports. BMO Capital Markets restated a “hold” rating and issued a $85.00 price objective on shares of Duke Energy Corp in a research note on Wednesday, May 10th. Credit Suisse Group AG initiated coverage on Duke Energy Corp in a research note on Wednesday, January 25th. They issued a “neutral” rating and a $81.00 price objective for the company. Vetr downgraded Duke Energy Corp from a “hold” rating to a “sell” rating and set a $79.70 price objective for the company. in a research note on Thursday, March 2nd. Deutsche Bank AG upped their price objective on Duke Energy Corp from $81.00 to $83.00 and gave the company a “hold” rating in a research note on Tuesday, April 11th. Finally, Zacks Investment Research downgraded Duke Energy Corp from a “hold” rating to a “sell” rating in a research note on Tuesday, April 25th.

Duke Energy Corp (NYSE:DUK) traded up 0.44% during trading on Monday, reaching $83.74. 306,939 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $82.63 and its 200-day moving average price is $79.19. The firm has a market cap of $58.61 billion, a price-to-earnings ratio of 26.70 and a beta of 0.14. Duke Energy Corp has a 12 month low of $72.34 and a 12 month high of $87.75.

Duke Energy Corp (NYSE:DUK) last announced its quarterly earnings data on Tuesday, May 9th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.01. The firm had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $5.76 billion. Duke Energy Corp had a return on equity of 8.20% and a net margin of 12.27%. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.13 EPS. On average, equities research analysts anticipate that Duke Energy Corp will post $4.61 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 16th. Shareholders of record on Friday, May 19th will be paid a $0.855 dividend. The ex-dividend date is Wednesday, May 17th. This represents a $3.42 annualized dividend and a yield of 4.10%. This is an increase from Duke Energy Corp’s previous quarterly dividend of $0.19. Duke Energy Corp’s dividend payout ratio (DPR) is currently 82.61%.

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In other Duke Energy Corp news, EVP Julia S. Janson sold 10,000 shares of the firm’s stock in a transaction dated Friday, February 24th. The stock was sold at an average price of $81.78, for a total value of $817,800.00. Following the completion of the transaction, the executive vice president now owns 37,175 shares in the company, valued at approximately $3,040,171.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Lynn J. Good sold 20,000 shares of the firm’s stock in a transaction dated Monday, February 27th. The stock was sold at an average price of $81.93, for a total value of $1,638,600.00. Following the completion of the transaction, the chairman now owns 176,394 shares of the company’s stock, valued at approximately $14,451,960.42. The disclosure for this sale can be found here. In the last 90 days, insiders sold 37,790 shares of company stock valued at $3,097,173. 0.08% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Mizuho Trust & Banking Co. Ltd. boosted its stake in Duke Energy Corp by 0.6% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 1,120,666 shares of the utilities provider’s stock valued at $89,698,000 after buying an additional 6,288 shares during the last quarter. Argentus Capital Management LLC boosted its stake in Duke Energy Corp by 8.0% in the third quarter. Argentus Capital Management LLC now owns 6,281 shares of the utilities provider’s stock valued at $503,000 after buying an additional 464 shares during the last quarter. Berkeley Capital Partners LLC boosted its stake in Duke Energy Corp by 0.4% in the third quarter. Berkeley Capital Partners LLC now owns 5,543 shares of the utilities provider’s stock valued at $444,000 after buying an additional 20 shares during the last quarter. Glenview State Bank Trust DEPT. boosted its stake in Duke Energy Corp by 2.8% in the third quarter. Glenview State Bank Trust DEPT. now owns 4,535 shares of the utilities provider’s stock valued at $363,000 after buying an additional 125 shares during the last quarter. Finally, SignalPoint Asset Management LLC boosted its stake in Duke Energy Corp by 15.1% in the third quarter. SignalPoint Asset Management LLC now owns 4,220 shares of the utilities provider’s stock valued at $338,000 after buying an additional 553 shares during the last quarter. Institutional investors and hedge funds own 57.01% of the company’s stock.

About Duke Energy Corp

Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.

12 Month Chart for NYSE:DUK

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