Duke Energy Corp. (NYSE:DUK) EVP Frank H. Yoho purchased 14,850 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The shares were purchased at an average cost of $74.00 per share, with a total value of $1,098,900.00. Following the completion of the acquisition, the executive vice president now directly owns 23,687 shares of the company’s stock, valued at $1,752,838. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Duke Energy Corp. (NYSE:DUK) traded down 0.74% during trading on Tuesday, hitting $73.88. 3,552,303 shares of the company traded hands. The stock has a market cap of $50.90 billion, a price-to-earnings ratio of 17.87 and a beta of 0.13. The firm has a 50 day moving average price of $77.21 and a 200-day moving average price of $80.70. Duke Energy Corp. has a one year low of $65.50 and a one year high of $87.75.

Duke Energy Corp. (NYSE:DUK) last released its quarterly earnings results on Friday, November 4th. The company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.10. Duke Energy Corp. had a net margin of 12.27% and a return on equity of 8.20%. The company had revenue of $6.43 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the previous year, the firm earned $1.47 EPS. Duke Energy Corp.’s revenue was up 5.2% on a year-over-year basis. Analysts predict that Duke Energy Corp. will post $4.67 EPS for the current year.

Insider Buying and Selling by Quarter for Duke Energy Corp. (NYSE:DUK)

The business also recently declared a quarterly dividend, which will be paid on Friday, December 16th. Shareholders of record on Friday, November 18th will be given a dividend of $0.855 per share. The ex-dividend date of this dividend is Wednesday, November 16th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 4.63%. Duke Energy Corp.’s dividend payout ratio (DPR) is 82.61%.

Several hedge funds have recently added to or reduced their stakes in the company. Van Hulzen Asset Management LLC increased its stake in Duke Energy Corp. by 2.4% in the third quarter. Van Hulzen Asset Management LLC now owns 1,262 shares of the company’s stock worth $101,000 after buying an additional 29 shares during the period. Jolley Asset Management LLC increased its stake in Duke Energy Corp. by 9.1% in the second quarter. Jolley Asset Management LLC now owns 1,186 shares of the company’s stock worth $102,000 after buying an additional 99 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in Duke Energy Corp. by 8.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,250 shares of the company’s stock worth $107,000 after buying an additional 100 shares during the last quarter. Sunbelt Securities Inc. increased its stake in Duke Energy Corp. by 14.3% in the second quarter. Sunbelt Securities Inc. now owns 1,523 shares of the company’s stock worth $131,000 after buying an additional 190 shares during the last quarter. Finally, Mercer Capital Advisers Inc. increased its stake in Duke Energy Corp. by 394.2% in the second quarter. Mercer Capital Advisers Inc. now owns 1,705 shares of the company’s stock worth $146,000 after buying an additional 1,360 shares during the last quarter. Institutional investors own 56.89% of the company’s stock.

DUK has been the topic of several recent analyst reports. Scotiabank restated a “sector perform” rating and set a $88.00 target price (up from $78.00) on shares of Duke Energy Corp. in a research report on Wednesday, August 10th. Citigroup Inc. lowered their target price on shares of Duke Energy Corp. from $82.00 to $77.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 4th. Argus restated a “hold” rating on shares of Duke Energy Corp. in a research report on Tuesday, October 4th. Bank of America Corp. lowered shares of Duke Energy Corp. from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $78.00 to $69.00 in a research report on Tuesday. They noted that the move was a valuation call. Finally, SunTrust Banks Inc. lowered their target price on shares of Duke Energy Corp. from $82.00 to $80.00 and set a “neutral” rating on the stock in a research report on Monday, September 12th. Two analysts have rated the stock with a sell rating and eleven have issued a hold rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $79.73.

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About Duke Energy Corp.

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).

5 Day Chart for NYSE:DUK

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