Duke Energy Corp. (NYSE:DUK) has received a consensus recommendation of “Hold” from the thirteen analysts that are covering the stock. Two research analysts have rated the stock with a sell recommendation and eleven have issued a hold recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $78.67.

Several equities research analysts recently commented on the company. Scotiabank reaffirmed a “sector perform” rating and set a $83.00 price objective (down from $88.00) on shares of Duke Energy Corp. in a research report on Monday, November 7th. Mizuho increased their price objective on Duke Energy Corp. from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, August 4th. Howard Weil increased their price objective on Duke Energy Corp. from $78.00 to $88.00 and gave the company a “sector perform” rating in a research report on Monday, August 8th. SunTrust Banks Inc. dropped their price objective on Duke Energy Corp. from $83.00 to $81.00 and set a “neutral” rating on the stock in a research report on Monday, August 29th. Finally, Argus reaffirmed a “hold” rating on shares of Duke Energy Corp. in a research report on Wednesday, September 14th.

In other Duke Energy Corp. news, EVP Frank H. Yoho bought 14,850 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The stock was purchased at an average price of $74.00 per share, for a total transaction of $1,098,900.00. Following the completion of the transaction, the executive vice president now owns 23,687 shares of the company’s stock, valued at approximately $1,752,838. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John H. Forsgren bought 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 9th. The shares were acquired at an average price of $77.80 per share, with a total value of $77,800.00. Following the transaction, the director now directly owns 1,165 shares of the company’s stock, valued at approximately $90,637. The disclosure for this purchase can be found here. Corporate insiders own 0.08% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Acadian Asset Management LLC boosted its stake in Duke Energy Corp. by 85.6% in the second quarter. Acadian Asset Management LLC now owns 957,001 shares of the company’s stock valued at $82,100,000 after buying an additional 441,335 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its stake in Duke Energy Corp. by 53.9% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 955,632 shares of the company’s stock valued at $81,984,000 after buying an additional 334,778 shares in the last quarter. Aviance Capital Management LLC boosted its stake in Duke Energy Corp. by 21.7% in the second quarter. Aviance Capital Management LLC now owns 377,236 shares of the company’s stock valued at $32,363,000 after buying an additional 67,349 shares in the last quarter. Strs Ohio boosted its stake in Duke Energy Corp. by 2.2% in the second quarter. Strs Ohio now owns 742,611 shares of the company’s stock valued at $63,708,000 after buying an additional 15,753 shares in the last quarter. Finally, Parsec Financial Management Inc. boosted its stake in Duke Energy Corp. by 4.5% in the second quarter. Parsec Financial Management Inc. now owns 147,025 shares of the company’s stock valued at $12,613,000 after buying an additional 6,352 shares in the last quarter. Hedge funds and other institutional investors own 56.89% of the company’s stock.

Duke Energy Corp. (NYSE:DUK) opened at 74.35 on Wednesday. Duke Energy Corp. has a one year low of $65.50 and a one year high of $87.75. The stock has a market cap of $51.22 billion, a price-to-earnings ratio of 17.99 and a beta of 0.13. The stock’s 50 day moving average price is $76.87 and its 200 day moving average price is $80.57.

Duke Energy Corp. (NYSE:DUK) last released its quarterly earnings data on Friday, November 4th. The company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.58 by $0.10. Duke Energy Corp. had a return on equity of 8.20% and a net margin of 12.27%. The company had revenue of $6.43 billion for the quarter, compared to analysts’ expectations of $3.09 billion. During the same period last year, the firm posted $1.47 earnings per share. Duke Energy Corp.’s revenue was up 5.2% compared to the same quarter last year. Equities analysts predict that Duke Energy Corp. will post $4.67 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 16th. Investors of record on Friday, November 18th will be given a dividend of $0.855 per share. This represents a $3.42 annualized dividend and a dividend yield of 4.60%. The ex-dividend date is Wednesday, November 16th. Duke Energy Corp.’s dividend payout ratio is currently 82.61%.

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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).

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