Duke Energy Corp (NYSE:DUK) CFO Steven K. Young sold 254 shares of the firm’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $82.50, for a total value of $20,955.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Steven K. Young also recently made the following trade(s):

  • On Friday, June 26th, Steven K. Young sold 265 shares of Duke Energy stock. The stock was sold at an average price of $79.35, for a total value of $21,027.75.
  • On Tuesday, May 26th, Steven K. Young sold 253 shares of Duke Energy stock. The stock was sold at an average price of $84.46, for a total value of $21,368.38.

DUK stock opened at $84.74 on Friday. The business has a 50-day moving average price of $82.48 and a 200 day moving average price of $87.23. Duke Energy Corp has a 1-year low of $62.13 and a 1-year high of $103.79. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.67 and a quick ratio of 0.45. The company has a market capitalization of $62.15 billion, a P/E ratio of 17.05, a PEG ratio of 3.86 and a beta of 0.31.

Duke Energy (NYSE:DUK) last posted its earnings results on Tuesday, May 12th. The utilities provider reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.05). Duke Energy had a net margin of 15.17% and a return on equity of 8.13%. The company had revenue of $5.95 billion during the quarter, compared to analysts’ expectations of $6.24 billion. During the same quarter last year, the firm earned $1.24 EPS. Duke Energy’s revenue for the quarter was down 3.5% on a year-over-year basis. On average, analysts anticipate that Duke Energy Corp will post 5.05 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be paid a $0.965 dividend. This represents a $3.86 annualized dividend and a yield of 4.56%. The ex-dividend date is Thursday, August 13th. This is a positive change from Duke Energy’s previous quarterly dividend of $0.95. Duke Energy’s payout ratio is 74.70%.

Institutional investors and hedge funds have recently bought and sold shares of the business. Nvwm LLC grew its stake in Duke Energy by 107.4% in the first quarter. Nvwm LLC now owns 15,174 shares of the utilities provider’s stock valued at $1,227,000 after purchasing an additional 7,858 shares during the last quarter. Balentine LLC purchased a new stake in shares of Duke Energy during the first quarter worth about $67,000. Carnegie Capital Asset Management LLC grew its stake in shares of Duke Energy by 3.6% during the second quarter. Carnegie Capital Asset Management LLC now owns 14,542 shares of the utilities provider’s stock worth $1,161,000 after acquiring an additional 505 shares during the last quarter. Balyasny Asset Management LLC purchased a new stake in shares of Duke Energy during the first quarter worth about $3,508,000. Finally, First Financial Bank Trust Division grew its stake in shares of Duke Energy by 5.0% during the first quarter. First Financial Bank Trust Division now owns 6,346 shares of the utilities provider’s stock worth $513,000 after acquiring an additional 305 shares during the last quarter. Institutional investors own 64.03% of the company’s stock.

Several analysts have recently weighed in on the company. Bank of America reiterated a “neutral” rating and set a $83.00 target price (down from $93.00) on shares of Duke Energy in a research report on Wednesday, May 13th. Morgan Stanley lifted their target price on Duke Energy from $89.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Friday, July 17th. Wells Fargo & Co decreased their target price on Duke Energy from $108.00 to $88.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 20th. UBS Group decreased their target price on Duke Energy from $113.00 to $102.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Seaport Global Securities assumed coverage on Duke Energy in a research report on Tuesday, June 9th. They set a “neutral” rating for the company. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $93.93.

About Duke Energy

Duke Energy Corp. engages in distribution of natural gas and energy related services. It operates through the following segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment conducts operations primarily through the regulated public utilities of Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio.

Featured Story: How are institutional investors different from individual investors?

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

Receive News & Ratings for Duke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Energy and related companies with MarketBeat.com's FREE daily email newsletter.