Duke Energy Corp Plans Quarterly Dividend of $0.93 (DUK)

Duke Energy Corp (NYSE:DUK) announced a quarterly dividend on Thursday, May 2nd, RTT News reports. Investors of record on Friday, May 17th …

Duke Energy logoDuke Energy Corp (NYSE:DUK) announced a quarterly dividend on Thursday, May 2nd, RTT News reports. Investors of record on Friday, May 17th will be paid a dividend of 0.9275 per share by the utilities provider on Monday, June 17th. This represents a $3.71 dividend on an annualized basis and a dividend yield of 4.27%. The ex-dividend date is Thursday, May 16th.

Duke Energy has increased its dividend by an average of 3.9% per year over the last three years and has increased its dividend every year for the last 12 years. Duke Energy has a dividend payout ratio of 78.6% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Analysts expect Duke Energy to earn $5.22 per share next year, which means the company should continue to be able to cover its $3.71 annual dividend with an expected future payout ratio of 71.1%.

NYSE DUK traded down $0.95 during trading hours on Thursday, reaching $86.85. 195,689 shares of the company’s stock were exchanged, compared to its average volume of 3,363,266. Duke Energy has a one year low of $71.96 and a one year high of $91.67. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.44 and a current ratio of 0.65. The stock has a market cap of $64.57 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 3.66 and a beta of 0.06.

Duke Energy (NYSE:DUK) last posted its earnings results on Thursday, May 9th. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.03. Duke Energy had a return on equity of 7.80% and a net margin of 10.87%. The business had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.39 billion. During the same period in the prior year, the business earned $1.28 EPS. Duke Energy’s revenue for the quarter was up .5% compared to the same quarter last year. On average, analysts predict that Duke Energy will post 4.94 EPS for the current year.

Several equities analysts have recently weighed in on DUK shares. Morgan Stanley raised their price target on shares of Duke Energy from $85.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 12th. Credit Suisse Group cut shares of Duke Energy from an “outperform” rating to a “neutral” rating in a research note on Friday, February 15th. Bank of America raised their target price on shares of Duke Energy from $89.00 to $91.00 and gave the company a “neutral” rating in a research note on Monday, March 11th. Finally, ValuEngine downgraded Duke Energy from a “buy” rating to a “hold” rating in a report on Wednesday, April 3rd. Nine research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $86.10.

In related news, EVP Lloyd M. Yates sold 3,500 shares of the business’s stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $88.51, for a total value of $309,785.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Lynn J. Good sold 15,000 shares of the business’s stock in a transaction dated Thursday, February 28th. The shares were sold at an average price of $89.92, for a total value of $1,348,800.00. The disclosure for this sale can be found here. Insiders have sold 21,250 shares of company stock valued at $1,900,878 in the last three months. Insiders own 0.09% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This news story was reported by Finance Daily and is the property of of Finance Daily. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.fidaily.com/2019/05/09/duke-energy-corp-to-issue-quarterly-dividend-of-0-93-duk.html.

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.

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Dividend History for Duke Energy (NYSE:DUK)

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Duke Energy (DUK) Releases Earnings Results, Beats Expectations By $0.03 EPS

Duke Energy had a net margin of 10.87% and a return on equity of 7.80%. The company’s revenue for the quarter was up .5% compared to the same …

Duke Energy logoDuke Energy (NYSE:DUK) announced its quarterly earnings data on Thursday. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.21 by $0.03, MarketWatch Earnings reports. The firm had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.39 billion. Duke Energy had a net margin of 10.87% and a return on equity of 7.80%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.28 earnings per share. Duke Energy updated its FY19 guidance to $4.80-5.20 EPS.

DUK stock traded down $0.96 during trading on Thursday, hitting $86.84. 1,831,020 shares of the company’s stock traded hands, compared to its average volume of 3,363,266. Duke Energy has a 52 week low of $71.96 and a 52 week high of $91.67. The company has a quick ratio of 0.44, a current ratio of 0.65 and a debt-to-equity ratio of 1.17. The firm has a market capitalization of $64.57 billion, a P/E ratio of 18.40, a price-to-earnings-growth ratio of 3.66 and a beta of 0.06.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 17th will be given a dividend of $0.9275 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $3.71 annualized dividend and a yield of 4.27%. Duke Energy’s dividend payout ratio (DPR) is currently 78.60%.

In other news, EVP Melissa H. Anderson sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, February 19th. The shares were sold at an average price of $87.49, for a total value of $174,980.00. Following the completion of the sale, the executive vice president now owns 18,198 shares in the company, valued at approximately $1,592,143.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Lloyd M. Yates sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $88.51, for a total transaction of $309,785.00. The disclosure for this sale can be found here. Insiders have sold 21,250 shares of company stock valued at $1,900,878 in the last quarter. 0.09% of the stock is owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in DUK. Oregon Public Employees Retirement Fund increased its position in Duke Energy by 8,422.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,521,173 shares of the utilities provider’s stock valued at $76,000 after purchasing an additional 6,444,652 shares during the period. FMR LLC increased its position in Duke Energy by 41.8% during the 4th quarter. FMR LLC now owns 7,411,128 shares of the utilities provider’s stock valued at $639,581,000 after purchasing an additional 2,186,456 shares during the period. Canada Pension Plan Investment Board increased its position in Duke Energy by 941.3% during the 4th quarter. Canada Pension Plan Investment Board now owns 1,856,602 shares of the utilities provider’s stock valued at $160,211,000 after purchasing an additional 1,678,300 shares during the period. Vanguard Group Inc increased its position in Duke Energy by 2.9% during the 3rd quarter. Vanguard Group Inc now owns 54,434,882 shares of the utilities provider’s stock valued at $4,355,880,000 after purchasing an additional 1,539,841 shares during the period. Finally, BlackRock Inc. increased its position in Duke Energy by 2.6% during the 4th quarter. BlackRock Inc. now owns 48,270,073 shares of the utilities provider’s stock valued at $4,165,706,000 after purchasing an additional 1,226,657 shares during the period. Hedge funds and other institutional investors own 60.93% of the company’s stock.

DUK has been the subject of a number of analyst reports. Morgan Stanley increased their price objective on shares of Duke Energy from $85.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 12th. Credit Suisse Group cut shares of Duke Energy from an “outperform” rating to a “neutral” rating in a research note on Friday, February 15th. Bank of America upped their target price on shares of Duke Energy from $89.00 to $91.00 and gave the stock a “neutral” rating in a research report on Monday, March 11th. Finally, ValuEngine lowered shares of Duke Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $86.10.

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Duke Energy Company Profile

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.

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Earnings History for Duke Energy (NYSE:DUK)

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Duke Energy (DUK) Issues Earnings Results

Duke Energy has a 52-week low of $71.96 and a 52-week high of $91.67. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.65 and a …

Duke Energy logoDuke Energy (NYSE:DUK) issued its quarterly earnings data on Thursday. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.21 by $0.03, MarketWatch Earnings reports. Duke Energy had a net margin of 10.87% and a return on equity of 7.80%. The business had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.39 billion. During the same period in the prior year, the firm posted $1.28 EPS. The firm’s quarterly revenue was up .5% compared to the same quarter last year. Duke Energy updated its FY19 guidance to $4.80-5.20 EPS.

NYSE DUK traded down $0.62 on Thursday, hitting $87.18. The stock had a trading volume of 138,330 shares, compared to its average volume of 3,363,266. Duke Energy has a 52-week low of $71.96 and a 52-week high of $91.67. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.65 and a quick ratio of 0.44. The stock has a market capitalization of $64.57 billion, a PE ratio of 18.47, a P/E/G ratio of 3.66 and a beta of 0.06.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 17th will be paid a $0.9275 dividend. This represents a $3.71 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Thursday, May 16th. Duke Energy’s dividend payout ratio is presently 78.60%.

In other news, Chairman Lynn J. Good sold 15,000 shares of the firm’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $89.92, for a total transaction of $1,348,800.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Melissa H. Anderson sold 2,000 shares of the firm’s stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $87.49, for a total transaction of $174,980.00. Following the sale, the executive vice president now owns 18,198 shares in the company, valued at approximately $1,592,143.02. The disclosure for this sale can be found here. Insiders sold a total of 21,250 shares of company stock worth $1,900,878 over the last quarter. Corporate insiders own 0.09% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Morgan Stanley grew its holdings in shares of Duke Energy by 13.8% during the 3rd quarter. Morgan Stanley now owns 3,792,774 shares of the utilities provider’s stock valued at $303,498,000 after purchasing an additional 460,092 shares during the last quarter. First Mercantile Trust Co. boosted its stake in shares of Duke Energy by 69.4% during the 4th quarter. First Mercantile Trust Co. now owns 1,050 shares of the utilities provider’s stock valued at $91,000 after purchasing an additional 430 shares in the last quarter. Ffcm LLC boosted its stake in shares of Duke Energy by 12.8% during the 4th quarter. Ffcm LLC now owns 34,758 shares of the utilities provider’s stock valued at $3,000,000 after purchasing an additional 3,947 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its stake in shares of Duke Energy by 3.9% during the 1st quarter. Prime Capital Investment Advisors LLC now owns 5,545 shares of the utilities provider’s stock valued at $499,000 after purchasing an additional 209 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Duke Energy by 4.7% during the 4th quarter. Northern Trust Corp now owns 9,338,113 shares of the utilities provider’s stock valued at $805,879,000 after purchasing an additional 415,434 shares in the last quarter. Hedge funds and other institutional investors own 60.93% of the company’s stock.

A number of equities research analysts have issued reports on the stock. ValuEngine downgraded shares of Duke Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Bank of America downgraded shares of Duke Energy from a “buy” rating to a “neutral” rating and reduced their target price for the company from $88.00 to $87.00 in a research report on Wednesday, January 9th. They noted that the move was a valuation call. Credit Suisse Group downgraded shares of Duke Energy from an “outperform” rating to a “neutral” rating in a research report on Friday, February 15th. Finally, Morgan Stanley increased their target price on shares of Duke Energy from $85.00 to $88.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 12th. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $86.10.

TRADEMARK VIOLATION WARNING: “Duke Energy (DUK) Issues Earnings Results” was originally published by Finance Daily and is the property of of Finance Daily. If you are reading this news story on another site, it was stolen and republished in violation of US and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.fidaily.com/2019/05/09/duke-energy-duk-issues-earnings-results.html.

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.

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Earnings History for Duke Energy (NYSE:DUK)

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Tocqueville Asset Management LP Sells 1500 Shares of Duke Energy Corp (DUK)

Tocqueville Asset Management L.P. decreased its position in Duke Energy Corp (NYSE:DUK) by 1.1% during the 1st quarter, according to its most …

Duke Energy logoTocqueville Asset Management L.P. decreased its position in Duke Energy Corp (NYSE:DUK) by 1.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 135,365 shares of the utilities provider’s stock after selling 1,500 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in Duke Energy were worth $12,183,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. HC Financial Advisors Inc. increased its holdings in shares of Duke Energy by 445.9% in the 3rd quarter. HC Financial Advisors Inc. now owns 20,099 shares of the utilities provider’s stock valued at $1,608,000 after acquiring an additional 16,417 shares during the last quarter. Standard Life Aberdeen plc lifted its holdings in shares of Duke Energy by 5.1% in the third quarter. Standard Life Aberdeen plc now owns 407,028 shares of the utilities provider’s stock valued at $32,573,000 after buying an additional 19,927 shares during the period. Morgan Stanley lifted its holdings in shares of Duke Energy by 13.8% in the third quarter. Morgan Stanley now owns 3,792,774 shares of the utilities provider’s stock valued at $303,498,000 after buying an additional 460,092 shares during the period. Vanguard Group Inc raised its position in shares of Duke Energy by 2.9% during the third quarter. Vanguard Group Inc now owns 54,434,882 shares of the utilities provider’s stock worth $4,355,880,000 after purchasing an additional 1,539,841 shares during the period. Finally, Chesley Taft & Associates LLC acquired a new stake in shares of Duke Energy during the fourth quarter worth $806,000. 60.93% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Melissa H. Anderson sold 2,000 shares of the stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $87.49, for a total value of $174,980.00. Following the completion of the transaction, the executive vice president now directly owns 18,198 shares of the company’s stock, valued at approximately $1,592,143.02. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Lynn J. Good sold 15,000 shares of the stock in a transaction that occurred on Thursday, February 28th. The stock was sold at an average price of $89.92, for a total value of $1,348,800.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,250 shares of company stock valued at $1,900,878. 0.09% of the stock is currently owned by insiders.

A number of equities research analysts have recently issued reports on DUK shares. ValuEngine lowered Duke Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Bank of America lowered Duke Energy from a “buy” rating to a “neutral” rating and dropped their price target for the company from $88.00 to $87.00 in a research report on Wednesday, January 9th. They noted that the move was a valuation call. Credit Suisse Group lowered Duke Energy from an “outperform” rating to a “neutral” rating in a research report on Friday, February 15th. Finally, Morgan Stanley upped their target price on Duke Energy from $85.00 to $88.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 12th. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $86.10.

NYSE:DUK traded down $0.87 during mid-day trading on Thursday, hitting $86.93. 75,002 shares of the company’s stock traded hands, compared to its average volume of 3,363,266. Duke Energy Corp has a 12 month low of $71.96 and a 12 month high of $91.67. The company has a market cap of $64.57 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 3.66 and a beta of 0.06. The company has a quick ratio of 0.44, a current ratio of 0.65 and a debt-to-equity ratio of 1.17.

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Thursday, May 9th. The utilities provider reported $1.24 EPS for the quarter, beating the consensus estimate of $1.21 by $0.03. The firm had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.39 billion. Duke Energy had a return on equity of 7.80% and a net margin of 10.87%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.28 EPS. Analysts anticipate that Duke Energy Corp will post 4.94 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 17th will be issued a $0.9275 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $3.71 dividend on an annualized basis and a dividend yield of 4.27%. Duke Energy’s payout ratio is presently 78.60%.

TRADEMARK VIOLATION NOTICE: “Tocqueville Asset Management L.P. Sells 1,500 Shares of Duke Energy Corp (DUK)” was first reported by Finance Daily and is the property of of Finance Daily. If you are accessing this piece on another site, it was stolen and republished in violation of U.S. & international trademark and copyright law. The legal version of this piece can be viewed at https://www.fidaily.com/2019/05/09/tocqueville-asset-management-l-p-sells-1500-shares-of-duke-energy-corp-duk.html.

Duke Energy Profile

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.

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Institutional Ownership by Quarter for Duke Energy (NYSE:DUK)

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World Asset Management Inc Has $4.52 Million Stake in Duke Energy Corp (DUK)

World Asset Management Inc lifted its holdings in shares of Duke Energy Corp (NYSE:DUK) by 14.2% in the 1st quarter, according to its most recent …

Duke Energy logoWorld Asset Management Inc lifted its holdings in shares of Duke Energy Corp (NYSE:DUK) by 14.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 50,250 shares of the utilities provider’s stock after acquiring an additional 6,254 shares during the quarter. World Asset Management Inc’s holdings in Duke Energy were worth $4,522,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of DUK. Vanguard Group Inc grew its position in Duke Energy by 2.9% during the 3rd quarter. Vanguard Group Inc now owns 54,434,882 shares of the utilities provider’s stock worth $4,355,880,000 after acquiring an additional 1,539,841 shares during the last quarter. BlackRock Inc. grew its position in Duke Energy by 2.6% during the 4th quarter. BlackRock Inc. now owns 48,270,073 shares of the utilities provider’s stock worth $4,165,706,000 after acquiring an additional 1,226,657 shares during the last quarter. Northern Trust Corp grew its position in Duke Energy by 4.7% during the 4th quarter. Northern Trust Corp now owns 9,338,113 shares of the utilities provider’s stock worth $805,879,000 after acquiring an additional 415,434 shares during the last quarter. Geode Capital Management LLC grew its position in Duke Energy by 9.2% during the 4th quarter. Geode Capital Management LLC now owns 8,951,045 shares of the utilities provider’s stock worth $771,079,000 after acquiring an additional 750,534 shares during the last quarter. Finally, FMR LLC grew its position in Duke Energy by 41.8% during the 4th quarter. FMR LLC now owns 7,411,128 shares of the utilities provider’s stock worth $639,581,000 after acquiring an additional 2,186,456 shares during the last quarter. Institutional investors own 60.93% of the company’s stock.

In related news, COO Dhiaa M. Jamil sold 750 shares of the stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $89.75, for a total value of $67,312.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Lynn J. Good sold 15,000 shares of the firm’s stock in a transaction dated Thursday, February 28th. The shares were sold at an average price of $89.92, for a total value of $1,348,800.00. The disclosure for this sale can be found here. Insiders sold 21,250 shares of company stock valued at $1,900,878 over the last ninety days. Corporate insiders own 0.09% of the company’s stock.

Shares of Duke Energy stock traded down $0.71 on Thursday, hitting $87.09. The company had a trading volume of 65,327 shares, compared to its average volume of 3,363,266. The company has a quick ratio of 0.44, a current ratio of 0.65 and a debt-to-equity ratio of 1.17. The company has a market cap of $64.57 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 3.66 and a beta of 0.06. Duke Energy Corp has a 1 year low of $71.96 and a 1 year high of $91.67.

Duke Energy (NYSE:DUK) last issued its quarterly earnings results on Thursday, May 9th. The utilities provider reported $1.24 EPS for the quarter, beating the Zacks’ consensus estimate of $1.21 by $0.03. Duke Energy had a return on equity of 7.80% and a net margin of 10.87%. The company had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.39 billion. During the same period last year, the business posted $1.28 earnings per share. Duke Energy’s revenue was up .5% on a year-over-year basis. As a group, research analysts anticipate that Duke Energy Corp will post 4.94 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 17th will be issued a $0.9275 dividend. This represents a $3.71 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date is Thursday, May 16th. Duke Energy’s payout ratio is currently 78.60%.

DUK has been the topic of a number of research reports. Morgan Stanley boosted their price objective on Duke Energy from $85.00 to $88.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 12th. Bank of America lowered Duke Energy from a “buy” rating to a “neutral” rating and cut their target price for the company from $88.00 to $87.00 in a research report on Wednesday, January 9th. They noted that the move was a valuation call. Credit Suisse Group lowered Duke Energy from an “outperform” rating to a “neutral” rating in a research report on Friday, February 15th. Finally, ValuEngine lowered Duke Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Nine equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $86.10.

TRADEMARK VIOLATION WARNING: “World Asset Management Inc Has $4.52 Million Stake in Duke Energy Corp (DUK)” was posted by Finance Daily and is owned by of Finance Daily. If you are viewing this news story on another domain, it was stolen and republished in violation of US and international copyright laws. The correct version of this news story can be accessed at https://www.fidaily.com/2019/05/09/world-asset-management-inc-has-4-52-million-position-in-duke-energy-corp-duk.html.

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.

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Institutional Ownership by Quarter for Duke Energy (NYSE:DUK)

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