Duff & Phelps Investment Management Co. elevated its holdings in Duke Realty Corporation (NYSE:DRE) by 44.1% within the third quarter, in response to its most up-to-date submitting with the Securities and Exchange Commission. The agency owned 2,732,853 shares of the true property funding belief’s inventory after buying an extra 835,750 shares through the quarter. Duff & Phelps Investment Management Co. owned zero.77% of Duke Realty Corporation price $78,761,000 on the finish of the newest reporting interval.
A variety of different hedge funds and different institutional traders have additionally added to or decreased their stakes in DRE. Brookfield Asset Management Inc. acquired a brand new place in Duke Realty Corporation within the 2nd quarter price about $130,756,000. BlackRock Inc. raised its holdings in Duke Realty Corporation by eight.6% within the 2nd quarter. BlackRock Inc. now owns 45,922,413 shares of the true property funding belief’s inventory price $1,283,532,000 after buying an extra three,652,zero25 shares through the interval. Daiwa Securities Group Inc. raised its holdings in shares of Duke Realty Corporation by 30.5% through the second quarter. Daiwa Securities Group Inc. now owns eight,109,890 shares of the true property funding belief’s inventory valued at $226,671,000 after buying an extra 1,894,749 shares over the past quarter. Russell Investments Group Ltd. raised its holdings in shares of Duke Realty Corporation by 355.three% through the second quarter. Russell Investments Group Ltd. now owns 1,886,452 shares of the true property funding belief’s inventory valued at $52,675,000 after buying an extra 1,472,089 shares over the past quarter. Finally, Lord Abbett & CO. LLC raised its holdings in shares of Duke Realty Corporation by 95.four% through the second quarter. Lord Abbett & CO. LLC now owns 2,973,900 shares of the true property funding belief’s inventory valued at $83,121,000 after buying an extra 1,452,100 shares over the past quarter. 92.71% of the inventory is owned by institutional traders.
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DRE has been the topic of numerous badysis badyst studies. J P Morgan Chase & Co reduce Duke Realty Corporation from an “overweight” ranking to a “neutral” ranking and set a $30.00 goal worth for the corporate. in a report on Tuesday, September 26th. Zacks Investment Research reduce Duke Realty Corporation from a “buy” ranking to a “hold” ranking in a report on Tuesday, October 10th. Stifel Nicolaus reissued a “buy” ranking and set a $31.00 goal worth on shares of Duke Realty Corporation in a report on Thursday, September 21st. Barclays PLC decreased their goal worth on Duke Realty Corporation from $26.00 to $25.00 and set an “equal weight” ranking for the corporate in a report on Tuesday, July 18th. Finally, Morgan Stanley elevated their goal worth on Duke Realty Corporation from $29.00 to $31.00 and gave the corporate an “overweight” ranking in a report on Monday, July 17th. Seven badysts have rated the inventory with a maintain ranking and 6 have issued a purchase ranking to the corporate. Duke Realty Corporation presently has a consensus ranking of “Hold” and a consensus worth goal of $29.55.
Duke Realty Corporation (NYSE DRE) traded up $zero.11 throughout mid-day buying and selling on Friday, hitting $28.82. The inventory had a buying and selling quantity of 1,252,550 shares, in comparison with its common quantity of 1,610,864. The firm has a fast ratio of four.05, a present ratio of three.23 and a debt-to-equity ratio of zero.45. The inventory has a market capitalization of $10,263.98, a price-to-earnings ratio of 23.06, a PEG ratio of 5.32 and a beta of zero.92. Duke Realty Corporation has a 1-year low of $22.97 and a 1-year excessive of $30.14.
Duke Realty Corporation (NYSE:DRE) final posted its quarterly earnings outcomes on Wednesday, October 25th. The actual property funding belief reported $zero.30 earnings per share (EPS) for the quarter, beating badysts’ consensus estimates of $zero.29 by $zero.01. The enterprise had income of $169.61 million through the quarter, in comparison with badyst estimates of $168.75 million. Duke Realty Corporation had a return on fairness of 6.36% and a web margin of 178.66%. The enterprise’s income was up four.5% in comparison with the identical quarter final yr. During the identical interval within the prior yr, the enterprise earned $zero.31 earnings per share. equities badysis badysts forecast that Duke Realty Corporation will publish 1.23 earnings per share for the present fiscal yr.
The agency additionally just lately disclosed a quarterly dividend, which might be paid on Thursday, November 30th. Investors of file on Thursday, November 16th might be given a $zero.20 dividend. This represents a $zero.80 annualized dividend and a yield of two.78%. This is a optimistic change from Duke Realty Corporation’s earlier quarterly dividend of $zero.19. The ex-dividend date is Wednesday, November 15th. Duke Realty Corporation’s dividend payout ratio is presently 18.23%.
Duke Realty Corporation Profile
Duke Realty Corporation is a self-managed actual property funding belief (REIT). The Company and Duke Realty Limited Partnership collectively specialize within the possession, administration and improvement of bulk distribution (industrial) and medical workplace actual property. It operates by three segments, the primary two of which include the possession and rental of commercial and medical workplace actual property investments.
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