KBC Group NV Has $6.89 Million Holdings in Duke Realty Corp (DRE)

WINTON GROUP Ltd increased its stake in Duke Realty by 1,367.1% during the third quarter. WINTON GROUP Ltd now owns 117,047 shares of the …

Duke Realty logoKBC Group NV boosted its holdings in shares of Duke Realty Corp (NYSE:DRE) by 142.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 265,987 shares of the real estate investment trust’s stock after buying an additional 156,202 shares during the quarter. KBC Group NV owned 0.07% of Duke Realty worth $6,889,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. WINTON GROUP Ltd increased its stake in Duke Realty by 1,367.1% during the third quarter. WINTON GROUP Ltd now owns 117,047 shares of the real estate investment trust’s stock worth $3,321,000 after purchasing an additional 109,069 shares during the period. Green Street Investors LLC purchased a new stake in shares of Duke Realty during the third quarter worth approximately $8,394,000. Stratos Wealth Partners LTD. purchased a new stake in shares of Duke Realty during the third quarter worth approximately $103,000. Lourd Capital LLC acquired a new position in Duke Realty in the third quarter valued at approximately $217,000. Finally, Aperio Group LLC boosted its holdings in Duke Realty by 2.6% in the third quarter. Aperio Group LLC now owns 131,313 shares of the real estate investment trust’s stock valued at $3,725,000 after purchasing an additional 3,272 shares in the last quarter. 93.15% of the stock is owned by hedge funds and other institutional investors.

DRE has been the subject of several research analyst reports. ValuEngine raised Duke Realty from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. SunTrust Banks raised Duke Realty from a “hold” rating to a “buy” rating in a report on Tuesday, January 15th. JPMorgan Chase & Co. upgraded Duke Realty from a “neutral” rating to an “overweight” rating in a research note on Wednesday, December 19th. BMO Capital Markets restated a “hold” rating and set a $30.00 price target on shares of Duke Realty in a research note on Wednesday, October 24th. Finally, Wells Fargo & Co upgraded Duke Realty from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $30.00 to $33.00 in a research note on Tuesday, December 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $30.13.

In related news, CFO Mark A. Denien sold 46,328 shares of the stock in a transaction on Monday, February 4th. The stock was sold at an average price of $29.49, for a total transaction of $1,366,212.72. Following the sale, the chief financial officer now owns 7,059 shares of the company’s stock, valued at $208,169.91. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Nicholas C. Anthony sold 9,937 shares of the firm’s stock in a transaction dated Friday, February 1st. The stock was sold at an average price of $29.07, for a total value of $288,868.59. Following the completion of the sale, the executive vice president now directly owns 28,016 shares in the company, valued at $814,425.12. The disclosure for this sale can be found here. 0.24% of the stock is owned by company insiders.

NYSE:DRE traded down $0.06 during trading hours on Tuesday, hitting $29.66. The company’s stock had a trading volume of 38,506 shares, compared to its average volume of 2,602,457. The stock has a market capitalization of $10.64 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 4.40 and a beta of 0.79. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.60 and a current ratio of 2.50. Duke Realty Corp has a 52-week low of $24.30 and a 52-week high of $30.12.

Duke Realty (NYSE:DRE) last released its quarterly earnings data on Wednesday, January 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.17). Duke Realty had a return on equity of 8.02% and a net margin of 40.48%. The business had revenue of $202.86 million during the quarter, compared to analysts’ expectations of $200.75 million. During the same quarter in the previous year, the company posted $0.30 EPS. The company’s revenue was down 5.9% compared to the same quarter last year. On average, analysts predict that Duke Realty Corp will post 1.39 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 28th. Stockholders of record on Thursday, February 14th will be given a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date is Wednesday, February 13th. Duke Realty’s dividend payout ratio is currently 64.66%.

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Duke Realty Company Profile

Duke Realty Corporation owns and operates approximately 150 million rentable square feet of industrial assets in 20 major logistics markets. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P 500 Index.

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Institutional Ownership by Quarter for Duke Realty (NYSE:DRE)

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Bank of Montreal Can Reduced Holding in Duke Realty Corp (DRE)

WINTON GROUP Ltd grew its stake in shares of Duke Realty by 1,367.1% during the 3rd quarter. WINTON GROUP Ltd now owns 117,047 shares of …

Bank of Montreal Can reduced its holdings in shares of Duke Realty Corp (NYSE:DRE) by 39.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 258,788 shares of the real estate investment trust’s stock after selling 165,640 shares during the quarter. Bank of Montreal Can owned approximately 0.07% of Duke Realty worth $6,702,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. WINTON GROUP Ltd grew its stake in shares of Duke Realty by 1,367.1% during the 3rd quarter. WINTON GROUP Ltd now owns 117,047 shares of the real estate investment trust’s stock worth $3,321,000 after acquiring an additional 109,069 shares in the last quarter. Green Street Investors LLC bought a new position in shares of Duke Realty during the 3rd quarter worth approximately $8,394,000. Stratos Wealth Partners LTD. bought a new position in shares of Duke Realty during the 3rd quarter worth approximately $103,000. Lourd Capital LLC bought a new position in shares of Duke Realty during the 3rd quarter worth approximately $217,000. Finally, Aperio Group LLC grew its stake in shares of Duke Realty by 2.6% during the 3rd quarter. Aperio Group LLC now owns 131,313 shares of the real estate investment trust’s stock worth $3,725,000 after acquiring an additional 3,272 shares in the last quarter. 92.83% of the stock is owned by institutional investors.

Several brokerages have recently weighed in on DRE. BMO Capital Markets raised shares of Duke Realty from a “market perform” rating to an “outperform” rating in a research note on Wednesday, January 9th. Zacks Investment Research cut shares of Duke Realty from a “buy” rating to a “hold” rating in a research note on Monday, October 29th. BTIG Research raised Duke Realty from a “neutral” rating to a “buy” rating in a report on Tuesday, January 8th. Barclays reissued a “hold” rating and issued a $26.00 price objective on shares of Duke Realty in a report on Sunday, October 14th. Finally, SunTrust Banks raised Duke Realty from a “hold” rating to a “buy” rating in a report on Tuesday, January 15th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the stock. Duke Realty presently has a consensus rating of “Buy” and a consensus target price of $30.33.

NYSE DRE opened at $29.52 on Friday. The company has a market capitalization of $10.48 billion, a PE ratio of 22.20, a P/E/G ratio of 4.31 and a beta of 0.79. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.60 and a quick ratio of 2.60. Duke Realty Corp has a 12 month low of $24.30 and a 12 month high of $30.05.

Duke Realty (NYSE:DRE) last released its quarterly earnings data on Wednesday, January 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.17). The company had revenue of $202.86 million during the quarter, compared to analyst estimates of $200.75 million. Duke Realty had a net margin of 40.48% and a return on equity of 8.03%. The company’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 EPS. On average, sell-side analysts forecast that Duke Realty Corp will post 1.38 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 28th. Stockholders of record on Thursday, February 14th will be issued a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Wednesday, February 13th. Duke Realty’s payout ratio is presently 64.66%.

Duke Realty Company Profile

Duke Realty Corporation owns and operates approximately 150 million rentable square feet of industrial assets in 20 major logistics markets. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P 500 Index.

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Want to see what other hedge funds are holding DRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Duke Realty Corp (NYSE:DRE).

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BTIG Research Upgrades Duke Realty (NYSE:DRE) to “Buy”

WINTON GROUP Ltd raised its stake in shares of Duke Realty by 1,367.1% in the 3rd quarter. WINTON GROUP Ltd now owns 117,047 shares of the …

Duke Realty Corp logoBTIG Research upgraded shares of Duke Realty (NYSE:DRE) from a neutral rating to a buy rating in a research note released on Tuesday, January 8th, The Fly reports.

Several other equities analysts have also weighed in on DRE. Zacks Investment Research lowered Duke Realty from a buy rating to a hold rating in a report on Monday, October 29th. Barclays restated a hold rating and set a $26.00 price target on shares of Duke Realty in a research report on Sunday, October 14th. Scotiabank started coverage on Duke Realty in a research note on Tuesday, October 16th. They set a sector perform rating on the stock. Wells Fargo & Co raised Duke Realty from a market perform rating to an outperform rating and raised their target price for the stock from $30.00 to $33.00 in a research note on Tuesday, December 11th. Finally, BMO Capital Markets restated a hold rating and issued a $30.00 price objective on shares of Duke Realty in a report on Wednesday, October 24th. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of $30.33.

Shares of NYSE DRE opened at $28.02 on Tuesday. Duke Realty has a fifty-two week low of $24.30 and a fifty-two week high of $29.48. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $9.97 billion, a price-to-earnings ratio of 22.60, a P/E/G ratio of 4.11 and a beta of 0.67.

Duke Realty (NYSE:DRE) last issued its quarterly earnings data on Wednesday, October 24th. The real estate investment trust reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. Duke Realty had a return on equity of 8.01% and a net margin of 56.94%. The business had revenue of $196.91 million for the quarter, compared to analyst estimates of $197.78 million. As a group, equities research analysts forecast that Duke Realty will post 1.34 EPS for the current fiscal year.

In related news, Director Melanie R. Sabelhaus sold 2,500 shares of the firm’s stock in a transaction on Monday, October 29th. The shares were sold at an average price of $27.98, for a total transaction of $69,950.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.24% of the company’s stock.

Several large investors have recently bought and sold shares of the company. WINTON GROUP Ltd raised its stake in shares of Duke Realty by 1,367.1% in the 3rd quarter. WINTON GROUP Ltd now owns 117,047 shares of the real estate investment trust’s stock valued at $3,321,000 after acquiring an additional 109,069 shares during the period. Green Street Investors LLC acquired a new position in shares of Duke Realty in the 3rd quarter valued at $8,394,000. Raymond James & Associates boosted its holdings in shares of Duke Realty by 16.1% in the 2nd quarter. Raymond James & Associates now owns 302,475 shares of the real estate investment trust’s stock valued at $8,781,000 after buying an additional 41,931 shares in the last quarter. Paloma Partners Management Co acquired a new position in shares of Duke Realty in the 2nd quarter valued at $2,151,000. Finally, Lourd Capital LLC acquired a new position in shares of Duke Realty in the 3rd quarter valued at $217,000. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Duke Realty Company Profile

Duke Realty Corporation owns and operates approximately 150 million rentable square feet of industrial assets in 20 major logistics markets. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P 500 Index.

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Analyst Recommendations for Duke Realty (NYSE:DRE)

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Duke Realty Corp (DRE) Shares Bought by Landscape Capital Management LLC

WINTON GROUP Ltd lifted its position in shares of Duke Realty by 19.7% in the fourth quarter. WINTON GROUP Ltd now owns 20,084 shares of the real estate investment trust’s stock valued at $546,000 after acquiring an additional 3,312 shares in the last quarter. Geode Capital Management LLC lifted …

Duke Realty logoLandscape Capital Management L.L.C. grew its holdings in Duke Realty Corp (NYSE:DRE) by 183.3% during the 4th quarter, HoldingsChannel reports. The fund owned 243,100 shares of the real estate investment trust’s stock after acquiring an additional 157,300 shares during the period. Duke Realty accounts for about 0.6% of Landscape Capital Management L.L.C.’s portfolio, making the stock its 27th largest position. Landscape Capital Management L.L.C.’s holdings in Duke Realty were worth $6,615,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. WINTON GROUP Ltd lifted its position in shares of Duke Realty by 19.7% in the fourth quarter. WINTON GROUP Ltd now owns 20,084 shares of the real estate investment trust’s stock valued at $546,000 after acquiring an additional 3,312 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Duke Realty by 3.9% in the fourth quarter. Geode Capital Management LLC now owns 4,629,602 shares of the real estate investment trust’s stock valued at $125,750,000 after acquiring an additional 174,440 shares in the last quarter. Amalgamated Bank lifted its position in shares of Duke Realty by 5.6% in the fourth quarter. Amalgamated Bank now owns 73,823 shares of the real estate investment trust’s stock valued at $2,009,000 after acquiring an additional 3,942 shares in the last quarter. Assetmark Inc. lifted its position in shares of Duke Realty by 191.5% in the fourth quarter. Assetmark Inc. now owns 394,449 shares of the real estate investment trust’s stock valued at $10,733,000 after acquiring an additional 259,131 shares in the last quarter. Finally, Carillon Tower Advisers Inc. purchased a new position in shares of Duke Realty in the fourth quarter valued at about $1,937,000. Institutional investors and hedge funds own 94.30% of the company’s stock.

Shares of Duke Realty Corp (NYSE DRE) opened at $24.75 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 4.43 and a quick ratio of 4.43. The company has a market capitalization of $8,842.63, a PE ratio of 5.43, a P/E/G ratio of 4.47 and a beta of 0.80. Duke Realty Corp has a 52-week low of $24.48 and a 52-week high of $30.14.

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Thursday, February 15th were given a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.23%. Duke Realty’s dividend payout ratio is currently 17.54%.

DRE has been the topic of several research analyst reports. Citigroup upgraded Duke Realty from a “neutral” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Thursday, December 14th. Morgan Stanley restated an “overweight” rating and issued a $31.00 price objective on shares of Duke Realty in a research report on Thursday, December 14th. JPMorgan Chase & Co. downgraded Duke Realty from a “neutral” rating to an “underweight” rating and set a $29.00 price objective on the stock. in a research report on Friday, December 15th. Royal Bank of Canada downgraded Duke Realty from an “outperform” rating to a “sector perform” rating and boosted their price objective for the company from $29.00 to $31.00 in a research report on Wednesday, January 3rd. Finally, Zacks Investment Research downgraded Duke Realty from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $29.82.

In related news, Director Charles R. Eitel sold 5,242 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $24.96, for a total value of $130,840.32. Following the sale, the director now directly owns 4,927 shares in the company, valued at $122,977.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is currently owned by insiders.

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Duke Realty Company Profile

Duke Realty Corporation is a self-managed real estate investment trust (REIT). The Company and Duke Realty Limited Partnership collectively specialize in the ownership, management and development of bulk distribution (industrial) and medical office real estate. It operates through three segments, the first two of which consist of the ownership and rental of industrial and medical office real estate investments.

Want to see what other hedge funds are holding DRE?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Duke Realty Corp (NYSE:DRE).

Institutional Ownership by Quarter for Duke Realty (NYSE:DRE)

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