Bollard Group LLC increased its stake in shares of Duke Realty Corporation (NYSE:DRE) by 0.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 106,837 shares of the real estate investment trust’s stock after buying an additional 684 shares during the period. Bollard Group LLC’s holdings in Duke Realty Corporation were worth $2,986,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Toronto Dominion Bank increased its stake in shares of Duke Realty Corporation by 9.6% in the first quarter. Toronto Dominion Bank now owns 3,881 shares of the real estate investment trust’s stock valued at $102,000 after buying an additional 341 shares in the last quarter. First Personal Financial Services increased its stake in shares of Duke Realty Corporation by 117.6% in the first quarter. First Personal Financial Services now owns 3,885 shares of the real estate investment trust’s stock valued at $102,000 after buying an additional 2,100 shares in the last quarter. Harbour Capital Advisors LLC bought a new stake in shares of Duke Realty Corporation during the first quarter valued at approximately $132,000. Global X Management Co. LLC increased its stake in shares of Duke Realty Corporation by 45.2% in the first quarter. Global X Management Co. LLC now owns 5,562 shares of the real estate investment trust’s stock valued at $146,000 after buying an additional 1,732 shares in the last quarter. Finally, Franklin Parlapiano Turner & Welch LLC bought a new stake in shares of Duke Realty Corporation during the first quarter valued at approximately $148,000. 92.96% of the stock is owned by institutional investors and hedge funds.

Shares of Duke Realty Corporation (NYSE DRE) traded down 1.3313% on Friday, reaching $27.6075. The company’s stock had a trading volume of 1,295,793 shares. The company’s 50 day moving average is $28.25 and its 200-day moving average is $27.01. Duke Realty Corporation has a 1-year low of $22.97 and a 1-year high of $29.25. The stock has a market cap of $9.82 billion, a PE ratio of 28.9995 and a beta of 0.94.

Duke Realty Corporation (NYSE:DRE) last issued its quarterly earnings results on Wednesday, April 26th. The real estate investment trust reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $227.30 million for the quarter, compared to analyst estimates of $204.47 million. Duke Realty Corporation had a return on equity of 9.74% and a net margin of 37.48%. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.28 earnings per share. On average, equities analysts predict that Duke Realty Corporation will post $0.45 earnings per share for the current fiscal year.

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Several equities research analysts have recently commented on the company. BidaskClub raised Duke Realty Corporation from a “sell” rating to a “hold” rating in a report on Wednesday. Morgan Stanley increased their price objective on Duke Realty Corporation from $29.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday. Barclays PLC reduced their price objective on Duke Realty Corporation from $26.00 to $25.00 and set an “equal weight” rating for the company in a research note on Tuesday. Bank of America Corporation downgraded Duke Realty Corporation from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $32.00 to $30.00 in a research note on Friday, June 23rd. Finally, Stifel Nicolaus increased their price objective on Duke Realty Corporation from $28.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, June 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $28.92.

In other news, Director Jack R. Shaw sold 4,803 shares of the business’s stock in a transaction dated Wednesday, May 3rd. The stock was sold at an average price of $27.57, for a total value of $132,418.71. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Peter M. Scott III sold 2,500 shares of the business’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $28.25, for a total value of $70,625.00. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

About Duke Realty Corporation

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.

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

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