Mutual of America Capital Management LLC lifted its holdings in Duke Realty Corporation (NYSE:DRE) by 1.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 381,504 shares of the real estate investment trust’s stock after acquiring an additional 3,840 shares during the quarter. Mutual of America Capital Management LLC owned 0.11% of Duke Realty Corporation worth $10,663,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. First Personal Financial Services boosted its holdings in Duke Realty Corporation by 1.2% during the second quarter. First Personal Financial Services now owns 3,931 shares of the real estate investment trust’s stock worth $110,000 after buying an additional 46 shares in the last quarter. BB&T Securities LLC boosted its holdings in Duke Realty Corporation by 1.6% during the second quarter. BB&T Securities LLC now owns 7,828 shares of the real estate investment trust’s stock worth $218,000 after buying an additional 125 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its holdings in Duke Realty Corporation by 0.3% during the second quarter. Public Employees Retirement Association of Colorado now owns 81,700 shares of the real estate investment trust’s stock worth $2,284,000 after buying an additional 209 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in Duke Realty Corporation by 3.3% during the first quarter. Pacer Advisors Inc. now owns 7,776 shares of the real estate investment trust’s stock worth $204,000 after buying an additional 251 shares in the last quarter. Finally, Capstone Asset Management Co. boosted its holdings in Duke Realty Corporation by 0.9% during the second quarter. Capstone Asset Management Co. now owns 34,126 shares of the real estate investment trust’s stock worth $954,000 after buying an additional 320 shares in the last quarter. Hedge funds and other institutional investors own 93.65% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Mutual of America Capital Management LLC Grows Stake in Duke Realty Corporation (DRE)” was originally published by Daily Political and is owned by of Daily Political. If you are viewing this report on another website, it was stolen and republished in violation of US and international copyright laws. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/09/18/mutual-of-america-capital-management-llc-grows-stake-in-duke-realty-corporation-dre.html.

A number of analysts recently issued reports on DRE shares. BidaskClub raised shares of Duke Realty Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. BMO Capital Markets started coverage on shares of Duke Realty Corporation in a report on Monday, September 11th. They set a “market perform” rating and a $30.00 price target on the stock. Morgan Stanley increased their price target on shares of Duke Realty Corporation from $29.00 to $31.00 and gave the stock an “overweight” rating in a report on Monday, July 17th. Stifel Nicolaus increased their price target on shares of Duke Realty Corporation from $28.00 to $31.00 and gave the stock a “buy” rating in a report on Wednesday, June 14th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $30.00 price target on shares of Duke Realty Corporation in a report on Wednesday, June 7th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $28.91.

In other news, EVP Peter D. Harrington sold 30,000 shares of the company’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $28.87, for a total transaction of $866,100.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.26% of the company’s stock.

Duke Realty Corporation (DRE) traded down 0.254% during trading on Monday, hitting $29.495. 290,438 shares of the stock traded hands. Duke Realty Corporation has a 52-week low of $22.97 and a 52-week high of $30.14. The company’s 50 day moving average price is $29.12 and its 200-day moving average price is $27.92. The stock has a market cap of $10.49 billion, a P/E ratio of 7.268 and a beta of 0.93.

Duke Realty Corporation (NYSE:DRE) last posted its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.02. Duke Realty Corporation had a net margin of 166.06% and a return on equity of 8.72%. The business had revenue of $165.84 million for the quarter, compared to analysts’ expectations of $185.25 million. During the same period in the prior year, the company posted $0.30 EPS. Equities research analysts forecast that Duke Realty Corporation will post $3.71 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Wednesday, August 16th were paid a dividend of $0.19 per share. The ex-dividend date was Monday, August 14th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.57%. Duke Realty Corporation’s dividend payout ratio (DPR) is presently 18.86%.

Duke Realty Corporation 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.

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

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