Private Advisor Group LLC lifted its position in Duke Realty Corp (NYSE:DRE) by 7.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,465 shares of the real estate investment trust’s stock after buying an additional 586 shares during the quarter. Private Advisor Group LLC’s holdings in Duke Realty were worth $219,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of DRE. Moneta Group Investment Advisors LLC purchased a new stake in Duke Realty during the 4th quarter worth about $363,000. BlackRock Inc. increased its holdings in Duke Realty by 1.9% during the 4th quarter. BlackRock Inc. now owns 39,591,883 shares of the real estate investment trust’s stock worth $1,025,429,000 after purchasing an additional 734,164 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in Duke Realty by 21.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 373,689 shares of the real estate investment trust’s stock worth $9,680,000 after purchasing an additional 66,352 shares during the period. Pearl River Capital LLC purchased a new position in shares of Duke Realty in the 4th quarter valued at about $109,000. Finally, California Public Employees Retirement System increased its holdings in shares of Duke Realty by 56.9% in the 4th quarter. California Public Employees Retirement System now owns 1,751,928 shares of the real estate investment trust’s stock valued at $45,375,000 after acquiring an additional 635,556 shares during the last quarter. Hedge funds and other institutional investors own 92.94% of the company’s stock.

In related news, EVP Nicholas C. Anthony sold 9,937 shares of the firm’s stock in a transaction that occurred on 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 transaction, the executive vice president now directly owns 28,016 shares of the company’s stock, valued at approximately $814,425.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Steven W. Schnur sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $29.82, for a total value of $298,200.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 94,674 shares of company stock valued at $2,805,226. Company insiders own 0.24% of the company’s stock.

A number of research analysts have recently commented on the company. Barclays reiterated a “hold” rating and issued a $28.00 price objective on shares of Duke Realty in a report on Thursday, February 14th. Zacks Investment Research downgraded Duke Realty from a “hold” rating to a “sell” rating in a report on Wednesday, January 30th. BTIG Research raised Duke Realty from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 8th. JPMorgan Chase & Co. raised Duke Realty from a “neutral” rating to an “overweight” rating in a research report on Wednesday, December 19th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $30.00 target price on shares of Duke Realty in a research report on Wednesday, January 30th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $30.38.

Duke Realty stock opened at $30.57 on Friday. Duke Realty Corp has a twelve month low of $24.67 and a twelve month high of $31.00. The company has a quick ratio of 2.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.56. The company has a market cap of $10.98 billion, a price-to-earnings ratio of 22.98, a P/E/G ratio of 4.51 and a beta of 0.76.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 28th. Stockholders of record on Thursday, February 14th were paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend was Wednesday, February 13th. Duke Realty’s dividend payout ratio (DPR) is 64.66%.

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Duke Realty Company Profile

Duke Realty Corporation owns and operates approximately 153 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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