QS Investors LLC held its position in Duke Realty Corporation (NYSE:DRE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,130 shares of the real estate investment trust’s stock at the end of the 2nd quarter. QS Investors LLC’s holdings in Duke Realty Corporation were worth $479,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Advisor Group Inc. raised its stake in Duke Realty Corporation by 0.3% during the second quarter. Advisor Group Inc. now owns 4,257 shares of the real estate investment trust’s stock valued at $119,000 after purchasing an additional 12 shares in the last quarter. First Personal Financial Services raised its stake 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 valued at $110,000 after purchasing an additional 46 shares in the last quarter. BB&T Securities LLC raised its stake 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 valued at $218,000 after purchasing an additional 125 shares in the last quarter. Public Employees Retirement Association of Colorado raised its stake 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 valued at $2,284,000 after purchasing an additional 209 shares in the last quarter. Finally, Capstone Asset Management Co. raised its stake 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 valued at $954,000 after purchasing an additional 320 shares in the last quarter. 93.67% of the stock is currently owned by institutional investors.

DRE has been the topic of a number of recent research reports. BidaskClub downgraded shares of Duke Realty Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, June 27th. Morgan Stanley upped their price target on shares of Duke Realty Corporation from $29.00 to $31.00 and gave the company an “overweight” rating in a research note on Monday, July 17th. Barclays PLC decreased their price target on shares of Duke Realty Corporation from $26.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 18th. Bank of America Corporation downgraded shares of Duke Realty Corporation from a “buy” rating to a “neutral” rating and decreased their price target for the company from $32.00 to $30.00 in a research note on Friday, June 23rd. Finally, BMO Capital Markets initiated coverage on shares of Duke Realty Corporation in a research note on Monday, September 11th. They set a “market perform” rating and a $30.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Duke Realty Corporation presently has an average rating of “Hold” and a consensus target price of $29.45.

In other news, EVP Peter D. Harrington sold 30,000 shares of Duke Realty Corporation stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $28.87, for a total transaction of $866,100.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.26% of the stock is owned by insiders.

Shares of Duke Realty Corporation (NYSE:DRE) opened at 28.94 on Tuesday. The stock has a 50 day moving average of $29.26 and a 200 day moving average of $28.45. The stock has a market cap of $10.29 billion, a P/E ratio of 7.13 and a beta of 0.93. Duke Realty Corporation has a 52 week low of $22.97 and a 52 week high of $30.14.

Duke Realty Corporation (NYSE:DRE) last posted its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, topping the consensus estimate of $0.31 by $0.02. Duke Realty Corporation had a return on equity of 8.72% and a net margin of 166.06%. The business had revenue of $165.84 million for the quarter, compared to analyst estimates of $185.25 million. During the same quarter in the previous year, the firm earned $0.30 EPS. On average, analysts expect that Duke Realty Corporation will post $3.71 earnings per share for the current year.

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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.

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

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