AEW Capital Management L P grew its position in shares of Duke Realty Corp (NYSE:DRE) by 665.5% during the 4th quarter, Holdings Channel reports. The firm owned 2,462,600 shares of the real estate investment trust’s stock after buying an additional 2,140,900 shares during the quarter. Duke Realty makes up approximately 1.7% of AEW Capital Management L P’s portfolio, making the stock its 23rd largest holding. AEW Capital Management L P’s holdings in Duke Realty were worth $67,007,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Advisor Group Inc. grew its holdings in shares of Duke Realty by 0.3% during the second quarter. Advisor Group Inc. now owns 4,257 shares of the real estate investment trust’s stock worth $119,000 after purchasing an additional 12 shares during the last quarter. Toronto Dominion Bank grew its holdings in shares of Duke Realty by 12.6% during the second quarter. Toronto Dominion Bank now owns 4,369 shares of the real estate investment trust’s stock worth $122,000 after purchasing an additional 488 shares during the last quarter. Zeke Capital Advisors LLC purchased a new position in shares of Duke Realty during the third quarter worth about $211,000. Synovus Financial Corp purchased a new position in shares of Duke Realty during the third quarter worth about $212,000. Finally, Campbell & CO Investment Adviser LLC purchased a new position in shares of Duke Realty during the third quarter worth about $228,000. 94.15% of the stock is currently owned by institutional investors.

Duke Realty Corp (DRE) opened at $25.37 on Monday. The company has a current ratio of 4.43, a quick ratio of 3.23 and a debt-to-equity ratio of 0.53. Duke Realty Corp has a twelve month low of $24.48 and a twelve month high of $30.14. The stock has a market capitalization of $9,035.30, a PE ratio of 5.56, a P/E/G ratio of 4.58 and a beta of 0.77.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Thursday, February 15th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Wednesday, February 14th. Duke Realty’s dividend payout ratio is currently 17.54%.

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

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Duke Realty 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 (NYSE:DRE)

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