Duke Realty Corporation (DRE) Holdings Held by Aull & Monroe Investment Management Corp
Aull & Monroe Investment Management Corp held its stake in shares of Duke Realty Corporation (NYSE:DRE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,100 shares of the real estate investment trust’s stock at the close of the 2nd quarter. Aull & Monroe Investment Management Corp’s holdings in Duke Realty Corporation were worth $366,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in DRE. UBS Asset Management Americas Inc. lifted its stake in Duke Realty Corporation by 14.2% in the 1st quarter. UBS Asset Management Americas Inc. now owns 1,389,014 shares of the real estate investment trust’s stock worth $36,489,000 after acquiring an additional 173,024 shares in the last quarter. TD Asset Management Inc. lifted its stake in Duke Realty Corporation by 4.9% in the 1st quarter. TD Asset Management Inc. now owns 21,382 shares of the real estate investment trust’s stock worth $562,000 after acquiring an additional 1,000 shares in the last quarter. Oxford Asset Management purchased a new stake in Duke Realty Corporation in the 1st quarter worth about $1,501,000. Pacer Advisors Inc. lifted its stake in Duke Realty Corporation by 3.3% in the 1st quarter. Pacer Advisors Inc. now owns 7,776 shares of the real estate investment trust’s stock worth $204,000 after acquiring an additional 251 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in Duke Realty Corporation by 294.2% in the 1st quarter. SG Americas Securities LLC now owns 60,074 shares of the real estate investment trust’s stock worth $1,578,000 after acquiring an additional 44,834 shares in the last quarter. 93.65% of the stock is owned by hedge funds and other institutional investors.
In other news, EVP Peter D. Harrington sold 30,000 shares of the company’s stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is owned by corporate insiders.
Duke Realty Corporation (NYSE:DRE) traded down 0.14% during midday trading on Thursday, hitting $28.57. The stock had a trading volume of 364,088 shares. Duke Realty Corporation has a 52 week low of $22.97 and a 52 week high of $30.14. The firm has a market cap of $10.16 billion, a P/E ratio of 7.04 and a beta of 0.93. The stock has a 50-day moving average of $29.16 and a 200-day moving average of $28.00.
Duke Realty Corporation (NYSE:DRE) last posted its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. The company had revenue of $165.84 million during the quarter, compared to analysts’ expectations of $185.25 million. Duke Realty Corporation had a return on equity of 8.72% and a net margin of 166.06%. During the same period in the prior year, the firm earned $0.30 earnings per share. Analysts forecast that Duke Realty Corporation will post $3.71 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Wednesday, August 16th were given a dividend of $0.19 per share. The ex-dividend date was Monday, August 14th. This represents a $0.76 annualized dividend and a dividend yield of 2.67%. Duke Realty Corporation’s dividend payout ratio is currently 18.86%.
Several brokerages recently issued reports on DRE. J P Morgan Chase & Co downgraded Duke Realty Corporation from an “overweight” rating to a “neutral” rating and set a $30.00 price objective for the company. in a research note on Tuesday. Stifel Nicolaus reissued a “buy” rating and issued a $31.00 price objective on shares of Duke Realty Corporation in a research note on Thursday, September 21st. BidaskClub raised Duke Realty Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, August 23rd. BMO Capital Markets began coverage on Duke Realty Corporation in a research note on Monday, September 11th. They issued a “market perform” rating and a $30.00 price objective for the company. Finally, 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. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $29.09.
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.
Want to see what other hedge funds are holding DRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Duke Realty Corporation (NYSE:DRE).
Receive News & Stock 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 stocks with our FREE daily email newsletter.