Duke Realty Corporation (DRE) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its stake in shares of Duke Realty Corporation (NYSE:DRE) by 868.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 455,060 shares of the real estate investment trust’s stock after buying an additional 408,069 shares during the quarter. Janus Henderson Group PLC owned approximately 0.13% of Duke Realty Corporation worth $12,719,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in DRE. BlackRock Inc. lifted its holdings in Duke Realty Corporation by 8.6% during the 2nd quarter. BlackRock Inc. now owns 45,922,413 shares of the real estate investment trust’s stock valued at $1,283,532,000 after buying an additional 3,652,025 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in Duke Realty Corporation by 30.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 8,109,890 shares of the real estate investment trust’s stock valued at $226,671,000 after buying an additional 1,894,749 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Duke Realty Corporation by 355.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,886,452 shares of the real estate investment trust’s stock valued at $52,675,000 after buying an additional 1,472,089 shares in the last quarter. Nuveen Asset Management LLC lifted its holdings in Duke Realty Corporation by 20.2% during the 1st quarter. Nuveen Asset Management LLC now owns 6,944,579 shares of the real estate investment trust’s stock valued at $182,434,000 after buying an additional 1,168,051 shares in the last quarter. Finally, Teachers Advisors LLC lifted its holdings in Duke Realty Corporation by 187.9% during the 1st quarter. Teachers Advisors LLC now owns 1,178,497 shares of the real estate investment trust’s stock valued at $30,959,000 after buying an additional 769,159 shares in the last quarter. Institutional investors own 93.67% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://ledgergazette.com/2017/10/21/duke-realty-corporation-dre-shares-bought-by-janus-henderson-group-plc.html.

DRE has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of Duke Realty Corporation from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a report on Monday, October 2nd. Stifel Nicolaus reiterated a “buy” rating and set a $31.00 price objective on shares of Duke Realty Corporation in a report on Thursday, September 21st. BidaskClub upgraded shares of Duke Realty Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 23rd. Barclays PLC decreased their price objective on shares of Duke Realty Corporation from $26.00 to $25.00 and set an “equal weight” rating for the company in a report on Tuesday, July 18th. Finally, BMO Capital Markets initiated 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 objective for the company. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Duke Realty Corporation has a consensus rating of “Hold” and a consensus price target of $29.45.

In other news, EVP Peter D. Harrington sold 30,000 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $28.87, for a total transaction of $866,100.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.26% of the stock is currently owned by corporate insiders.

Duke Realty Corporation (DRE) opened at 28.85 on Friday. The firm’s 50-day moving average is $29.19 and its 200-day moving average is $28.51. The stock has a market cap of $10.26 billion, a P/E ratio of 7.11 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 issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.02. The business had revenue of $165.84 m

A number of other institutional investors and hedge funds also recently made changes to their positions in DRE. BlackRock Inc. lifted its holdings in Duke Realty Corporation by 8.6% during the 2nd quarter. BlackRock Inc. now owns 45,922,413 shares of the real estate investment trust’s stock valued at $1,283,532,000 after buying an additional 3,652,025 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in Duke Realty Corporation by 30.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 8,109,890 shares of the real estate investment trust’s stock valued at $226,671,000 after buying an additional 1,894,749 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Duke Realty Corporation by 355.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,886,452 shares of the real estate investment trust’s stock valued at $52,675,000 after buying an additional 1,472,089 shares in the last quarter. Nuveen Asset Management LLC lifted its holdings in Duke Realty Corporation by 20.2% during the 1st quarter. Nuveen Asset Management LLC now owns 6,944,579 shares of the real estate investment trust’s stock valued at $182,434,000 after buying an additional 1,168,051 shares in the last quarter. Finally, Teachers Advisors LLC lifted its holdings in Duke Realty Corporation by 187.9% during the 1st quarter. Teachers Advisors LLC now owns 1,178,497 shares of the real estate investment trust’s stock valued at $30,959,000 after buying an additional 769,159 shares in the last quarter. Institutional investors own 93.67% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://ledgergazette.com/2017/10/21/duke-realty-corporation-dre-shares-bought-by-janus-henderson-group-plc.html.

DRE has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of Duke Realty Corporation from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a report on Monday, October 2nd. Stifel Nicolaus reiterated a “buy” rating and set a $31.00 price objective on shares of Duke Realty Corporation in a report on Thursday, September 21st. BidaskClub upgraded shares of Duke Realty Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 23rd. Barclays PLC decreased their price objective on shares of Duke Realty Corporation from $26.00 to $25.00 and set an “equal weight” rating for the company in a report on Tuesday, July 18th. Finally, BMO Capital Markets initiated 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 objective for the company. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Duke Realty Corporation has a consensus rating of “Hold” and a consensus price target of $29.45.

In other news, EVP Peter D. Harrington sold 30,000 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $28.87, for a total transaction of $866,100.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.26% of the stock is currently owned by corporate insiders.

Duke Realty Corporation (DRE) opened at 28.85 on Friday. The firm’s 50-day moving average is $29.19 and its 200-day moving average is $28.51. The stock has a market cap of $10.26 billion, a P/E ratio of 7.11 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 issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.02. The business had revenue of $165.84 million for the quarter, compared to analysts’ expectations of $185.25 million. Duke Realty Corporation had a net margin of 166.06% and a return on equity of 8.72%. During the same quarter in the prior year, the company earned $0.30 earnings per share. Equities research analysts predict that Duke Realty Corporation will post $3.71 earnings per share for the current year.

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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