Duke Realty (DRE) Receives Upgrade From Wells Fargo. Will Other Analysts Follow Suit?

Duke Realty Corporation (NYSE:DRE) Logo

Investors sentiment decreased to 1.14 in 2018 Q3. Its down 0.06, from 1.2 in 2018Q2. It fall, as 31 investors sold Duke Realty Corporation shares while 117 reduced holdings. 49 funds opened positions while 119 raised stakes. 318.87 million shares or 1.32% less from 323.13 million shares in 2018Q2 were reported.

The New Jersey-based Lord Abbett Company Lc has invested 0.2% in Duke Realty Corporation (NYSE:DRE). The California-based Gemmer Asset Ltd Liability Com has invested 0.01% in Duke Realty Corporation (NYSE:DRE). Assetmark invested 0.04% of its portfolio in Duke Realty Corporation (NYSE:DRE). Gradient Invests has 0% invested in Duke Realty Corporation (NYSE:DRE). Bank Of Montreal Can invested in 424,428 shares or 0.01% of the stock. Cwm Ltd Limited Liability Company invested 0% of its portfolio in Duke Realty Corporation (NYSE:DRE). Clearbridge Lc stated it has 0% of its portfolio in Duke Realty Corporation (NYSE:DRE). Zimmer Ltd Partnership holds 0.14% or 375,000 shares. Amundi Pioneer Asset Management owns 1.33 million shares. United Serv Automobile Association reported 0.03% in Duke Realty Corporation (NYSE:DRE). M&T Financial Bank Corp owns 0.01% invested in Duke Realty Corporation (NYSE:DRE) for 42,016 shares. Daiwa Sb Ltd has invested 0.02% in Duke Realty Corporation (NYSE:DRE). Fjarde Ap has invested 0.05% in Duke Realty Corporation (NYSE:DRE). Fmr invested 0.07% of its portfolio in Duke Realty Corporation (NYSE:DRE). Tennessee-based State Of Tennessee Treasury Department has invested 0.05% in Duke Realty Corporation (NYSE:DRE).

Since June 28, 2018, it had 0 insider buys, and 3 sales for $623,234 activity. 16,500 shares were sold by Harrington Peter D., worth $478,170 on Monday, September 17. SABELHAUS MELANIE R had sold 2,500 shares worth $69,950.

Duke Realty (DRE) Stock Upgrade

In an analyst report sent to clients and investors on Tuesday morning, research professionals at the Wells Fargo equities research division boosted shares of Duke Realty (DRE) stock from a Market Perform to a respectable Outperform rating.

The stock increased 0.04% or $0.01 during the last trading session, reaching $28.44. About 2.75 million shares traded or 41.97% up from the average. Duke Realty Corporation (DRE) has risen 2.34% since December 12, 2017 and is uptrending. It has outperformed by 2.34% the S&P500.

Analysts await Duke Realty Corporation (NYSE:DRE) to report earnings on January, 30. They expect $0.35 earnings per share, up 16.67 % or $0.05 from last year’s $0.3 per share. DRE’s profit will be $126.57M for 20.31 P/E if the $0.35 EPS becomes a reality. After $0.35 actual earnings per share reported by Duke Realty Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Duke Realty Corporation is an equity real estate investment trust. The company has market cap of $10.29 billion. The firm invests in the real estate markets of the United States. It has a 20.56 P/E ratio. It offers a single point of responsibility for all aspects of a project, including leasing, asset management, construction and development.

Duke Realty Corporation (NYSE:DRE) Institutional Positions Chart

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