Fifth Third Bancorp Holds Stake in Duke Realty Corporation (DRE)

The fund owned 42,829 shares of the real estate investment trust's stock at the end of the fourth quarter. The company has a Mean Recommendation of 2.35 based on a scale of 1-5 provided by Thomson Reuters. LLC raised its stake in SL Green Realty Corporation by 76.6% in the third quarter.

Duke Realty Corporation is the largest publicly traded office and industrial real estate company in the United States and a member of the Forbes Super 500. DUPONT CAPITAL MANAGEMENT Corp bought a new position in Duke Realty Corporation during the third quarter valued at $161,000.

Duke Realty Corporation (NYSE:DRE) witnessed a decline in the market cap on Tuesday as its shares dropped 0.04% or 0.01 points. IFP Advisors Inc now owns 4,226 shares of the real estate investment trust's stock valued at $113,000 after buying an additional 2,644 shares during the period.

In recent trade, the price was -2.18% down its 200 day moving average and was brought -3.04% down versus its 50-day simple moving average. The firm has a market capitalization of $11.20 billion, a P/E ratio of 37.97 and a beta of 1.22. SL Green Realty Corporation has a 12-month low of $83.24 and a 12-month high of $120.63.

Baird Upgrades Duke Realty Corporation (NYSE:DRE) to Outperform with no specific Price Target. The company reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. The Return on Investment (ROI) is at 0% while it's Return on Equity (ROE) value stands at 0%. The business had revenue of $374.20 million for the quarter, compared to the consensus estimate of $280.97 million. In the same quarter a year ago, the company reported EPS of $0.71. The business's revenue for the quarter was up 2.9% compared to the same quarter past year.

Duke Realty Corporation (NYSE:DRE) now has a consensus Price Target of $27.87.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 17th. Back on October 26, 2016, it posted earnings per-share earnings at $0.72 which came in line with the consensus $0.72 projection (no surprise). The ex-dividend date of this dividend is Thursday, December 29th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.04%. SL Green Realty Corporation's payout ratio is 132.48%.

CoreSite Realty Corporation was downgraded to " by analysts at Guggenheim.

Duke Realty Corporation (NYSE:DRE): 12 analysts have set the short term price target of Duke Realty Corporation (NYSE:DRE) at $28.13.

10/07/2016 - Raymond James began new coverage on CoreSite Realty Corporation giving the company a " rating. J P Morgan Chase & Co upgraded shares of Duke Realty Corporation from a "neutral" rating to an "overweight" rating and set a $28.00 price target for the company in a report on Friday, December 16th.

Several sell side analysts reviewed their recommendations on Duke Realty Corporation (NYSE:DRE) where 3 analyst have rated the stock as Strong Buy, 5 analysts said it's a Buy, 9 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. The stock exchanged hands at a volume of 1.98M shares whereas, the average volume was 2.86M shares.

In related news, CEO Marc Holliday sold 141,000 shares of the company's stock in a transaction that occurred on Thursday, December 22nd. There may be various price targets for a stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The 52-week low of the share price is $24.26. Following the completion of the sale, the director now directly owns 1,725 shares in the company, valued at $187,214.25.