Breaking: Morgan Stanley Reconfirms $31 PT On Duke Realty (NYSE:DRE) Shares, Reconfirms Their Original “Overweight” Rating

July 17, 2017 - By Vivian Park

 Breaking: Morgan Stanley Reconfirms $31 PT On Duke Realty (NYSE:DRE) Shares, Reconfirms Their Original

Investors sentiment increased to 1.32 in 2016 Q4. Its up 0.06, from 1.26 in 2016Q3. It increased, as 31 investors sold Duke Realty Corp shares while 100 reduced holdings. 43 funds opened positions while 130 raised stakes. 318.37 million shares or 3.26% less from 329.09 million shares in 2016Q3 were reported.

Virginia Retirement System Et Al stated it has 0.12% of its portfolio in Duke Realty Corp (NYSE:DRE). Verition Fund Mgmt Limited Liability stated it has 0.03% of its portfolio in Duke Realty Corp (NYSE:DRE). Asset holds 27,456 shares or 0.03% of its portfolio. Amica Pension Fund Board Of Trustees holds 0.3% or 94,521 shares. Liberty Mutual Grp Asset invested in 156,598 shares or 0.15% of the stock. Barings Real Estate Advisers Ltd Liability Corporation holds 393,920 shares. Peak6 Lp owns 4,546 shares or 0% of their US portfolio. Nuveen Asset Management Lc, a Illinois-based fund reported 5.78 million shares. Dekabank Deutsche Girozentrale holds 0% or 10,356 shares in its portfolio. Pictet Asset Management invested in 154,500 shares. Manufacturers Life Ins The accumulated 484,946 shares. Macquarie reported 1.08 million shares. Ameriprise Finance has invested 0.08% in Duke Realty Corp (NYSE:DRE). 290,627 were reported by Guggenheim Capital Limited Liability Corp. Synovus Financial stated it has 2,310 shares.

Since February 22, 2017, it had 1 buying transaction, and 3 sales for $326,912 activity. 4,803 shares valued at $132,419 were sold by SHAW JACK R on Wednesday, May 3. On Monday, May 15 the insider SCOTT PETER M III sold $70,625. Shares for $133,878 were sold by EITEL CHARLES R. SABELHAUS MELANIE R bought 350 shares worth $10,010.

Duke Realty (NYSE:DRE) Rating Reaffirmed

Morgan Stanley now has a $31 PT on the $10.08B market cap company or 10.12 % upside potential. In a report issued to clients and investors on 17 July, Duke Realty (NYSE:DRE) shares have had their “Overweight” Rating maintained by analysts at Morgan Stanley.

Investors sentiment increased to 1.32 in 2016 Q4. Its up 0.06, from 1.26 in 2016Q3. It increased, as 31 investors sold Duke Realty Corp shares while 100 reduced holdings. 43 funds opened positions while 130 raised stakes. 318.37 million shares or 3.26% less from 329.09 million shares in 2016Q3 were reported.

Virginia Retirement System Et Al stated it has 0.12% of its portfolio in Duke Realty Corp (NYSE:DRE). Verition Fund Mgmt Limited Liability stated it has 0.03% of its portfolio in Duke Realty Corp (NYSE:DRE). Asset holds 27,456 shares or 0.03% of its portfolio. Amica Pension Fund Board Of Trustees holds 0.3% or 94,521 shares. Liberty Mutual Grp Asset invested in 156,598 shares or 0.15% of the stock. Barings Real Estate Advisers Ltd Liability Corporation holds 393,920 shares. Peak6 Lp owns 4,546 shares or 0% of their US portfolio. Nuveen Asset Management Lc, a Illinois-based fund reported 5.78 million shares. Dekabank Deutsche Girozentrale holds 0% or 10,356 shares in its portfolio. Pictet Asset Management invested in 154,500 shares. Manufacturers Life Ins The accumulated 484,946 shares. Macquarie reported 1.08 million shares. Ameriprise Finance has invested 0.08% in Duke Realty Corp (NYSE:DRE). 290,627 were reported by Guggenheim Capital Limited Liability Corp. Synovus Financial stated it has 2,310 shares.

Since February 22, 2017, it had 1 buying transaction, and 3 sales for $326,912 activity. 4,803 shares valued at $132,419 were sold by SHAW JACK R on Wednesday, May 3. On Monday, May 15 the insider SCOTT PETER M III sold $70,625. Shares for $133,878 were sold by EITEL CHARLES R. SABELHAUS MELANIE R bought 350 shares worth $10,010.

Duke Realty Corp (NYSE:DRE) Ratings Coverage

Among 14 analysts covering Duke Realty (NYSE:DRE), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. Duke Realty has $3100 highest and $21 lowest target. $28.25’s average target is 0.36% above currents $28.15 stock price. Duke Realty had 27 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Robert W. Baird given on Tuesday, August 11. RBC Capital Markets maintained the shares of DRE in report on Tuesday, November 22 with “Outperform” rating. The stock of Duke Realty Corp (NYSE:DRE) has “Equalweight” rating given on Thursday, February 4 by Barclays Capital. The rating was upgraded by Miller Tabak to “Hold” on Wednesday, September 9. Stifel Nicolaus maintained Duke Realty Corp (NYSE:DRE) rating on Friday, July 14. Stifel Nicolaus has “Buy” rating and $3100 target. The stock of Duke Realty Corp (NYSE:DRE) earned “Buy” rating by Goldman Sachs on Monday, December 14. The company was downgraded on Friday, January 27 by UBS. BMO Capital Markets upgraded the stock to “Hold” rating in Friday, May 5 report. As per Wednesday, September 28, the company rating was initiated by Mizuho. Robert W. Baird upgraded the stock to “Outperform” rating in Monday, November 28 report.

About 1.26M shares traded. Duke Realty Corp (NYSE:DRE) has risen 24.81% since July 17, 2016 and is uptrending. It has outperformed by 8.11% the S&P500.

Analysts expect Duke Realty Corp (NYSE:DRE) to report $0.31 EPS on July, 26.They anticipate $0.01 EPS change or 3.33 % from last quarter’s $0.3 EPS. DRE’s profit would be $110.93M giving it 22.69 P/E if the $0.31 EPS is correct. After having $0.32 EPS previously, Duke Realty Corp’s analysts see -3.13 % EPS growth.

Duke Realty Corporation is a self-managed real estate investment trust . The company has market cap of $10.08 billion. The Firm and Duke Realty Limited Partnership collectively specialize in the ownership, management and development of bulk distribution (industrial) and medical office real estate. It has a 29.64 P/E ratio. It operates through three divisions, the first two of which consist of the ownership and rental of industrial and medical office real estate investments.

Another recent and important Duke Realty Corp (NYSE:DRE) news was published by Nasdaq.com which published an article titled: “Duke Realty Corporation Schedules Second Quarter 2017 Earnings Release and …” on July 10, 2017.

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