Shares of Duke Realty Corporation (DRE) Sees Large Inflow of Net Money Flow

The shares of Duke Realty Corporation (DRE) traded with a loss of -0.11 points or -0.45% in the most recent session. The shares last traded at $24.22. As per the trading info, the shares saw $22.17 million in upticks and lost $13.09 million in downticks, resulting in a net money flow of $9.08 million. The up/down ratio for the day was measured at 1.69. For the week, the shares had posted -0.37%.From the block trade data available, the total upticks were valued at $16.59 million and the total downticks were valued at $6.9 million, thereby putting the up/down ratio at 2.4. The net money flow for the block transaction was $9.69 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Duke Realty Corporation has lost 7.2% in the last five trading days and dropped 8.81% in the last 4 weeks. Duke Realty Corporation has dropped 6.62% during the last 3-month period . Year-to-Date the stock performance stands at -8.81%. Duke Realty Corporation (NYSE:DRE) witnessed a decline in the market cap on Wednesday as its shares dropped 0.45% or 0.11 points. After the session commenced at $24.33, the stock reached the higher end at $24.46 while it hit a low of $24.06. With the volume soaring to 3,370,329 shares, the last trade was called at $24.22. The company has a 52-week high of $28.99. The company has a market cap of $8,591 million and there are 354,693,500 shares in outstanding. The 52-week low of the share price is $18.57.

Company has reported several Insider transactions to the SEC, on Jun 30, 2016, Charles R Eitel (director) sold 3,575 shares at 25.94 per share price.On Jun 24, 2016, Steven R Kennedy (EVP, Construction) sold 26,649 shares at 25.41 per share price.On Jun 9, 2016, Dennis D Oklak (Executive Chairman) sold 75,000 shares at 24.41 per share price.

Duke Realty Corp Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.30. The company had revenue of $204.26 million for the quarter, compared to analysts expectations of $204.91 million. The companys revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Duke Realty Corp was Reiterated by Stifel on Jan 27, 2017 to Buy, Lowers Price Target to $ 28 from a previous price target of $30 .Duke Realty Corp was Downgraded by UBS on Jan 27, 2017 to Neutral, Lowers Price Target to $ 27 from a previous price target of $28.50 .Duke Realty Corp was Downgraded by Wells Fargo to Market Perform on Dec 13, 2016. Duke Realty Corp was Upgraded by Robert W. Baird on Nov 28, 2016 to Outperform, Price Target of the shares are set at $30.Duke Realty Corp was Reiterated by RBC Capital Mkts on Nov 22, 2016 to Outperform, Lowers Price Target to $ 28 from a previous price target of $30 .

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. They offer a complete range of real estate products and services.

Duke

Share this post

Leave a Reply