Duke Realty Corp (NYSE:DRE) Director Charles R. Eitel sold 5,242 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $24.96, for a total value of $130,840.32. Following the completion of the sale, the director now owns 4,927 shares in the company, valued at $122,977.92. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of Duke Realty Corp (NYSE:DRE) opened at $24.77 on Thursday. The firm has a market capitalization of $8,864.05, a price-to-earnings ratio of 5.43, a PEG ratio of 4.49 and a beta of 0.77. The company has a debt-to-equity ratio of 0.53, a quick ratio of 4.43 and a current ratio of 4.43. Duke Realty Corp has a one year low of $24.48 and a one year high of $30.14.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Thursday, February 15th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.23%. The ex-dividend date of this dividend was Wednesday, February 14th. Duke Realty’s dividend payout ratio is presently 17.54%.
Several institutional investors and hedge funds have recently added to or reduced their stakes in DRE. Delpha Capital Management LLC bought a new stake in shares of Duke Realty during the 4th quarter worth $121,000. Itau Unibanco Holding S.A. bought a new stake in shares of Duke Realty during the 4th quarter worth $132,000. Zeke Capital Advisors LLC bought a new stake in shares of Duke Realty during the 3rd quarter worth $211,000. Synovus Financial Corp bought a new stake in shares of Duke Realty during the 3rd quarter worth $212,000. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Duke Realty during the 3rd quarter worth $228,000. 94.30% of the stock is owned by institutional investors and hedge funds.
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Duke Realty Company 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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