On a relative basis, the stock has outperformed the S&P 500 by 2.07% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.45% in the last 1 week, and is up 6.53% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.75% and the 50-Day Moving Average is 10.35%.
Duke Realty Corporation (NYSE:DRE): The stock opened at $27.24 on Friday but the bulls could not build on the opening and the stock topped out at $27.34 for the day. The stock traded down to $27.03 during the day, due to lack of any buying support eventually closed down at $27.23 with a loss of -0.04% for the day. The stock had closed at $27.24 on the previous day. The total traded volume was 1,572,156 shares.
The company Insiders own 0.4% of Duke Realty Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.71% . Institutional Investors own 94.12% of Duke Realty Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.61%. In a related news, The Securities and Exchange Commission has divulged that Eitel Charles R, Director of DUKE REALTY CORP, had unloaded 3,575 shares at an average price of $25.94 in a transaction dated on June 28, 2016. The total value of the transaction was worth $92,736.
Duke Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company operates in four segments: industrial, office, medical office real estate investments and service operations. Service operations consists of various real estate services, such as property management, asset management, maintenance, leasing, development, general contractor and construction management to third-party property owners and joint ventures. The Company conducts its Service Operations through Duke Realty Services, LLC, Duke Realty Services Limited Partnership and Duke Construction Limited Partnership (DCLP). As of December 31, 2014, the Companys portfolio included owned or jointly controlled 729 industrial, offices, medical office and other properties, of which 706 properties with approximately 146.9 million square feet were in service. The Company owns interest in 500 bulk distribution industrial properties, which are primarily warehouse facilities.