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Duke Realty Corp (DRE) Shares Bought by DnB Asset Management AS

18 May 2017
Duke Realty Corp (DRE) Shares Bought by DnB Asset Management AS

Boenning Scattergood analyst F. Van.

Shares of Kimco Realty Corporation (KIM) touched the day high at $18.93 while its day Low was at $18.12.

Turns focus to close tenure, estimated EPS growth for next year of KIM stands at 9.35%. Kimco Realty Corporation (KIM) is a part of Financial sector and belongs to REIT - Retail industry. Equities analysts expect Duke Realty Corp to earn $0.35 per share next year, which means the company may not be able to cover its $0.76 annual dividend with an expected future payout ratio of 217.1%.

Debt to Equity ratio stands at 0.98 while Long Term Debt To Equity Ratio flashes the value of 0.98. The company had revenue of $293.60 million for the quarter, compared to analysts' expectations of $291.46 million. During the same quarter in the prior year, the company posted $0.37 EPS. The firm's revenue was down 1.2% compared to the same quarter past year.

Kimco Realty Corporation (KIM) now has P/E (Price to Earnings) ratio of 39.59 while the company's industry has 28.6 P/E and the sector P/E is 20.63. If you are viewing this news story on another site, it was copied illegally and republished in violation of United States and global trademark & copyright law.

In other Duke Realty Corp news, Director Charles R. Eitel sold 5,246 shares of Duke Realty Corp stock in a transaction on Wednesday, February 22nd.

KIM has been the topic of several other research reports. Price Target plays a critical role when it comes to the analysis of a Stock. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. P/E Ratio is for valuing a company that measures its current share price relative to its per-share earnings.

The company's consensus rating is now Hold, with 6 analysts rating it a Strong Buy, and 7 analysts rating it with a Hold. TheStreet cut shares of Kimco Realty Corp from a "b-" rating to a "c" rating in a research report on Wednesday, April 26th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company.

Pfizer Inc. (NYSE:PFE) eased up 0.33% and closed at $33.12 in the last trading session with the overall traded volume of 19.4 Million shares versus to the average volume of 22832.21 shares.

The share of Kimco Realty Corporation (KIM) now has a value of $18.15 while the company's 52 week low is at $18.86, the shares dropped to the 52 week low on 05/16/17. The company has a market cap of $7.76 billion, a PE ratio of 28.83 and a beta of 0.73. Duke Realty Corp has a 12-month low of $22.64 and a 12-month high of $28.99. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods.

In related news, Chairman Milton Cooper bought 5,000 shares of the company's stock in a transaction on Wednesday, February 15th. Mizuho Trust & Banking Co. Utd Capital Finance Advisers Limited Liability holds 0.06% of its portfolio in Duke Realty Corp (NYSE:DRE) for 239,907 shares. The fund owned 26,242 shares of the real estate investment trust's stock after buying an additional 5,900 shares during the period. Finally, Nuveen Fund Advisors LLC acquired a new position in shares of Duke Realty Corp during the third quarter worth $238,000. Following the transaction, the director now owns 4,949 shares in the company, valued at approximately $126,298.48. Virginia Retirement Systems ET AL increased its position in Kimco Realty Corp by 10.4% in the third quarter. Zacks Investment Research lowered shares of Kimco Realty Corp from a hold rating to a sell rating in a report on Thursday, April 27th. BMO Capital Markets reissued a hold rating and issued a $28.00 price objective on shares of Duke Realty Corp in a research report on Monday, March 20th.

During last 3 month it remained at -23.51%. The company posted an earnings surprise of 7.1%. It increased, as 31 investors sold DRE shares while 100 reduced holdings. Delta Asset Mgmt Tn owns 14,872 shares or 0.07% of their U.S. portfolio. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.40% of the company's stock.

The company also recently declared a quarterly dividend, which will be paid on Monday, July 17th. 6,586,825 shares of the stock were exchanged. The ex-dividend date of this dividend is Monday, July 3rd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.71%.

Now the P/E of Kimco Realty Corporation stands at 37.35.

Duke Realty Corporation is a self-managed real estate investment trust. The Company's open-air shopping center properties had various national and regional companies as competitors, such as TJX Companies, The Home Depot, Ahold Delhaize, Albertsons and Ross Stores.