Large Outflow of Money Witnessed in Duke Realty Corporation

Duke Realty Corporation (DRE) : Money flow in the Duke Realty Corporation (DRE) stock was negative (16.03 million) on Monday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $10.59 million, compared to $26.61 million on downticks. The total uptick to downtick ratio was 0.4, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($17.04 million), indicating selling on the strength. The transaction value during uptick in block trades was $4.2 million. Downtick transaction value in block trades amounted to $21.24 million, indicating persistent selling. The uptick to downtick ratio was 0.2. Duke Realty Corporation (DRE) traded $0.14 higher at $27.37 gaining 0.51% over the previous days close.


Duke Realty Corporation is up 22.93% in the last 3-month period. Year-to-Date the stock performance stands at 32.47%. Shares of Duke Realty Corporation rose by 0.88% in the last five trading days and 7.84% for the last 4 weeks. 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 (NYSE:DRE): stock turned positive on Monday. Though the stock opened at $27.24, the bulls momentum made the stock top out at $27.41 level for the day. The stock recorded a low of $27.19 and closed the trading day at $27.37, in the green by 0.51%. The total traded volume for the day was 3,299,577. The stock had closed at $27.23 in the previous days trading.

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.

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