Robeco Institutional Asset Management B.V. increased its stake in shares of DCT Industrial Trust Inc (NYSE:DCT) by 3.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 159,926 shares of the real estate investment trust’s stock after buying an additional 5,000 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.17% of DCT Industrial Trust worth $8,546,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Prudential Financial Inc. boosted its stake in DCT Industrial Trust by 64.8% in the second quarter. Prudential Financial Inc. now owns 165,847 shares of the real estate investment trust’s stock worth $8,863,000 after buying an additional 65,240 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in DCT Industrial Trust by 0.5% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 88,887 shares of the real estate investment trust’s stock worth $4,750,000 after buying an additional 444 shares in the last quarter. GAM Holding AG boosted its stake in DCT Industrial Trust by 5.3% in the second quarter. GAM Holding AG now owns 7,968 shares of the real estate investment trust’s stock worth $426,000 after buying an additional 400 shares in the last quarter. Virginia Retirement Systems ET AL boosted its stake in DCT Industrial Trust by 1.6% in the second quarter. Virginia Retirement Systems ET AL now owns 223,900 shares of the real estate investment trust’s stock worth $11,965,000 after buying an additional 3,500 shares in the last quarter. Finally, Federated Investors Inc. PA boosted its stake in DCT Industrial Trust by 103.3% in the second quarter. Federated Investors Inc. PA now owns 305,602 shares of the real estate investment trust’s stock worth $16,331,000 after buying an additional 155,293 shares in the last quarter. Institutional investors own 95.42% of the company’s stock.

Shares of DCT Industrial Trust Inc (DCT) opened at 57.63 on Thursday. The stock has a 50 day moving average price of $55.79 and a 200 day moving average price of $51.74. The company has a market capitalization of $5.36 billion, a PE ratio of 57.75 and a beta of 0.95. DCT Industrial Trust Inc has a one year low of $42.96 and a one year high of $58.32.

DCT Industrial Trust (NYSE:DCT) last announced its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.60. DCT Industrial Trust had a net margin of 22.20% and a return on equity of 4.69%. The company had revenue of $104.50 million for the quarter, compared to the consensus estimate of $106.54 million. During the same quarter in the prior year, the firm earned $0.54 earnings per share. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. On average, equities research analysts predict that DCT Industrial Trust Inc will post $0.87 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Friday, October 6th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Thursday, October 5th. DCT Industrial Trust’s dividend payout ratio (DPR) is presently 125.25%.

ILLEGAL ACTIVITY NOTICE: “Robeco Institutional Asset Management B.V. Has $8.55 Million Position in DCT Industrial Trust Inc (DCT)” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark law. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/08/31/robeco-institutional-asset-management-b-v-has-8-55-million-position-in-dct-industrial-trust-inc-dct.html.

A number of equities research analysts have commented on the company. Stifel Nicolaus reissued a “buy” rating and set a $60.00 price target (up from $58.00) on shares of DCT Industrial Trust in a report on Wednesday, August 9th. Zacks Investment Research cut DCT Industrial Trust from a “buy” rating to a “hold” rating in a report on Monday, August 14th. BidaskClub raised DCT Industrial Trust from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. Finally, Jefferies Group LLC assumed coverage on DCT Industrial Trust in a report on Friday, June 23rd. They set a “hold” rating and a $53.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $52.71.

In other news, insider Mark Skomal sold 1,320 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $53.66, for a total value of $70,831.20. Following the completion of the transaction, the insider now owns 1,167 shares of the company’s stock, valued at $62,621.22. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John C. Okeeffe sold 1,750 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $57.95, for a total transaction of $101,412.50. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

DCT Industrial Trust Company Profile

DCT Industrial Trust Inc (DCT) is an industrial real estate company. The Company specializes in the ownership, acquisition, development, leasing and management of bulk-distribution and light-industrial properties located in various distribution markets in the United States. The Company operates through three segments: East, Central and West.

Want to see what other hedge funds are holding DCT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DCT Industrial Trust Inc (NYSE:DCT).

Institutional Ownership by Quarter for DCT Industrial Trust (NYSE:DCT)

Receive News & Stock Ratings for DCT Industrial Trust Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DCT Industrial Trust Inc and related stocks with our FREE daily email newsletter.