Sei Investments Co. grew its position in shares of DCT Industrial Trust Inc (NYSE:DCT) by 20.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 192,195 shares of the real estate investment trust’s stock after purchasing an additional 32,943 shares during the period. Sei Investments Co. owned approximately 0.21% of DCT Industrial Trust worth $11,131,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Legal & General Group Plc raised its stake in shares of DCT Industrial Trust by 10.2% during the second quarter. Legal & General Group Plc now owns 306,236 shares of the real estate investment trust’s stock valued at $16,366,000 after purchasing an additional 28,329 shares during the period. South Dakota Investment Council increased its stake in shares of DCT Industrial Trust by 25.3% in the second quarter. South Dakota Investment Council now owns 62,000 shares of the real estate investment trust’s stock worth $3,313,000 after buying an additional 12,500 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of DCT Industrial Trust by 3.2% in the second quarter. Robeco Institutional Asset Management B.V. now owns 159,926 shares of the real estate investment trust’s stock worth $8,546,000 after buying an additional 5,000 shares during the last quarter. Flinton Capital Management LLC increased its stake in shares of DCT Industrial Trust by 115.2% in the second quarter. Flinton Capital Management LLC now owns 11,050 shares of the real estate investment trust’s stock worth $591,000 after buying an additional 5,916 shares during the last quarter. Finally, Symphony Asset Management LLC increased its stake in shares of DCT Industrial Trust by 51.3% in the second quarter. Symphony Asset Management LLC now owns 48,812 shares of the real estate investment trust’s stock worth $2,609,000 after buying an additional 16,551 shares during the last quarter. Institutional investors own 95.49% of the company’s stock.

A number of analysts recently issued reports on DCT shares. UBS AG lowered shares of DCT Industrial Trust from a “neutral” rating to a “sell” rating and set a $55.00 price target for the company. in a research note on Friday, September 8th. Zacks Investment Research upgraded shares of DCT Industrial Trust from a “hold” rating to a “buy” rating and set a $66.00 price target for the company in a research note on Tuesday, October 10th. BMO Capital Markets restated a “market perform” rating and issued a $61.00 price target on shares of DCT Industrial Trust in a research note on Monday, September 11th. KeyCorp restated a “buy” rating on shares of DCT Industrial Trust in a research note on Friday, October 20th. Finally, BidaskClub upgraded shares of DCT Industrial Trust from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $57.20.

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In other DCT Industrial Trust news, Director John C. Okeeffe sold 1,750 shares of DCT Industrial Trust stock in a transaction on Friday, August 25th. The shares were sold at an average price of $57.95, for a total value of $101,412.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.50% of the company’s stock.

DCT Industrial Trust Inc (DCT) opened at $60.18 on Monday. The company has a market cap of $5,604.73, a price-to-earnings ratio of 24.97, a price-to-earnings-growth ratio of 5.83 and a beta of 0.95. The company has a quick ratio of 1.07, a current ratio of 0.87 and a debt-to-equity ratio of 0.84. DCT Industrial Trust Inc has a 1-year low of $43.95 and a 1-year high of $60.98.

DCT Industrial Trust (NYSE:DCT) last released its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. The firm had revenue of $105.18 million during the quarter, compared to the consensus estimate of $105.96 million. DCT Industrial Trust had a net margin of 24.39% and a return on equity of 5.16%. The firm’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.60 earnings per share. equities analysts forecast that DCT Industrial Trust Inc will post 2.44 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 4th. Shareholders of record on Friday, December 22nd will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date is Thursday, December 21st. This is an increase from DCT Industrial Trust’s previous quarterly dividend of $0.31. DCT Industrial Trust’s payout ratio is currently 112.73%.

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.

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

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