KBC Group NV decreased its holdings in DCT Industrial Trust Inc (NYSE:DCT) by 10.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 181,943 shares of the real estate investment trust’s stock after selling 20,391 shares during the quarter. KBC Group NV’s holdings in DCT Industrial Trust were worth $10,695,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Honeywell International Inc. raised its stake in DCT Industrial Trust by 27.8% in the third quarter. Honeywell International Inc. now owns 41,053 shares of the real estate investment trust’s stock valued at $2,378,000 after buying an additional 8,918 shares during the period. Schroder Investment Management Group bought a new position in shares of DCT Industrial Trust during the third quarter worth approximately $694,000. State Board of Administration of Florida Retirement System increased its stake in shares of DCT Industrial Trust by 3.8% during the third quarter. State Board of Administration of Florida Retirement System now owns 103,258 shares of the real estate investment trust’s stock worth $5,981,000 after purchasing an additional 3,800 shares during the period. Chartwell Investment Partners LLC increased its stake in shares of DCT Industrial Trust by 36.4% during the third quarter. Chartwell Investment Partners LLC now owns 58,830 shares of the real estate investment trust’s stock worth $3,407,000 after purchasing an additional 15,690 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of DCT Industrial Trust by 7.7% during the third quarter. Legal & General Group Plc now owns 329,715 shares of the real estate investment trust’s stock worth $19,097,000 after purchasing an additional 23,479 shares during the period. Hedge funds and other institutional investors own 93.94% of the company’s stock.

DCT Industrial Trust Inc (NYSE DCT) opened at $55.18 on Thursday. DCT Industrial Trust Inc has a 52 week low of $45.47 and a 52 week high of $61.53. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.07 and a current ratio of 0.70. The company has a market capitalization of $5,152.96, a price-to-earnings ratio of 22.44, a price-to-earnings-growth ratio of 5.64 and a beta of 0.87.

DCT Industrial Trust (NYSE:DCT) last posted its quarterly earnings data on Thursday, February 1st. The real estate investment trust reported $0.24 EPS for the quarter, missing the Zacks’ consensus estimate of $0.62 by ($0.38). DCT Industrial Trust had a return on equity of 5.27% and a net margin of 24.34%. The company had revenue of $108.90 million for the quarter, compared to the consensus estimate of $106.66 million. During the same quarter last year, the business earned $0.59 EPS. DCT Industrial Trust’s revenue was up 6.6% on a year-over-year basis. equities analysts forecast that DCT Industrial Trust Inc will post 2.58 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 11th. Shareholders of record on Friday, March 30th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $1.44 dividend on an annualized basis and a yield of 2.61%. DCT Industrial Trust’s dividend payout ratio (DPR) is presently 129.73%.

A number of equities analysts have recently weighed in on DCT shares. BMO Capital Markets reiterated a “hold” rating and set a $60.00 target price on shares of DCT Industrial Trust in a research note on Tuesday, January 9th. JPMorgan Chase & Co. lowered DCT Industrial Trust from a “neutral” rating to an “underweight” rating and set a $58.00 target price on the stock. in a research note on Friday, December 15th. SunTrust Banks reiterated a “hold” rating and set a $56.00 target price on shares of DCT Industrial Trust in a research note on Tuesday, October 24th. Citigroup increased their target price on DCT Industrial Trust from $56.00 to $60.00 and gave the stock a “neutral” rating in a research note on Friday, November 10th. Finally, Jefferies Group reiterated a “hold” rating and set a $59.00 target price on shares of DCT Industrial Trust in a research note on Friday, November 24th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $59.20.

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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.

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

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