DCT Industrial Trust Inc (DCT) Holdings Lifted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of DCT Industrial Trust Inc (NYSE:DCT) by 2.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,359,409 shares of the real estate investment trust’s stock after purchasing an additional 31,086 shares during the quarter. Dimensional Fund Advisors LP owned about 1.46% of DCT Industrial Trust worth $78,737,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of DCT. Principal Financial Group Inc. boosted its holdings in shares of DCT Industrial Trust by 207.4% in the 3rd quarter. Principal Financial Group Inc. now owns 1,357,508 shares of the real estate investment trust’s stock valued at $78,627,000 after acquiring an additional 915,856 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of DCT Industrial Trust by 37.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,574,329 shares of the real estate investment trust’s stock valued at $84,132,000 after acquiring an additional 428,218 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in shares of DCT Industrial Trust by 43.3% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 1,326,546 shares of the real estate investment trust’s stock valued at $76,834,000 after acquiring an additional 401,099 shares during the last quarter. American Century Companies Inc. purchased a new stake in shares of DCT Industrial Trust in the 3rd quarter valued at $15,878,000. Finally, Renaissance Technologies LLC boosted its holdings in shares of DCT Industrial Trust by 155.7% in the 2nd quarter. Renaissance Technologies LLC now owns 443,075 shares of the real estate investment trust’s stock valued at $23,678,000 after acquiring an additional 269,800 shares during the last quarter. Institutional investors and hedge funds own 95.13% of the company’s stock.

Several research firms have recently commented on DCT. JPMorgan Chase & Co. downgraded shares of DCT Industrial Trust from a “neutral” rating to an “underweight” rating and set a $58.00 price objective on the stock. in a report on Friday, December 15th. SunTrust Banks reaffirmed a “hold” rating on shares of DCT Industrial Trust in a report on Friday, December 1st. ValuEngine downgraded shares of DCT Industrial Trust from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research downgraded shares of DCT Industrial Trust from a “buy” rating to a “hold” rating in a report on Monday, November 27th. Finally, Jefferies Group reissued a “hold” rating and set a $59.00 price target on shares of DCT Industrial Trust in a report on Friday, November 24th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $58.50.

DCT Industrial Trust Inc (NYSE DCT) opened at $57.62 on Monday. The company has a current ratio of 0.87, a quick ratio of 1.07 and a debt-to-equity ratio of 0.84. The stock has a market cap of $5,360.00, a price-to-earnings ratio of 52.38, a price-to-earnings-growth ratio of 5.45 and a beta of 0.94. DCT Industrial Trust Inc has a twelve month low of $43.95 and a twelve month high of $61.53.

DCT Industrial Trust (NYSE:DCT) last posted its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.01. The business had revenue of $105.18 million for 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 company’s revenue was up 4.9% compared to the same quarter last year. During the same period last year, the firm posted $0.60 earnings per share. equities research analysts predict that DCT Industrial Trust Inc will post 2.44 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Friday, December 22nd will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.50%. This is a boost from DCT Industrial Trust’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Thursday, December 21st. DCT Industrial Trust’s dividend payout ratio is 130.91%.

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About DCT Industrial Trust

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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