DCT Industrial Trust Inc (DCT) Stake Decreased by Ladenburg Thalmann Financial Services Inc.

Ladenburg Thalmann Financial Services Inc. lowered its holdings in shares of DCT Industrial Trust Inc (NYSE:DCT) by 24.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,650 shares of the real estate investment trust’s stock after selling 1,841 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in DCT Industrial Trust were worth $327,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in DCT Industrial Trust by 0.7% in the second quarter. Vanguard Group Inc. now owns 14,465,962 shares of the real estate investment trust’s stock worth $773,062,000 after buying an additional 96,295 shares during the last quarter. Standard Life Investments LTD raised its holdings in DCT Industrial Trust by 18.6% in the second quarter. Standard Life Investments LTD now owns 1,538,501 shares of the real estate investment trust’s stock worth $82,209,000 after buying an additional 241,699 shares during the last quarter. PGGM Investments raised its holdings in DCT Industrial Trust by 2.0% in the third quarter. PGGM Investments now owns 1,408,000 shares of the real estate investment trust’s stock worth $81,551,000 after buying an additional 28,000 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in DCT Industrial Trust by 2.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,359,409 shares of the real estate investment trust’s stock worth $78,737,000 after buying an additional 31,086 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in DCT Industrial Trust by 207.4% in the third quarter. Principal Financial Group Inc. now owns 1,357,508 shares of the real estate investment trust’s stock worth $78,627,000 after buying an additional 915,856 shares during the last quarter. 95.13% of the stock is currently owned by institutional investors and hedge funds.

DCT Industrial Trust Inc (NYSE DCT) opened at $56.49 on Friday. The firm has a market cap of $5,260.00, a P/E ratio of 51.35, a price-to-earnings-growth ratio of 5.15 and a beta of 0.94. DCT Industrial Trust Inc has a 12-month low of $43.95 and a 12-month high of $61.53. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.87 and a quick ratio of 1.07.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Friday, December 22nd were given a dividend of $0.36 per share. This is a positive change from DCT Industrial Trust’s previous quarterly dividend of $0.31. The ex-dividend date was Thursday, December 21st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.55%. DCT Industrial Trust’s dividend payout ratio is currently 130.91%.

Several brokerages have issued reports on DCT. BMO Capital Markets reaffirmed a “hold” rating and issued a $60.00 target price on shares of DCT Industrial Trust in a report on Tuesday. Janney Montgomery Scott started coverage on shares of DCT Industrial Trust in a report on Friday, September 29th. They set a “neutral” rating and a $59.00 price objective for the company. Zacks Investment Research cut shares of DCT Industrial Trust from a “buy” rating to a “hold” rating in a report on Monday, November 27th. Jefferies Group reissued a “hold” rating and set a $57.00 price objective on shares of DCT Industrial Trust in a report on Tuesday, October 24th. Finally, SunTrust Banks reissued a “hold” rating and set a $56.00 price objective on shares of DCT Industrial Trust in a report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company. DCT Industrial Trust has a consensus rating of “Hold” and an average price target of $58.40.

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DCT Industrial Trust 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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