DCT Industrial Trust Inc (NYSE:DCT) Is A Stock That BMO Capital Seems to be Very Interested In

September 17, 2017 - By Winifred Garcia

 DCT Industrial Trust Inc (NYSE:DCT) Is A Stock That BMO Capital Seems to be Very Interested In

Investors sentiment increased to 1.87 in 2016 Q4. Its up 0.79, from 1.08 in 2016Q3. It increased, as 23 investors sold DCT Industrial Trust Inc shares while 52 reduced holdings. 39 funds opened positions while 101 raised stakes. 86.77 million shares or 0.74% less from 87.42 million shares in 2016Q3 were reported.

Keybank National Association Oh has 12,083 shares. Pggm Investments holds 0.22% or 914,667 shares. Renaissance Grp Limited Liability Corp accumulated 7,680 shares. Gateway Advisers Limited Liability reported 108,227 shares. Credit Suisse Ag reported 361,629 shares. New Mexico Educational Retirement Board has 0.03% invested in DCT Industrial Trust Inc (NYSE:DCT). Comerica National Bank owns 67,252 shares. Allianz Asset Mngmt Ag holds 125,668 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% in DCT Industrial Trust Inc (NYSE:DCT). Nationwide Fund Advsrs holds 247,381 shares or 0.05% of its portfolio. Moreover, Wolverine Asset Mgmt Lc has 0.01% invested in DCT Industrial Trust Inc (NYSE:DCT). Citigroup Inc has invested 0% in DCT Industrial Trust Inc (NYSE:DCT). Goldman Sachs Grp Inc holds 0.01% or 963,253 shares in its portfolio. Bnp Paribas Arbitrage Sa holds 0.01% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT) for 59,836 shares. Kempen Mgmt Nv has 0.13% invested in DCT Industrial Trust Inc (NYSE:DCT).

Since May 10, 2017, it had 0 buys, and 4 insider sales for $1.63 million activity. Pharris John V sold 2,800 shares worth $149,866. $70,831 worth of DCT Industrial Trust Inc (NYSE:DCT) shares were sold by Skomal Mark. 7,481 DCT Industrial Trust Inc (NYSE:DCT) shares with value of $395,726 were sold by Murphy Matthew T.

Why Has BMO Capital Given DCT Industrial Trust Inc (NYSE:DCT) a $55.0 Price Target

The firm BMO Capital has today initiated coverage on DCT Industrial Trust Inc (NYSE:DCT) shares, with a Hold rating, while setting the PT at $55.0.

Investors sentiment increased to 1.87 in 2016 Q4. Its up 0.79, from 1.08 in 2016Q3. It increased, as 23 investors sold DCT Industrial Trust Inc shares while 52 reduced holdings. 39 funds opened positions while 101 raised stakes. 86.77 million shares or 0.74% less from 87.42 million shares in 2016Q3 were reported.

Keybank National Association Oh has 12,083 shares. Pggm Investments holds 0.22% or 914,667 shares. Renaissance Grp Limited Liability Corp accumulated 7,680 shares. Gateway Advisers Limited Liability reported 108,227 shares. Credit Suisse Ag reported 361,629 shares. New Mexico Educational Retirement Board has 0.03% invested in DCT Industrial Trust Inc (NYSE:DCT). Comerica National Bank owns 67,252 shares. Allianz Asset Mngmt Ag holds 125,668 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% in DCT Industrial Trust Inc (NYSE:DCT). Nationwide Fund Advsrs holds 247,381 shares or 0.05% of its portfolio. Moreover, Wolverine Asset Mgmt Lc has 0.01% invested in DCT Industrial Trust Inc (NYSE:DCT). Citigroup Inc has invested 0% in DCT Industrial Trust Inc (NYSE:DCT). Goldman Sachs Grp Inc holds 0.01% or 963,253 shares in its portfolio. Bnp Paribas Arbitrage Sa holds 0.01% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT) for 59,836 shares. Kempen Mgmt Nv has 0.13% invested in DCT Industrial Trust Inc (NYSE:DCT).

Since May 10, 2017, it had 0 buys, and 4 insider sales for $1.63 million activity. Pharris John V sold 2,800 shares worth $149,866. $70,831 worth of DCT Industrial Trust Inc (NYSE:DCT) shares were sold by Skomal Mark. 7,481 DCT Industrial Trust Inc (NYSE:DCT) shares with value of $395,726 were sold by Murphy Matthew T.

DCT Industrial Trust Inc (NYSE:DCT) Ratings Coverage

Among 12 analysts covering DCT Industrial Trust (NYSE:DCT), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. DCT Industrial Trust has $61.0 highest and $36 lowest target. $45.83’s average target is -23.08% below currents $59.58 stock price. DCT Industrial Trust had 17 analyst reports since August 12, 2015 according to SRatingsIntel. On Wednesday, August 12 the stock rating was initiated by Cowen & Co with “Market Perform”. As per Monday, October 17, the company rating was upgraded by CapitalOne. The firm has “Neutral” rating given on Wednesday, September 28 by Mizuho. Jefferies initiated DCT Industrial Trust Inc (NYSE:DCT) on Friday, June 23 with “Hold” rating. The firm has “Neutral” rating given on Friday, February 5 by Credit Suisse. The rating was downgraded by TheStreet on Wednesday, September 2 to “Hold”. As per Monday, November 7, the company rating was maintained by Mizuho. On Tuesday, September 8 the stock rating was maintained by Evercore with “Buy”. The stock of DCT Industrial Trust Inc (NYSE:DCT) earned “Overweight” rating by Capital One on Wednesday, February 8. The stock has “Overweight” rating by CapitalOne on Wednesday, February 8.

The stock increased 0.03% or $0.02 on September 15, reaching $59.58. About 718,024 shares traded or 79.73% up from the average. DCT Industrial Trust Inc (NYSE:DCT) has risen 26.55% since September 17, 2016 and is uptrending. It has outperformed by 9.85% the S&P500.

Analysts expect DCT Industrial Trust Inc (NYSE:DCT) to report $0.60 EPS on November, 2.They anticipate $0.01 EPS change or 1.64 % from last quarter’s $0.61 EPS. DCT’s profit would be $55.89 million giving it 24.83 P/E if the $0.60 EPS is correct. After having $0.60 EPS previously, DCT Industrial Trust Inc’s analysts see 0.00 % EPS growth.

DCT Industrial Trust Inc. is an industrial real estate company. The company has market cap of $5.55 billion. The Firm 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. It has a 59.97 P/E ratio. The Firm operates through three divisions: East, Central and West.

More news for DCT Industrial Trust Inc (NYSE:DCT) were recently published by: Seekingalpha.com, which released: “DCT Industrial Trust’s (DCT) CEO Phil Hawkins on Q2 2017 Results – Earnings …” on August 04, 2017. Businesswire.com‘s article titled: “Teresa Corral Selected as One of Real Estate Forum’s 2017 Women of Influence” and published on September 12, 2017 is yet another important article.

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