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

September 17, 2017 - By Nellie Frank

 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 Q4 2016. Its up 0.79, from 1.08 in 2016Q3. It is positive, 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.

Honeywell has 0.06% invested in DCT Industrial Trust Inc (NYSE:DCT) for 38,500 shares. Qs Investors Ltd Liability Corp has invested 0% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT). Boston Advsr Lc owns 135,654 shares. Commonwealth Equity Inc holds 30,770 shares or 0.01% of its portfolio. Credit Agricole S A reported 80,185 shares stake. Ameriprise has invested 0.01% in DCT Industrial Trust Inc (NYSE:DCT). Cadence Management Ltd Llc accumulated 6,003 shares. Arizona State Retirement Systems reported 0.02% stake. Rafferty Asset Limited Liability reported 4,526 shares. Pggm Invests holds 0.22% or 914,667 shares in its portfolio. Nationwide Fund Advisors has invested 0.05% in DCT Industrial Trust Inc (NYSE:DCT). Ubs Asset Management Americas reported 0.01% stake. Standard Life Invests Limited has invested 0.3% in DCT Industrial Trust Inc (NYSE:DCT). Federated Invsts Pa reported 0.01% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT). First Advsr L P reported 58,688 shares.

Since May 10, 2017, it had 0 insider purchases, and 4 insider sales for $1.63 million activity. HAWKINS PHILIP L had sold 19,731 shares worth $1.01M on Wednesday, May 10. Murphy Matthew T had sold 7,481 shares worth $395,726. Shares for $70,831 were sold by Skomal Mark.

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

In a report sent to investors and clients today, BMO Capital analysts has begun DCT Industrial Trust Inc (NYSE:DCT) coverage with “Hold” rating, and a $55.0 target.

Investors sentiment increased to 1.87 in Q4 2016. Its up 0.79, from 1.08 in 2016Q3. It is positive, 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.

Honeywell has 0.06% invested in DCT Industrial Trust Inc (NYSE:DCT) for 38,500 shares. Qs Investors Ltd Liability Corp has invested 0% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT). Boston Advsr Lc owns 135,654 shares. Commonwealth Equity Inc holds 30,770 shares or 0.01% of its portfolio. Credit Agricole S A reported 80,185 shares stake. Ameriprise has invested 0.01% in DCT Industrial Trust Inc (NYSE:DCT). Cadence Management Ltd Llc accumulated 6,003 shares. Arizona State Retirement Systems reported 0.02% stake. Rafferty Asset Limited Liability reported 4,526 shares. Pggm Invests holds 0.22% or 914,667 shares in its portfolio. Nationwide Fund Advisors has invested 0.05% in DCT Industrial Trust Inc (NYSE:DCT). Ubs Asset Management Americas reported 0.01% stake. Standard Life Invests Limited has invested 0.3% in DCT Industrial Trust Inc (NYSE:DCT). Federated Invsts Pa reported 0.01% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT). First Advsr L P reported 58,688 shares.

Since May 10, 2017, it had 0 insider purchases, and 4 insider sales for $1.63 million activity. HAWKINS PHILIP L had sold 19,731 shares worth $1.01M on Wednesday, May 10. Murphy Matthew T had sold 7,481 shares worth $395,726. Shares for $70,831 were sold by Skomal Mark.

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 Friday, December 16 the stock rating was downgraded by JP Morgan to “Neutral”. Mizuho initiated the shares of DCT in report on Wednesday, September 28 with “Neutral” rating. The firm earned “Equal Weight” rating on Monday, October 17 by CapitalOne. The stock has “Hold” rating by TheStreet on Wednesday, September 2. The firm earned “Underperform” rating on Friday, December 11 by Credit Suisse. The firm has “Neutral” rating by BTIG Research given on Thursday, August 25. Evercore maintained the stock with “Buy” rating in Tuesday, September 8 report. The stock of DCT Industrial Trust Inc (NYSE:DCT) has “Overweight” rating given on Wednesday, February 8 by Capital One. Mizuho maintained DCT Industrial Trust Inc (NYSE:DCT) on Monday, November 7 with “Neutral” rating. The stock of DCT Industrial Trust Inc (NYSE:DCT) has “Overweight” rating given on Monday, September 14 by KeyBanc Capital Markets.

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 await DCT Industrial Trust Inc (NYSE:DCT) to report earnings on November, 2. They expect $0.60 earnings per share, down 1.64 % or $0.01 from last year’s $0.61 per share. DCT’s profit will be $55.89 million for 24.83 P/E if the $0.60 EPS becomes a reality. After $0.60 actual earnings per share reported by DCT Industrial Trust Inc for the previous quarter, Wall Street now forecasts 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: Businesswire.com, which released: “Teresa Corral Selected as One of Real Estate Forum’s 2017 Women of Influence” on September 12, 2017. Seekingalpha.com‘s article titled: “DCT Industrial Trust’s (DCT) CEO Phil Hawkins on Q2 2017 Results – Earnings …” and published on August 04, 2017 is yet another important article.

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