Campbell & CO Investment Adviser LLC purchased a new stake in shares of DCT Industrial Trust Inc (NYSE:DCT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 4,040 shares of the real estate investment trust’s stock, valued at approximately $234,000.

Several other hedge funds have also added to or reduced their stakes in DCT. AQR Capital Management LLC raised its stake in shares of DCT Industrial Trust by 16.5% during the first quarter. AQR Capital Management LLC now owns 24,525 shares of the real estate investment trust’s stock valued at $1,180,000 after acquiring an additional 3,472 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of DCT Industrial Trust by 21.9% during the second quarter. Russell Investments Group Ltd. now owns 281,665 shares of the real estate investment trust’s stock valued at $15,049,000 after acquiring an additional 50,594 shares during the last quarter. ING Groep NV bought a new position in shares of DCT Industrial Trust during the second quarter valued at $598,000. Sumitomo Mitsui Asset Management Company LTD raised its stake in shares of DCT Industrial Trust by 30.3% during the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 12,277 shares of the real estate investment trust’s stock valued at $656,000 after acquiring an additional 2,858 shares during the last quarter. Finally, Great West Life Assurance Co. Can raised its stake in shares of DCT Industrial Trust by 3.0% during the second quarter. Great West Life Assurance Co. Can now owns 100,625 shares of the real estate investment trust’s stock valued at $5,375,000 after acquiring an additional 2,886 shares during the last quarter. 95.17% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently issued reports on DCT. SunTrust Banks reaffirmed a “hold” rating on shares of DCT Industrial Trust in a research note on Friday. ValuEngine downgraded shares of DCT Industrial Trust from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research downgraded shares of DCT Industrial Trust from a “buy” rating to a “hold” rating in a research note on Monday, November 27th. Jefferies Group reaffirmed a “hold” rating and set a $59.00 price target on shares of DCT Industrial Trust in a research note on Friday, November 24th. Finally, Citigroup raised their price target on shares of DCT Industrial Trust from $56.00 to $60.00 and gave the company a “neutral” rating in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $57.40.

DCT Industrial Trust Inc (NYSE:DCT) opened at $60.01 on Friday. DCT Industrial Trust Inc has a 52 week low of $43.95 and a 52 week high of $61.53. The firm has a market cap of $5,590.00, a price-to-earnings ratio of 24.95, a P/E/G ratio of 5.83 and a beta of 0.94. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.07 and a current ratio of 0.87.

DCT Industrial Trust (NYSE:DCT) last announced its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $105.96 million. During the same quarter last year, the firm earned $0.60 earnings per share. DCT Industrial Trust’s quarterly revenue was up 4.9% on a year-over-year basis. analysts expect that DCT Industrial Trust Inc will post 2.44 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Friday, December 22nd will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Thursday, December 21st. This is an increase from DCT Industrial Trust’s previous quarterly dividend of $0.31. DCT Industrial Trust’s dividend payout ratio (DPR) is currently 112.73%.

WARNING: “4,040 Shares in DCT Industrial Trust Inc (DCT) Purchased by Campbell & CO Investment Adviser LLC” was first posted by Daily Political and is owned by of Daily Political. If you are reading this piece on another publication, it was copied illegally and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/12/02/4040-shares-in-dct-industrial-trust-inc-dct-purchased-by-campbell-co-investment-adviser-llc.html.

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.

Want to see what other hedge funds are holding DCT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DCT Industrial Trust Inc (NYSE:DCT).

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

Receive News & Ratings for DCT Industrial Trust Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DCT Industrial Trust Inc and related companies with MarketBeat.com's FREE daily email newsletter.