Stock Short Interest Filing: What’s in Dct Industrial Trust Incorporated (NYSE:DCT) After Decline in Shorted Shares?

December 1, 2016 - By Vivian Park   ·   0 Comments

Stock Short Interest Filing: What’s in Dct Industrial Trust Incorporated (NYSE:DCT) After Decline in Shorted Shares?

The stock of Dct Industrial Trust Incorporated (NYSE:DCT) registered a decrease of 20.64% in short interest. DCT’s total short interest was 1.99 million shares in December as published by FINRA. Its down 20.64% from 2.51 million shares, reported previously. With 438,700 shares average volume, it will take short sellers 5 days to cover their DCT’s short positions. The short interest to Dct Industrial Trust Incorporated’s float is 2.22%. The stock decreased 0.88% or $0.41 during the last trading session, hitting $45.95. DCT Industrial Trust Inc (NYSE:DCT) has risen 13.15% since April 28, 2016 and is uptrending. It has outperformed by 7.22% the S&P500.

DCT Industrial Trust Inc. is an industrial real estate company. The company has a market cap of $4.26 billion. The Firm is engaged in the acquisition, development, leasing and management of bulk distribution and light industrial properties located in distribution markets in the United States. It has a 36.86 P/E ratio. The Firm operates in three divisions: East, Central and West.

Insitutional Activity: The institutional sentiment decreased to 1.08 in Q2 2016. Its down 0.32, from 1.4 in 2016Q1. The ratio dived, as 21 funds sold all DCT Industrial Trust Inc shares owned while 67 reduced positions. 60 funds bought stakes while 63 increased positions. They now own 87.98 million shares or 0.71% more from 87.36 million shares in 2016Q1.
Invesco holds 3.57 million shares or 0.06% of its portfolio. Apg Asset Us Incorporated accumulated 1.22% or 3.24M shares. Amica Pension Fund Board Of Trustees accumulated 0.04% or 6,800 shares. Qcm Cayman Limited last reported 4,759 shares in the company. Quantitative Systematic Strategies has 5,241 shares for 0.12% of their US portfolio. Moreover, State Street has 0.02% invested in DCT Industrial Trust Inc (NYSE:DCT) for 3.86 million shares. Fmr Ltd last reported 13.49M shares in the company. Great West Life Assurance Can holds 0% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT) for 8,835 shares. Ibm Retirement Fund holds 9,094 shares or 0.02% of its portfolio. Us Savings Bank De has invested 0% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT). The Pennsylvania-based Nationwide Fund Advisors has invested 0.06% in DCT Industrial Trust Inc (NYSE:DCT). Landscape Cap Mngmt Ltd Liability has 57,400 shares for 0.36% of their US portfolio. The California-based Wells Fargo & Mn has invested 0% in DCT Industrial Trust Inc (NYSE:DCT). Cbre Clarion Secs Ltd Liability last reported 4.34 million shares in the company. Nomura Asset Mngmt Company Limited accumulated 63,310 shares or 0.06% of the stock.

Insider Transactions: Since June 9, 2016, the stock had 0 insider purchases, and 1 sale for $102,625 net activity. OKeeffe John C sold 2,250 shares worth $102,625.

DCT Industrial Trust Inc (NYSE:DCT) Ratings Coverage

Out of 9 analysts covering DCT Industrial Trust (NYSE:DCT), 1 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 11% are positive. DCT Industrial Trust has been the topic of 12 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Mizuho maintained the shares of DCT in a report on Monday, November 7 with “Neutral” rating. Cowen & Co initiated DCT Industrial Trust Inc (NYSE:DCT) on Wednesday, August 12 with “Market Perform” rating. The firm has “Hold” rating given on Monday, May 23 by Evercore. The rating was upgraded by CapitalOne to “Equal Weight” on Monday, October 17. Evercore maintained the shares of DCT in a report on Tuesday, September 8 with “Buy” rating. The stock of DCT Industrial Trust Inc (NYSE:DCT) has “Underperform” rating given on Friday, December 11 by Credit Suisse. The firm has “Overweight” rating given on Monday, September 14 by KeyBanc Capital Markets. The company was initiated on Thursday, August 25 by BTIG Research. Credit Suisse upgraded the stock to “Neutral” rating in Friday, February 5 report. Mizuho initiated the stock with “Neutral” rating in Wednesday, September 28 report.

DCT Company Profile

DCT Industrial Trust Inc. (DCT), incorporated on April 12, 2002, is an industrial real estate company. The Firm is engaged in the acquisition, development, leasing and management of bulk distribution and light industrial properties located in distribution markets in the United States. The Firm operates in three divisions: East, Central and West. The Firm conducts its business through an owned and controlled subsidiary, DCT Industrial Operating Partnership LP (Operating Partnership). The Firm owns its properties through the Operating Partnership and its subsidiaries. DCT owns approximately 95.6% of the equity interests in the Operating Partnership. The Company’s Projects include DCT Fairburn, DCT Downs Park Building A, DCT Downs Park Building B, DCT Central Avenue, DCT Stockyards Industrial Center, DCT North Avenue Distribution Center, DCT O’Hare Logistics Center, DCT Waters Ridge, DCT Freeport West, DCT Northwest Crossroads Logistics Center II, DCT Fife 45 North and DCT Jurupa Ranch.

More notable recent DCT Industrial Trust Inc (NYSE:DCT) news were published by: Zacks.com which released: “Why DCT Industrial Trust (DCT) is a Promising Bet Right Now” on November 28, 2016, also Nasdaq.com with their article: “DCT Industrial Trust Becomes Oversold” published on November 11, 2016, Reuters.com published: “BRIEF-DCT Industrial Trust appoints Tobias Hartmann to its board” on October 18, 2016. More interesting news about DCT Industrial Trust Inc (NYSE:DCT) were released by: Streetinsider.com and their article: “S&P Upgrades DCT Industrial Trust (DCT) to ‘BBB’; Outlook is Stable” published on November 22, 2016 as well as Businesswire.com‘s news article titled: “DCT Industrial Trust’s Justin Bennett Selected as One of Real Esate Forum’s …” with publication date: October 20, 2016.

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By Vivian Park


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