Dct Industrial Trust Inc. (DCT): John C Okeeffe , director of Dct Industrial Trust Inc. sold 2,250 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $45.61 per share for a total value of $102,625.20 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 20, 2016, Mark Skomal (Chief Accounting Officer) sold 1,200 shares at $42.00 per share price.On May 13, 2016, Neil Doyle (Managing Director) sold 15,000 shares at $42.52 per share price.Also, On May 11, 2016, John V Pharris (Managing Director) sold 5,807 shares at $43.09 per share price.On Mar 15, 2016, Teresa Corral (Executive Vice President) sold 1,419 shares at $38.01 per share price.
DCT Industrial Trust Inc: On Friday, Jun 10, 2016 heightened volatility was witnessed in DCT Industrial Trust Inc which led to swings in the share price. The shares opened for trading at $45.41 and hit $45.92 on the upside , eventually ending the session at $45.68, with a gain of 0.15% or 0.07 points. The heightened volatility saw the trading volume jump to 4,71,747 shares. The 52-week high of the share price is $45.92 and the company has a market cap of $4,108 M . The 52-week low of the share price is at $31.08.
Company has been under the radar of several Street Analysts.DCT Industrial Trust Inc is Downgraded by CapitalOne to Equal Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on May 18, 2016.DCT Industrial Trust Inc is Initiated by Raymond James to Outperform and the brokerage firm has set the Price Target at $43. The Rating was issued on Apr 22, 2016.DCT Industrial Trust Inc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 43 from a previous price target of $40 .The Rating was issued on Apr 15, 2016.
DCT Industrial Trust Inc. is an industrial real estate company. The Company specializes in the acquisition development leasing and management of bulk distribution and light industrial properties located in high-volume distribution markets in the United States. It conducts its business through a majority owned and controlled subsidiary DCT Industrial Operating Partnership LP. The Company operates in three segments: East Central and West. Its portfolio primarily consists of bulk distribution warehouses and light industrial properties. The Company holds interests in around 72.3 million square feet of properties which include approximately 62.0 million square feet comprising 393 consolidated operating properties; around 8.1 million square feet comprising 24 unconsolidated properties; approximately 0.8 million square feet comprising six consolidated properties under redevelopment and around 1.4 million square feet comprising seven consolidated buildings which are in lease-up.