Apg Asset Management Us Has Lowered Dct Industrial Trust (DCT) Position By $27.27 Million; Franklin Resources, Inc. (BEN) Had 1 Bulls

June 19, 2017 - By Louis Casey

Among 15 analysts covering Franklin Resources Inc. (NYSE:BEN), 1 have Buy rating, 4 Sell and 10 Hold. Therefore 7% are positive. Franklin Resources Inc. had 73 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Tuesday, August 11 by Barclays Capital. As per Thursday, September 3, the company rating was maintained by Susquehanna. The firm earned “Hold” rating on Friday, February 24 by Deutsche Bank. Deutsche Bank maintained it with “Hold” rating and $36.0 target in Friday, January 8 report. On Friday, September 9 the stock rating was maintained by Deutsche Bank with “Hold”. The stock has “Underweight” rating by Barclays Capital on Thursday, June 9. JP Morgan maintained the stock with “Neutral” rating in Thursday, April 7 report. As per Friday, July 29, the company rating was maintained by Keefe Bruyette & Woods. The stock has “Neutral” rating by Citigroup on Thursday, September 10. Deutsche Bank maintained Franklin Resources, Inc. (NYSE:BEN) on Wednesday, October 5 with “Hold” rating. See Franklin Resources, Inc. (NYSE:BEN) latest ratings:

09/06/2017 Broker: Citigroup Rating: Neutral Old Target: $42.00 New Target: $43.00 Maintain
01/06/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $47.0000 Maintain
07/04/2017 Broker: Deutsche Bank Rating: Hold Old Target: $41.00 New Target: $42.00 Target Up
17/03/2017 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Underweight Downgrade
16/03/2017 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade
24/02/2017 Broker: Deutsche Bank Old Rating: Sell New Rating: Hold Old Target: $37 New Target: $41 Upgrade

Apg Asset Management Us Inc decreased Dct Industrial Trust Inc (DCT) stake by 17.91% reported in 2016Q4 SEC filing. Apg Asset Management Us Inc sold 580,227 shares as Dct Industrial Trust Inc (DCT)’s stock rose 11.50%. The Apg Asset Management Us Inc holds 2.66M shares with $127.34M value, down from 3.24M last quarter. Dct Industrial Trust Inc now has $4.99 billion valuation. It closed at $54.75 lastly. It is down 26.55% since June 19, 2016 and is uptrending. It has outperformed by 9.85% the S&P500.

Since February 27, 2017, it had 0 insider purchases, and 5 selling transactions for $2.67 million activity. Shares for $1.01M were sold by HAWKINS PHILIP L on Wednesday, May 10. Pharris John V also sold $149,866 worth of DCT Industrial Trust Inc (NYSE:DCT) on Wednesday, June 7. Skomal Mark had sold 1,320 shares worth $70,831 on Monday, June 5. Murphy Matthew T had sold 7,481 shares worth $395,726 on Thursday, June 1.

Among 11 analysts covering DCT Industrial Trust (NYSE:DCT), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. DCT Industrial Trust had 15 analyst reports since August 12, 2015 according to SRatingsIntel. Capital One upgraded DCT Industrial Trust Inc (NYSE:DCT) on Wednesday, February 8 to “Overweight” rating. The firm has “Overweight” rating by KeyBanc Capital Markets given on Monday, September 14. Evercore maintained DCT Industrial Trust Inc (NYSE:DCT) rating on Tuesday, September 8. Evercore has “Buy” rating and $36 target. The stock of DCT Industrial Trust Inc (NYSE:DCT) earned “Hold” rating by Evercore on Monday, May 23. Credit Suisse upgraded the stock to “Neutral” rating in Friday, February 5 report. Cowen & Co initiated DCT Industrial Trust Inc (NYSE:DCT) rating on Wednesday, August 12. Cowen & Co has “Market Perform” rating and $37 target. CapitalOne upgraded DCT Industrial Trust Inc (NYSE:DCT) on Wednesday, February 8 to “Overweight” rating. The firm has “Neutral” rating given on Friday, December 16 by JP Morgan. BTIG Research initiated DCT Industrial Trust Inc (NYSE:DCT) on Thursday, August 25 with “Neutral” rating. The stock of DCT Industrial Trust Inc (NYSE:DCT) has “Underperform” rating given on Friday, December 11 by Credit Suisse.

Apg Asset Management Us Inc increased Vereit Inc stake by 353,848 shares to 5.05M valued at $42.70 million in 2016Q4. It also upped Simon Ppty Group Inc New (NYSE:SPG) stake by 10,734 shares and now owns 6.95 million shares. Duke Realty Corp (NYSE:DRE) was raised too.

Investors sentiment increased to 1.87 in 2016 Q4. Its up 0.79, from 1.08 in 2016Q3. It is positive, as 23 investors sold DCT 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. Hsbc Holding Public Limited Company holds 0.07% or 605,935 shares. 641 are held by Alpha Windward Limited. Advisors Asset reported 0% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT). Northern Tru Corp owns 1.23 million shares or 0.02% of their US portfolio. Advantus Capital Management Inc holds 0.01% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT) for 11,313 shares. Moreover, Blackrock Fund Advsr has 0.03% invested in DCT Industrial Trust Inc (NYSE:DCT) for 3.96 million shares. Da Davidson & holds 1,005 shares. Picton Mahoney Asset Mngmt reported 33,900 shares. Etrade Cap Limited Liability invested in 17,597 shares. State Street has invested 0.02% of its portfolio in DCT Industrial Trust Inc (NYSE:DCT). Deutsche State Bank Ag holds 0% or 54,260 shares. Citadel Advsrs Ltd Liability Corporation holds 0.01% or 168,131 shares. Great West Life Assurance Can holds 0.01% in DCT Industrial Trust Inc (NYSE:DCT) or 94,381 shares. Sii Invests Inc Wi invested 0.04% in DCT Industrial Trust Inc (NYSE:DCT). Independent Order Of Foresters invested 0.07% in DCT Industrial Trust Inc (NYSE:DCT).

Investors sentiment increased to 0.88 in 2016 Q4. Its up 0.15, from 0.73 in 2016Q3. It is positive, as 47 investors sold Franklin Resources, Inc. shares while 188 reduced holdings. 70 funds opened positions while 137 raised stakes. 253.61 million shares or 3.60% less from 263.09 million shares in 2016Q3 were reported. Farmers & Merchants invested in 495 shares. Parallax Volatility Advisers L P has invested 0% in Franklin Resources, Inc. (NYSE:BEN). Andra Ap has invested 0.07% in Franklin Resources, Inc. (NYSE:BEN). 58,580 are held by Vident Investment Advisory Ltd Liability Corporation. Dnb Asset Management As has 0% invested in Franklin Resources, Inc. (NYSE:BEN) for 42,325 shares. Cornerstone Cap Mngmt Hldg Ltd Limited Liability Company owns 106,940 shares for 0.03% of their portfolio. Liberty Mutual Gp Asset Management has invested 0.04% of its portfolio in Franklin Resources, Inc. (NYSE:BEN). Citigroup owns 552,275 shares. Ny State Teachers Retirement Systems owns 526,688 shares or 0.05% of their US portfolio. Apg Asset Mgmt Nv owns 0.15% invested in Franklin Resources, Inc. (NYSE:BEN) for 2.08M shares. Jpmorgan Chase & owns 65,374 shares for 0% of their portfolio. Earnest Partners Lc owns 174 shares for 0% of their portfolio. Seaward Mgmt L P invested in 0.12% or 56,782 shares. Lombard Odier Asset Management (Europe) Ltd holds 5,494 shares. United Kingdom-based Gulf Int Bancorporation (Uk) Ltd has invested 0.07% in Franklin Resources, Inc. (NYSE:BEN).

It closed at $44.13 lastly. It is down 19.40% since June 19, 2016 and is uptrending. It has outperformed by 2.70% the S&P500.

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