KBW Maintains Outperform on DCT Industrial Trust (DCT)

KBW is out with its report today on DCT Industrial Trust

, maintaining Outperform. In a note to clients, KBW writes, "Ex-$0.02 of charges, DCT reported Q4 FFO/share of $0.10, $0.01 ahead of our estimate & in line w/consensus. Strong leasing over past few quarters still not fully impacting metrics. DCT maintained 2011 guidance of $0.33-$0.38. Biggest take away is that it appears the industrial sector & DCT occupancy bottomed in 2010, and is poised for improvement." KBW has a $6 PT on DCT. At the time of posting, shares of DCT were trading at $5.47, down 0.36% from Wednesday's close.