Andra AP fonden Decreases Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Andra AP fonden lessened its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 86.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,500 shares of the real estate investment trust's stock after selling 56,100 shares during the period. Andra AP fonden's holdings in Digital Realty Trust were worth $1,507,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Private Advisor Group LLC lifted its position in shares of Digital Realty Trust by 4.1% in the 4th quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust's stock worth $2,400,000 after purchasing an additional 527 shares during the period. AEGON ASSET MANAGEMENT UK Plc lifted its position in Digital Realty Trust by 17.7% during the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust's stock valued at $11,768,000 after acquiring an additional 9,959 shares during the last quarter. Capital Investment Advisors LLC lifted its position in Digital Realty Trust by 26.4% during the fourth quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust's stock valued at $9,682,000 after acquiring an additional 11,405 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position in Digital Realty Trust by 6.4% during the third quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust's stock valued at $61,643,000 after acquiring an additional 23,028 shares during the last quarter. Finally, Cumberland Partners Ltd lifted its position in Digital Realty Trust by 207.3% during the third quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust's stock valued at $7,540,000 after acquiring an additional 31,430 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

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Digital Realty Trust Stock Performance

Shares of NYSE:DLR traded down $3.67 during midday trading on Monday, reaching $145.50. The company's stock had a trading volume of 2,902,728 shares, compared to its average volume of 2,484,951. The firm has a market capitalization of $48.98 billion, a PE ratio of 89.82, a P/E/G ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00. The stock has a fifty day moving average of $168.64 and a 200 day moving average of $170.15. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. On average, equities analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $1.22 per share. The ex-dividend date is Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.35%. Digital Realty Trust's dividend payout ratio is presently 301.23%.

Analyst Ratings Changes

A number of equities research analysts recently commented on DLR shares. Wells Fargo & Company decreased their target price on shares of Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Barclays increased their target price on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an "underweight" rating in a research report on Monday, November 18th. Truist Financial decreased their target price on shares of Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating for the company in a research report on Monday. Stifel Nicolaus increased their target price on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. Finally, Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a "hold" rating to a "buy" rating and raised their price target for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $180.11.

Insider Activity at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.17% of the stock is owned by company insiders.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.