B. Metzler seel. Sohn & Co. AG Sells 17,704 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

B. Metzler seel. Sohn & Co. AG trimmed its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 39.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,096 shares of the real estate investment trust's stock after selling 17,704 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Digital Realty Trust were worth $4,804,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of DLR. Vanguard Group Inc. grew its stake in shares of Digital Realty Trust by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 51,453,186 shares of the real estate investment trust's stock worth $9,124,193,000 after acquiring an additional 469,823 shares during the period. Norges Bank bought a new position in Digital Realty Trust during the fourth quarter worth about $3,858,428,000. Principal Financial Group Inc. increased its stake in shares of Digital Realty Trust by 2.0% in the fourth quarter. Principal Financial Group Inc. now owns 3,950,237 shares of the real estate investment trust's stock worth $700,486,000 after purchasing an additional 79,322 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Digital Realty Trust by 3.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,632,752 shares of the real estate investment trust's stock valued at $644,196,000 after purchasing an additional 122,090 shares during the period. Finally, Alliancebernstein L.P. raised its position in shares of Digital Realty Trust by 91.7% in the fourth quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust's stock valued at $271,279,000 after purchasing an additional 731,690 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

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Digital Realty Trust Price Performance

DLR traded down $3.64 during trading on Friday, reaching $137.45. The stock had a trading volume of 3,800,290 shares, compared to its average volume of 1,998,828. The business has a 50-day moving average of $156.26 and a 200-day moving average of $169.28. Digital Realty Trust, Inc. has a one year low of $135.53 and a one year high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The stock has a market cap of $46.27 billion, a PE ratio of 84.85, a PEG ratio of 4.38 and a beta of 0.92.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings data 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 return on equity of 2.97% and a net margin of 10.85%. As a group, equities research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a $1.22 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.55%. Digital Realty Trust's dividend payout ratio (DPR) is 301.23%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on DLR shares. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a "hold" rating to a "buy" rating and lifted their price objective for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. StockNews.com cut Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. JPMorgan Chase & Co. increased their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Wells Fargo & Company cut their target price on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. Finally, Citizens Jmp upgraded Digital Realty Trust to a "strong-buy" rating in a research report on Monday, January 27th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $184.33.

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.