Boston Common Asset Management LLC Has $10.81 Million Position in Digital Realty Trust, Inc. (NYSE:DLR)

Boston Common Asset Management LLC lessened its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 8.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,929 shares of the real estate investment trust's stock after selling 5,926 shares during the quarter. Boston Common Asset Management LLC's holdings in Digital Realty Trust were worth $10,805,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Clear Creek Financial Management LLC boosted its stake in shares of Digital Realty Trust by 1.6% during the 3rd quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust's stock worth $621,000 after buying an additional 59 shares during the last quarter. OneDigital Investment Advisors LLC boosted its position in Digital Realty Trust by 3.2% during the third quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust's stock valued at $305,000 after purchasing an additional 59 shares during the last quarter. Trueblood Wealth Management LLC grew its stake in Digital Realty Trust by 3.1% in the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust's stock valued at $334,000 after purchasing an additional 61 shares in the last quarter. Stolper Co increased its position in shares of Digital Realty Trust by 0.5% during the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust's stock worth $2,243,000 after purchasing an additional 64 shares during the last quarter. Finally, GHP Investment Advisors Inc. raised its stake in shares of Digital Realty Trust by 14.3% during the 3rd quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust's stock worth $85,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Insider Buying and Selling

In related news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.17% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DLR. Royal Bank of Canada boosted their target price on shares of Digital Realty Trust from $177.00 to $207.00 and gave the stock an "outperform" rating in a report on Monday, October 28th. Evercore ISI boosted their price objective on shares of Digital Realty Trust from $160.00 to $175.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 23rd. Raymond James raised their target price on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a "strong-buy" rating in a research note on Friday, October 25th. Hsbc Global Res raised Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a research report on Friday, October 4th. Finally, TD Cowen lifted their target price on Digital Realty Trust from $120.00 to $128.00 and gave the stock a "hold" rating in a research note on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $177.32.

Digital Realty Trust Price Performance

Shares of DLR traded down $1.57 during trading hours on Friday, hitting $178.54. 1,639,412 shares of the company were exchanged, compared to its average volume of 1,512,392. The company has a market cap of $59.22 billion, a price-to-earnings ratio of 150.03, a P/E/G ratio of 4.35 and a beta of 0.64. The firm's fifty day moving average is $183.19 and its 200 day moving average is $166.69. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.58). The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. Digital Realty Trust's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.62 earnings per share. On average, equities analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were paid a $1.22 dividend. The ex-dividend date was Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.73%. Digital Realty Trust's payout ratio is 410.08%.

Digital Realty Trust Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.