Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Foresight Group Ltd Liability Partnership

Foresight Group Ltd Liability Partnership lowered its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 23.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 125,709 shares of the real estate investment trust's stock after selling 37,512 shares during the quarter. Digital Realty Trust comprises about 13.3% of Foresight Group Ltd Liability Partnership's portfolio, making the stock its 3rd biggest holding. Foresight Group Ltd Liability Partnership's holdings in Digital Realty Trust were worth $22,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Adirondack Trust Co. raised its holdings in shares of Digital Realty Trust by 68.6% in the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust's stock valued at $32,000 after buying an additional 81 shares during the period. FNY Investment Advisers LLC purchased a new stake in Digital Realty Trust during the fourth quarter worth about $35,000. Versant Capital Management Inc increased its stake in Digital Realty Trust by 480.6% during the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 173 shares during the period. Future Financial Wealth Managment LLC purchased a new position in shares of Digital Realty Trust in the third quarter valued at approximately $38,000. Finally, First Financial Corp IN acquired a new position in shares of Digital Realty Trust in the fourth quarter valued at approximately $42,000. Hedge funds and other institutional investors own 99.71% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on DLR. Truist Financial raised their price target on shares of Digital Realty Trust from $168.00 to $202.00 and gave the company a "buy" rating in a research report on Tuesday, November 12th. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and lifted their target price for the company from $185.00 to $194.00 in a report on Wednesday. Royal Bank of Canada upped their price target on Digital Realty Trust from $177.00 to $207.00 and gave the stock an "outperform" rating in a report on Monday, October 28th. Barclays lifted their price objective on Digital Realty Trust from $135.00 to $142.00 and gave the company an "underweight" rating in a research note on Monday, November 18th. Finally, Hsbc Global Res upgraded shares of Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a research note on Friday, October 4th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $177.32.

Insider Buying and Selling at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the company's 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 legal filing with the SEC, which can be accessed through the SEC website. 0.17% of the stock is currently owned by corporate insiders.

Digital Realty Trust Stock Performance

DLR traded down $1.57 during trading on Friday, hitting $178.54. 1,639,412 shares of the stock were exchanged, compared to its average volume of 1,512,392. The firm has a market capitalization of $59.22 billion, a P/E ratio of 150.03, a PEG ratio of 4.35 and a beta of 0.64. Digital Realty Trust, Inc. has a 1-year low of $131.42 and a 1-year high of $198.00. The stock has a fifty day moving average price of $183.26 and a two-hundred day moving average price of $166.51. 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 released its quarterly 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 business had revenue of $1.43 billion during the quarter, compared to analysts' expectations of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.62 EPS. As a group, sell-side analysts predict that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

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

Digital Realty Trust Company 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.