Aviva PLC Sells 65,910 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Aviva PLC reduced its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 16.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 326,058 shares of the real estate investment trust's stock after selling 65,910 shares during the period. Aviva PLC owned about 0.10% of Digital Realty Trust worth $57,820,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sierra Ocean LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at approximately $29,000. FNY Investment Advisers LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter worth $35,000. Fairway Wealth LLC acquired a new stake in Digital Realty Trust in the fourth quarter valued at $35,000. Versant Capital Management Inc raised its position in Digital Realty Trust by 480.6% during the 4th 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 last quarter. Finally, Centricity Wealth Management LLC acquired a new position in Digital Realty Trust during the 4th quarter worth about $37,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Stock Up 0.0 %

Shares of NYSE DLR traded up $0.03 during trading on Friday, hitting $142.32. The stock had a trading volume of 449,091 shares, compared to its average volume of 2,021,962. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The firm has a fifty day moving average of $153.53 and a two-hundred day moving average of $168.40. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00. The company has a market capitalization of $47.91 billion, a PE ratio of 87.85, a PEG ratio of 4.38 and a beta of 0.92.

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

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust's dividend payout ratio is presently 301.23%.

Wall Street Analyst Weigh In

DLR has been the topic of several analyst reports. StockNews.com cut Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 22nd. JPMorgan Chase & Co. upped their price target on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. UBS Group raised Digital Realty Trust from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Wells Fargo & Company lowered their target price on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Finally, Scotiabank raised shares of Digital Realty Trust from a "sector perform" rating to a "sector outperform" rating and set a $208.00 target price on the stock in a research note on Tuesday, February 18th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $184.33.

Digital Realty Trust 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.