Marshall Wace LLP Sells 19,741 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Marshall Wace LLP reduced its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 52.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,860 shares of the real estate investment trust's stock after selling 19,741 shares during the quarter. Marshall Wace LLP's holdings in Digital Realty Trust were worth $3,167,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Digital Realty Trust by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 51,453,186 shares of the real estate investment trust's stock valued at $9,124,193,000 after buying an additional 469,823 shares during the period. Norges Bank acquired a new stake in Digital Realty Trust in the fourth quarter valued at $3,858,428,000. Geode Capital Management LLC increased its holdings in Digital Realty Trust by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 8,527,649 shares of the real estate investment trust's stock valued at $1,508,612,000 after purchasing an additional 281,704 shares during the period. Principal Financial Group Inc. increased its holdings in 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 valued at $700,486,000 after purchasing an additional 79,322 shares during the period. Finally, Invesco Ltd. increased its holdings in Digital Realty Trust by 18.4% in the fourth quarter. Invesco Ltd. now owns 3,905,883 shares of the real estate investment trust's stock valued at $692,630,000 after purchasing an additional 607,132 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock traded down $0.42 during trading on Tuesday, hitting $159.93. 1,624,754 shares of the stock traded hands, compared to its average volume of 2,048,534. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The stock has a market cap of $53.86 billion, a price-to-earnings ratio of 98.72, a PEG ratio of 4.38 and a beta of 0.92. The firm's fifty day moving average is $149.92 and its 200-day moving average is $167.72. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share for the quarter, beating analysts' consensus estimates of $1.73 by $0.04. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the firm posted $1.67 earnings per share. The business's quarterly revenue was up 5.7% compared to the same quarter last year. Research analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.05%. Digital Realty Trust's dividend payout ratio is currently 456.07%.

Wall Street Analysts Forecast Growth

DLR has been the subject of a number of recent research reports. Scotiabank decreased their price objective on Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating for the company in a report on Tuesday, April 22nd. New Street Research raised Digital Realty Trust to a "hold" rating in a research report on Monday. Citizens Jmp upgraded Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. StockNews.com cut Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a $193.00 price target (up previously from $190.00) on shares of Digital Realty Trust in a research report on Friday. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $183.05.

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.