Ossiam Reduces Position in Digital Realty Trust, Inc. (NYSE:DLR)

Ossiam cut its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 30.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,108 shares of the real estate investment trust's stock after selling 6,286 shares during the period. Ossiam's holdings in Digital Realty Trust were worth $2,502,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sierra Ocean LLC bought a new position in Digital Realty Trust in the fourth quarter valued at about $29,000. FNY Investment Advisers LLC bought a new position in Digital Realty Trust in the 4th quarter valued at approximately $35,000. Fairway Wealth LLC acquired a new stake in Digital Realty Trust during the 4th quarter worth approximately $35,000. Versant Capital Management Inc grew its holdings 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 acquiring an additional 173 shares during the last quarter. Finally, Centricity Wealth Management LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at approximately $37,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Up 1.8 %

Digital Realty Trust stock traded up $2.74 during trading on Wednesday, hitting $151.63. 1,784,973 shares of the company were exchanged, compared to its average volume of 2,040,987. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The business's 50 day moving average is $150.66 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. The company has a market capitalization of $51.06 billion, a P/E ratio of 93.60, a PEG ratio of 4.38 and a beta of 0.92.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its earnings results 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%. Analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a $1.22 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.22%. Digital Realty Trust's dividend payout ratio is currently 301.23%.

Analysts Set New Price Targets

Several analysts recently weighed in on DLR shares. Wells Fargo & Company reduced their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $185.00 to $194.00 in a research note on Wednesday, January 15th. Citigroup decreased their target price on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Mizuho dropped their price target on shares of Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a research report on Friday, March 28th. Finally, UBS Group raised shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and upped their price objective for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Digital Realty Trust currently has a consensus rating of "Moderate Buy" and an average target price of $183.68.

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.