Digital Realty Trust, Inc. (NYSE:DLR) Stock Holdings Cut by Pensionfund DSM Netherlands

Pensionfund DSM Netherlands trimmed its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 20.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,919 shares of the real estate investment trust's stock after selling 12,000 shares during the period. Digital Realty Trust makes up 5.2% of Pensionfund DSM Netherlands' portfolio, making the stock its 3rd biggest position. Pensionfund DSM Netherlands' holdings in Digital Realty Trust were worth $8,320,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TD Asset Management Inc raised its position in shares of Digital Realty Trust by 9.0% in the 2nd quarter. TD Asset Management Inc now owns 118,356 shares of the real estate investment trust's stock valued at $17,996,000 after purchasing an additional 9,760 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Digital Realty Trust by 39.6% during the 2nd quarter. Victory Capital Management Inc. now owns 140,270 shares of the real estate investment trust's stock worth $21,328,000 after acquiring an additional 39,793 shares in the last quarter. New York Life Investment Management LLC increased its position in shares of Digital Realty Trust by 1.5% in the 2nd quarter. New York Life Investment Management LLC now owns 92,096 shares of the real estate investment trust's stock worth $14,003,000 after purchasing an additional 1,340 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Digital Realty Trust by 30.3% in the 2nd quarter. Private Advisor Group LLC now owns 11,979 shares of the real estate investment trust's stock valued at $1,822,000 after purchasing an additional 2,785 shares in the last quarter. Finally, Candriam S.C.A. lifted its position in shares of Digital Realty Trust by 12.0% during the second quarter. Candriam S.C.A. now owns 20,002 shares of the real estate investment trust's stock worth $3,041,000 after purchasing an additional 2,146 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Trading Down 1.3 %

Shares of Digital Realty Trust stock traded down $2.36 on Monday, reaching $179.38. 2,021,276 shares of the company's stock were exchanged, compared to its average volume of 1,627,223. The firm's 50-day moving average is $183.63 and its two-hundred day moving average is $164.93. The company has a market capitalization of $59.50 billion, a P/E ratio of 150.74, a price-to-earnings-growth ratio of 4.97 and a beta of 0.64. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. Digital Realty Trust, Inc. has a 52 week low of $130.28 and a 52 week high of $198.00.

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

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be paid a $1.22 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.72%. Digital Realty Trust's dividend payout ratio is presently 410.08%.

Insider Buying and Selling

In other news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.17% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have issued reports on the company. Hsbc Global Res upgraded Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a research note on Friday, October 4th. Jefferies Financial Group lifted their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Wells Fargo & Company increased their target price on shares of Digital Realty Trust from $185.00 to $210.00 and gave the stock an "overweight" rating in a report on Tuesday, December 10th. Truist Financial lifted their target price on Digital Realty Trust from $168.00 to $202.00 and gave the company a "buy" rating in a research note on Tuesday, November 12th. Finally, Scotiabank lifted their price objective on shares of Digital Realty Trust from $157.00 to $178.00 and gave the company a "sector perform" rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $171.68.

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.