Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Torray Investment Partners LLC

Torray Investment Partners LLC lowered its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 17.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,720 shares of the real estate investment trust's stock after selling 4,445 shares during the period. Torray Investment Partners LLC's holdings in Digital Realty Trust were worth $3,674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sierra Ocean LLC acquired a new position in shares of Digital Realty Trust in the 4th quarter valued at $29,000. FNY Investment Advisers LLC acquired a new stake in Digital Realty Trust during the fourth quarter worth approximately $35,000. Versant Capital Management Inc raised 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. Centricity Wealth Management LLC acquired a new position in Digital Realty Trust during the fourth quarter valued at approximately $37,000. Finally, First Financial Corp IN acquired a new stake in Digital Realty Trust in the fourth quarter valued at approximately $42,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Trading Down 3.5 %

DLR stock traded down $5.46 during mid-day trading on Thursday, hitting $151.82. 539,496 shares of the company were exchanged, compared to its average volume of 2,422,328. The business has a fifty day simple moving average of $169.84 and a 200-day simple moving average of $170.01. Digital Realty Trust, Inc. has a 12-month low of $135.54 and a 12-month high of $198.00. 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 firm has a market capitalization of $51.11 billion, a P/E ratio of 93.93, a PEG ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date is Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is presently 301.23%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Barclays upped their target price on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an "underweight" rating in a research note on Monday, November 18th. Stifel Nicolaus upped their price objective on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. StockNews.com downgraded Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 22nd. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and raised their price objective for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Finally, JPMorgan Chase & Co. boosted their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Digital Realty Trust currently has an average rating of "Moderate Buy" and a consensus price target of $181.00.

Insider Activity at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the firm's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.17% of the stock is currently owned by corporate insiders.

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.