Twin Capital Management Inc. Sells 4,216 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Twin Capital Management Inc. trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR) by 25.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,498 shares of the real estate investment trust’s stock after selling 4,216 shares during the quarter. Twin Capital Management Inc.’s holdings in Digital Realty Trust were worth $2,216,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in DLR. Private Advisor Group LLC grew its stake in shares of Digital Realty Trust by 4.1% in the fourth quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust’s stock worth $2,400,000 after purchasing an additional 527 shares during the last quarter. AEGON ASSET MANAGEMENT UK Plc increased its stake in shares of Digital Realty Trust by 17.7% during the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock valued at $11,768,000 after buying an additional 9,959 shares during the period. Capital Investment Advisors LLC raised its holdings in shares of Digital Realty Trust by 26.4% during the fourth quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock valued at $9,682,000 after acquiring an additional 11,405 shares in the last quarter. Leavell Investment Management Inc. lifted its stake in Digital Realty Trust by 74.1% in the fourth quarter. Leavell Investment Management Inc. now owns 18,283 shares of the real estate investment trust’s stock worth $3,262,000 after acquiring an additional 7,781 shares during the period. Finally, Harbor Investment Advisory LLC boosted its holdings in Digital Realty Trust by 53.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 16,561 shares of the real estate investment trust’s stock valued at $2,937,000 after acquiring an additional 5,788 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

DLR opened at $137.45 on Monday. The stock has a market capitalization of $46.27 billion, a price-to-earnings ratio of 84.85, a PEG ratio of 4.38 and a beta of 0.92. Digital Realty Trust, Inc. has a fifty-two week low of $133.20 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The company has a fifty day moving average of $156.26 and a 200 day moving average of $169.36.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. As a group, sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share 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 3.55%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust’s dividend payout ratio is 301.23%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and raised their target price for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Mizuho cut their price objective on 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. StockNews.com downgraded Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 22nd. JPMorgan Chase & Co. raised their target price on Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Finally, UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $147.00 to $205.00 in a report on Tuesday, January 7th. 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 given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $184.33.

About Digital Realty Trust

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.