Advisory Services Network LLC Reduces Position in Digital Realty Trust, Inc. (NYSE:DLR)

Advisory Services Network LLC trimmed its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 2.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,450 shares of the real estate investment trust’s stock after selling 134 shares during the quarter. Advisory Services Network LLC’s holdings in Digital Realty Trust were worth $967,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DLR. Invesco Ltd. lifted its position in shares of Digital Realty Trust by 18.4% during the fourth quarter. Invesco Ltd. now owns 3,905,883 shares of the real estate investment trust’s stock worth $692,630,000 after purchasing an additional 607,132 shares during the last quarter. Private Advisor Group LLC lifted its holdings in Digital Realty Trust by 4.1% during the 4th quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust’s stock valued at $2,400,000 after buying an additional 527 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc boosted its position in Digital Realty Trust by 17.7% in the 4th 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 grew its stake in Digital Realty Trust by 26.4% in the 4th quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock worth $9,682,000 after acquiring an additional 11,405 shares in the last quarter. Finally, Leavell Investment Management Inc. increased its position in shares of Digital Realty Trust by 74.1% during 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. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 2.0 %

NYSE:DLR opened at $145.10 on Monday. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a market cap of $48.85 billion, a PE ratio of 89.56, a P/E/G ratio of 4.38 and a beta of 0.92. The company’s 50 day moving average is $153.16 and its two-hundred day moving average is $168.32.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping 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%. Analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a $1.22 dividend. 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 3.36%. Digital Realty Trust’s dividend payout ratio is currently 301.23%.

Analyst Ratings Changes

Several research analysts recently issued reports on DLR shares. StockNews.com cut Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 22nd. JMP Securities restated a “market outperform” rating and issued a $220.00 price objective on shares of Digital Realty Trust in a report on Tuesday, February 18th. Scotiabank upgraded shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price on the stock in a report on Tuesday, February 18th. Truist Financial lowered their price target on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a research report on Monday, March 10th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price objective for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $184.33.

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.