Capital Square LLC Sells 1,645 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Capital Square LLC lessened its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 13.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,956 shares of the real estate investment trust’s stock after selling 1,645 shares during the period. Digital Realty Trust accounts for 1.1% of Capital Square LLC’s holdings, making the stock its 20th biggest position. Capital Square LLC’s holdings in Digital Realty Trust were worth $1,978,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in DLR. Wilmington Savings Fund Society FSB acquired a new stake in Digital Realty Trust during the 3rd quarter worth approximately $657,000. Synovus Financial Corp boosted its holdings in Digital Realty Trust by 6.9% in the 3rd quarter. Synovus Financial Corp now owns 6,530 shares of the real estate investment trust’s stock valued at $1,057,000 after purchasing an additional 421 shares during the period. Retirement Systems of Alabama grew its position in shares of Digital Realty Trust by 2.6% during the 3rd quarter. Retirement Systems of Alabama now owns 253,906 shares of the real estate investment trust’s stock worth $41,090,000 after purchasing an additional 6,360 shares in the last quarter. FFG Partners LLC bought a new position in shares of Digital Realty Trust during the third quarter worth approximately $10,446,000. Finally, B. Riley Wealth Advisors Inc. raised its position in shares of Digital Realty Trust by 13.7% in the third quarter. B. Riley Wealth Advisors Inc. now owns 3,518 shares of the real estate investment trust’s stock valued at $559,000 after buying an additional 424 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 1.6 %

Shares of NYSE DLR opened at $148.53 on Thursday. The firm’s fifty day moving average is $151.91 and its 200 day moving average is $167.93. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week 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 company has a market cap of $50.02 billion, a price-to-earnings ratio of 91.69, a PEG ratio of 4.38 and a beta of 0.92.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. On average, equities research analysts expect 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 announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust’s dividend payout ratio is presently 301.23%.

Analyst Ratings Changes

A number of research firms have recently weighed in on DLR. JMP Securities reiterated a “market outperform” rating and set a $220.00 target price on shares of Digital Realty Trust in a research report on Tuesday, February 18th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Barclays dropped their target price on shares of Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating for the company in a research report on Thursday, March 20th. JPMorgan Chase & Co. increased their price target on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, Wells Fargo & Company lowered their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. Two investment 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’s stock. According to MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $184.33.

Digital Realty Trust Company 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.