TD Waterhouse Canada Inc. Sells 1,275 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

TD Waterhouse Canada Inc. decreased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 15.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,932 shares of the real estate investment trust’s stock after selling 1,275 shares during the period. TD Waterhouse Canada Inc.’s holdings in Digital Realty Trust were worth $1,229,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth approximately $3,858,428,000. Alliancebernstein L.P. boosted its stake in Digital Realty Trust by 91.7% in the fourth quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust’s stock valued at $271,279,000 after acquiring an additional 731,690 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Digital Realty Trust during the 4th quarter worth $125,336,000. Invesco Ltd. raised its position in shares of Digital Realty Trust by 18.4% during the 4th quarter. Invesco Ltd. now owns 3,905,883 shares of the real estate investment trust’s stock valued at $692,630,000 after acquiring an additional 607,132 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Digital Realty Trust by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 51,453,186 shares of the real estate investment trust’s stock valued at $9,124,193,000 after purchasing an additional 469,823 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

NYSE:DLR opened at $153.73 on Friday. The stock’s 50-day simple moving average is $150.21 and its 200 day simple moving average is $167.59. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-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 market cap of $51.77 billion, a P/E ratio of 94.90, a P/E/G ratio of 4.38 and a beta of 0.92.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.05. 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 EPS for the current fiscal 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 paid a $1.22 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.17%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 301.23%.

Analysts Set New Price Targets

DLR has been the topic of several analyst reports. JMP Securities reissued a “market outperform” rating and issued a $220.00 target price on shares of Digital Realty Trust in a research note on Tuesday, February 18th. Citigroup reduced their price objective on shares of Digital Realty Trust from $188.00 to $174.00 and set a “buy” rating on the stock in a research note on Thursday, April 17th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. JPMorgan Chase & Co. boosted their price target on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, Mizuho dropped their price objective on Digital Realty Trust from $211.00 to $177.00 and set an “outperform” rating on the stock in a research note on Friday, March 28th. Two analysts have rated the stock with a sell rating, four have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $183.68.

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.