Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Vectors Research Management LLC

Vectors Research Management LLC trimmed its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 10.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,577 shares of the real estate investment trust’s stock after selling 2,196 shares during the quarter. Digital Realty Trust accounts for about 1.1% of Vectors Research Management LLC’s portfolio, making the stock its 27th biggest holding. Vectors Research Management LLC’s holdings in Digital Realty Trust were worth $3,294,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Digital Realty Trust by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 51,453,186 shares of the real estate investment trust’s stock worth $9,124,193,000 after buying an additional 469,823 shares in the last quarter. Norges Bank acquired a new position in shares of Digital Realty Trust in the 4th quarter worth $3,858,428,000. Geode Capital Management LLC raised its position in shares of Digital Realty Trust by 3.4% during the fourth quarter. Geode Capital Management LLC now owns 8,527,649 shares of the real estate investment trust’s stock worth $1,508,612,000 after purchasing an additional 281,704 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Digital Realty Trust by 2.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,656,733 shares of the real estate investment trust’s stock valued at $825,771,000 after purchasing an additional 96,639 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its stake in Digital Realty Trust by 1.1% in the 4th quarter. Canada Pension Plan Investment Board now owns 4,384,451 shares of the real estate investment trust’s stock worth $777,495,000 after purchasing an additional 48,522 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

DLR opened at $150.83 on Monday. 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 stock’s 50 day moving average price is $151.31 and its two-hundred day moving average price is $167.92. The firm has a market capitalization of $50.79 billion, a P/E ratio of 93.10, a price-to-earnings-growth ratio of 4.38 and a beta of 0.92. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $198.00.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data 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 net margin of 10.85% and a return on equity of 2.97%. On average, equities analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date was Friday, March 14th. Digital Realty Trust’s dividend payout ratio is currently 301.23%.

Wall Street Analyst Weigh In

DLR has been the subject of several recent analyst reports. Wells Fargo & Company decreased their target price on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Deutsche Bank Aktiengesellschaft raised 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. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $147.00 to $205.00 in a research report on Tuesday, January 7th. Finally, Citigroup decreased their price target on shares of Digital Realty Trust from $188.00 to $174.00 and set a “buy” rating for the company in a report on Thursday. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Digital Realty Trust has an average rating of “Moderate Buy” and an average target price of $183.79.

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.