Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Flputnam Investment Management Co.

Flputnam Investment Management Co. decreased its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 12.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,692 shares of the real estate investment trust’s stock after selling 233 shares during the period. Flputnam Investment Management Co.’s holdings in Digital Realty Trust were worth $300,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Sierra Ocean LLC purchased a new stake in Digital Realty Trust in the fourth quarter valued at $29,000. FNY Investment Advisers LLC purchased a new stake in shares of Digital Realty Trust in the 4th quarter valued at about $35,000. Versant Capital Management Inc lifted its holdings in shares of Digital Realty Trust by 480.6% in the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 173 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in shares of Digital Realty Trust in the 4th quarter valued at about $37,000. Finally, First Financial Corp IN purchased a new position in Digital Realty Trust during the 4th quarter worth approximately $42,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in 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 reiterated a “market outperform” rating and issued a $220.00 price target on shares of Digital Realty Trust in a research report on Tuesday, February 18th. UBS Group raised shares of 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. Wells Fargo & Company reduced 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. Finally, Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Two analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $181.00.

Digital Realty Trust Trading Down 0.7 %

NYSE:DLR opened at $155.15 on Tuesday. Digital Realty Trust, Inc. has a 1 year low of $135.54 and a 1 year 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 stock has a fifty day moving average price of $170.79 and a two-hundred day moving average price of $170.06. The stock has a market capitalization of $52.23 billion, a price-to-earnings ratio of 95.77, a PEG ratio of 4.38 and a beta of 0.63.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.15%. The ex-dividend date is Friday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is 301.23%.

Insider Buying and Selling

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.17% of the company’s stock.

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.