Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Trust Co. of Vermont

Trust Co. of Vermont decreased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,095 shares of the real estate investment trust’s stock after selling 198 shares during the period. Trust Co. of Vermont’s holdings in Digital Realty Trust were worth $1,435,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of DLR. Adirondack Trust Co. grew its holdings in Digital Realty Trust by 68.6% during the third quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 81 shares during the period. FNY Investment Advisers LLC acquired a new stake in Digital Realty Trust in the fourth quarter valued at $35,000. Versant Capital Management Inc grew its stake in shares of Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 173 shares during the period. Future Financial Wealth Managment LLC purchased a new position in shares of Digital Realty Trust in the 3rd quarter valued at about $38,000. Finally, First Financial Corp IN acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $42,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.17% of the company’s stock.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $178.54 on Friday. The company has a market cap of $59.22 billion, a P/E ratio of 150.03, a P/E/G ratio of 4.35 and a beta of 0.64. The business has a fifty day simple moving average of $183.19 and a 200-day simple moving average of $166.69. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.62 EPS. Equities research analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, December 13th were issued a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.73%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 410.08%.

Wall Street Analyst Weigh In

DLR has been the subject of a number of research analyst reports. Scotiabank increased their target price on shares of Digital Realty Trust from $157.00 to $178.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Jefferies Financial Group lifted their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, October 25th. TD Cowen upped their target price on Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a report on Friday, October 25th. Barclays lifted their price target on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research note on Monday, November 18th. Finally, Evercore ISI increased their price objective on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $177.32.

Digital Realty Trust Company Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.