Goelzer Investment Management Inc. Decreases Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Goelzer Investment Management Inc. lowered its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,856 shares of the real estate investment trust’s stock after selling 182 shares during the period. Goelzer Investment Management Inc.’s holdings in Digital Realty Trust were worth $861,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in DLR. Clear Creek Financial Management LLC grew its position in shares of Digital Realty Trust by 1.6% during the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock worth $621,000 after acquiring an additional 59 shares during the last quarter. OneDigital Investment Advisors LLC boosted its stake in Digital Realty Trust by 3.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock valued at $305,000 after purchasing an additional 59 shares during the period. Trueblood Wealth Management LLC increased its stake in shares of Digital Realty Trust by 3.1% in the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock valued at $334,000 after purchasing an additional 61 shares during the period. Stolper Co raised its holdings in shares of Digital Realty Trust by 0.5% during the fourth quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock valued at $2,243,000 after buying an additional 64 shares during the last quarter. Finally, GHP Investment Advisors Inc. boosted its position in shares of Digital Realty Trust by 14.3% during the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $85,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Activity

In related news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is currently owned by corporate insiders.

Digital Realty Trust Price Performance

NYSE DLR opened at $180.56 on Friday. Digital Realty Trust, Inc. has a 1 year low of $131.42 and a 1 year high of $198.00. The stock’s 50-day moving average price is $183.37 and its two-hundred day moving average price is $167.71. The company has a market cap of $59.89 billion, a PE ratio of 151.73, a PEG ratio of 4.64 and a beta of 0.64. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.58). Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter last year, the company posted $1.62 EPS. The firm’s revenue was up 2.1% compared to the same quarter last year. On average, analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were given a $1.22 dividend. The ex-dividend date was Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.70%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 410.08%.

Analyst Ratings Changes

Several analysts recently commented on the company. HSBC upgraded Digital Realty Trust from a “reduce” rating to a “hold” rating and raised their target price for the company from $124.00 to $160.00 in a research report on Friday, October 4th. Wells Fargo & Company lifted their price objective on shares of Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the company from $185.00 to $194.00 in a research report on Wednesday, January 15th. TD Cowen boosted their price target on shares of Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Finally, Raymond James increased their price objective on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $178.89.

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.