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

One Capital Management LLC cut its position in Digital Realty Trust, Inc. (NYSE:DLR) by 18.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,770 shares of the real estate investment trust’s stock after selling 3,021 shares during the period. One Capital Management LLC’s holdings in Digital Realty Trust were worth $2,442,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Sierra Ocean LLC purchased a new stake in Digital Realty Trust during the 4th quarter valued at about $29,000. FNY Investment Advisers LLC purchased a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $35,000. Versant Capital Management Inc increased its holdings in shares of Digital Realty Trust by 480.6% in the fourth 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 purchased a new position in Digital Realty Trust during the fourth quarter worth approximately $37,000. Finally, First Financial Corp IN acquired a new position in Digital Realty Trust during the fourth quarter worth $42,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Matt Mercier sold 2,518 shares of the business’s 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 sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.17% of the stock is currently owned by company insiders.

Digital Realty Trust Stock Down 5.6 %

Digital Realty Trust stock opened at $148.50 on Friday. The stock’s fifty day moving average is $169.22 and its two-hundred day moving average is $169.86. The stock has a market cap of $49.99 billion, a PE ratio of 91.67, a P/E/G ratio of 4.38 and a beta of 0.65. 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 current ratio of 2.07 and a quick ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating 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, sell-side analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date is Friday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 301.23%.

Analysts Set New Price Targets

DLR has been the subject of a number of recent research reports. Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Truist Financial lifted their target price on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. boosted their target price 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. JMP Securities restated a “market outperform” rating and set a $220.00 price target on shares of Digital Realty Trust in a report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $181.00.

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.