Gold Investment Management Ltd. Sells 237 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Gold Investment Management Ltd. cut its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,714 shares of the real estate investment trust’s stock after selling 237 shares during the period. Gold Investment Management Ltd.’s holdings in Digital Realty Trust were worth $2,787,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Sierra Ocean LLC bought a new position in Digital Realty Trust in the fourth quarter valued at about $29,000. FNY Investment Advisers LLC acquired a new position in shares of Digital Realty Trust in the fourth quarter valued at approximately $35,000. Fairway Wealth LLC bought a new position in Digital Realty Trust in the 4th quarter valued at approximately $35,000. Versant Capital Management Inc boosted its position in 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 buying an additional 173 shares during the period. Finally, Centricity Wealth Management LLC bought a new stake in Digital Realty Trust during the 4th quarter worth approximately $37,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Trading Up 1.7 %

NYSE DLR opened at $148.41 on Monday. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $49.96 billion, a P/E ratio of 91.61, a PEG ratio of 4.38 and a beta of 0.65. The business has a fifty day simple moving average of $165.62 and a 200 day simple moving average of $170.04. Digital Realty Trust, Inc. has a 12 month low of $135.54 and a 12 month high of $198.00.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share 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%. On average, analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors 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 payout ratio is 301.23%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DLR. StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 22nd. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their target price for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Stifel Nicolaus lifted their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, JPMorgan Chase & Co. increased their target price on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $180.11.

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.