Dakota Community Bank & Trust NA Lowers Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Dakota Community Bank & Trust NA cut its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 6.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,942 shares of the real estate investment trust’s stock after selling 138 shares during the period. Digital Realty Trust makes up 1.6% of Dakota Community Bank & Trust NA’s investment portfolio, making the stock its 20th largest position. Dakota Community Bank & Trust NA’s holdings in Digital Realty Trust were worth $344,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of DLR. Clear Creek Financial Management LLC raised its holdings in shares of Digital Realty Trust by 1.6% in the 3rd quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock worth $621,000 after purchasing an additional 59 shares during the period. OneDigital Investment Advisors LLC increased its position 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 worth $305,000 after purchasing an additional 59 shares in the last quarter. Trueblood Wealth Management LLC raised its holdings in 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 buying an additional 61 shares during the period. Stolper Co lifted its position in 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 in the last quarter. Finally, GHP Investment Advisors Inc. increased its position in shares of Digital Realty Trust by 14.3% in the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $85,000 after acquiring an additional 66 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Down 0.9 %

Shares of Digital Realty Trust stock opened at $178.54 on Friday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The business has a 50-day moving average price of $183.26 and a 200 day moving average price of $166.51. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00. The firm 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.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.58). The firm 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 business’s revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.62 earnings per share. On average, sell-side analysts forecast that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Friday, December 13th were paid a dividend of $1.22 per share. The ex-dividend date was Friday, December 13th. This represents a $4.88 annualized dividend and a yield of 2.73%. Digital Realty Trust’s dividend payout ratio (DPR) is 410.08%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on DLR shares. Jefferies Financial Group lifted their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a report on Friday, October 25th. HSBC upgraded Digital Realty Trust from a “reduce” rating to a “hold” rating and boosted their price objective for the stock from $124.00 to $160.00 in a research note on Friday, October 4th. Barclays raised their target price on Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a report on Monday, November 18th. Stifel Nicolaus upped their price target on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, 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. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $177.32.

Insiders Place Their Bets

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

Digital Realty Trust 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.