CAPROCK Group Inc. decreased its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 14.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,275 shares of the real estate investment trust’s stock after selling 1,187 shares during the period. CAPROCK Group Inc.’s holdings in Digital Realty Trust were worth $774,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Digital Realty Trust during the fourth quarter valued at $108,062,000. Morgan Stanley raised its position in Digital Realty Trust by 94.8% in the third quarter. Morgan Stanley now owns 1,158,127 shares of the real estate investment trust’s stock valued at $112,476,000 after buying an additional 563,580 shares in the last quarter. Daiwa Securities Group Inc. raised its position in Digital Realty Trust by 11.8% in the third quarter. Daiwa Securities Group Inc. now owns 5,291,746 shares of the real estate investment trust’s stock valued at $513,934,000 after buying an additional 558,286 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in Digital Realty Trust during the fourth quarter valued at $48,081,000. Finally, APG Asset Management US Inc. raised its position in Digital Realty Trust by 9.5% in the third quarter. APG Asset Management US Inc. now owns 4,053,696 shares of the real estate investment trust’s stock valued at $393,695,000 after buying an additional 350,000 shares in the last quarter.

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

Digital Realty Trust, Inc. (NYSE:DLR) traded down 0.35% during mid-day trading on Friday, reaching $112.88. 823,450 shares of the company’s stock were exchanged. The company has a 50-day moving average of $106.49 and a 200-day moving average of $100.01. The stock has a market cap of $17.98 billion, a price-to-earnings ratio of 51.31 and a beta of 0.12. Digital Realty Trust, Inc. has a 52-week low of $85.63 and a 52-week high of $113.71.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, February 16th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.43 by $0.94. Digital Realty Trust had a net margin of 15.25% and a return on equity of 9.81%. The company had revenue of $577 million for the quarter, compared to the consensus estimate of $551.48 million. During the same quarter in the previous year, the firm earned $0.79 earnings per share. The company’s revenue for the quarter was up 15.3% compared to the same quarter last year. Equities research analysts anticipate that Digital Realty Trust, Inc. will post $1.60 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Wednesday, March 15th were given a dividend of $0.93 per share. The ex-dividend date of this dividend was Monday, March 13th. This is a positive change from Digital Realty Trust’s previous quarterly dividend of $0.88. This represents a $3.72 annualized dividend and a yield of 3.30%. Digital Realty Trust’s payout ratio is presently 246.15%.

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Several research analysts have recently weighed in on DLR shares. Royal Bank of Canada restated a “buy” rating and set a $120.00 price objective on shares of Digital Realty Trust in a research note on Friday, March 24th. Barclays PLC restated an “overweight” rating and set a $110.00 price objective (down from $118.00) on shares of Digital Realty Trust in a research note on Monday, January 23rd. Deutsche Bank AG restated a “hold” rating and set a $106.00 price objective (down from $108.00) on shares of Digital Realty Trust in a research note on Monday, January 9th. Canaccord Genuity restated a “buy” rating and set a $105.00 price objective (up from $102.00) on shares of Digital Realty Trust in a research note on Friday, December 23rd. Finally, Jefferies Group LLC lowered their price objective on shares of Digital Realty Trust from $106.00 to $105.00 and set a “hold” rating on the stock in a research note on Friday, February 17th. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $111.00.

In other Digital Realty Trust news, SVP Joshua A. Mills sold 4,189 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, April 13th. The shares were sold at an average price of $110.00, for a total transaction of $460,790.00. Following the completion of the sale, the senior vice president now directly owns 4,286 shares in the company, valued at $471,460. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Joshua A. Mills sold 4,217 shares of Digital Realty Trust stock in a transaction that occurred on Wednesday, April 5th. The shares were sold at an average price of $107.00, for a total transaction of $451,219.00. Following the sale, the senior vice president now owns 8,383 shares of the company’s stock, valued at $896,981. The disclosure for this sale can be found here. Insiders own 0.29% of the company’s stock.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

5 Day Chart for NYSE:DLR

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