Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB lessened its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,798 shares of the real estate investment trust’s stock after selling 1,002 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Digital Realty Trust were worth $4,575,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Clear Creek Financial Management LLC grew its holdings 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 buying an additional 59 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in Digital Realty Trust by 3.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock worth $305,000 after acquiring an additional 59 shares during the period. Trueblood Wealth Management LLC grew its stake in Digital Realty Trust by 3.1% in the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock worth $334,000 after acquiring an additional 61 shares during the period. Stolper Co raised its holdings in Digital Realty Trust by 0.5% in the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock valued at $2,243,000 after acquiring an additional 64 shares during the last quarter. Finally, GHP Investment Advisors Inc. lifted its stake in shares of Digital Realty Trust by 14.3% during the 3rd quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $85,000 after purchasing an additional 66 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DLR. Barclays lifted their price objective on Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a research report on Monday, November 18th. Evercore ISI upped their price objective on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. HSBC raised shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and raised their target price for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. TD Cowen increased 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 note on Friday, October 25th. Finally, Stifel Nicolaus lifted their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $177.32.

Digital Realty Trust Price Performance

Shares of DLR stock opened at $178.54 on Tuesday. The firm has a fifty day simple moving average of $183.19 and a 200-day simple moving average of $166.90. The company has a market capitalization of $59.22 billion, a PE ratio of 150.03, a price-to-earnings-growth ratio of 4.35 and a beta of 0.64. Digital Realty Trust, Inc. has a twelve month low of $131.42 and a twelve month high of $198.00. 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 posted its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates 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 period in the previous year, the company earned $1.62 earnings per share. The business’s quarterly revenue was up 2.1% on a year-over-year basis. Equities research analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, December 13th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend was Friday, December 13th. Digital Realty Trust’s payout ratio is 410.08%.

Insider Activity

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.17% of the company’s stock.

Digital Realty Trust Company 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.