Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lessened its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,211,270 shares of the real estate investment trust’s stock after selling 105,106 shares during the period. Pictet Asset Management Holding SA owned 0.67% of Digital Realty Trust worth $392,125,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Private Advisor Group LLC raised its stake in Digital Realty Trust by 4.1% during the fourth quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust’s stock worth $2,400,000 after purchasing an additional 527 shares during the period. AEGON ASSET MANAGEMENT UK Plc increased its holdings in shares of Digital Realty Trust by 17.7% during the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock worth $11,768,000 after buying an additional 9,959 shares during the last quarter. Capital Investment Advisors LLC raised its position in shares of Digital Realty Trust by 26.4% during the 4th quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock valued at $9,682,000 after buying an additional 11,405 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in Digital Realty Trust by 6.4% in the third quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust’s stock valued at $61,643,000 after acquiring an additional 23,028 shares during the last quarter. Finally, Leavell Investment Management Inc. grew its position in Digital Realty Trust by 74.1% in the fourth quarter. Leavell Investment Management Inc. now owns 18,283 shares of the real estate investment trust’s stock worth $3,262,000 after acquiring an additional 7,781 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 3.0 %

Shares of NYSE:DLR opened at $144.95 on Friday. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The stock has a market cap of $48.80 billion, a price-to-earnings ratio of 89.48, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65. The firm’s 50 day moving average price is $160.83 and its 200 day moving average price is $169.80.

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

Digital Realty Trust Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.37%. Digital Realty Trust’s dividend payout ratio is currently 301.23%.

Analyst Ratings Changes

DLR has been the topic of several recent analyst reports. Barclays decreased their price target on Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating on the stock in a research note on Thursday, March 20th. StockNews.com cut shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 22nd. JMP Securities reiterated a “market outperform” rating and set a $220.00 price target on shares of Digital Realty Trust in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Finally, Wells Fargo & Company dropped their target price on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. Two equities 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. According to data from MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus price target of $179.95.

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.