IQ EQ FUND MANAGEMENT IRELAND Ltd Sells 1,334 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

IQ EQ FUND MANAGEMENT IRELAND Ltd trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR) by 12.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,755 shares of the real estate investment trust’s stock after selling 1,334 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Digital Realty Trust were worth $1,730,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of DLR. Private Advisor Group LLC boosted its holdings 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 valued at $2,400,000 after acquiring an additional 527 shares during the period. AEGON ASSET MANAGEMENT UK Plc boosted its stake in 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 valued at $11,768,000 after purchasing an additional 9,959 shares during the period. Capital Investment Advisors LLC grew its holdings in Digital Realty Trust by 26.4% in 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 last quarter. Rockefeller Capital Management L.P. increased its position in Digital Realty Trust by 6.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust’s stock worth $61,643,000 after buying an additional 23,028 shares during the period. Finally, Leavell Investment Management Inc. lifted its holdings in shares of Digital Realty Trust by 74.1% during 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 buying an additional 7,781 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Trading Down 3.0 %

Shares of DLR opened at $144.95 on Friday. The stock’s fifty day simple moving average is $160.83 and its 200-day simple moving average is $169.80. The firm has a market capitalization of $48.80 billion, a PE ratio of 89.48, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a 12-month low of $135.54 and a 12-month high of $198.00. 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 (NYSE:DLR) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating 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, research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.37%. The ex-dividend date is Friday, March 14th. Digital Realty Trust’s payout ratio is 301.23%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their target price for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and increased their target price for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Barclays lowered 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 downgraded Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on 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 analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $179.95.

Digital Realty Trust 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.