Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Centiva Capital LP

Centiva Capital LP cut its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 12.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,703 shares of the real estate investment trust's stock after selling 1,592 shares during the quarter. Centiva Capital LP's holdings in Digital Realty Trust were worth $1,898,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. BROOKFIELD Corp ON boosted its position in Digital Realty Trust by 2.9% during the fourth quarter. BROOKFIELD Corp ON now owns 145,777 shares of the real estate investment trust's stock valued at $25,851,000 after purchasing an additional 4,116 shares in the last quarter. Blue Capital Inc. acquired a new stake in Digital Realty Trust in the fourth quarter worth about $3,421,000. Cantor Fitzgerald L. P. acquired a new stake in Digital Realty Trust in the fourth quarter worth about $443,000. Captrust Financial Advisors raised its stake in shares of Digital Realty Trust by 2.9% in the fourth quarter. Captrust Financial Advisors now owns 78,721 shares of the real estate investment trust's stock worth $13,960,000 after purchasing an additional 2,197 shares during the last quarter. Finally, Baird Financial Group Inc. raised its stake in shares of Digital Realty Trust by 4.2% in the fourth quarter. Baird Financial Group Inc. now owns 93,868 shares of the real estate investment trust's stock worth $16,646,000 after purchasing an additional 3,783 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Price Performance

DLR traded down $0.27 on Monday, hitting $166.31. 1,930,867 shares of the company were exchanged, compared to its average volume of 1,982,221. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The business's fifty day moving average is $150.78 and its 200 day moving average is $167.76. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The firm has a market capitalization of $56.01 billion, a P/E ratio of 102.66, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.04. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Digital Realty Trust's revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.67 earnings per share. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.93%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is 456.07%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on DLR shares. Jefferies Financial Group restated a "buy" rating and issued a $193.00 price objective (up from $190.00) on shares of Digital Realty Trust in a research note on Friday, April 25th. Citizens Jmp upgraded Digital Realty Trust to a "strong-buy" rating in a research report on Monday, January 27th. Citigroup cut their price objective on Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Mizuho cut their price objective on Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating for the company in a research report on Friday, March 28th. Finally, Wells Fargo & Company lowered their price target on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Digital Realty Trust currently has an average rating of "Moderate Buy" and a consensus price target of $183.00.

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.