Chilton Capital Management LLC Sells 2,765 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Chilton Capital Management LLC cut its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 2.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,158 shares of the real estate investment trust's stock after selling 2,765 shares during the period. Chilton Capital Management LLC's holdings in Digital Realty Trust were worth $13,502,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fairway Wealth LLC bought a new position in shares of Digital Realty Trust in the fourth quarter valued at approximately $35,000. Opal Wealth Advisors LLC bought a new stake in Digital Realty Trust during the first quarter worth approximately $38,000. SRS Capital Advisors Inc. boosted its holdings in Digital Realty Trust by 502.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 241 shares of the real estate investment trust's stock worth $43,000 after buying an additional 201 shares in the last quarter. Millstone Evans Group LLC bought a new stake in Digital Realty Trust during the fourth quarter worth approximately $43,000. Finally, Grove Bank & Trust boosted its holdings in Digital Realty Trust by 306.7% during the first quarter. Grove Bank & Trust now owns 305 shares of the real estate investment trust's stock worth $44,000 after buying an additional 230 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Down 0.6%

Shares of DLR traded down $1.04 during mid-day trading on Tuesday, hitting $170.60. 525,459 shares of the company's stock were exchanged, compared to its average volume of 2,012,904. The firm has a fifty day moving average of $171.06 and a two-hundred day moving average of $164.23. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The stock has a market cap of $57.46 billion, a price-to-earnings ratio of 159.44, a P/E/G ratio of 2.63 and a beta of 0.95. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, topping the consensus estimate of $1.73 by $0.04. Digital Realty Trust had a net margin of 7.65% and a return on equity of 2.07%. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the business posted $1.67 EPS. Digital Realty Trust's quarterly revenue was up 5.7% on a year-over-year basis. On average, sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were paid a $1.22 dividend. The ex-dividend date was Friday, June 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.86%. Digital Realty Trust's payout ratio is presently 456.07%.

Analysts Set New Price Targets

A number of analysts recently weighed in on DLR shares. Oppenheimer started coverage on shares of Digital Realty Trust in a report on Wednesday, May 14th. They set an "outperform" rating and a $200.00 target price for the company. Wall Street Zen upgraded shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a report on Sunday, June 1st. Scotiabank reduced their target price on shares of Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating for the company in a report on Tuesday, April 22nd. JMP Securities restated a "market outperform" rating and issued a $220.00 price target on shares of Digital Realty Trust in a research report on Monday, April 28th. Finally, Bank of America initiated coverage on shares of Digital Realty Trust in a research report on Monday, May 19th. They issued a "buy" rating and a $210.00 price target for the company. One analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $187.16.

Insider Transactions at Digital Realty Trust

In related news, Director Mark R. Patterson sold 175 shares of the firm's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $176.50, for a total value of $30,887.50. Following the transaction, the director directly owned 6,522 shares in the company, valued at approximately $1,151,133. This trade represents a 2.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.17% of the company's stock.

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.