Kintegral Advisory LLC Sells 2,133 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Kintegral Advisory LLC trimmed its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 32.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,349 shares of the real estate investment trust's stock after selling 2,133 shares during the period. Kintegral Advisory LLC's holdings in Digital Realty Trust were worth $623,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Fairway Wealth LLC purchased a new position in Digital Realty Trust during the 4th quarter worth $35,000. Opal Wealth Advisors LLC bought a new stake in Digital Realty Trust during the 1st quarter valued at $38,000. SRS Capital Advisors Inc. boosted its position in Digital Realty Trust by 502.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 241 shares of the real estate investment trust's stock valued at $43,000 after acquiring an additional 201 shares in the last quarter. Millstone Evans Group LLC bought a new stake in Digital Realty Trust during the 4th quarter valued at $43,000. Finally, Grove Bank & Trust boosted its position in Digital Realty Trust by 306.7% during the 1st quarter. Grove Bank & Trust now owns 305 shares of the real estate investment trust's stock valued at $44,000 after acquiring an additional 230 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on DLR shares. Scotiabank dropped their target price on Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating on the stock in a research note on Tuesday, April 22nd. New Street Research raised Digital Realty Trust to a "hold" rating in a research report on Monday, April 28th. JMP Securities reaffirmed a "market outperform" rating and set a $220.00 price target on shares of Digital Realty Trust in a research report on Monday, April 28th. Truist Financial reduced their price objective on Digital Realty Trust from $185.00 to $184.00 and set a "buy" rating for the company in a research note on Monday, May 12th. Finally, Oppenheimer began coverage on Digital Realty Trust in a research note on Wednesday, May 14th. They set an "outperform" rating and a $200.00 price objective for the company. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $187.16.

Digital Realty Trust Stock Performance

Shares of DLR stock traded down $1.41 on Monday, hitting $171.19. The company's stock had a trading volume of 551,365 shares, compared to its average volume of 2,016,099. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.92 and a current ratio of 1.92. The stock's 50 day moving average is $170.84 and its 200-day moving average is $164.28. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The company has a market capitalization of $57.65 billion, a PE ratio of 159.95, a PEG ratio of 2.63 and a beta of 0.95.

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

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Friday, June 13th. Digital Realty Trust's dividend payout ratio is presently 456.07%.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Mark R. Patterson sold 175 shares of the firm's stock in a transaction that occurred 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 owned 6,522 shares in the company, valued at approximately $1,151,133. This trade represents a 2.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company 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.