Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Little House Capital LLC

Little House Capital LLC cut its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 70.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,145 shares of the real estate investment trust's stock after selling 19,782 shares during the quarter. Little House Capital LLC's holdings in Digital Realty Trust were worth $1,167,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of DLR. Fairway Wealth LLC acquired a new position in shares of Digital Realty Trust during the fourth quarter worth about $35,000. Opal Wealth Advisors LLC acquired a new position in shares of Digital Realty Trust during the first quarter worth about $38,000. SRS Capital Advisors Inc. increased its stake in shares of 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 acquiring an additional 201 shares during the period. Millstone Evans Group LLC acquired a new position in shares of Digital Realty Trust during the fourth quarter worth about $43,000. Finally, Grove Bank & Trust increased its stake in shares of 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 acquiring an additional 230 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Mark R. Patterson sold 175 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $176.50, for a total transaction of $30,887.50. Following the transaction, the director now owns 6,522 shares of the company's stock, valued at $1,151,133. This trade represents a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.13% of the stock is currently owned by insiders.

Digital Realty Trust Stock Up 1.0%

Shares of NYSE DLR opened at $171.34 on Friday. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $198.00. The firm's 50 day moving average price is $168.80 and its 200 day moving average price is $164.91. The firm has a market cap of $57.70 billion, a P/E ratio of 160.13, a price-to-earnings-growth ratio of 2.58 and a beta of 0.95. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.92 and a current ratio of 1.92.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter last year, the business earned $1.67 earnings per share. Digital Realty Trust's revenue was up 5.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Friday, June 13th. Digital Realty Trust's dividend payout ratio is currently 456.07%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a "buy" rating and set a $193.00 price target (up from $190.00) on shares of Digital Realty Trust in a research note on Friday, April 25th. Bank of America assumed coverage on shares of Digital Realty Trust in a research note on Monday, May 19th. They set a "buy" rating and a $210.00 price target on the stock. Barclays dropped their price target on shares of 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. New Street Research upgraded shares of Digital Realty Trust to a "hold" rating in a research report on Monday, April 28th. Finally, Mizuho upped their target price on shares of Digital Realty Trust from $177.00 to $191.00 and gave the stock an "outperform" rating in a research report on Tuesday, June 17th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of "Moderate Buy" and an average price target of $186.55.

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.

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