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

Fidelis Capital Partners LLC lowered its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 67.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,329 shares of the real estate investment trust's stock after selling 2,696 shares during the quarter. Fidelis Capital Partners LLC's holdings in Digital Realty Trust were worth $190,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC bought a new position in shares of Digital Realty Trust in the first quarter valued at $38,000. Millstone Evans Group LLC bought a new stake in Digital Realty Trust during the fourth quarter worth approximately $43,000. Grove Bank & Trust grew its position in shares of Digital Realty Trust by 306.7% in the first quarter. Grove Bank & Trust now owns 305 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 230 shares during the last quarter. Alpine Bank Wealth Management bought a new position in shares of Digital Realty Trust during the 1st quarter worth about $49,000. Finally, Adirondack Trust Co. lifted its position in Digital Realty Trust by 40.8% in the first quarter. Adirondack Trust Co. now owns 352 shares of the real estate investment trust's stock worth $50,000 after purchasing an additional 102 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Trading Up 1.4%

Shares of NYSE:DLR traded up $2.39 during midday trading on Monday, hitting $170.86. 1,184,255 shares of the stock were exchanged, compared to its average volume of 2,213,650. The stock has a market capitalization of $57.54 billion, a price-to-earnings ratio of 159.68, a P/E/G ratio of 2.56 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, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00. The business's 50-day moving average price is $171.73 and its 200 day moving average price is $163.96.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings results 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. 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 during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the business earned $1.67 earnings per share. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. 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 was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend was Friday, June 13th. Digital Realty Trust's dividend payout ratio is 456.07%.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of research reports. Bank of America began coverage on Digital Realty Trust in a research report on Monday, May 19th. They issued a "buy" rating and a $210.00 price objective for the company. Scotiabank dropped their price target 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. Wall Street Zen upgraded shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a report on Sunday, June 1st. New Street Research upgraded Digital Realty Trust to a "hold" rating in a research report on Monday, April 28th. Finally, Mizuho increased their target price on shares of Digital Realty Trust from $177.00 to $191.00 and gave the company an "outperform" rating in a report on Tuesday, June 17th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and a consensus target price of $187.16.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Mark R. Patterson sold 175 shares of the business's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $176.50, for a total transaction of $30,887.50. Following the completion of the sale, the director directly owned 6,522 shares in the company, valued at $1,151,133. The trade was a 2.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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.