15,951 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Bought by Hall Capital Management Co. Inc.

Hall Capital Management Co. Inc. purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,951 shares of the real estate investment trust's stock, valued at approximately $2,829,000. Digital Realty Trust makes up approximately 1.3% of Hall Capital Management Co. Inc.'s portfolio, making the stock its 25th largest holding.

Several other large investors have also recently made changes to their positions in DLR. Norges Bank acquired a new position in Digital Realty Trust during the 4th quarter valued at about $3,858,428,000. Northern Trust Corp increased its position in Digital Realty Trust by 57.5% during the 4th quarter. Northern Trust Corp now owns 5,080,550 shares of the real estate investment trust's stock valued at $900,934,000 after buying an additional 1,854,748 shares in the last quarter. Deutsche Bank AG increased its position in Digital Realty Trust by 66.6% during the 4th quarter. Deutsche Bank AG now owns 3,081,821 shares of the real estate investment trust's stock valued at $546,499,000 after buying an additional 1,232,043 shares in the last quarter. Alliancebernstein L.P. increased its position in Digital Realty Trust by 91.7% during the 4th quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust's stock valued at $271,279,000 after buying an additional 731,690 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Digital Realty Trust during the 4th quarter valued at about $125,336,000. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Performance

Shares of DLR traded up $2.74 during mid-day trading on Thursday, reaching $172.32. 2,204,601 shares of the company's stock traded hands, compared to its average volume of 1,976,783. The business's 50-day moving average price is $155.60 and its 200-day moving average price is $166.91. The stock has a market capitalization of $58.04 billion, a P/E ratio of 106.37, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00.

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, beating analysts' consensus estimates of $1.73 by $0.04. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. The company had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.43 billion. During the same quarter in the previous year, the company posted $1.67 earnings per share. The business's revenue for the quarter was up 5.7% compared to the same quarter last year. Equities analysts predict 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 disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.83%. Digital Realty Trust's payout ratio is 456.07%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on DLR shares. Oppenheimer started coverage on Digital Realty Trust in a research note on Wednesday, May 14th. They set an "outperform" rating and a $200.00 price target on the stock. Citigroup dropped their price target on Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. 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 downgraded Digital Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th. Finally, Wells Fargo & Company dropped 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 equities research analysts have rated the stock with a sell rating, five have given a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Digital Realty Trust presently has an average rating of "Moderate Buy" and an average price target of $185.10.

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.