Integral Investment Advisors Inc. Has $387,000 Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Integral Investment Advisors Inc. reduced its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 65.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,704 shares of the real estate investment trust's stock after selling 5,177 shares during the period. Integral Investment Advisors Inc.'s holdings in Digital Realty Trust were worth $387,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DLR. Bleakley Financial Group LLC lifted its stake in shares of Digital Realty Trust by 1.5% in the fourth quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust's stock worth $769,000 after buying an additional 64 shares during the last quarter. Colonial Trust Co SC raised its holdings in Digital Realty Trust by 33.8% in the 4th quarter. Colonial Trust Co SC now owns 285 shares of the real estate investment trust's stock worth $51,000 after acquiring an additional 72 shares during the period. Legacy Financial Advisors Inc. lifted its position in Digital Realty Trust by 5.4% during the 4th quarter. Legacy Financial Advisors Inc. now owns 1,437 shares of the real estate investment trust's stock worth $255,000 after acquiring an additional 74 shares during the last quarter. Quent Capital LLC boosted its holdings in Digital Realty Trust by 7.6% during the first quarter. Quent Capital LLC now owns 1,064 shares of the real estate investment trust's stock valued at $152,000 after acquiring an additional 75 shares during the period. Finally, Cigna Investments Inc. New grew its position in shares of Digital Realty Trust by 2.3% in the fourth quarter. Cigna Investments Inc. New now owns 3,394 shares of the real estate investment trust's stock valued at $602,000 after purchasing an additional 77 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

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 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 now directly owns 6,522 shares of the company's stock, valued at $1,151,133. This trade represents a 2.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Wall Street Zen upgraded Digital Realty Trust from a "sell" rating to a "hold" rating in a research note on Sunday, June 1st. Bank of America initiated coverage on Digital Realty Trust in a report on Monday, May 19th. They set a "buy" rating and a $210.00 price target for the company. Truist Financial lowered their price objective on shares of Digital Realty Trust from $185.00 to $184.00 and set a "buy" rating on the stock in a research note on Monday, May 12th. Citigroup dropped their target price on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Finally, Barclays dropped their price objective on shares of Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating on the stock in a report on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and an average target price of $185.10.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock traded down $2.29 during midday trading on Friday, hitting $174.24. 1,520,937 shares of the company were exchanged, compared to its average volume of 1,996,075. The firm has a 50 day simple moving average of $162.97 and a 200-day simple moving average of $166.08. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The firm has a market cap of $58.68 billion, a P/E ratio of 107.55, a PEG ratio of 4.38 and a beta of 0.95. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) 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 during the quarter, compared to analysts' expectations of $1.43 billion. During the same period last year, the business earned $1.67 earnings per share. The business's revenue was up 5.7% on a year-over-year basis. Research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date is Friday, June 13th. Digital Realty Trust's dividend payout ratio (DPR) is currently 456.07%.

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.