Digital Realty Trust, Inc. (NYSE:DLR) Stock Position Decreased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 10.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 124,956 shares of the real estate investment trust's stock after selling 15,213 shares during the quarter. Nisa Investment Advisors LLC's holdings in Digital Realty Trust were worth $17,905,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in DLR. Greenleaf Trust boosted its stake in shares of Digital Realty Trust by 3.9% during the first quarter. Greenleaf Trust now owns 4,630 shares of the real estate investment trust's stock worth $663,000 after buying an additional 172 shares during the period. Valeo Financial Advisors LLC boosted its stake in shares of Digital Realty Trust by 16.8% during the first quarter. Valeo Financial Advisors LLC now owns 4,077 shares of the real estate investment trust's stock worth $584,000 after buying an additional 586 shares during the period. Stratos Investment Management LLC boosted its stake in shares of Digital Realty Trust by 56.0% during the first quarter. Stratos Investment Management LLC now owns 23,427 shares of the real estate investment trust's stock worth $3,357,000 after buying an additional 8,407 shares during the period. Brown Advisory Inc. boosted its stake in shares of Digital Realty Trust by 25.2% during the first quarter. Brown Advisory Inc. now owns 8,174 shares of the real estate investment trust's stock worth $1,171,000 after buying an additional 1,644 shares during the period. Finally, Alpha Cubed Investments LLC boosted its stake in shares of Digital Realty Trust by 102.6% during the first quarter. Alpha Cubed Investments LLC now owns 402,525 shares of the real estate investment trust's stock worth $57,678,000 after buying an additional 203,799 shares during the period. Hedge funds and other institutional investors own 99.71% of the company's stock.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mark R. Patterson sold 175 shares of the business's stock in a transaction 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 $1,151,133. The trade was a 2.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.13% of the stock is owned by corporate insiders.

Digital Realty Trust Stock Down 0.4%

Shares of NYSE:DLR traded down $0.69 during midday trading on Thursday, hitting $170.49. 1,217,242 shares of the company's stock traded hands, compared to its average volume of 2,017,960. 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 company has a market cap of $57.42 billion, a PE ratio of 159.34, a P/E/G ratio of 2.60 and a beta of 0.95. The firm's fifty day moving average price is $171.49 and its two-hundred day moving average price is $164.32. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its 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. The business had revenue of $1.41 billion for 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%. The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.67 EPS. On average, equities research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were issued a $1.22 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.86%. Digital Realty Trust's dividend payout ratio is currently 456.07%.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of recent analyst reports. Bank of America initiated coverage on shares of 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. Wall Street Zen upgraded shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a research report on Sunday, June 1st. Guggenheim started coverage on shares of Digital Realty Trust in a research note on Wednesday. They set a "neutral" rating for the company. Citigroup dropped their price objective on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Finally, New Street Research raised shares of Digital Realty Trust to a "hold" rating in a research note on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $187.16.

Digital Realty Trust Company 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.