Resolution Capital Ltd Has $581.64 Million Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Resolution Capital Ltd lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 15.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,279,985 shares of the real estate investment trust's stock after buying an additional 434,039 shares during the quarter. Digital Realty Trust comprises about 10.5% of Resolution Capital Ltd's portfolio, making the stock its 3rd largest holding. Resolution Capital Ltd owned approximately 0.99% of Digital Realty Trust worth $581,640,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of DLR. Stolper Co boosted its position in Digital Realty Trust by 0.5% during the fourth quarter. Stolper Co now owns 12,648 shares of the real estate investment trust's stock worth $2,243,000 after purchasing an additional 64 shares in the last quarter. Bleakley Financial Group LLC lifted its position in shares of Digital Realty Trust by 1.5% during the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust's stock valued at $769,000 after buying an additional 64 shares in the last quarter. Catalina Capital Group LLC grew its stake in Digital Realty Trust by 3.1% in the 4th quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust's stock valued at $424,000 after acquiring an additional 72 shares during the period. Colonial Trust Co SC increased 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 in the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in Digital Realty Trust by 25.9% during the fourth quarter. Sound Income Strategies LLC now owns 355 shares of the real estate investment trust's stock valued at $63,000 after purchasing an additional 73 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Price Performance

Digital Realty Trust stock traded down $1.57 during mid-day trading on Tuesday, hitting $169.22. The company's stock had a trading volume of 327,369 shares, compared to its average volume of 2,368,180. The stock has a market capitalization of $56.99 billion, a P/E ratio of 104.45, a P/E/G ratio of 4.38 and a beta of 0.93. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The stock's fifty day moving average price is $152.91 and its two-hundred day moving average price is $167.21. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.73 by $0.04. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the previous year, the business earned $1.67 earnings per share. The firm's revenue was up 5.7% compared to the same quarter last year. Research analysts forecast 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 was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $1.22 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a yield of 2.88%. Digital Realty Trust's dividend payout ratio is currently 456.07%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DLR shares. Citigroup dropped their target price on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a report on Thursday, April 17th. StockNews.com downgraded shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 22nd. Barclays lowered their target price on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating on the stock in a report on Thursday, March 20th. Jefferies Financial Group restated a "buy" rating and issued a $193.00 price target (up from $190.00) on shares of Digital Realty Trust in a research report on Friday, April 25th. Finally, Mizuho reduced their price objective on Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a research report on Friday, March 28th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $185.10.

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.