Sora Investors LLC decreased its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 19.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 64,127 shares of the real estate investment trust's stock after selling 15,873 shares during the quarter. Sora Investors LLC's holdings in Digital Realty Trust were worth $11,372,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of DLR. Sierra Ocean LLC bought a new stake in shares of Digital Realty Trust during the fourth quarter worth $29,000. FNY Investment Advisers LLC bought a new stake in shares of Digital Realty Trust during the fourth quarter worth $35,000. Fairway Wealth LLC bought a new stake in shares of Digital Realty Trust during the fourth quarter worth $35,000. Centricity Wealth Management LLC bought a new stake in shares of Digital Realty Trust during the fourth quarter worth $37,000. Finally, Crews Bank & Trust bought a new stake in shares of Digital Realty Trust during the fourth quarter worth $42,000. Institutional investors own 99.71% of the company's stock.
Analysts Set New Price Targets
A number of equities research analysts recently commented on DLR shares. Barclays decreased their price objective on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a research note on Thursday, March 20th. Citigroup decreased their price objective on 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. New Street Research raised Digital Realty Trust to a "hold" rating in a research note on Monday, April 28th. Citizens Jmp raised Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Finally, StockNews.com cut Digital Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, February 22nd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Digital Realty Trust currently has an average rating of "Moderate Buy" and a consensus target price of $185.10.
Get Our Latest Report on DLR
Digital Realty Trust Stock Up 0.4%
Shares of DLR stock traded up $0.64 on Monday, hitting $170.69. 1,113,343 shares of the stock were exchanged, compared to its average volume of 1,976,439. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $57.49 billion, a P/E ratio of 105.36, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93. The business has a 50-day moving average of $152.53 and a 200 day moving average of $167.25. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00.
Digital Realty Trust (NYSE:DLR - Get Free Report) last released its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the company posted $1.67 earnings per share. Digital Realty Trust's revenue was up 5.7% on a year-over-year basis. Equities analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.
Digital Realty Trust Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 2.86%. Digital Realty Trust's payout ratio is presently 456.07%.
Digital Realty Trust Profile
(
Free Report)
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.
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