Twin Capital Management Inc. Has $2.22 Million Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Twin Capital Management Inc. cut its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 25.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,498 shares of the real estate investment trust's stock after selling 4,216 shares during the quarter. Twin Capital Management Inc.'s holdings in Digital Realty Trust were worth $2,216,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Sierra Ocean LLC bought a new position in shares of Digital Realty Trust in the fourth quarter worth about $29,000. FNY Investment Advisers LLC bought a new position in Digital Realty Trust in the 4th quarter worth approximately $35,000. Fairway Wealth LLC acquired a new position in shares of Digital Realty Trust during the fourth quarter worth approximately $35,000. Versant Capital Management Inc grew its stake in shares of Digital Realty Trust by 480.6% in the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 173 shares during the last quarter. Finally, Centricity Wealth Management LLC bought a new position in Digital Realty Trust during the fourth quarter worth $37,000. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Trading Up 2.0 %

Shares of DLR stock traded up $2.81 on Friday, reaching $145.10. 1,663,350 shares of the stock were exchanged, compared to its average volume of 2,030,265. 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, Inc. has a one year low of $129.95 and a one year high of $198.00. The stock has a market cap of $48.85 billion, a PE ratio of 89.56, a P/E/G ratio of 4.38 and a beta of 0.92. The stock has a 50 day moving average price of $153.16 and a 200 day moving average price of $168.28.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Equities research analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business 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 was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.36%. Digital Realty Trust's dividend payout ratio is presently 301.23%.

Analyst Ratings Changes

A number of research analysts have recently commented on DLR shares. StockNews.com lowered shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. Citizens Jmp upgraded shares of Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Mizuho decreased their target price on shares of 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. Barclays dropped their price target on shares of Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a research report on Thursday, March 20th. Finally, Truist Financial dropped their target price on Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating for the company in a report on Monday, March 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Digital Realty Trust has a consensus rating of "Moderate Buy" and a consensus price target of $184.33.

About Digital Realty Trust

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.