Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Courier Capital LLC

Courier Capital LLC lessened its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 26.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 13,925 shares of the real estate investment trust’s stock after selling 5,007 shares during the quarter. Courier Capital LLC’s holdings in Digital Realty Trust were worth $2,469,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Meeder Asset Management Inc. acquired a new position in shares of Digital Realty Trust during the 2nd quarter worth approximately $25,000. Adirondack Trust Co. raised its holdings in shares of Digital Realty Trust by 68.6% in the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 81 shares during the period. Versant Capital Management Inc grew its holdings 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 valued at $37,000 after purchasing an additional 173 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new position in Digital Realty Trust during the 3rd quarter worth $38,000. Finally, Dunhill Financial LLC raised its holdings in Digital Realty Trust by 84.4% in the third quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 124 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is owned by company insiders.

Digital Realty Trust Trading Down 0.8 %

Shares of NYSE DLR traded down $1.40 during midday trading on Monday, hitting $171.94. The stock had a trading volume of 1,797,601 shares, compared to its average volume of 1,924,942. The company has a fifty day moving average price of $183.46 and a 200 day moving average price of $166.04. The company has a market capitalization of $57.03 billion, a price-to-earnings ratio of 144.49, a PEG ratio of 4.91 and a beta of 0.62. Digital Realty Trust, Inc. has a 1-year low of $131.42 and a 1-year high of $198.00. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.58). The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. Digital Realty Trust’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.62 EPS. On average, analysts predict that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.84%. Digital Realty Trust’s payout ratio is currently 410.08%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on DLR shares. Hsbc Global Res raised Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a report on Friday, October 4th. Scotiabank raised their price objective on shares of Digital Realty Trust from $157.00 to $178.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. Evercore ISI boosted their target price on Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Wells Fargo & Company lifted their target price on shares of Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Tuesday, December 10th. Finally, Jefferies Financial Group increased their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $174.74.

Digital Realty Trust Company Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.