Green Alpha Advisors LLC Sells 1,050 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Green Alpha Advisors LLC lowered its position in Digital Realty Trust, Inc. (NYSE:DLR) by 7.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,803 shares of the real estate investment trust’s stock after selling 1,050 shares during the period. Digital Realty Trust comprises approximately 1.8% of Green Alpha Advisors LLC’s investment portfolio, making the stock its 9th biggest position. Green Alpha Advisors LLC’s holdings in Digital Realty Trust were worth $2,270,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Meeder Asset Management Inc. acquired a new position in Digital Realty Trust in the 2nd quarter worth about $25,000. Adirondack Trust Co. increased its position in shares of Digital Realty Trust by 68.6% in the third 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 in the last quarter. Versant Capital Management Inc raised its stake in shares of Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 173 shares during the period. Future Financial Wealth Managment LLC purchased a new position in shares of Digital Realty Trust during the 3rd quarter valued at approximately $38,000. Finally, Dunhill Financial LLC increased its holdings in Digital Realty Trust by 84.4% in the 3rd quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 124 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DLR has been the topic of several research analyst reports. Raymond James lifted their target price on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. raised their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. HSBC upgraded Digital Realty Trust from a “reduce” rating to a “hold” rating and raised their target price for the company from $124.00 to $160.00 in a research report on Friday, October 4th. Royal Bank of Canada boosted their price target on Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Finally, Evercore ISI raised their price objective on Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $174.74.

Insider Activity at Digital Realty Trust

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

Digital Realty Trust Trading Down 4.4 %

Shares of Digital Realty Trust stock opened at $172.86 on Monday. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a market capitalization of $57.34 billion, a price-to-earnings ratio of 145.26, a PEG ratio of 4.91 and a beta of 0.62. The stock has a 50 day moving average of $183.46 and a 200 day moving average of $166.04.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the business posted $1.62 earnings per share. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, research 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 disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.82%. Digital Realty Trust’s payout ratio is currently 410.08%.

About Digital Realty Trust

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.