Schroder Investment Management Group Sells 58,825 Shares of Digital Realty Trust, Inc. $DLR

Schroder Investment Management Group decreased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 5.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,095,723 shares of the real estate investment trust’s stock after selling 58,825 shares during the quarter. Schroder Investment Management Group owned 0.32% of Digital Realty Trust worth $191,017,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Summit Place Financial Advisors LLC raised its holdings in shares of Digital Realty Trust by 2.0% during the 2nd quarter. Summit Place Financial Advisors LLC now owns 2,857 shares of the real estate investment trust’s stock worth $498,000 after buying an additional 57 shares in the last quarter. Riverbend Wealth Management LLC increased its holdings in shares of Digital Realty Trust by 3.0% during the second quarter. Riverbend Wealth Management LLC now owns 2,043 shares of the real estate investment trust’s stock worth $356,000 after buying an additional 60 shares in the last quarter. Decatur Capital Management Inc. lifted its stake in shares of Digital Realty Trust by 0.4% in the 1st quarter. Decatur Capital Management Inc. now owns 16,312 shares of the real estate investment trust’s stock valued at $2,337,000 after acquiring an additional 61 shares during the last quarter. EP Wealth Advisors LLC boosted its holdings in shares of Digital Realty Trust by 1.3% during the 1st quarter. EP Wealth Advisors LLC now owns 4,766 shares of the real estate investment trust’s stock valued at $683,000 after acquiring an additional 63 shares in the last quarter. Finally, Telos Capital Management Inc. boosted its holdings in shares of Digital Realty Trust by 0.8% during the 2nd quarter. Telos Capital Management Inc. now owns 8,089 shares of the real estate investment trust’s stock valued at $1,410,000 after acquiring an additional 64 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Digital Realty Trust

In other news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $175.16, for a total value of $9,330,598.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

DLR has been the subject of a number of recent research reports. Weiss Ratings raised Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Stifel Nicolaus set a $210.00 price objective on shares of Digital Realty Trust in a report on Friday, October 24th. JPMorgan Chase & Co. boosted their target price on shares of Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, October 24th. Barclays raised their price target on shares of Digital Realty Trust from $141.00 to $161.00 and gave the company an “underweight” rating in a research note on Monday, October 27th. Finally, Truist Financial lifted their price target on shares of Digital Realty Trust from $199.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $198.14.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $160.25 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.22 and a current ratio of 2.02. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The company has a 50 day simple moving average of $168.93 and a two-hundred day simple moving average of $170.65. The company has a market capitalization of $55.05 billion, a PE ratio of 41.41, a P/E/G ratio of 4.13 and a beta of 0.96.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $0.15 EPS for the quarter. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. The company had revenue of $1.58 billion for the quarter. Research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, December 15th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Monday, December 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 126.10%.

Digital Realty Trust 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.