Digital Realty Trust, Inc. (NYSE:DLR) Stock Holdings Decreased by Everence Capital Management Inc.

Everence Capital Management Inc. lowered its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 23.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,730 shares of the real estate investment trust’s stock after selling 2,110 shares during the period. Everence Capital Management Inc.’s holdings in Digital Realty Trust were worth $906,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of DLR. Operose Advisors LLC bought a new stake in shares of Digital Realty Trust in the 3rd quarter worth about $27,000. Carolinas Wealth Consulting LLC grew its position in shares of Digital Realty Trust by 156.1% during the 1st quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 167 shares during the last quarter. Clear Street Markets LLC grew its position in shares of Digital Realty Trust by 28,900.0% during the 4th quarter. Clear Street Markets LLC now owns 290 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 289 shares during the last quarter. Baldwin Brothers LLC MA grew its position in shares of Digital Realty Trust by 528.6% during the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 185 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in shares of Digital Realty Trust during the 4th quarter valued at about $32,000. Institutional investors own 99.71% of the company’s stock.

Insider Activity at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 3,400 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total transaction of $494,700.00. Following the completion of the sale, the director now directly owns 8,413 shares of the company’s stock, valued at $1,224,091.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.39% of the company’s stock.

Digital Realty Trust Stock Down 0.5 %

DLR stock opened at $135.75 on Thursday. Digital Realty Trust, Inc. has a 12 month low of $86.33 and a 12 month high of $154.18. The firm has a market cap of $42.39 billion, a PE ratio of 45.71, a P/E/G ratio of 3.38 and a beta of 0.54. The firm has a 50 day simple moving average of $142.50 and a 200 day simple moving average of $135.76. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio is presently 164.31%.

Analysts Set New Price Targets

DLR has been the subject of a number of recent research reports. Stifel Nicolaus boosted their price objective on shares of Digital Realty Trust from $155.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, February 16th. Raymond James boosted their target price on shares of Digital Realty Trust from $140.00 to $170.00 and gave the company a “strong-buy” rating in a research note on Friday, February 16th. Citigroup boosted their target price on shares of Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, February 29th. JPMorgan Chase & Co. boosted their target price on shares of Digital Realty Trust from $125.00 to $140.00 and gave the company a “neutral” rating in a research note on Tuesday, February 20th. Finally, Wells Fargo & Company raised shares of Digital Realty Trust from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $135.00 to $155.00 in a research note on Tuesday, April 9th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $143.33.

Digital Realty Trust 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.