Yousif Capital Management LLC Sells 1,362 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Yousif Capital Management LLC trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 54,780 shares of the real estate investment trust’s stock after selling 1,362 shares during the quarter. Yousif Capital Management LLC’s holdings in Digital Realty Trust were worth $7,372,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Digital Realty Trust by 2.1% during the third quarter. Vanguard Group Inc. now owns 47,390,848 shares of the real estate investment trust’s stock worth $5,735,240,000 after acquiring an additional 971,032 shares during the last quarter. FMR LLC increased its stake in Digital Realty Trust by 4.8% during the third quarter. FMR LLC now owns 8,647,509 shares of the real estate investment trust’s stock worth $1,046,522,000 after acquiring an additional 394,682 shares during the last quarter. Morgan Stanley increased its stake in Digital Realty Trust by 6.8% during the third quarter. Morgan Stanley now owns 4,426,189 shares of the real estate investment trust’s stock worth $535,658,000 after acquiring an additional 282,825 shares during the last quarter. Northern Trust Corp increased its stake in Digital Realty Trust by 4.3% during the third quarter. Northern Trust Corp now owns 3,887,691 shares of the real estate investment trust’s stock worth $470,488,000 after acquiring an additional 160,730 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Digital Realty Trust by 6.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,151,172 shares of the real estate investment trust’s stock worth $381,355,000 after acquiring an additional 180,869 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Up 0.3 %

Digital Realty Trust stock opened at $141.00 on Thursday. The business has a fifty day moving average of $141.82 and a two-hundred day moving average of $136.48. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.92. The firm has a market cap of $44.03 billion, a P/E ratio of 47.34, a P/E/G ratio of 3.15 and a beta of 0.54. Digital Realty Trust, Inc. has a twelve month low of $86.33 and a twelve month high of $154.18.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a dividend of $1.22 per share. The ex-dividend date was Thursday, March 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.46%. Digital Realty Trust’s dividend payout ratio is currently 164.31%.

Insiders Place Their Bets

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total transaction of $494,700.00. Following the transaction, the director now directly owns 8,413 shares of the company’s stock, valued at $1,224,091.50. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.39% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on DLR shares. Citigroup boosted their price objective on Digital Realty Trust from $154.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, February 29th. StockNews.com lowered Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Raymond James boosted their target price on Digital Realty Trust from $140.00 to $170.00 and gave the company a “strong-buy” rating in a research report on Friday, February 16th. Scotiabank lowered Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 target price for the company. in a research report on Friday, February 16th. Finally, JPMorgan Chase & Co. boosted their target price on Digital Realty Trust from $125.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, February 20th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Digital Realty Trust has an average rating of “Hold” and a consensus price target of $143.33.

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.