Centaurus Financial Inc. Sells 57 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Centaurus Financial Inc. decreased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.9% during the third quarter, Holdings Channel reports. The firm owned 1,391 shares of the real estate investment trust’s stock after selling 57 shares during the quarter. Centaurus Financial Inc.’s holdings in Digital Realty Trust were worth $225,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC grew its holdings in shares of Digital Realty Trust by 15,301.1% in the third quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust’s stock worth $299,433,000 after acquiring an additional 1,838,278 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of Digital Realty Trust by 543.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust’s stock valued at $220,068,000 after purchasing an additional 1,773,591 shares during the period. Wulff Hansen & CO. increased its position in shares of Digital Realty Trust by 15,105.0% during the 2nd quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust’s stock valued at $121,006,000 after purchasing an additional 790,596 shares during the last quarter. Electron Capital Partners LLC lifted its stake in shares of Digital Realty Trust by 220.7% in the 2nd quarter. Electron Capital Partners LLC now owns 1,041,594 shares of the real estate investment trust’s stock worth $158,374,000 after purchasing an additional 716,816 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Digital Realty Trust by 16.8% in the second quarter. Daiwa Securities Group Inc. now owns 4,725,971 shares of the real estate investment trust’s stock worth $718,584,000 after buying an additional 678,165 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. HSBC raised shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and increased their price objective for the stock from $124.00 to $160.00 in a research note on Friday, October 4th. Argus lowered Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Truist Financial lifted their target price on Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Stifel Nicolaus upped their price target on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, Raymond James lifted their price objective 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. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $170.37.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $195.31 on Thursday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a market capitalization of $64.79 billion, a P/E ratio of 164.13, a price-to-earnings-growth ratio of 5.12 and a beta of 0.59. Digital Realty Trust, Inc. has a 1-year low of $130.00 and a 1-year high of $195.93. The company’s 50-day moving average is $171.67 and its 200 day moving average is $157.53.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the previous year, the company posted $1.62 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Research analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date is Friday, December 13th. Digital Realty Trust’s payout ratio is presently 410.08%.

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.