Ossiam Sells 2,314 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Ossiam decreased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 16.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,045 shares of the real estate investment trust’s stock after selling 2,314 shares during the period. Ossiam’s holdings in Digital Realty Trust were worth $1,621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Gladstone Institutional Advisory LLC grew its position in shares of Digital Realty Trust by 1.2% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 6,301 shares of the real estate investment trust’s stock valued at $848,000 after acquiring an additional 72 shares during the period. Schechter Investment Advisors LLC lifted its stake in shares of Digital Realty Trust by 2.4% during the 4th quarter. Schechter Investment Advisors LLC now owns 3,347 shares of the real estate investment trust’s stock valued at $450,000 after buying an additional 78 shares in the last quarter. Blair William & Co. IL lifted its stake in shares of Digital Realty Trust by 0.6% during the 3rd quarter. Blair William & Co. IL now owns 17,883 shares of the real estate investment trust’s stock valued at $2,164,000 after buying an additional 99 shares in the last quarter. Gables Capital Management Inc. lifted its stake in shares of Digital Realty Trust by 62.5% during the 4th quarter. Gables Capital Management Inc. now owns 260 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 100 shares in the last quarter. Finally, First Financial Corp IN lifted its stake in shares of Digital Realty Trust by 46.6% during the 4th quarter. First Financial Corp IN now owns 324 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 103 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Evercore ISI restated an “outperform” rating and set a $154.00 target price on shares of Digital Realty Trust in a research note on Wednesday, March 27th. TD Cowen lifted their target price on shares of Digital Realty Trust from $116.00 to $122.00 and gave the company a “hold” rating in a research note on Friday, May 3rd. Royal Bank of Canada lifted their target price on shares of Digital Realty Trust from $144.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, June 3rd. Truist Financial lifted their target price on shares of Digital Realty Trust from $145.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, March 18th. Finally, Stifel Nicolaus boosted their price target on shares of Digital Realty Trust from $155.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, February 16th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Digital Realty Trust presently has a consensus rating of “Hold” and a consensus target price of $144.65.

Check Out Our Latest Stock Analysis on Digital Realty Trust

Digital Realty Trust Stock Performance

Shares of NYSE:DLR opened at $149.12 on Tuesday. The company has a market capitalization of $46.59 billion, a price-to-earnings ratio of 41.42 and a beta of 0.57. Digital Realty Trust, Inc. has a 12 month low of $102.54 and a 12 month high of $154.18. The firm’s 50-day moving average is $142.24 and its 200 day moving average is $140.51. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.91.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $4.88 annualized dividend and a yield of 3.27%. Digital Realty Trust’s payout ratio is 135.56%.

Digital Realty Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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