Empire Life Investments Inc. increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 11.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,622 shares of the real estate investment trust’s stock after acquiring an additional 3,910 shares during the period. Empire Life Investments Inc.’s holdings in Digital Realty Trust were worth $4,399,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in DLR. Amica Retiree Medical Trust acquired a new position in Digital Realty Trust during the third quarter worth $102,000. Grove Bank & Trust grew its holdings in Digital Realty Trust by 1,284.6% during the third quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock worth $106,000 after acquiring an additional 835 shares during the period. Thompson Siegel & Walmsley LLC grew its holdings in Digital Realty Trust by 4,984.2% during the third quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock worth $114,000 after acquiring an additional 947 shares during the period. Fieldpoint Private Securities LLC acquired a new position in Digital Realty Trust during the third quarter worth $134,000. Finally, SeaCrest Wealth Management LLC acquired a new position in Digital Realty Trust during the fourth quarter worth $165,000. 99.99% of the stock is currently owned by hedge funds and other institutional investors.
In related news, SVP Christopher Kenney sold 10,000 shares of the stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $103.47, for a total transaction of $1,034,700.00. Following the transaction, the senior vice president now directly owns 10,000 shares in the company, valued at $1,034,700. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.40% of the company’s stock.
Shares of Digital Realty Trust, Inc. (DLR) opened at $103.14 on Monday. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.25 and a quick ratio of 0.25. Digital Realty Trust, Inc. has a 12-month low of $96.56 and a 12-month high of $127.23. The stock has a market capitalization of $21,192.21, a price-to-earnings ratio of 102.12, a PEG ratio of 2.32 and a beta of 0.01.
Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, February 15th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.52 by ($1.18). Digital Realty Trust had a net margin of 10.10% and a return on equity of 4.03%. The company had revenue of $731.45 million during the quarter, compared to analysts’ expectations of $729.30 million. sell-side analysts anticipate that Digital Realty Trust, Inc. will post 6.54 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 15th will be given a $1.01 dividend. This is an increase from Digital Realty Trust’s previous quarterly dividend of $0.93. This represents a $4.04 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Wednesday, March 14th. Digital Realty Trust’s dividend payout ratio is currently 368.32%.
Digital Realty Trust Profile
Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.
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