Digital Realty Trust, Inc. $DLR is B&I Capital AG’s 8th Largest Position

B&I Capital AG decreased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 31.6% during the third quarter, HoldingsChannel reports. The firm owned 59,341 shares of the real estate investment trust’s stock after selling 27,370 shares during the period. Digital Realty Trust comprises 3.6% of B&I Capital AG’s portfolio, making the stock its 8th largest holding. B&I Capital AG’s holdings in Digital Realty Trust were worth $10,259,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Bison Wealth LLC boosted its stake in shares of Digital Realty Trust by 17.2% during the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after purchasing an additional 390 shares in the last quarter. Empowered Funds LLC lifted its holdings in Digital Realty Trust by 9.4% during the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after buying an additional 584 shares during the period. HB Wealth Management LLC boosted its position in Digital Realty Trust by 8.2% during the 2nd quarter. HB Wealth Management LLC now owns 10,602 shares of the real estate investment trust’s stock valued at $1,848,000 after acquiring an additional 804 shares in the last quarter. Greenleaf Trust increased its holdings in shares of Digital Realty Trust by 6.5% in the 2nd quarter. Greenleaf Trust now owns 4,930 shares of the real estate investment trust’s stock valued at $859,000 after acquiring an additional 300 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Digital Realty Trust by 1.3% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 100,321 shares of the real estate investment trust’s stock worth $17,489,000 after acquiring an additional 1,293 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insiders Place Their Bets

In other news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $157.42, for a total value of $655,811.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $165.92 on Friday. The company has a 50 day moving average price of $157.81 and a 200 day moving average price of $166.02. The firm has a market capitalization of $56.99 billion, a P/E ratio of 42.87, a PEG ratio of 3.91 and a beta of 1.11. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $182.48.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Friday, October 31st. The real estate investment trust reported $0.15 earnings per share for the quarter. The company had revenue of $1.58 billion for the quarter. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. Sell-side analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Monday, December 15th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.9%. Digital Realty Trust’s payout ratio is currently 126.10%.

Wall Street Analysts Forecast Growth

DLR has been the topic of a number of recent research reports. Citigroup raised their price objective on Digital Realty Trust from $200.00 to $212.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. HSBC set a $193.00 price target on shares of Digital Realty Trust and gave the company a “buy” rating in a research report on Thursday, January 15th. Jefferies Financial Group cut their price objective on shares of Digital Realty Trust from $206.00 to $184.00 and set a “buy” rating on the stock in a research report on Tuesday, December 16th. Hsbc Global Res raised shares of Digital Realty Trust from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 15th. Finally, Mizuho lowered their target price on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $193.22.

About Digital Realty Trust

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.