Romano Brothers AND Company Sells 215 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Romano Brothers AND Company trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR) by 0.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 41,081 shares of the real estate investment trust’s stock after selling 215 shares during the period. Digital Realty Trust makes up about 0.9% of Romano Brothers AND Company’s holdings, making the stock its 25th largest holding. Romano Brothers AND Company’s holdings in Digital Realty Trust were worth $7,285,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of DLR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Digital Realty Trust by 501.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock worth $700,224,000 after acquiring an additional 3,607,802 shares during the last quarter. Pathway Financial Advisers LLC increased its stake 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 purchasing an additional 1,838,278 shares during the period. Point72 Asset Management L.P. acquired a new position in shares of Digital Realty Trust during the 3rd quarter worth about $132,980,000. Electron Capital Partners LLC boosted its stake in Digital Realty Trust by 220.7% during the 2nd quarter. Electron Capital Partners LLC now owns 1,041,594 shares of the real estate investment trust’s stock valued at $158,374,000 after purchasing an additional 716,816 shares during the period. Finally, Ghisallo Capital Management LLC acquired a new stake in Digital Realty Trust in the 2nd quarter valued at approximately $76,025,000. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $178.54 on Friday. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00. The firm has a market cap of $59.22 billion, a P/E ratio of 150.03, a P/E/G ratio of 4.35 and a beta of 0.64. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. The business’s fifty day moving average is $183.19 and its two-hundred day moving average is $166.69.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data 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 net margin of 8.04% and a return on equity of 2.24%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the previous year, the business posted $1.62 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. Equities research analysts forecast that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, December 13th were given a $1.22 dividend. The ex-dividend date was Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.73%. Digital Realty Trust’s payout ratio is 410.08%.

Insider Activity

In other news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.17% of the company’s stock.

Analyst Ratings Changes

DLR has been the subject of several research reports. Scotiabank increased their price objective on Digital Realty Trust from $157.00 to $178.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. HSBC raised shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and increased their price target for the company from $124.00 to $160.00 in a report on Friday, October 4th. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the company from $185.00 to $194.00 in a research report on Wednesday. JPMorgan Chase & Co. lifted their target price on Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Finally, UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their price target for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $177.32.

Digital Realty Trust 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.