B. Metzler seel. Sohn & Co. AG Cuts Position in Digital Realty Trust, Inc. (NYSE:DLR)

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 39.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,096 shares of the real estate investment trust’s stock after selling 17,704 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Digital Realty Trust were worth $4,804,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in DLR. Alliancebernstein L.P. boosted its position in Digital Realty Trust by 91.7% during the 4th quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust’s stock worth $271,279,000 after purchasing an additional 731,690 shares during the period. Wellington Management Group LLP lifted its stake in shares of Digital Realty Trust by 4.2% during the fourth quarter. Wellington Management Group LLP now owns 325,678 shares of the real estate investment trust’s stock worth $57,752,000 after purchasing an additional 13,259 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of Digital Realty Trust by 20.4% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 22,141 shares of the real estate investment trust’s stock worth $3,926,000 after buying an additional 3,756 shares during the period. Bcwm LLC acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $8,109,000. Finally, Physician Wealth Advisors Inc. acquired a new position in Digital Realty Trust during the 4th quarter worth approximately $101,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

DLR opened at $143.34 on Tuesday. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The company’s 50-day moving average price is $159.40 and its 200 day moving average price is $169.80. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The firm has a market cap of $48.25 billion, a price-to-earnings ratio of 88.48, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. As a group, sell-side analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $1.22 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.40%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 301.23%.

Wall Street Analysts Forecast Growth

DLR has been the subject of several recent research reports. Truist Financial lowered their price objective on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a research report on Monday, March 10th. UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. Mizuho decreased their price objective on shares of Digital Realty Trust from $211.00 to $177.00 and set an “outperform” rating for the company in a research report on Friday. JPMorgan Chase & Co. lifted their target price on Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $180.32.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.