Digital Realty Trust, Inc. (NYSE:DLR) is Foresight Group Ltd Liability Partnership’s 3rd Largest Position

Foresight Group Ltd Liability Partnership reduced its position in Digital Realty Trust, Inc. (NYSE:DLR) by 5.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 163,221 shares of the real estate investment trust’s stock after selling 8,975 shares during the quarter. Digital Realty Trust comprises approximately 11.1% of Foresight Group Ltd Liability Partnership’s portfolio, making the stock its 3rd biggest position. Foresight Group Ltd Liability Partnership owned approximately 0.05% of Digital Realty Trust worth $26,414,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Gilman Hill Asset Management LLC grew its position in shares of Digital Realty Trust by 1.1% during the second quarter. Gilman Hill Asset Management LLC now owns 6,179 shares of the real estate investment trust’s stock worth $940,000 after acquiring an additional 65 shares during the last quarter. Telos Capital Management Inc. grew its position in shares of Digital Realty Trust by 0.8% during the third quarter. Telos Capital Management Inc. now owns 8,569 shares of the real estate investment trust’s stock worth $1,387,000 after acquiring an additional 71 shares during the last quarter. Gradient Investments LLC grew its position in shares of Digital Realty Trust by 75.2% during the second quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 76 shares during the last quarter. Pathway Financial Advisers LLC grew its position in Digital Realty Trust by 0.6% in the 2nd quarter. Pathway Financial Advisers LLC now owns 12,014 shares of the real estate investment trust’s stock valued at $1,820,000 after buying an additional 77 shares during the last quarter. Finally, Garrison Asset Management LLC grew its position in Digital Realty Trust by 3.6% in the 2nd quarter. Garrison Asset Management LLC now owns 2,277 shares of the real estate investment trust’s stock valued at $346,000 after buying an additional 80 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Up 0.0 %

NYSE:DLR opened at $165.21 on Wednesday. The company has a market capitalization of $51.62 billion, a PE ratio of 45.89, a price-to-earnings-growth ratio of 5.08 and a beta of 0.60. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 52-week low of $113.94 and a 52-week high of $166.29. The stock has a fifty day simple moving average of $156.48 and a 200-day simple moving average of $150.17.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate of $1.63 by ($1.43). Digital Realty Trust had a net margin of 20.58% and a return on equity of 5.93%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the previous year, the firm posted $1.68 EPS. The company’s revenue for the quarter was down .7% compared to the same quarter last year. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 6.65 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend was Friday, September 13th. Digital Realty Trust’s dividend payout ratio (DPR) is 135.56%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of Digital Realty Trust from $170.00 to $175.00 and gave the company an “overweight” rating in a research report on Thursday, October 17th. The Goldman Sachs Group assumed coverage on shares of Digital Realty Trust in a research report on Monday, July 1st. They issued a “buy” rating and a $175.00 price objective on the stock. Argus lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Mizuho began coverage on shares of Digital Realty Trust in a research report on Thursday, July 11th. They issued an “outperform” rating and a $170.00 price objective on the stock. Finally, TD Cowen reduced their target price on Digital Realty Trust from $122.00 to $120.00 and set a “hold” rating for the company in a report on Friday, July 26th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $157.17.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 600 shares of Digital Realty Trust stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $150.26, for a total value of $90,156.00. Following the completion of the sale, the director now owns 9,055 shares in the company, valued at $1,360,604.30. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is owned by company insiders.

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.