Goelzer Investment Management Inc. Has $861,000 Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Goelzer Investment Management Inc. trimmed its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,856 shares of the real estate investment trust’s stock after selling 182 shares during the period. Goelzer Investment Management Inc.’s holdings in Digital Realty Trust were worth $861,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Digital Realty Trust by 501.7% in the third 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 buying an additional 3,607,802 shares during the last quarter. Pathway Financial Advisers LLC raised its stake in shares of Digital Realty Trust by 15,301.1% in the 3rd quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust’s stock valued at $299,433,000 after acquiring an additional 1,838,278 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in Digital Realty Trust in the 3rd quarter worth approximately $132,980,000. Sycomore Asset Management bought a new stake in Digital Realty Trust during the third quarter worth approximately $80,915,000. Finally, Ghisallo Capital Management LLC acquired a new position in Digital Realty Trust during the second quarter valued at approximately $76,025,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 1.6 %

Shares of DLR opened at $180.56 on Friday. Digital Realty Trust, Inc. has a 12 month low of $131.42 and a 12 month high of $198.00. The stock has a market cap of $59.89 billion, a price-to-earnings ratio of 151.73, a P/E/G ratio of 4.64 and a beta of 0.64. The company has a 50-day moving average price of $183.37 and a two-hundred day moving average price of $167.71. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The business’s revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the company earned $1.62 earnings per share. Equities analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend was Friday, December 13th. Digital Realty Trust’s payout ratio is 410.08%.

Analysts Set New Price Targets

Several research firms recently issued reports on DLR. TD Cowen upped their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Jefferies Financial Group upped their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a report on Friday, October 25th. Barclays boosted their price objective on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research report on Monday, November 18th. HSBC raised Digital Realty Trust from a “reduce” rating to a “hold” rating and raised their target price for the company from $124.00 to $160.00 in a report on Friday, October 4th. Finally, Evercore ISI upped their price target on Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $178.89.

Insider Activity at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is currently owned by insiders.

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.