USS Investment Management Ltd Has $11.03 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

USS Investment Management Ltd decreased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 12.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,167 shares of the real estate investment trust’s stock after selling 8,838 shares during the period. USS Investment Management Ltd’s holdings in Digital Realty Trust were worth $11,025,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Merit Financial Group LLC bought a new stake in Digital Realty Trust in the fourth quarter valued at $571,000. HB Wealth Management LLC grew its position in Digital Realty Trust by 21.7% in the 4th quarter. HB Wealth Management LLC now owns 8,250 shares of the real estate investment trust’s stock worth $1,463,000 after purchasing an additional 1,469 shares in the last quarter. Harbor Investment Advisory LLC grew its position in shares of Digital Realty Trust by 53.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 16,561 shares of the real estate investment trust’s stock valued at $2,937,000 after acquiring an additional 5,788 shares during the period. Ballentine Partners LLC grew its position in shares of Digital Realty Trust by 1.9% during the 4th quarter. Ballentine Partners LLC now owns 7,653 shares of the real estate investment trust’s stock valued at $1,357,000 after acquiring an additional 146 shares during the period. Finally, First United Bank & Trust grew its position in shares of Digital Realty Trust by 10.9% during the 4th quarter. First United Bank & Trust now owns 5,094 shares of the real estate investment trust’s stock valued at $903,000 after acquiring an additional 502 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $170.10 on Wednesday. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $57.29 billion, a P/E ratio of 105.00, a P/E/G ratio of 4.38 and a beta of 0.93. The business has a fifty day simple moving average of $153.40 and a two-hundred day simple moving average of $167.23. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.04. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Digital Realty Trust’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.67 EPS. On average, equities analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust’s dividend payout ratio is presently 456.07%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. New Street Research upgraded shares of Digital Realty Trust to a “hold” rating in a research note on Monday, April 28th. StockNews.com cut shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 22nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $193.00 target price (up previously from $190.00) on shares of Digital Realty Trust in a report on Friday, April 25th. Citigroup reduced their target price on shares of Digital Realty Trust from $188.00 to $174.00 and set a “buy” rating on the stock in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. upped their target price on Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $185.10.

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.