Universal Beteiligungs und Servicegesellschaft mbH Sells 183,530 Shares of Digital Realty Trust, Inc. $DLR

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 16.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 900,465 shares of the real estate investment trust’s stock after selling 183,530 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Digital Realty Trust were worth $155,672,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Pinnacle Bancorp Inc. acquired a new position in shares of Digital Realty Trust during the third quarter worth $25,000. South Plains Financial Inc. grew its position in shares of Digital Realty Trust by 280.5% during the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 115 shares during the period. Salomon & Ludwin LLC purchased a new position in Digital Realty Trust during the third quarter valued at $28,000. Tobam acquired a new position in Digital Realty Trust in the 2nd quarter valued at $28,000. Finally, First Horizon Corp purchased a new position in Digital Realty Trust in the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $159.75 on Wednesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.02. The firm has a 50-day moving average of $157.27 and a two-hundred day moving average of $166.42. The stock has a market cap of $54.87 billion, a P/E ratio of 41.28, a PEG ratio of 3.83 and a beta of 1.11. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $187.74.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.15 EPS for the quarter. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. The business had revenue of $1.58 billion during the quarter. On average, research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Monday, December 15th were given a dividend of $1.22 per share. The ex-dividend date was Monday, December 15th. This represents a $4.88 annualized dividend and a dividend yield of 3.1%. Digital Realty Trust’s dividend payout ratio (DPR) is 126.10%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Truist Financial raised their target price on Digital Realty Trust from $199.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Wall Street Zen cut shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. Morgan Stanley assumed coverage on shares of Digital Realty Trust in a research note on Thursday, October 16th. They issued an “equal weight” rating and a $195.00 price objective on the stock. HSBC set a $193.00 price objective on shares of Digital Realty Trust and gave the company a “buy” rating in a research report on Thursday, January 15th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Digital Realty Trust in a research note on Monday, January 5th. They issued a “buy” rating and a $180.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $193.22.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.17% of the stock is owned by company insiders.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.