Crossmark Global Holdings Inc. Sells 823 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Crossmark Global Holdings Inc. lessened its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,049 shares of the real estate investment trust’s stock after selling 823 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Digital Realty Trust were worth $2,846,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Adirondack Trust Co. raised its position in shares of Digital Realty Trust by 68.6% in the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 81 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Digital Realty Trust during the fourth quarter valued at approximately $35,000. Versant Capital Management Inc boosted its holdings in shares of Digital Realty Trust by 480.6% in the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 173 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of Digital Realty Trust in the 3rd quarter valued at $38,000. Finally, First Financial Corp IN acquired a new position in shares of Digital Realty Trust during the 4th quarter worth $42,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $182.40 on Thursday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $60.50 billion, a PE ratio of 153.28, a P/E/G ratio of 4.48 and a beta of 0.64. The firm has a fifty day simple moving average of $183.16 and a 200 day simple moving average of $167.31. Digital Realty Trust, Inc. has a twelve month low of $131.42 and a twelve month high of $198.00.

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

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were paid a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.68%. Digital Realty Trust’s dividend payout ratio is currently 410.08%.

Insider Activity at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.17% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and raised their price objective for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. HSBC raised shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and lifted their price target for the company from $124.00 to $160.00 in a report on Friday, October 4th. Hsbc Global Res raised shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a research note on Friday, October 4th. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their target price for the stock from $185.00 to $194.00 in a research note on Wednesday, January 15th. Finally, Barclays increased their price target on Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a research note on Monday, November 18th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $177.32.

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.