Aew Capital Management L P Lowers Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Aew Capital Management L P decreased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 979,135 shares of the real estate investment trust’s stock after selling 17,400 shares during the quarter. Digital Realty Trust makes up approximately 4.8% of Aew Capital Management L P’s portfolio, making the stock its 5th biggest position. Aew Capital Management L P’s holdings in Digital Realty Trust were worth $131,772,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Schechter Investment Advisors LLC boosted its holdings in shares of Digital Realty Trust by 2.4% during the 4th quarter. Schechter Investment Advisors LLC now owns 3,347 shares of the real estate investment trust’s stock valued at $450,000 after acquiring an additional 78 shares in the last quarter. Panagora Asset Management Inc. boosted its holdings in shares of Digital Realty Trust by 1.1% during the 3rd quarter. Panagora Asset Management Inc. now owns 9,175 shares of the real estate investment trust’s stock valued at $1,110,000 after acquiring an additional 97 shares in the last quarter. Blair William & Co. IL boosted its holdings in shares of Digital Realty Trust by 0.6% during the 3rd quarter. Blair William & Co. IL now owns 17,883 shares of the real estate investment trust’s stock valued at $2,164,000 after acquiring an additional 99 shares in the last quarter. Lmcg Investments LLC boosted its holdings in shares of Digital Realty Trust by 2.2% during the 3rd quarter. Lmcg Investments LLC now owns 4,620 shares of the real estate investment trust’s stock valued at $559,000 after acquiring an additional 100 shares in the last quarter. Finally, First Financial Corp IN boosted its holdings in shares of Digital Realty Trust by 46.6% during the 4th quarter. First Financial Corp IN now owns 324 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 103 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Transactions at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of Digital Realty Trust stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total value of $494,700.00. Following the completion of the transaction, the director now directly owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.39% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Scotiabank downgraded Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 price objective on the stock. in a report on Friday, February 16th. Wells Fargo & Company raised Digital Realty Trust from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $135.00 to $155.00 in a report on Tuesday, April 9th. Evercore ISI reaffirmed an “outperform” rating and set a $154.00 target price on shares of Digital Realty Trust in a report on Wednesday, March 27th. Stifel Nicolaus lifted their target price on Digital Realty Trust from $155.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, February 16th. Finally, Raymond James lifted their target price on Digital Realty Trust from $140.00 to $170.00 and gave the stock a “strong-buy” rating in a report on Friday, February 16th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Hold” and a consensus target price of $143.33.

Digital Realty Trust Trading Up 1.0 %

Shares of DLR stock traded up $1.36 during mid-day trading on Friday, hitting $142.85. The company’s stock had a trading volume of 1,798,142 shares, compared to its average volume of 1,956,292. The company’s fifty day simple moving average is $141.81 and its 200-day simple moving average is $136.68. Digital Realty Trust, Inc. has a 52 week low of $86.33 and a 52 week high of $154.18. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market cap of $44.61 billion, a PE ratio of 48.10, a P/E/G ratio of 3.20 and a beta of 0.54.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.42%. The ex-dividend date was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 164.31%.

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.