QRG Capital Management Inc. Has $545,000 Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

QRG Capital Management Inc. raised its stake in Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 19.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,050 shares of the real estate investment trust’s stock after acquiring an additional 666 shares during the quarter. QRG Capital Management Inc.’s holdings in Digital Realty Trust were worth $545,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Schechter Investment Advisors LLC grew its position in shares of Digital Realty Trust by 18.5% during the 3rd quarter. Schechter Investment Advisors LLC now owns 3,269 shares of the real estate investment trust’s stock worth $396,000 after purchasing an additional 511 shares in the last quarter. Lyell Wealth Management LP raised its position in shares of Digital Realty Trust by 12.0% in the 4th quarter. Lyell Wealth Management LP now owns 48,347 shares of the real estate investment trust’s stock valued at $6,507,000 after buying an additional 5,197 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Digital Realty Trust by 2.8% during the 3rd quarter. American Century Companies Inc. now owns 720,618 shares of the real estate investment trust’s stock worth $87,209,000 after acquiring an additional 19,931 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Digital Realty Trust by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,236,434 shares of the real estate investment trust’s stock valued at $435,559,000 after purchasing an additional 85,262 shares in the last quarter. Finally, Metis Global Partners LLC lifted its stake in Digital Realty Trust by 9.0% during the fourth quarter. Metis Global Partners LLC now owns 62,182 shares of the real estate investment trust’s stock worth $8,368,000 after purchasing an additional 5,157 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the firm’s 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 sale, the director now directly owns 8,413 shares in the company, valued at approximately $1,224,091.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.39% of the company’s stock.

Digital Realty Trust Stock Down 0.8 %

Shares of Digital Realty Trust stock opened at $143.83 on Friday. Digital Realty Trust, Inc. has a one year low of $86.33 and a one year high of $154.18. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.29 and a quick ratio of 1.29. The stock’s 50-day moving average is $141.48 and its 200 day moving average is $139.06. The firm has a market cap of $44.94 billion, a price-to-earnings ratio of 39.95 and a beta of 0.55.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.39%. Digital Realty Trust’s payout ratio is presently 135.56%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Evercore ISI restated an “outperform” rating and set a $154.00 price objective on shares of Digital Realty Trust in a research report on Wednesday, March 27th. StockNews.com cut shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. UBS Group raised their target price on shares of Digital Realty Trust from $143.00 to $147.00 and gave the company a “neutral” rating in a research report on Friday, May 3rd. Barclays upped their price target on shares of Digital Realty Trust from $110.00 to $119.00 and gave the stock an “underweight” rating in a report on Tuesday, March 5th. Finally, Citigroup raised their price objective on Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, February 29th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $142.65.

View Our Latest Report on DLR

Digital Realty Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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