Schroder Investment Management Group Has $191.02 Million Stock Holdings in Digital Realty Trust, Inc. $DLR

Schroder Investment Management Group reduced its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 5.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,095,723 shares of the real estate investment trust’s stock after selling 58,825 shares during the period. Schroder Investment Management Group’s holdings in Digital Realty Trust were worth $191,017,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Greykasell Wealth Strategies Inc. bought a new stake in Digital Realty Trust in the 1st quarter valued at about $26,000. South Plains Financial Inc. grew its stake in Digital Realty Trust by 280.5% in the second 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. Tobam bought a new stake in shares of Digital Realty Trust during the second quarter valued at approximately $28,000. WPG Advisers LLC acquired a new position in shares of Digital Realty Trust during the first quarter worth approximately $30,000. Finally, 1 North Wealth Services LLC bought a new position in shares of Digital Realty Trust in the 1st quarter worth $31,000. Institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Wolfe Research upgraded shares of Digital Realty Trust from a “peer perform” rating to an “outperform” rating and set a $194.00 price target for the company in a research note on Monday, October 20th. Cowen restated a “hold” rating on shares of Digital Realty Trust in a report on Friday, October 24th. Barclays raised their price target on shares of Digital Realty Trust from $141.00 to $161.00 and gave the company an “underweight” rating in a research report on Monday, October 27th. Stifel Nicolaus set a $210.00 price objective on Digital Realty Trust in a report on Friday, October 24th. Finally, Daiwa Capital Markets assumed coverage on Digital Realty Trust in a report on Wednesday, October 22nd. They issued a “buy” rating and a $210.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $198.14.

Insider Buying and Selling

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of the business’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company’s stock.

Digital Realty Trust Trading Up 0.8%

NYSE:DLR opened at $160.25 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.22 and a current ratio of 2.02. The firm has a market cap of $55.05 billion, a price-to-earnings ratio of 41.41, a price-to-earnings-growth ratio of 4.13 and a beta of 0.96. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The firm has a 50-day moving average price of $168.93 and a two-hundred day moving average price of $170.65.

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

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Monday, December 15th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Monday, December 15th. Digital Realty Trust’s dividend payout ratio is presently 126.10%.

About Digital Realty Trust

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.