Tealwood Asset Management Inc. reduced its position in Digital Realty Trust, Inc. (NYSE:DLR) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,699 shares of the real estate investment trust’s stock after selling 889 shares during the quarter. Digital Realty Trust accounts for approximately 3.1% of Tealwood Asset Management Inc.’s holdings, making the stock its 2nd biggest holding. Tealwood Asset Management Inc.’s holdings in Digital Realty Trust were worth $8,280,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of DLR. Carret Asset Management LLC increased its position in shares of Digital Realty Trust by 1.0% during the second quarter. Carret Asset Management LLC now owns 3,236 shares of the real estate investment trust’s stock worth $366,000 after acquiring an additional 31 shares during the period. Scotia Capital Inc. increased its position in shares of Digital Realty Trust by 1.7% during the second quarter. Scotia Capital Inc. now owns 10,399 shares of the real estate investment trust’s stock worth $1,175,000 after acquiring an additional 170 shares during the period. Albion Financial Group UT increased its position in shares of Digital Realty Trust by 1.3% during the second quarter. Albion Financial Group UT now owns 19,401 shares of the real estate investment trust’s stock worth $2,191,000 after acquiring an additional 255 shares during the period. Mutual of America Capital Management LLC increased its position in shares of Digital Realty Trust by 1.5% during the second quarter. Mutual of America Capital Management LLC now owns 19,340 shares of the real estate investment trust’s stock worth $2,184,000 after acquiring an additional 292 shares during the period. Finally, Lazard Asset Management LLC increased its position in shares of Digital Realty Trust by 1.2% during the second quarter. Lazard Asset Management LLC now owns 27,338 shares of the real estate investment trust’s stock worth $3,087,000 after acquiring an additional 313 shares during the period. 98.34% of the stock is currently owned by institutional investors.

DLR has been the topic of a number of research reports. ValuEngine raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Wells Fargo & Co raised shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $109.31 to $120.00 in a research report on Friday, December 22nd. Zacks Investment Research downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Monday. KeyCorp reiterated a “buy” rating and set a $130.00 price objective on shares of Digital Realty Trust in a research note on Tuesday, September 26th. Finally, TheStreet downgraded shares of Digital Realty Trust from a “b” rating to a “c+” rating in a research note on Monday, October 30th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $123.40.

Digital Realty Trust, Inc. (DLR) traded up $0.34 during midday trading on Friday, hitting $107.30. 1,463,048 shares of the stock were exchanged, compared to its average volume of 1,310,000. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.85. Digital Realty Trust, Inc. has a 1 year low of $101.70 and a 1 year high of $127.23. The company has a market capitalization of $22,040.00, a P/E ratio of 87.24, a PEG ratio of 2.17 and a beta of -0.09.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.40 by $1.11. The firm had revenue of $609.90 million for the quarter, compared to the consensus estimate of $595.49 million. Digital Realty Trust had a net margin of 11.71% and a return on equity of 5.15%. The company’s quarterly revenue was up 11.6% on a year-over-year basis. During the same period last year, the firm earned $1.44 earnings per share. equities research analysts expect that Digital Realty Trust, Inc. will post 6.1 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 15th were paid a $0.93 dividend. The ex-dividend date was Thursday, December 14th. This represents a $3.72 annualized dividend and a yield of 3.47%. Digital Realty Trust’s dividend payout ratio (DPR) is 302.44%.

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Digital Realty Trust Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

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

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