Knights of Columbus Asset Advisors LLC Trims Stock Position in Digital Realty Trust, Inc. $DLR

Knights of Columbus Asset Advisors LLC trimmed its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 9.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,476 shares of the real estate investment trust’s stock after selling 3,497 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Digital Realty Trust were worth $6,133,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. AE Wealth Management LLC raised its stake in shares of Digital Realty Trust by 6.9% during the third quarter. AE Wealth Management LLC now owns 1,722 shares of the real estate investment trust’s stock worth $298,000 after purchasing an additional 111 shares during the last quarter. Private Wealth Asset Management LLC increased its position in Digital Realty Trust by 37.4% during the third quarter. Private Wealth Asset Management LLC now owns 580 shares of the real estate investment trust’s stock worth $100,000 after purchasing an additional 158 shares during the last quarter. New York State Common Retirement Fund lifted its stake in shares of Digital Realty Trust by 7.1% in the 3rd quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock valued at $40,379,000 after purchasing an additional 15,569 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Digital Realty Trust by 11.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 111,389 shares of the real estate investment trust’s stock valued at $19,257,000 after purchasing an additional 11,068 shares in the last quarter. Finally, Ballentine Partners LLC raised its stake in shares of Digital Realty Trust by 1.9% during the third quarter. Ballentine Partners LLC now owns 7,317 shares of the real estate investment trust’s stock valued at $1,265,000 after purchasing an additional 133 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on DLR. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday. UBS Group set a $189.00 price target on shares of Digital Realty Trust in a report on Wednesday, January 14th. Hsbc Global Res raised shares of Digital Realty Trust from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 15th. JPMorgan Chase & Co. increased their target price on Digital Realty Trust from $200.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, October 24th. Finally, Citigroup lifted their price target on shares of Digital Realty Trust from $200.00 to $212.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $193.22.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.13% of the stock is currently owned by company insiders.

Digital Realty Trust Stock Up 2.5%

Digital Realty Trust stock opened at $167.35 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $182.48. The firm has a market capitalization of $57.48 billion, a price-to-earnings ratio of 43.24, a PEG ratio of 3.81 and a beta of 1.11. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.02. The company’s 50 day simple moving average is $157.63 and its 200 day simple moving average is $166.06.

Digital Realty Trust (NYSE:DLR) last posted 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 business had revenue of $1.58 billion during the quarter. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Monday, December 15th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.9%. The ex-dividend date was Monday, December 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 126.10%.

About Digital Realty Trust

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.