Access Financial Services Inc. Sells 2,445 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Access Financial Services Inc. lowered its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 22.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,392 shares of the real estate investment trust’s stock after selling 2,445 shares during the period. Access Financial Services Inc.’s holdings in Digital Realty Trust were worth $1,129,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Schechter Investment Advisors LLC grew its holdings 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 valued at $396,000 after purchasing an additional 511 shares during the last quarter. American Century Companies Inc. boosted its position in 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 valued at $87,209,000 after buying an additional 19,931 shares during the period. Vanguard Group Inc. boosted its position in Digital Realty Trust by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 47,390,848 shares of the real estate investment trust’s stock valued at $5,735,240,000 after buying an additional 971,032 shares during the period. Shelton Capital Management boosted its position in Digital Realty Trust by 753.5% during the 3rd quarter. Shelton Capital Management now owns 17,897 shares of the real estate investment trust’s stock valued at $2,166,000 after buying an additional 15,800 shares during the period. Finally, Credit Suisse AG boosted its position in Digital Realty Trust by 65.0% during the 2nd quarter. Credit Suisse AG now owns 755,372 shares of the real estate investment trust’s stock valued at $86,014,000 after buying an additional 297,681 shares during the period. Institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total transaction 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.39% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of Digital Realty Trust from $125.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, February 20th. Raymond James increased their price target on shares of Digital Realty Trust from $140.00 to $170.00 and gave the company a “strong-buy” rating in a research report on Friday, February 16th. Evercore ISI reaffirmed an “outperform” rating and issued a $154.00 target price on shares of Digital Realty Trust in a research report on Wednesday. StockNews.com cut shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Finally, Citigroup raised their target price on shares of Digital Realty Trust from $154.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $141.47.

Digital Realty Trust Stock Up 0.2 %

NYSE:DLR opened at $144.00 on Friday. The firm has a market cap of $44.97 billion, a P/E ratio of 48.49, a P/E/G ratio of 3.26 and a beta of 0.54. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.14 and a current ratio of 1.14. Digital Realty Trust, Inc. has a fifty-two week low of $86.33 and a fifty-two week high of $154.18. The firm has a 50-day simple moving average of $142.65 and a two-hundred day simple moving average of $134.07.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a dividend of $1.22 per share. The ex-dividend date was Thursday, March 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.39%. Digital Realty Trust’s dividend payout ratio is currently 164.31%.

Digital Realty Trust Company 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.