Trust Co. of Vermont Has $838,000 Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Trust Co. of Vermont trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR) by 30.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,229 shares of the real estate investment trust’s stock after selling 2,777 shares during the quarter. Trust Co. of Vermont’s holdings in Digital Realty Trust were worth $838,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of DLR. PNC Financial Services Group Inc. lifted its stake in shares of Digital Realty Trust by 7.7% in the third quarter. PNC Financial Services Group Inc. now owns 33,787 shares of the real estate investment trust’s stock worth $4,089,000 after buying an additional 2,415 shares during the last quarter. Rafferty Asset Management LLC increased its position in Digital Realty Trust by 9.0% during the third quarter. Rafferty Asset Management LLC now owns 33,817 shares of the real estate investment trust’s stock worth $4,093,000 after acquiring an additional 2,805 shares during the period. Korea Investment CORP increased its position in Digital Realty Trust by 98.5% during the third quarter. Korea Investment CORP now owns 197,771 shares of the real estate investment trust’s stock worth $23,934,000 after acquiring an additional 98,159 shares during the period. QRG Capital Management Inc. bought a new position in Digital Realty Trust during the third quarter worth $409,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in Digital Realty Trust during the third quarter worth $1,016,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Down 0.4 %

Digital Realty Trust stock traded down $0.59 during trading hours on Monday, reaching $149.33. 110,801 shares of the company’s stock traded hands, compared to its average volume of 1,976,815. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.29 and a current ratio of 1.29. Digital Realty Trust, Inc. has a fifty-two week low of $102.54 and a fifty-two week high of $154.18. The firm has a market capitalization of $46.66 billion, a price-to-earnings ratio of 41.48, a PEG ratio of 19.73 and a beta of 0.57. The firm’s 50 day moving average is $142.97 and its 200-day moving average is $140.86.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $1.22 per share. The ex-dividend date is Friday, June 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.27%. Digital Realty Trust’s payout ratio is presently 135.56%.

Analyst Ratings Changes

DLR has been the topic of several analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Digital Realty Trust from $125.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, February 20th. Morgan Stanley boosted their price target on shares of Digital Realty Trust from $100.00 to $108.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd. Wells Fargo & Company raised shares of Digital Realty Trust from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $135.00 to $155.00 in a report on Tuesday, April 9th. Citigroup boosted their price target on shares of Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, February 29th. Finally, Royal Bank of Canada boosted their target price on shares of Digital Realty Trust from $144.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, June 3rd. Three analysts have rated the stock with a sell rating, seven have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $144.65.

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.