AMF Tjanstepension AB Sells 15,926 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

AMF Tjanstepension AB trimmed its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 19.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,319 shares of the real estate investment trust’s stock after selling 15,926 shares during the period. AMF Tjanstepension AB’s holdings in Digital Realty Trust were worth $9,435,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Operose Advisors LLC bought a new position in shares of Digital Realty Trust during the third quarter valued at about $27,000. Rise Advisors LLC increased its position in shares of Digital Realty Trust by 1,125.0% during the first quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 180 shares during the period. GoalVest Advisory LLC purchased a new position in shares of Digital Realty Trust during the first quarter valued at about $29,000. Baldwin Brothers LLC MA increased its position in shares of Digital Realty Trust by 528.6% during the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 185 shares during the period. Finally, Bfsg LLC purchased a new position in shares of Digital Realty Trust during the fourth quarter valued at about $31,000. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Price Performance

Shares of DLR opened at $152.05 on Friday. The company has a market capitalization of $47.50 billion, a P/E ratio of 42.24, a price-to-earnings-growth ratio of 19.47 and a beta of 0.57. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.91. The firm has a 50 day moving average of $144.67 and a 200 day moving average of $141.63. Digital Realty Trust, Inc. has a twelve month low of $108.68 and a twelve month high of $154.18.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.21%. The ex-dividend date was Friday, June 14th. Digital Realty Trust’s dividend payout ratio is currently 135.56%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Wells Fargo & Company upgraded 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 research report on Tuesday, April 9th. UBS Group upped their price objective on shares of Digital Realty Trust from $143.00 to $147.00 and gave the stock a “neutral” rating in a report on Friday, May 3rd. Evercore ISI reaffirmed an “outperform” rating and set a $154.00 target price on shares of Digital Realty Trust in a research note on Wednesday, March 27th. JPMorgan Chase & Co. raised shares of Digital Realty Trust from a “neutral” rating to an “overweight” rating and raised their target price for the company from $150.00 to $175.00 in a research note on Friday. Finally, Royal Bank of Canada raised 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 equities research analysts have rated the stock with a sell rating, six have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Hold” and a consensus price target of $148.00.

About Digital Realty Trust

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.