XTX Topco Ltd Lowers Position in Digital Realty Trust, Inc. $DLR

XTX Topco Ltd trimmed its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 89.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,607 shares of the real estate investment trust’s stock after selling 13,579 shares during the period. XTX Topco Ltd’s holdings in Digital Realty Trust were worth $280,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Digital Realty Trust by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 52,892,557 shares of the real estate investment trust’s stock valued at $9,220,759,000 after acquiring an additional 513,697 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Digital Realty Trust by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 8,850,818 shares of the real estate investment trust’s stock valued at $1,536,795,000 after buying an additional 196,579 shares in the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Digital Realty Trust by 63.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 7,144,737 shares of the real estate investment trust’s stock worth $1,023,769,000 after buying an additional 2,760,286 shares during the period. Northern Trust Corp boosted its stake in shares of Digital Realty Trust by 4.3% during the first quarter. Northern Trust Corp now owns 5,301,199 shares of the real estate investment trust’s stock valued at $759,609,000 after purchasing an additional 220,649 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Digital Realty Trust by 1.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,714,045 shares of the real estate investment trust’s stock valued at $675,456,000 after purchasing an additional 57,312 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Mary Hogan Preusse sold 4,166 shares of the company’s stock in a transaction on 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew Power sold 53,269 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $175.16, for a total transaction of $9,330,598.04. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 62,166 shares of company stock worth $10,814,808. Corporate insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DLR shares. Loop Capital set a $205.00 price target on shares of Digital Realty Trust in a report on Monday, October 27th. Citigroup increased their price target on shares of Digital Realty Trust from $200.00 to $212.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Barclays raised their price objective on Digital Realty Trust from $141.00 to $161.00 and gave the company an “underweight” rating in a report on Monday, October 27th. Moffett Nathanson upped their price target on shares of Digital Realty Trust from $163.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Finally, JPMorgan Chase & Co. raised their price objective on Digital Realty Trust from $200.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $198.76.

Digital Realty Trust Price Performance

DLR stock opened at $163.79 on Tuesday. The firm has a market capitalization of $56.26 billion, a P/E ratio of 42.32, a P/E/G ratio of 4.25 and a beta of 1.11. The business’s 50-day moving average is $167.50 and its two-hundred day moving average is $170.32. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $194.22. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.02.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $0.15 EPS for the quarter. The firm had revenue of $1.58 billion during the quarter. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. Analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Monday, December 15th will be issued a $1.22 dividend. The ex-dividend date is Monday, December 15th. This represents a $4.88 annualized dividend and a dividend yield of 3.0%. Digital Realty Trust’s dividend payout ratio is presently 126.10%.

Digital Realty Trust Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.