Van Hulzen Asset Management LLC Has $555,000 Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Van Hulzen Asset Management LLC reduced its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR – Get Rating) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,137 shares of the real estate investment trust’s stock after selling 70 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Digital Realty Trust were worth $555,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. TCI Wealth Advisors Inc. grew its holdings in shares of Digital Realty Trust by 73.3% during the third quarter. TCI Wealth Advisors Inc. now owns 175 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 74 shares during the last quarter. Private Ocean LLC bought a new position in shares of Digital Realty Trust during the third quarter valued at about $25,000. Ten Capital Wealth Advisors LLC bought a new position in shares of Digital Realty Trust during the third quarter valued at about $26,000. FSB Premier Wealth Management Inc. bought a new position in shares of Digital Realty Trust during the fourth quarter valued at about $31,000. Finally, TAP Consulting LLC bought a new position in shares of Digital Realty Trust during the fourth quarter valued at about $33,000. Hedge funds and other institutional investors own 97.64% of the company’s stock.

DLR has been the topic of a number of recent analyst reports. Stifel Nicolaus dropped their price target on shares of Digital Realty Trust from $195.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, February 18th. Barclays raised their price target on shares of Digital Realty Trust from $148.00 to $154.00 and gave the company an “equal weight” rating in a research report on Friday, February 18th. Credit Suisse Group dropped their price target on shares of Digital Realty Trust from $150.00 to $146.00 and set a “neutral” rating on the stock in a research report on Friday, February 18th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Digital Realty Trust from $175.00 to $152.00 and set a “hold” rating on the stock in a research report on Thursday, March 3rd. Finally, Jefferies Financial Group lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $187.00 to $172.00 in a research report on Monday, January 10th. Seven analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $167.00.

Shares of NYSE DLR traded up $3.46 during midday trading on Tuesday, hitting $148.50. The company’s stock had a trading volume of 16,159 shares, compared to its average volume of 1,585,977. The stock has a fifty day moving average price of $139.50 and a 200 day moving average price of $152.05. Digital Realty Trust, Inc. has a one year low of $130.10 and a one year high of $178.22. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $42.14 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 3.10 and a beta of 0.33.

Digital Realty Trust (NYSE:DLR – Get Rating) last posted its quarterly earnings results on Thursday, February 17th. The real estate investment trust reported $3.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $3.39. Digital Realty Trust had a net margin of 38.60% and a return on equity of 10.11%. During the same period last year, the company earned $1.61 EPS. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 6.88 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Tuesday, March 15th were paid a dividend of $1.22 per share. The ex-dividend date was Monday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.29%. This is a boost from Digital Realty Trust’s previous quarterly dividend of $1.16. Digital Realty Trust’s payout ratio is currently 82.43%.

Digital Realty Trust Company Profile (Get Rating)

Digital Realty supports the world's leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITALR, the company's global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDxTM solution methodology for scaling digital business and efficiently managing data gravity challenges.

Featured Stories