The most recent disclosure that PGGM Investments submitted to the Securities and Exchange Commission (SEC) indicated that the investment firm increased its stake in Digital Realty Trust, INC (NYSE: DLR) during the third quarter of 2018. (SEC).
The fund purchased 601,099 real estate investment trust shares at approximately $59,617,000.
Digital Realty Trust is the 27th largest holding that PGGM Investments has, responsible for approximately 1% of the total assets the company owns.
PGGM Investments owns 0.21% of Digital Realty Trust, as stated in the most recent report filed with the Securities and Exchange Commission by Digital Realty Trust (SEC).
Alterations have been made to the holdings of DLR that several other institutional investors also made.
The amount of Digital Realty Trust that Centersquare Investment Management LLC held increased by 29.4% over the first three months of 2018.
After making an additional purchase of 610,266 shares during the most recent quarter, Centersquare Investment Management LLC now has a total of 2,685,997 shares of the real estate investment trust, collectively worth a total of $380,875,000.
This brings the company’s total number of shares to 2,685,997.
During the first three months of 2018, Renaissance Technologies LLC increased its investment in Digital Realty Trust by purchasing additional shares, bringing its total investment to $60,645,000.
During the second quarter, New Capital Management L.P.
Accomplished an increase of 196.4 percent in the percentage of Digital Realty Trust shares that it owned.
Aew Capital Management L.P. now has 610,186 shares of the real estate investment trust following the purchase of an additional 404,585 shares during the most recent quarter.
The combined value of all of Aew Capital Management L.P.’s 610,186 shares is a total of $79,220,000.
During the second quarter, Prudential Financial INC increased the number of shares it owned in Digital Realty Trust by 75.4%, bringing the total number of shares it owned to 1.
Prudential Financial INC has added 390,282 new shares to its holdings in the real estate investment trust, bringing the total number of shares it owns in the REIT to 908,179.
This gives the company’s holdings a value of $115,921,000.
And finally, during the second quarter, Goldman Sachs Group INC increased the number of shares of Digital Realty Trust that it owned by 31.1%, bringing the total number of shares it possessed to a total of 1. Goldman Sachs Group INC now has 1,638,840 real estate investment trust shares following purchasing an additional 388,827 shares during the most recent quarter.
The value of the company’s combined holdings of these shares is a total of $212,771,000. Various hedge funds and other institutional investors own 95.0% of the stock.
The price of one share of DLR stock was $111.30 per share on Friday.
DLR stock has a market capitalization of $32 billion, a price-to-earnings ratio of 22.85, a price-to-earnings-growth ratio of 2.42, and a beta value of 0.53.
Its price-to-earnings ratio is currently growing at a rate of 2.42 percent.
Digital Realty Trust, INC hit a low point over the past 52 weeks of $85.76, while the company reached a high point over the past 52 weeks of $153.50.
The stock price has a moving average of 50 days of $106.22, and its moving average of 200 days is $110.13, respectively.
The quick ratio is 0.64, the current ratio is also 0.64, and the debt-to-equity ratio is 0.94.
The debt-to-equity ratio is the highest of the three ratios.
The company just recently declared and distributed a quarterly dividend, which was paid out on January 13 of this year.
In addition, the company just recently announced and distributed a dividend. On December 15, dividend payments to stockholders who were already on record were sent out.
Each payment was $1.22.
This results in a yield of 4.38 percent and an annual dividend payment of 4.88 dollars.
The dividend payment was made on Wednesday, December 14, the month of December, and the day of the week.
The dividend payout ratio (DPR) for Digital Realty Trust is currently at 100.21%.
In related news, on Friday, November 18, Director Jean F. H.
P.
Mandeville sold 1,000 shares of the company’s stock, bringing the total number of shares she has sold to 1 000.
The price at which the shares were sold was $111.01 on average, bringing the total amount received from the stock sale to $111,010.00.
Because of the transaction, the director now owns 11,676 shares of the company, and the total value of those shares is $1,296.152.76. Clicking on the link provided in the previous sentence will take you to a page where you can read the legal documents sent to the Securities and Exchange Commission regarding the transaction.
The company insiders’ current ownership of the company’s shares is 0.41%.
During the most recent period, several research analysts were allowed to share their perspectives on the transacted DLR shares.
Morgan Stanley rated Digital Realty Trust as “equal weight” in a research note published on Wednesday, October 26, and decreased their target price for the company from $140.00 to $107.00.
The price objective that Raymond James set for Digital Realty Trust has decreased from $165 to $155, but the firm has kept its “strong-buy” rating. On Wednesday, the results of the analysis were made public.
In a research report released on December 14, Wells Fargo & Company downgraded the stock from “overweight” to “equal weight” and lowered their price target on Digital Realty Trust from $120.00 to $115.00.
In addition, they dropped it from “overweight” to “equal weight.” Instead of maintaining its previous rating of “neutral,” Credit Suisse Group rated Digital Realty Trust as “underperforming” in a report made public on January 3.
In addition, they lowered their price objective for the stock from $90.00 to $80.00, which was previously set at $90.00.
In a research report released on December 19, Barclays gave the company an “underweight” rating and lowered their price objective for Digital Realty Trust from $80.00 to $80.00.
In addition, Barclays lowered its price objective for Digital Realty Trust.
Both of these actions were taken as a direct reaction to recent developments in the market. Six analysts have given the company a buy rating; six analysts have given the company a hold rating; one analyst has given the company a strong buy rating; and three analysts have recommended that investors sell their shares.
According to information obtained from Bloomberg.com, the majority of market analysts have assigned the company a recommendation of “Hold,” and their price target for the company is set at an average of $131.07 per share.
