Wesbanco Bank Reduces Holdings in Digital Realty Trust by 10.9%

Wesbanco Bank Inc. has recently reduced its investment in Digital Realty Trust, Inc. (NYSE:DLR) by 10.9%, as reported in its latest 13F filing with the Securities and Exchange Commission (SEC). The bank sold 5,764 shares of the real estate investment trust (REIT) in the third quarter, leaving it with a total of 47,293 shares. Following the sale, Wesbanco Bank Inc.'s stake in Digital Realty Trust was valued at approximately $5.72 million.

Investment Adjustments by Other Funds

Other investment funds have also been adjusting their positions in Digital Realty Trust. For instance, Operose Advisors LLC took a new position in the third quarter, valuing around $27,000. Carolinas Wealth Consulting LLC increased its holdings significantly in the first quarter, and Clear Street Markets LLC saw a dramatic increase in the fourth quarter. Additionally, Rational Advisors LLC and Annis Gardner Whiting Capital Advisors LLC both established new stakes in the REIT during the third quarter. Overall, institutional investors hold 99.71% of Digital Realty Trust's shares.

Performance and Dividend Details

Digital Realty Trust's stock performance has been stable, with opening prices at $143.85. The company's market value stands solid with a capitalization of $44.92 billion. The stock shows a price-to-earnings ratio of 48.43 and a debt-to-equity ratio of 0.92. A quarterly dividend was also announced recently, which amounts to $1.22 per share.

Corporate Insider Activity

In the world of insider trading, a noteworthy transaction included Digital Realty Trust Director Jean F. H. P. Mandeville selling 3,400 shares at an average price of $145.50. Post-transaction, Mandeville still owns 8,413 company shares.

Analysts' Views and Company Profile

Equity analysts have varied perspectives on Digital Realty Trust with a mixture of sell, hold, and buy ratings. Digital Realty brings businesses and data together through solutions like data centers and interconnection facilities, under its PlatformDIGITAL and PDx solution methodology.

Investor Resource Information

Investors interested in following hedge fund activity and insider trades for Digital Realty Trust can look up the data on HoldingsChannel.com. Moreover, to keep up with news and analysts' ratings, one can subscribe to MarketBeat.com's daily email newsletter.

Investment, Wesbanco, DigitalRealty