Banco Santander S.A. Takes $357,000 Position in Digital Realty Trust, Inc. (NYSE:DLR)

Banco Santander S.A. acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,012 shares of the real estate investment trust's stock, valued at approximately $357,000.

A number of other large investors have also added to or reduced their stakes in the business. CWA Asset Management Group LLC acquired a new stake in Digital Realty Trust during the 3rd quarter valued at approximately $297,000. Assetmark Inc. lifted its holdings in shares of Digital Realty Trust by 7.5% in the 3rd quarter. Assetmark Inc. now owns 3,644 shares of the real estate investment trust's stock worth $590,000 after purchasing an additional 255 shares in the last quarter. Atria Investments Inc lifted its holdings in shares of Digital Realty Trust by 7.8% in the 3rd quarter. Atria Investments Inc now owns 9,582 shares of the real estate investment trust's stock worth $1,551,000 after purchasing an additional 695 shares in the last quarter. Sigma Planning Corp lifted its holdings in shares of Digital Realty Trust by 9.3% in the 3rd quarter. Sigma Planning Corp now owns 15,282 shares of the real estate investment trust's stock worth $2,473,000 after purchasing an additional 1,295 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its stake in Digital Realty Trust by 0.9% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 16,872 shares of the real estate investment trust's stock valued at $2,731,000 after acquiring an additional 151 shares in the last quarter. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Price Performance

NYSE:DLR traded down $5.90 during mid-day trading on Thursday, reaching $145.77. The stock had a trading volume of 2,442,592 shares, compared to its average volume of 2,512,487. The firm has a 50 day moving average price of $166.28 and a two-hundred day moving average price of $169.78. The stock has a market capitalization of $49.07 billion, a P/E ratio of 89.98, a P/E/G ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a one year low of $135.54 and a one year high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07.

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Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. As a group, analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $1.22 per share. The ex-dividend date is Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.35%. Digital Realty Trust's dividend payout ratio (DPR) is presently 301.23%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on DLR shares. Truist Financial dropped their price objective on Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating on the stock in a research note on Monday. JPMorgan Chase & Co. lifted their target price on Digital Realty Trust from $185.00 to $190.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Barclays lifted their target price on Digital Realty Trust from $135.00 to $142.00 and gave the stock an "underweight" rating in a research note on Monday, November 18th. StockNews.com cut Digital Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, February 22nd. Finally, Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $180.11.

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.