Cbre Investment Management Listed Real Assets LLC Purchases 111,811 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Cbre Investment Management Listed Real Assets LLC increased its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 136.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 193,543 shares of the real estate investment trust's stock after acquiring an additional 111,811 shares during the period. Cbre Investment Management Listed Real Assets LLC owned about 0.06% of Digital Realty Trust worth $34,321,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Atria Investments Inc grew its holdings in Digital Realty Trust by 9.0% during the fourth quarter. Atria Investments Inc now owns 10,444 shares of the real estate investment trust's stock valued at $1,852,000 after purchasing an additional 862 shares during the period. Smithfield Trust Co grew its holdings in Digital Realty Trust by 600.0% during the fourth quarter. Smithfield Trust Co now owns 350 shares of the real estate investment trust's stock valued at $61,000 after purchasing an additional 300 shares during the period. Keybank National Association OH grew its holdings in Digital Realty Trust by 9.1% during the fourth quarter. Keybank National Association OH now owns 22,251 shares of the real estate investment trust's stock valued at $3,946,000 after purchasing an additional 1,856 shares during the period. Commerzbank Aktiengesellschaft FI bought a new position in Digital Realty Trust during the fourth quarter valued at $339,000. Finally, Synergy Investment Management LLC bought a new position in Digital Realty Trust during the fourth quarter valued at $142,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.17% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Citizens Jmp raised Digital Realty Trust to a "strong-buy" rating in a report on Monday, January 27th. Stifel Nicolaus raised their price target on Digital Realty Trust from $195.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, November 21st. JPMorgan Chase & Co. raised their price target on Digital Realty Trust from $185.00 to $190.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. UBS Group raised Digital Realty Trust from a "neutral" rating to a "buy" rating and raised their price target for the stock from $147.00 to $205.00 in a report on Tuesday, January 7th. Finally, Scotiabank raised Digital Realty Trust from a "sector perform" rating to a "sector outperform" rating and set a $208.00 price objective for the company in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $181.00.

Digital Realty Trust Price Performance

NYSE DLR traded up $1.81 during trading hours on Wednesday, reaching $157.48. 2,016,042 shares of the stock traded hands, compared to its average volume of 2,468,032. The stock has a 50 day simple moving average of $169.84 and a two-hundred day simple moving average of $170.01. Digital Realty Trust, Inc. has a 1 year low of $135.54 and a 1 year high of $198.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The company has a market cap of $53.01 billion, a price-to-earnings ratio of 97.21, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping 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%. On average, analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $1.22 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.10%. Digital Realty Trust's dividend payout ratio is currently 301.23%.

About Digital Realty Trust

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.