Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC increased its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 14.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,584 shares of the real estate investment trust's stock after buying an additional 8,568 shares during the quarter. Corient Private Wealth LLC's holdings in Digital Realty Trust were worth $12,340,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in DLR. OneDigital Investment Advisors LLC increased its position in Digital Realty Trust by 3.2% during the third quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust's stock valued at $305,000 after acquiring an additional 59 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Digital Realty Trust by 9.2% during the third quarter. Empowered Funds LLC now owns 4,937 shares of the real estate investment trust's stock valued at $799,000 after buying an additional 417 shares during the last quarter. Claro Advisors LLC purchased a new position in shares of Digital Realty Trust in the 3rd quarter valued at approximately $223,000. Thrivent Financial for Lutherans raised its position in shares of Digital Realty Trust by 3.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 64,320 shares of the real estate investment trust's stock valued at $10,409,000 after purchasing an additional 1,960 shares during the last quarter. Finally, Banque Cantonale Vaudoise raised its position in shares of Digital Realty Trust by 14.9% in the 3rd quarter. Banque Cantonale Vaudoise now owns 24,534 shares of the real estate investment trust's stock valued at $3,970,000 after purchasing an additional 3,182 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

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Digital Realty Trust Trading Down 0.4 %

NYSE:DLR traded down $0.65 during mid-day trading on Friday, reaching $150.76. The company's stock had a trading volume of 4,766,080 shares, compared to its average volume of 1,867,575. The stock has a market cap of $50.75 billion, a P/E ratio of 93.06, a P/E/G ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month 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's fifty day simple moving average is $162.82 and its two-hundred day simple moving average is $169.91.

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

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.24%. Digital Realty Trust's dividend payout ratio is presently 301.23%.

Wall Street Analysts Forecast Growth

DLR has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a "hold" rating to a "buy" rating and raised their price objective for the stock from $185.00 to $194.00 in a research note on Wednesday, January 15th. Wells Fargo & Company decreased their price objective on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock in a report on Tuesday, February 4th. JPMorgan Chase & Co. raised their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the company an "overweight" rating in a report on Friday, February 14th. UBS Group upgraded Digital Realty Trust from a "neutral" rating to a "buy" rating and raised their price objective for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Finally, Barclays reduced their price target on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating on the stock in a report on Thursday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of "Moderate Buy" and an average price target of $179.95.

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.