Czech National Bank boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 7.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 67,400 shares of the real estate investment trust's stock after buying an additional 4,705 shares during the period. Czech National Bank's holdings in Digital Realty Trust were worth $11,952,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of DLR. ST Germain D J Co. Inc. increased its position in Digital Realty Trust by 159.9% during the fourth quarter. ST Germain D J Co. Inc. now owns 421 shares of the real estate investment trust's stock worth $75,000 after purchasing an additional 259 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Digital Realty Trust by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 105,436 shares of the real estate investment trust's stock valued at $17,063,000 after buying an additional 1,408 shares during the period. First Hawaiian Bank increased its holdings in shares of Digital Realty Trust by 30.0% during the 4th quarter. First Hawaiian Bank now owns 3,232 shares of the real estate investment trust's stock worth $573,000 after buying an additional 745 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Digital Realty Trust in the 4th quarter worth $240,000. Finally, First County Bank CT acquired a new position in Digital Realty Trust in the fourth quarter valued at $227,000. Institutional investors and hedge funds own 99.71% of the company's stock.
Digital Realty Trust Stock Performance
DLR traded up $2.01 during trading on Tuesday, reaching $173.93. 1,537,391 shares of the company were exchanged, compared to its average volume of 1,876,965. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The firm has a 50 day moving average of $183.21 and a 200 day moving average of $166.36. The stock has a market cap of $57.69 billion, a P/E ratio of 146.16, a PEG ratio of 4.91 and a beta of 0.64.
Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $1.67 by ($1.58). The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The firm's revenue was up 2.1% on a year-over-year basis. During the same period last year, the business earned $1.62 EPS. On average, sell-side analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.
Digital Realty Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date is Friday, December 13th. Digital Realty Trust's dividend payout ratio (DPR) is 410.08%.
Analyst Ratings Changes
A number of equities analysts have recently commented on DLR shares. HSBC upgraded Digital Realty Trust from a "reduce" rating to a "hold" rating and raised their price objective for the stock from $124.00 to $160.00 in a report on Friday, October 4th. TD Cowen lifted their price target on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a "hold" rating in a research report on Friday, October 25th. Jefferies Financial Group increased their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. JPMorgan Chase & Co. lifted their target price on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an "overweight" rating in a report on Friday, October 25th. Finally, Scotiabank increased their price target on Digital Realty Trust from $157.00 to $178.00 and gave the company a "sector perform" rating in a report on Friday, October 25th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of "Moderate Buy" and a consensus price target of $174.74.
Get Our Latest Stock Report on Digital Realty Trust
Insider Activity at Digital Realty Trust
In other news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.17% of the stock is owned by insiders.
Digital Realty Trust Profile
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Free Report)
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.
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