Capital Investment Advisors LLC Increases Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Capital Investment Advisors LLC lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 26.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,599 shares of the real estate investment trust's stock after buying an additional 11,405 shares during the quarter. Capital Investment Advisors LLC's holdings in Digital Realty Trust were worth $9,682,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of DLR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Digital Realty Trust by 501.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust's stock valued at $700,224,000 after purchasing an additional 3,607,802 shares in the last quarter. Pathway Financial Advisers LLC grew its holdings in Digital Realty Trust by 15,301.1% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust's stock valued at $299,433,000 after buying an additional 1,838,278 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Digital Realty Trust by 543.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust's stock valued at $220,068,000 after buying an additional 1,773,591 shares during the period. Point72 Asset Management L.P. purchased a new stake in shares of Digital Realty Trust in the third quarter worth about $132,980,000. Finally, Wulff Hansen & CO. boosted its position in shares of Digital Realty Trust by 15,105.0% in the second quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust's stock valued at $121,006,000 after acquiring an additional 790,596 shares during the period. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Trading Down 0.8 %

NYSE:DLR traded down $1.40 during trading hours on Monday, hitting $171.94. The company had a trading volume of 1,797,601 shares, compared to its average volume of 1,924,942. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00. The company has a market capitalization of $57.03 billion, a PE ratio of 144.49, a price-to-earnings-growth ratio of 4.91 and a beta of 0.62. The stock has a 50-day moving average price of $183.46 and a 200 day moving average price of $166.04.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.58). Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The company had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.43 billion. During the same quarter in the prior year, the firm earned $1.62 EPS. Digital Realty Trust's quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.88 annualized dividend and a yield of 2.84%. Digital Realty Trust's payout ratio is 410.08%.

Insider Transactions at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the company's stock in a transaction that occurred on 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 accessible through this hyperlink. Insiders own 0.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on DLR shares. Raymond James increased their price objective on Digital Realty Trust from $170.00 to $190.00 and gave the stock a "strong-buy" rating in a research report on Friday, October 25th. UBS Group raised Digital Realty Trust from a "neutral" rating to a "buy" rating and increased their target price for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Barclays lifted their price target 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. JPMorgan Chase & Co. raised their price objective on Digital Realty Trust from $180.00 to $185.00 and gave the company an "overweight" rating in a report on Friday, October 25th. Finally, Truist Financial upped their target price on Digital Realty Trust from $168.00 to $202.00 and gave the stock a "buy" rating in a research note on Tuesday, November 12th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $174.74.

Digital Realty Trust Company Profile

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.