Jones Financial Companies Lllp Grows Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Jones Financial Companies Lllp raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 56.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 80,791 shares of the real estate investment trust's stock after purchasing an additional 29,037 shares during the quarter. Jones Financial Companies Lllp's holdings in Digital Realty Trust were worth $14,327,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of DLR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Digital Realty Trust by 501.7% during the 3rd 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 worth $700,224,000 after acquiring an additional 3,607,802 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Digital Realty Trust during the 3rd quarter worth $132,980,000. Sycomore Asset Management purchased a new stake in shares of Digital Realty Trust in the third quarter valued at $80,915,000. National Pension Service lifted its holdings in shares of Digital Realty Trust by 88.8% in the fourth quarter. National Pension Service now owns 788,426 shares of the real estate investment trust's stock valued at $139,812,000 after purchasing an additional 370,835 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Digital Realty Trust in the fourth quarter valued at $38,428,000. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Trading Down 4.7 %

Digital Realty Trust stock traded down $7.42 during mid-day trading on Thursday, reaching $149.86. 1,185,460 shares of the company traded hands, compared to its average volume of 2,436,833. 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 firm's 50 day moving average price is $169.84 and its 200 day moving average price is $170.01. The firm has a market capitalization of $50.45 billion, a price-to-earnings ratio of 92.51, a P/E/G ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a 52-week low of $135.54 and a 52-week high of $198.00.

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 analysts' consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. On average, analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $1.22 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.26%. Digital Realty Trust's dividend payout ratio is presently 301.23%.

Insider Buying and Selling

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction 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 document filed with the SEC, which is available at this hyperlink. 0.17% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on DLR shares. JMP Securities restated a "market outperform" rating and issued a $220.00 target price on shares of Digital Realty Trust in a report on Tuesday, February 18th. Barclays increased their price objective on Digital Realty Trust from $135.00 to $142.00 and gave the stock an "underweight" rating in a report on Monday, November 18th. StockNews.com lowered Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 22nd. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and raised their target price for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Finally, Scotiabank upgraded Digital Realty Trust from a "sector perform" rating to a "sector outperform" rating and set a $208.00 target price on the stock in a report on Tuesday, February 18th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $181.00.

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.