Teacher Retirement System of Texas Has $7.65 Million Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Teacher Retirement System of Texas increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 31.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 43,136 shares of the real estate investment trust's stock after purchasing an additional 10,210 shares during the quarter. Teacher Retirement System of Texas' holdings in Digital Realty Trust were worth $7,649,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DLR. Daiwa Securities Group Inc. raised its position in Digital Realty Trust by 2.5% in the third quarter. Daiwa Securities Group Inc. now owns 4,843,432 shares of the real estate investment trust's stock valued at $783,812,000 after purchasing an additional 117,461 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in 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 buying an additional 3,607,802 shares during the period. Principal Financial Group Inc. lifted its holdings in Digital Realty Trust by 2.0% in the 4th quarter. Principal Financial Group Inc. now owns 3,950,237 shares of the real estate investment trust's stock worth $700,486,000 after buying an additional 79,322 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Digital Realty Trust by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,632,752 shares of the real estate investment trust's stock valued at $644,196,000 after buying an additional 122,090 shares during the last quarter. Finally, Amundi increased its position in shares of Digital Realty Trust by 10.2% during the fourth quarter. Amundi now owns 1,451,440 shares of the real estate investment trust's stock worth $262,522,000 after acquiring an additional 134,228 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

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Digital Realty Trust Stock Down 3.0 %

Shares of DLR traded down $4.45 during trading hours on Thursday, hitting $144.95. 2,706,444 shares of the company were exchanged, compared to its average volume of 1,876,127. The firm's 50 day moving average is $161.53 and its 200-day moving average is $169.97. Digital Realty Trust, Inc. has a 52 week low of $135.54 and a 52 week high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The company has a market cap of $48.80 billion, a PE ratio of 89.48, a PEG ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate 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, equities research analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders 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 annualized dividend and a dividend yield of 3.37%. Digital Realty Trust's dividend payout ratio is 301.23%.

Analysts Set New Price Targets

DLR has been the topic of a number of research analyst reports. Citizens Jmp upgraded shares of Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Truist Financial decreased their target price on Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating for the company in a research note on Monday, March 10th. JMP Securities reaffirmed a "market outperform" rating and set a $220.00 price target on shares of Digital Realty Trust in a report on Tuesday, February 18th. JPMorgan Chase & Co. upped their target price on Digital Realty Trust from $185.00 to $190.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Finally, Scotiabank raised Digital Realty Trust from a "sector perform" rating to a "sector outperform" rating and set a $208.00 price objective on the stock in a research note on Tuesday, February 18th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $179.95.

Digital Realty Trust Company 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.