Xponance Inc. Has $8.38 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Xponance Inc. lifted its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 5.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,240 shares of the real estate investment trust's stock after acquiring an additional 2,561 shares during the period. Xponance Inc.'s holdings in Digital Realty Trust were worth $8,377,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Daiwa Securities Group Inc. raised its holdings in Digital Realty Trust by 2.5% during the 3rd quarter. Daiwa Securities Group Inc. now owns 4,843,432 shares of the real estate investment trust's stock worth $783,812,000 after buying an additional 117,461 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings 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. raised its holdings in Digital Realty Trust by 2.0% during 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 during the period. Charles Schwab Investment Management Inc. raised its holdings in Digital Realty Trust by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,632,752 shares of the real estate investment trust's stock worth $644,196,000 after buying an additional 122,090 shares during the period. Finally, Amundi raised its holdings in Digital Realty Trust by 10.2% during the 4th quarter. Amundi now owns 1,451,440 shares of the real estate investment trust's stock worth $262,522,000 after buying an additional 134,228 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

Several analysts have commented on DLR shares. JMP Securities restated a "market outperform" rating and set a $220.00 target price on shares of Digital Realty Trust in a report on Tuesday, February 18th. UBS Group upgraded shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Citizens Jmp upgraded shares of Digital Realty Trust to a "strong-buy" rating in a report on Monday, January 27th. Truist Financial lowered their price objective on shares of Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating on the stock in a report on Monday, March 10th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a "hold" rating to a "buy" rating and lifted their price objective for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Digital Realty Trust has a consensus rating of "Moderate Buy" and a consensus price target of $179.95.

Digital Realty Trust Stock Performance

Shares of DLR traded down $0.65 during midday trading on Friday, reaching $150.76. 4,766,080 shares of the stock were exchanged, compared to its average volume of 1,867,575. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The company has a market cap of $50.75 billion, a P/E ratio of 93.06, a PEG ratio of 4.38 and a beta of 0.65. The stock's 50 day simple moving average is $162.82 and its 200 day simple moving average is $169.91.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates 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, sell-side analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current 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 paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date is Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is presently 301.23%.

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.