Digital Realty Trust, Inc. (NYSE:DLR - Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as $135.52 and last traded at $138.36, with a volume of 203345 shares changing hands. The stock had previously closed at $141.09.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on DLR shares. JPMorgan Chase & Co. boosted their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. UBS Group raised shares of 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 report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a "hold" rating to a "buy" rating and lifted their price target for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Barclays decreased their price objective on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a report on Thursday, March 20th. Finally, StockNews.com lowered Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $184.33.
View Our Latest Stock Analysis on DLR
Digital Realty Trust Stock Performance
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 firm has a market capitalization of $46.00 billion, a PE ratio of 84.35, a price-to-earnings-growth ratio of 4.38 and a beta of 0.92. The firm's 50 day moving average price is $156.26 and its 200-day moving average price is $169.36.
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 EPS for the quarter, beating 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, research analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.
Digital Realty Trust Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a $1.22 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.57%. Digital Realty Trust's dividend payout ratio (DPR) is 301.23%.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. Stolper Co raised its holdings in shares of Digital Realty Trust by 0.5% during the fourth quarter. Stolper Co now owns 12,648 shares of the real estate investment trust's stock valued at $2,243,000 after acquiring an additional 64 shares during the last quarter. Bleakley Financial Group LLC increased its position in shares of Digital Realty Trust by 1.5% during the fourth quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust's stock worth $769,000 after purchasing an additional 64 shares in the last quarter. TD Private Client Wealth LLC lifted its holdings in Digital Realty Trust by 6.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust's stock valued at $176,000 after purchasing an additional 67 shares in the last quarter. Catalina Capital Group LLC boosted its stake in Digital Realty Trust by 3.1% during the 4th quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust's stock worth $424,000 after purchasing an additional 72 shares during the last quarter. Finally, Colonial Trust Co SC grew its holdings in shares of Digital Realty Trust by 33.8% during the fourth quarter. Colonial Trust Co SC now owns 285 shares of the real estate investment trust's stock worth $51,000 after buying an additional 72 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.
About Digital Realty Trust
(
Get Free Report)
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.
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