Digital Realty Trust, Inc. (NYSE:DLR) is Duff & Phelps Investment Management Co.'s 4th Largest Position

Duff & Phelps Investment Management Co. raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,296,118 shares of the real estate investment trust's stock after buying an additional 10,235 shares during the period. Digital Realty Trust comprises approximately 2.8% of Duff & Phelps Investment Management Co.'s investment portfolio, making the stock its 4th biggest position. Duff & Phelps Investment Management Co. owned 0.39% of Digital Realty Trust worth $229,841,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of DLR. Private Advisor Group LLC grew its stake in Digital Realty Trust by 4.1% in the fourth quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust's stock valued at $2,400,000 after purchasing an additional 527 shares during the last quarter. AEGON ASSET MANAGEMENT UK Plc boosted its position in shares of Digital Realty Trust by 17.7% in the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust's stock worth $11,768,000 after purchasing an additional 9,959 shares in the last quarter. Capital Investment Advisors LLC grew its stake in Digital Realty Trust by 26.4% during the 4th quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust's stock worth $9,682,000 after buying an additional 11,405 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in Digital Realty Trust by 6.4% in the third quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust's stock valued at $61,643,000 after buying an additional 23,028 shares during the last quarter. Finally, Leavell Investment Management Inc. boosted its holdings in Digital Realty Trust by 74.1% in the fourth quarter. Leavell Investment Management Inc. now owns 18,283 shares of the real estate investment trust's stock worth $3,262,000 after acquiring an additional 7,781 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Up 0.6 %

Shares of Digital Realty Trust stock traded up $0.87 on Tuesday, reaching $144.16. The company had a trading volume of 507,223 shares, compared to its average volume of 1,965,905. 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 cap of $48.53 billion, a PE ratio of 89.35, a PEG ratio of 4.38 and a beta of 0.65. The firm's 50 day moving average price is $159.40 and its two-hundred day moving average price is $169.80. 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 posted its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Sell-side analysts predict 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 disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust's dividend payout ratio is currently 301.23%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on DLR. Truist Financial dropped their target price on shares of Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating on the stock in a research report on Monday, March 10th. StockNews.com lowered Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. Citizens Jmp raised shares of Digital Realty Trust to a "strong-buy" rating in a report on Monday, January 27th. Mizuho dropped their price target on shares of Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a research report on Friday. Finally, Wells Fargo & Company decreased their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $180.32.

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.