Fidelis Capital Partners LLC Takes $650,000 Position in Digital Realty Trust, Inc. (NYSE:DLR)

Fidelis Capital Partners LLC purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 4,025 shares of the real estate investment trust's stock, valued at approximately $650,000.

Other institutional investors have also recently made changes to their positions in the company. Investment Partners LTD. bought a new stake in shares of Digital Realty Trust during the 4th quarter valued at about $221,000. B&I Capital AG purchased a new stake in shares of Digital Realty Trust during the 4th quarter valued at $8,086,000. Jones Financial Companies Lllp boosted its stake in shares of Digital Realty Trust by 56.1% in the 4th quarter. Jones Financial Companies Lllp now owns 80,791 shares of the real estate investment trust's stock valued at $14,327,000 after purchasing an additional 29,037 shares in the last quarter. SRS Capital Advisors Inc. lifted its stake in shares of Digital Realty Trust by 502.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 241 shares of the real estate investment trust's stock valued at $43,000 after acquiring an additional 201 shares during the last quarter. Finally, Norden Group LLC purchased a new stake in Digital Realty Trust during the 4th quarter valued at about $200,000. Institutional investors own 99.71% of the company's stock.

Insider Activity

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the business's stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.17% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Barclays lifted their price target on Digital Realty Trust from $135.00 to $142.00 and gave the stock an "underweight" rating in a research note on Monday, November 18th. Citizens Jmp raised shares of Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Stifel Nicolaus increased their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. upped their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a "hold" rating to a "buy" rating and raised their target price for the stock from $185.00 to $194.00 in a research note on Wednesday, January 15th. 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 issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $181.00.

Digital Realty Trust Stock Down 3.3 %

Digital Realty Trust stock traded down $5.17 during mid-day trading on Thursday, reaching $152.12. The stock had a trading volume of 276,897 shares, compared to its average volume of 2,413,901. The company has a market capitalization of $51.21 billion, a price-to-earnings ratio of 94.25, a PEG ratio of 4.38 and a beta of 0.65. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. Digital Realty Trust, Inc. has a one year low of $135.54 and a one year high of $198.00. The company has a 50-day moving average price of $169.84 and a two-hundred day moving average price of $170.01.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly 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 expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Friday, March 14th. Digital Realty Trust's dividend payout ratio is currently 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.