GSI Capital Advisors LLC Raises Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

GSI Capital Advisors LLC boosted its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 12.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 42,052 shares of the real estate investment trust's stock after purchasing an additional 4,637 shares during the quarter. Digital Realty Trust comprises 3.9% of GSI Capital Advisors LLC's portfolio, making the stock its 9th largest position. GSI Capital Advisors LLC's holdings in Digital Realty Trust were worth $7,457,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sierra Ocean LLC acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth $29,000. FNY Investment Advisers LLC purchased a new stake in Digital Realty Trust during the fourth quarter valued at about $35,000. Fairway Wealth LLC purchased a new position in shares of Digital Realty Trust in the 4th quarter worth about $35,000. Versant Capital Management Inc raised its holdings in shares of Digital Realty Trust by 480.6% in the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 173 shares during the period. Finally, Centricity Wealth Management LLC purchased a new stake in shares of Digital Realty Trust during the 4th quarter worth about $37,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. UBS Group raised shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and lifted their price target for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Mizuho reduced their target price on shares of Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a report on Friday, March 28th. Scotiabank upgraded Digital Realty Trust from a "sector perform" rating to a "sector outperform" rating and set a $208.00 price target for the company in a report on Tuesday, February 18th. StockNews.com cut Digital Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, February 22nd. Finally, Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and raised their target price 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, 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, Digital Realty Trust presently has an average rating of "Moderate Buy" and an average target price of $184.33.

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Digital Realty Trust Stock Down 2.6 %

Shares of DLR traded down $3.64 during midday trading on Friday, hitting $137.45. The company had a trading volume of 3,800,290 shares, compared to its average volume of 1,995,404. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a 52 week low of $135.53 and a 52 week high of $198.00. The company's 50 day moving average price is $156.26 and its 200 day moving average price is $169.20. The stock has a market cap of $46.27 billion, a price-to-earnings ratio of 84.85, a PEG ratio of 4.38 and a beta of 0.92.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced 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%. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust's dividend payout ratio is presently 301.23%.

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.