Janus Henderson Group PLC boosted its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 12.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 101,815 shares of the real estate investment trust's stock after acquiring an additional 10,994 shares during the period. Janus Henderson Group PLC's holdings in Digital Realty Trust were worth $16,478,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Simplicity Wealth LLC lifted its stake in shares of Digital Realty Trust by 18.1% in the 2nd quarter. Simplicity Wealth LLC now owns 4,171 shares of the real estate investment trust's stock valued at $634,000 after purchasing an additional 639 shares during the period. Czech National Bank increased its holdings in Digital Realty Trust by 16.0% in the second quarter. Czech National Bank now owns 61,836 shares of the real estate investment trust's stock valued at $9,402,000 after purchasing an additional 8,538 shares during the last quarter. Securian Asset Management Inc. lifted its stake in Digital Realty Trust by 4.5% in the second quarter. Securian Asset Management Inc. now owns 18,584 shares of the real estate investment trust's stock valued at $2,826,000 after buying an additional 806 shares during the period. Occidental Asset Management LLC boosted its holdings in Digital Realty Trust by 8.3% during the second quarter. Occidental Asset Management LLC now owns 10,331 shares of the real estate investment trust's stock worth $1,571,000 after buying an additional 792 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its position in shares of Digital Realty Trust by 0.6% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 36,558 shares of the real estate investment trust's stock worth $5,559,000 after buying an additional 230 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research analysts recently weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. HSBC raised shares of Digital Realty Trust from a "reduce" rating to a "hold" rating and lifted their price target for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. TD Cowen upped their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a "hold" rating in a research report on Friday, October 25th. Truist Financial lifted their target price on Digital Realty Trust from $168.00 to $202.00 and gave the stock a "buy" rating in a report on Tuesday, November 12th. Finally, Scotiabank increased their price target on Digital Realty Trust from $157.00 to $178.00 and gave the stock a "sector perform" rating in a report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $170.37.
Check Out Our Latest Stock Analysis on DLR
Digital Realty Trust Stock Up 0.8 %
Shares of NYSE DLR traded up $1.61 during mid-day trading on Friday, hitting $192.69. The company had a trading volume of 2,073,824 shares, compared to its average volume of 2,090,059. Digital Realty Trust, Inc. has a one year low of $130.00 and a one year high of $198.00. The company has a market capitalization of $63.92 billion, a PE ratio of 161.92, a price-to-earnings-growth ratio of 5.07 and a beta of 0.62. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The firm has a 50-day simple moving average of $176.11 and a two-hundred day simple moving average of $160.04.
Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.58). Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the company posted $1.62 EPS. The company's quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities analysts expect that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.
Digital Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.88 annualized dividend and a yield of 2.53%. Digital Realty Trust's dividend payout ratio (DPR) is currently 410.08%.
Digital Realty Trust Company Profile
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Free Report)
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.
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