Knights of Columbus Asset Advisors LLC acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 24,062 shares of the real estate investment trust's stock, valued at approximately $4,267,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Daiwa Securities Group Inc. lifted its stake in Digital Realty Trust by 2.5% in the third quarter. Daiwa Securities Group Inc. now owns 4,843,432 shares of the real estate investment trust's stock worth $783,812,000 after acquiring an additional 117,461 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Digital Realty Trust by 501.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust's stock worth $700,224,000 after purchasing an additional 3,607,802 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Digital Realty Trust by 2.0% during the fourth quarter. Principal Financial Group Inc. now owns 3,950,237 shares of the real estate investment trust's stock valued at $700,486,000 after purchasing an additional 79,322 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Digital Realty Trust by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,632,752 shares of the real estate investment trust's stock valued at $644,196,000 after buying an additional 122,090 shares during the period. Finally, Amundi raised its stake in Digital Realty Trust by 10.2% in the fourth quarter. Amundi now owns 1,451,440 shares of the real estate investment trust's stock worth $262,522,000 after buying an additional 134,228 shares in the last quarter. 99.71% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on DLR shares. StockNews.com downgraded Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 22nd. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a "hold" rating to a "buy" rating and boosted their target price for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Scotiabank upgraded shares of Digital Realty Trust from a "sector perform" rating to a "sector outperform" rating and set a $208.00 price target on the stock in a report on Tuesday, February 18th. Citizens Jmp upgraded shares of Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Finally, UBS Group upgraded shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and raised their target price for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $179.95.
Check Out Our Latest Stock Report on Digital Realty Trust
Digital Realty Trust Stock Performance
DLR traded down $2.05 during trading on Wednesday, reaching $149.37. 2,241,817 shares of the company's stock were exchanged, compared to its average volume of 1,872,663. The company's fifty day simple moving average is $162.04 and its 200-day simple moving average is $170.12. The stock has a market capitalization of $50.29 billion, a P/E ratio of 92.21, a price-to-earnings-growth 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 1 year low of $135.54 and a 1 year high of $198.00.
Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. As a group, research 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 announced 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. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.27%. Digital Realty Trust's payout ratio is 301.23%.
Digital Realty Trust Profile
(
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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