4,388 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Bought by Machina Capital S.A.S.

Machina Capital S.A.S. acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,388 shares of the real estate investment trust's stock, valued at approximately $778,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Edgestream Partners L.P. bought a new position in shares of Digital Realty Trust during the fourth quarter valued at $1,723,000. Callan Family Office LLC purchased a new position in Digital Realty Trust in the 4th quarter worth about $248,000. Candriam S.C.A. lifted its stake in Digital Realty Trust by 5.9% during the 4th quarter. Candriam S.C.A. now owns 23,234 shares of the real estate investment trust's stock valued at $4,120,000 after acquiring an additional 1,295 shares during the period. Inceptionr LLC purchased a new stake in shares of Digital Realty Trust during the 4th quarter valued at about $1,067,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Digital Realty Trust during the fourth quarter valued at approximately $125,336,000. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Price Performance

NYSE:DLR traded up $3.29 on Tuesday, reaching $148.92. 978,663 shares of the company's stock traded hands, compared to its average volume of 2,449,315. The stock has a 50-day simple moving average of $168.03 and a 200-day simple moving average of $170.12. Digital Realty Trust, Inc. has a 12 month low of $135.54 and a 12 month high of $198.00. The firm has a market cap of $50.13 billion, a PE ratio of 91.69, a P/E/G ratio of 4.38 and a beta of 0.65. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80.

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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, 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%. Equities research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $1.22 per share. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.28%. Digital Realty Trust's dividend payout ratio is 301.23%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of 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 report on Wednesday, January 15th. Stifel Nicolaus lifted their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, November 21st. StockNews.com downgraded Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 22nd. JPMorgan Chase & Co. boosted their price target on 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, Wells Fargo & Company lowered their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $180.11.

Insider Activity at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.17% of the stock is currently owned by corporate insiders.

About Digital Realty Trust

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.