Mitsubishi UFJ Trust & Banking Corp Reduces Position in Digital Realty Trust, Inc. (NYSE:DLR)

Mitsubishi UFJ Trust & Banking Corp lessened its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 265,928 shares of the real estate investment trust's stock after selling 24,904 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.08% of Digital Realty Trust worth $47,157,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in Digital Realty Trust by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 51,453,186 shares of the real estate investment trust's stock valued at $9,124,193,000 after purchasing an additional 469,823 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Digital Realty Trust by 501.7% during the third 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 position in Digital Realty Trust by 2.0% in 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 buying an additional 79,322 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Digital Realty Trust by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,632,752 shares of the real estate investment trust's stock worth $644,196,000 after buying an additional 122,090 shares during the period. Finally, Amundi raised its position in Digital Realty Trust by 10.2% during the 4th 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 during the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

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Analyst Ratings Changes

Several analysts have recently commented on the stock. Scotiabank upgraded shares of Digital Realty Trust from a "sector perform" rating to a "sector outperform" rating and set a $208.00 price objective on the stock in a research note on Tuesday, February 18th. Citizens Jmp raised Digital Realty Trust to a "strong-buy" rating in a research report on Monday, January 27th. Truist Financial reduced their price objective on Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating for the company in a research note on Monday, March 10th. JMP Securities restated a "market outperform" rating and issued a $220.00 target price on shares of Digital Realty Trust in a research note on Tuesday, February 18th. Finally, Wells Fargo & Company lowered their price objective on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $180.32.

Digital Realty Trust Trading Down 2.0 %

DLR traded down $2.85 during mid-day trading on Friday, hitting $142.10. 2,799,189 shares of the stock were exchanged, compared to its average volume of 1,963,855. The firm's fifty day moving average is $160.10 and its two-hundred day moving average is $169.84. Digital Realty Trust, Inc. has a 1-year low of $135.54 and a 1-year high of $198.00. The company has a market cap of $47.84 billion, a PE ratio of 87.71, a PEG ratio of 4.38 and a beta of 0.65. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly 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%. Equities analysts forecast 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 disclosed 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 3.43%. The ex-dividend date is Friday, March 14th. Digital Realty Trust's payout ratio is currently 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.