National Bank of Canada FI raised its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 32.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 290,966 shares of the real estate investment trust's stock after purchasing an additional 70,823 shares during the quarter. National Bank of Canada FI owned about 0.09% of Digital Realty Trust worth $51,609,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently made changes to their positions in DLR. HighPoint Advisor Group LLC grew its position in Digital Realty Trust by 5.6% in the 4th quarter. HighPoint Advisor Group LLC now owns 5,343 shares of the real estate investment trust's stock valued at $885,000 after buying an additional 284 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of Digital Realty Trust by 91.7% in the 4th quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust's stock worth $271,279,000 after acquiring an additional 731,690 shares during the period. Wellington Management Group LLP increased its stake in shares of Digital Realty Trust by 4.2% during the fourth quarter. Wellington Management Group LLP now owns 325,678 shares of the real estate investment trust's stock valued at $57,752,000 after acquiring an additional 13,259 shares during the period. O Shaughnessy Asset Management LLC lifted its position in Digital Realty Trust by 20.4% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 22,141 shares of the real estate investment trust's stock worth $3,926,000 after purchasing an additional 3,756 shares during the period. Finally, Bcwm LLC acquired a new position in shares of Digital Realty Trust during the 4th quarter valued at $8,109,000. Institutional investors own 99.71% of the company's stock.
Digital Realty Trust Stock Down 5.3 %
Shares of NYSE DLR traded down $7.94 during mid-day trading on Thursday, reaching $140.74. The company had a trading volume of 3,789,216 shares, compared to its average volume of 1,984,955. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The company has a market capitalization of $47.38 billion, a price-to-earnings ratio of 86.87, a PEG ratio of 4.38 and a beta of 0.65. The stock has a fifty day moving average of $157.12 and a two-hundred day moving average of $169.36. Digital Realty Trust, Inc. has a 12-month low of $135.54 and a 12-month high of $198.00.
Digital Realty Trust (NYSE:DLR - Get Free Report) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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, equities research analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.
Digital Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a $1.22 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.47%. Digital Realty Trust's dividend payout ratio (DPR) is currently 301.23%.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and upped their price objective for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Citizens Jmp raised shares of Digital Realty Trust to a "strong-buy" rating in a report on Monday, January 27th. StockNews.com cut shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, February 22nd. JPMorgan Chase & Co. increased their target price on shares of 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, Truist Financial decreased their price target on shares of Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating on the stock in a research report on Monday, March 10th. Two analysts have rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $184.33.
Read Our Latest Stock Analysis on DLR
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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