Natixis Advisors LLC boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 14.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 208,886 shares of the real estate investment trust's stock after purchasing an additional 26,421 shares during the period. Natixis Advisors LLC owned about 0.06% of Digital Realty Trust worth $37,042,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Zevin Asset Management LLC boosted its position in Digital Realty Trust by 11.5% in the fourth quarter. Zevin Asset Management LLC now owns 80,435 shares of the real estate investment trust's stock worth $14,264,000 after purchasing an additional 8,308 shares during the last quarter. JPL Wealth Management LLC purchased a new position in Digital Realty Trust in the fourth quarter worth $3,456,000. Commonwealth Equity Services LLC boosted its position in Digital Realty Trust by 0.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 111,542 shares of the real estate investment trust's stock worth $19,780,000 after purchasing an additional 875 shares during the last quarter. PGGM Investments lifted its position in shares of Digital Realty Trust by 27.5% during the 4th quarter. PGGM Investments now owns 408,421 shares of the real estate investment trust's stock valued at $72,425,000 after buying an additional 88,061 shares during the last quarter. Finally, Balboa Wealth Partners lifted its position in shares of Digital Realty Trust by 53.1% during the 4th quarter. Balboa Wealth Partners now owns 2,097 shares of the real estate investment trust's stock valued at $372,000 after buying an additional 727 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.
Digital Realty Trust Stock Up 0.2 %
Shares of DLR traded up $0.31 on Thursday, reaching $151.40. The stock had a trading volume of 1,392,204 shares, compared to its average volume of 1,860,381. The firm has a market capitalization of $50.97 billion, a price-to-earnings ratio of 93.46, 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 quick ratio of 1.61 and a current ratio of 2.07. The company has a 50-day simple moving average of $163.85 and a 200-day simple moving average of $169.91. 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 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Sell-side analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.
Digital Realty Trust Dividend Announcement
The business also recently disclosed 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. This represents a $4.88 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date is Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is presently 301.23%.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. Barclays dropped their price target on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating on the stock in a research report on Thursday. Scotiabank raised 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 research report on Tuesday, February 18th. Citizens Jmp raised Digital Realty Trust to a "strong-buy" rating in a research report on Monday, January 27th. Wells Fargo & Company dropped their price target 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. Finally, StockNews.com cut Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 22nd. 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $179.95.
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About Digital Realty Trust
(
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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