Natixis Grows Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Natixis raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 35.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 230,209 shares of the real estate investment trust's stock after acquiring an additional 59,749 shares during the quarter. Natixis owned about 0.07% of Digital Realty Trust worth $40,823,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of DLR. Wilmington Savings Fund Society FSB acquired a new stake in Digital Realty Trust during the third quarter worth approximately $657,000. Synovus Financial Corp increased its stake in shares of Digital Realty Trust by 6.9% in the 3rd quarter. Synovus Financial Corp now owns 6,530 shares of the real estate investment trust's stock valued at $1,057,000 after acquiring an additional 421 shares in the last quarter. Retirement Systems of Alabama lifted its position in shares of Digital Realty Trust by 2.6% during the 3rd quarter. Retirement Systems of Alabama now owns 253,906 shares of the real estate investment trust's stock valued at $41,090,000 after acquiring an additional 6,360 shares during the period. FFG Partners LLC bought a new position in Digital Realty Trust during the third quarter worth $10,446,000. Finally, B. Riley Wealth Advisors Inc. increased its stake in Digital Realty Trust by 13.7% in the third quarter. B. Riley Wealth Advisors Inc. now owns 3,518 shares of the real estate investment trust's stock valued at $559,000 after purchasing an additional 424 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Shares of NYSE DLR traded up $2.42 during trading hours on Thursday, reaching $154.01. 1,204,894 shares of the stock traded hands, compared to its average volume of 2,037,936. The company's 50-day simple moving average is $150.42 and its two-hundred day simple moving average is $167.61. The company has a market capitalization of $51.86 billion, a P/E ratio of 95.04, a price-to-earnings-growth ratio of 4.38 and a beta of 0.92. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $198.00. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80.

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 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 research analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is presently 301.23%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and raised their target price for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. Barclays reduced their price objective on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a report on Thursday, March 20th. Citizens Jmp upgraded shares of Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Mizuho dropped their price target on shares of Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a research note on Friday, March 28th. Finally, JPMorgan Chase & Co. lifted their price objective 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. Two analysts have rated the stock with a sell rating, four have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $183.68.

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.