Oak Thistle LLC Makes New Investment in Digital Realty Trust, Inc. (NYSE:DLR)

Oak Thistle LLC acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,743 shares of the real estate investment trust's stock, valued at approximately $664,000.

Several other large investors have also modified their holdings of DLR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in 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 valued at $700,224,000 after acquiring an additional 3,607,802 shares during the period. Pathway Financial Advisers LLC lifted its position in shares of Digital Realty Trust by 15,301.1% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust's stock worth $299,433,000 after purchasing an additional 1,838,278 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Digital Realty Trust by 543.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust's stock valued at $220,068,000 after purchasing an additional 1,773,591 shares during the period. Point72 Asset Management L.P. acquired a new stake in Digital Realty Trust in the 3rd quarter valued at approximately $132,980,000. Finally, Electron Capital Partners LLC increased its position in Digital Realty Trust by 220.7% in the 2nd quarter. Electron Capital Partners LLC now owns 1,041,594 shares of the real estate investment trust's stock worth $158,374,000 after buying an additional 716,816 shares during the period. 99.71% of the stock is owned by institutional investors.

Insider Transactions at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the firm's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.17% of the stock is owned by corporate insiders.

Digital Realty Trust Price Performance

DLR traded up $5.05 during trading on Thursday, hitting $179.96. The company's stock had a trading volume of 1,698,472 shares, compared to its average volume of 1,857,407. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $59.70 billion, a price-to-earnings ratio of 151.23, a price-to-earnings-growth ratio of 4.35 and a beta of 0.64. The firm's 50 day moving average price is $183.23 and its two-hundred day moving average price is $166.42. Digital Realty Trust, Inc. has a 12 month low of $131.42 and a 12 month high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.67 by ($1.58). The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. Digital Realty Trust's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.62 earnings per share. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.71%. The ex-dividend date is Friday, December 13th. Digital Realty Trust's dividend payout ratio (DPR) is presently 410.08%.

Analyst Ratings Changes

DLR has been the subject of several research reports. Scotiabank increased their price objective on Digital Realty Trust from $157.00 to $178.00 and gave the company a "sector perform" rating in a research report on Friday, October 25th. Evercore ISI raised their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 23rd. TD Cowen upped their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a "hold" rating in a research report on Friday, October 25th. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a "hold" rating to a "buy" rating and increased their target price for the company from $185.00 to $194.00 in a research note on Wednesday. Finally, Hsbc Global Res upgraded Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a research note on Friday, October 4th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Digital Realty Trust has a consensus rating of "Moderate Buy" and an average target price of $177.32.

Digital Realty Trust Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.