one8zero8 LLC Invests $607,000 in Digital Realty Trust, Inc. (NYSE:DLR)

one8zero8 LLC purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,425 shares of the real estate investment trust's stock, valued at approximately $607,000.

Several other large investors have also modified their holdings of the business. Choate Investment Advisors purchased a new position in shares of Digital Realty Trust during the fourth quarter valued at approximately $235,000. Natixis Advisors LLC boosted its position in shares of Digital Realty Trust by 14.5% during the fourth quarter. Natixis Advisors LLC now owns 208,886 shares of the real estate investment trust's stock valued at $37,042,000 after buying an additional 26,421 shares during the period. Zevin Asset Management LLC boosted its position in shares of Digital Realty Trust by 11.5% during the fourth quarter. Zevin Asset Management LLC now owns 80,435 shares of the real estate investment trust's stock valued at $14,264,000 after buying an additional 8,308 shares during the period. JPL Wealth Management LLC purchased a new position in shares of Digital Realty Trust during the fourth quarter valued at approximately $3,456,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of Digital Realty Trust by 0.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 111,542 shares of the real estate investment trust's stock valued at $19,780,000 after buying an additional 875 shares during the period. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Stock Up 0.2 %

Shares of DLR stock traded up $0.31 during trading hours on Thursday, reaching $151.40. 1,392,204 shares of the company's stock were exchanged, compared to its average volume of 1,860,381. The stock's 50 day moving average is $163.85 and its 200-day moving average is $169.91. The company has a market cap of $50.97 billion, a price-to-earnings ratio of 93.46, a P/E/G 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, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00.

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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, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.22%. The ex-dividend date is Friday, March 14th. Digital Realty Trust's payout ratio is 301.23%.

Analyst Ratings Changes

DLR has been the subject of several recent analyst reports. Stifel Nicolaus boosted their target price on Digital Realty Trust from $195.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. Barclays lowered their price target on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a report on Thursday. Scotiabank upgraded Digital Realty Trust from a "sector perform" rating to a "sector outperform" rating and set a $208.00 price target for the company in a report on Tuesday, February 18th. JPMorgan Chase & Co. boosted their price target on Digital Realty Trust from $185.00 to $190.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Finally, Wells Fargo & Company lowered their price target on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $179.95.

Digital Realty Trust 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.