Quantbot Technologies LP Invests $1.23 Million in Digital Realty Trust, Inc. (NYSE:DLR)

Quantbot Technologies LP bought a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,915 shares of the real estate investment trust's stock, valued at approximately $1,226,000.

Other large investors have also recently bought and sold shares of the company. Sierra Ocean LLC purchased a new position in Digital Realty Trust during the 4th quarter valued at about $29,000. FNY Investment Advisers LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at approximately $35,000. Fairway Wealth LLC purchased a new stake in Digital Realty Trust in the 4th quarter worth approximately $35,000. Versant Capital Management Inc boosted its stake in shares of Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 173 shares during the period. Finally, Centricity Wealth Management LLC purchased a new position in shares of Digital Realty Trust during the 4th quarter valued at $37,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on DLR shares. StockNews.com cut Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. 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 research note on Friday, February 14th. Mizuho cut their price objective on shares of Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a research report on Friday. JMP Securities reissued a "market outperform" rating and issued a $220.00 target price on shares of Digital Realty Trust in a research report on Tuesday, February 18th. Finally, Barclays cut their price target on shares of Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating on the stock in a report on Thursday, March 20th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $180.32.

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Digital Realty Trust Stock Performance

Shares of NYSE:DLR traded down $2.85 on Friday, hitting $142.10. 2,799,189 shares of the company were exchanged, compared to its average volume of 1,963,855. The company's 50 day moving average price is $160.10 and its two-hundred day moving average price is $169.84. The firm has a market capitalization of $47.84 billion, a price-to-earnings ratio of 87.71, a PEG 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. Digital Realty Trust, Inc. has a one year low of $135.54 and a one year high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly 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%. Research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

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 paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.43%. Digital Realty Trust's dividend payout ratio is currently 301.23%.

Digital Realty Trust Company 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.