Schroder Investment Management Group Purchases 173,519 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Schroder Investment Management Group raised its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 16.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,221,433 shares of the real estate investment trust's stock after purchasing an additional 173,519 shares during the quarter. Schroder Investment Management Group owned 0.37% of Digital Realty Trust worth $215,241,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Sierra Ocean LLC bought a new stake in Digital Realty Trust in the 4th quarter valued at approximately $29,000. FNY Investment Advisers LLC acquired a new position in Digital Realty Trust during the fourth quarter worth $35,000. Fairway Wealth LLC bought a new position in Digital Realty Trust in the fourth quarter valued at $35,000. Versant Capital Management Inc grew its position in Digital Realty Trust by 480.6% in the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 173 shares in the last quarter. Finally, Centricity Wealth Management LLC acquired a new stake in Digital Realty Trust in the 4th quarter valued at $37,000. 99.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on DLR. UBS Group raised Digital Realty Trust from a "neutral" rating to a "buy" rating and lifted their target price for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and upped their price objective for the stock from $185.00 to $194.00 in a research note on Wednesday, January 15th. Mizuho lowered their target price on shares of Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a report on Friday, March 28th. Wells Fargo & Company cut their price target on shares of Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. Finally, Truist Financial dropped their target price on shares of Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating on the stock in a report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Digital Realty Trust has a consensus rating of "Moderate Buy" and an average price target of $184.33.

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Digital Realty Trust Price Performance

Shares of NYSE DLR traded down $5.80 during trading hours on Thursday, hitting $142.88. 1,190,293 shares of the stock were exchanged, compared to its average volume of 1,972,621. The company's fifty day simple moving average is $157.98 and its two-hundred day simple moving average is $169.56. The company has a market cap of $48.10 billion, a PE ratio of 88.20, 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. Digital Realty Trust, Inc. has a 1-year low of $135.54 and a 1-year high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping 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%. On average, sell-side analysts predict 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. Investors of record on Friday, March 14th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust's dividend payout ratio is 301.23%.

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.