Van Lanschot Kempen Investment Management N.V. Buys 12,404 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Van Lanschot Kempen Investment Management N.V. lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 94.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,478 shares of the real estate investment trust's stock after acquiring an additional 12,404 shares during the quarter. Van Lanschot Kempen Investment Management N.V.'s holdings in Digital Realty Trust were worth $4,518,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Invesco Ltd. raised its stake in Digital Realty Trust by 18.4% during the fourth quarter. Invesco Ltd. now owns 3,905,883 shares of the real estate investment trust's stock valued at $692,630,000 after buying an additional 607,132 shares in the last quarter. Private Advisor Group LLC raised its position in shares of Digital Realty Trust by 4.1% during the 4th quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust's stock worth $2,400,000 after purchasing an additional 527 shares during the period. AEGON ASSET MANAGEMENT UK Plc boosted its position in Digital Realty Trust by 17.7% during the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust's stock valued at $11,768,000 after purchasing an additional 9,959 shares during the period. Capital Investment Advisors LLC grew its stake in Digital Realty Trust by 26.4% during the 4th quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust's stock worth $9,682,000 after buying an additional 11,405 shares during the last quarter. Finally, Leavell Investment Management Inc. increased its position in Digital Realty Trust by 74.1% in the fourth quarter. Leavell Investment Management Inc. now owns 18,283 shares of the real estate investment trust's stock worth $3,262,000 after buying an additional 7,781 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Up 4.1 %

Digital Realty Trust stock traded up $6.35 during trading hours on Friday, hitting $160.10. The company had a trading volume of 3,387,601 shares, compared to its average volume of 2,047,721. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The firm has a market capitalization of $53.91 billion, a P/E ratio of 98.83, a price-to-earnings-growth ratio of 4.38 and a beta of 0.92. The firm's fifty day moving average is $150.21 and its 200-day moving average is $167.59.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping 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%. On average, research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.05%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's dividend payout ratio is 301.23%.

Analysts Set New Price Targets

DLR has been the topic of several recent research reports. 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 report on Friday, February 14th. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. UBS Group upgraded Digital Realty Trust from a "neutral" rating to a "buy" rating and raised their target price for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Scotiabank reduced their price target on Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating for the company in a research report on Tuesday. Finally, Wells Fargo & Company cut their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of "Moderate Buy" and an average target price of $183.05.

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.