Wealthfront Advisers LLC Acquires 17,117 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Wealthfront Advisers LLC grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 37.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,863 shares of the real estate investment trust's stock after acquiring an additional 17,117 shares during the quarter. Wealthfront Advisers LLC's holdings in Digital Realty Trust were worth $11,147,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. OneDigital Investment Advisors LLC lifted its position in Digital Realty Trust by 3.2% in the third quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust's stock worth $305,000 after purchasing an additional 59 shares during the period. Stolper Co lifted its holdings in shares of Digital Realty Trust by 0.5% during the fourth quarter. Stolper Co now owns 12,648 shares of the real estate investment trust's stock valued at $2,243,000 after acquiring an additional 64 shares during the period. Bleakley Financial Group LLC lifted its holdings in shares of Digital Realty Trust by 1.5% during the fourth quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust's stock valued at $769,000 after acquiring an additional 64 shares during the period. TD Private Client Wealth LLC lifted its holdings in shares of Digital Realty Trust by 6.6% during the third quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust's stock valued at $176,000 after acquiring an additional 67 shares during the period. Finally, Catalina Capital Group LLC lifted its holdings in shares of Digital Realty Trust by 3.1% during the fourth quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust's stock valued at $424,000 after acquiring an additional 72 shares during the period. 99.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DLR. JMP Securities restated a "market outperform" rating and issued a $220.00 target price on shares of Digital Realty Trust in a research note on Tuesday, February 18th. UBS Group upgraded Digital Realty Trust from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $147.00 to $205.00 in a research report on Tuesday, January 7th. JPMorgan Chase & Co. boosted their target price on Digital Realty Trust from $185.00 to $190.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Barclays boosted their target price on Digital Realty Trust from $135.00 to $142.00 and gave the company an "underweight" rating in a research note on Monday, November 18th. Finally, StockNews.com cut Digital Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, February 22nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $180.11.

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Digital Realty Trust Stock Performance

Shares of NYSE DLR opened at $146.98 on Wednesday. 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 stock's fifty day moving average price is $167.42 and its two-hundred day moving average price is $170.08. Digital Realty Trust, Inc. has a one year low of $135.54 and a one year high of $198.00. The firm has a market cap of $49.48 billion, a price-to-earnings ratio of 90.73, a P/E/G ratio of 4.38 and a beta of 0.65.

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

Digital Realty Trust Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date is Friday, March 14th. Digital Realty Trust's dividend payout ratio is 301.23%.

Insider Activity

In other news, CFO Matt Mercier sold 2,518 shares of the company's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.17% of the company's stock.

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.

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