XTX Topco Ltd Makes New Investment in Digital Realty Trust, Inc. (NYSE:DLR)

XTX Topco Ltd bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,205 shares of the real estate investment trust's stock, valued at approximately $2,299,000.

Other hedge funds also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new position in Digital Realty Trust in the 2nd quarter worth about $25,000. Gradient Investments LLC raised its holdings in shares of Digital Realty Trust by 75.2% during the 2nd quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 76 shares during the period. American Capital Advisory LLC acquired a new position in shares of Digital Realty Trust during the 2nd quarter valued at about $27,000. Private Ocean LLC purchased a new stake in shares of Digital Realty Trust in the second quarter valued at about $27,000. Finally, Asset Dedication LLC purchased a new position in Digital Realty Trust during the second quarter worth about $31,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Price Performance

Shares of NYSE DLR traded up $1.61 during trading on Friday, reaching $192.69. The company had a trading volume of 2,073,824 shares, compared to its average volume of 2,090,059. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $63.92 billion, a PE ratio of 161.92, a price-to-earnings-growth ratio of 5.07 and a beta of 0.62. Digital Realty Trust, Inc. has a twelve month low of $130.00 and a twelve month high of $198.00. The stock has a 50-day moving average price of $176.11 and a two-hundred day moving average price of $160.04.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.67 by ($1.58). The firm had revenue of $1.43 billion during the quarter, compared to analysts' expectations of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. Digital Realty Trust's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the company posted $1.62 earnings per share. As a group, sell-side analysts predict that Digital Realty Trust, Inc. will post 6.71 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 Friday, January 17th. Shareholders of record on Friday, December 13th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date is Friday, December 13th. Digital Realty Trust's dividend payout ratio is presently 410.08%.

Wall Street Analysts Forecast Growth

DLR has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lifted their target price on Digital Realty Trust from $180.00 to $185.00 and gave the company an "overweight" rating in a research report on Friday, October 25th. Royal Bank of Canada boosted their price objective on shares of Digital Realty Trust from $177.00 to $207.00 and gave the company an "outperform" rating in a report on Monday, October 28th. HSBC upgraded shares of Digital Realty Trust from a "reduce" rating to a "hold" rating and upped their price objective for the stock from $124.00 to $160.00 in a report on Friday, October 4th. TD Cowen lifted their target price on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a "hold" rating in a report on Friday, October 25th. Finally, Truist Financial raised their target price on Digital Realty Trust from $168.00 to $202.00 and gave the company a "buy" rating in a report on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and an average price target of $170.37.

Digital Realty Trust Company Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.