Ranch Capital Advisors Inc. Buys 200 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Ranch Capital Advisors Inc. raised its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 11.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,953 shares of the real estate investment trust’s stock after acquiring an additional 200 shares during the period. Ranch Capital Advisors Inc.’s holdings in Digital Realty Trust were worth $348,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in DLR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Digital Realty Trust by 501.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock valued at $700,224,000 after buying an additional 3,607,802 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Digital Realty Trust in the 3rd quarter valued at about $132,980,000. Raymond James Financial Inc. acquired a new position in shares of Digital Realty Trust in the 4th quarter valued at about $125,336,000. Sycomore Asset Management acquired a new position in shares of Digital Realty Trust in the 3rd quarter valued at about $80,915,000. Finally, National Pension Service lifted its stake in shares of Digital Realty Trust by 88.8% in the 4th quarter. National Pension Service now owns 788,426 shares of the real estate investment trust’s stock valued at $139,812,000 after purchasing an additional 370,835 shares during the period. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 0.5 %

NYSE:DLR opened at $149.13 on Monday. The company has a market cap of $50.20 billion, a P/E ratio of 92.06, a P/E/G ratio of 4.38 and a beta of 0.65. The stock’s fifty day moving average price is $168.64 and its two-hundred day moving average price is $170.15. Digital Realty Trust, Inc. has a 1 year low of $135.54 and a 1 year 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.

Digital Realty Trust (NYSE:DLR) last posted its earnings results 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%. As a group, analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $1.22 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.27%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 301.23%.

Insider Buying and Selling

In related news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.17% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DLR. Wells Fargo & Company dropped their price objective on 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. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. StockNews.com downgraded Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 22nd. JPMorgan Chase & Co. boosted their price objective 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. Finally, Barclays upped their price target on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research note on Monday, November 18th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $181.00.

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.