Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,124 shares of the real estate investment trust’s stock, valued at approximately $483,000.
Several other large investors have also bought and sold shares of DLR. Sunbelt Securities Inc. boosted its position in Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 125 shares in the last quarter. Harvest Fund Management Co. Ltd boosted its position in Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 165 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Digital Realty Trust during the 3rd quarter valued at approximately $34,000. Salomon & Ludwin LLC boosted its position in Digital Realty Trust by 63.5% during the 4th quarter. Salomon & Ludwin LLC now owns 255 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 99 shares in the last quarter. Finally, Colonial Trust Co SC boosted its position in Digital Realty Trust by 43.0% during the 3rd quarter. Colonial Trust Co SC now owns 236 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 71 shares in the last quarter. 99.71% of the stock is owned by institutional investors.
Digital Realty Trust Stock Performance
Shares of DLR opened at $192.14 on Friday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The business’s 50 day moving average price is $188.75 and its 200-day moving average price is $172.79. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The stock has a market cap of $67.52 billion, a P/E ratio of 50.70, a P/E/G ratio of 5.22 and a beta of 1.06.
Digital Realty Trust Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. Digital Realty Trust’s payout ratio is currently 128.76%.
Analyst Ratings Changes
Several analysts have weighed in on DLR shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $215.00 price objective on shares of Digital Realty Trust in a research report on Friday, April 24th. BMO Capital Markets lifted their price objective on Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research report on Monday, April 20th. Barclays lifted their price objective on Digital Realty Trust from $182.00 to $189.00 and gave the company an “equal weight” rating in a research report on Thursday, April 16th. Citigroup reaffirmed an “outperform” rating on shares of Digital Realty Trust in a research report on Monday, April 27th. Finally, UBS Group lifted their price objective on Digital Realty Trust from $225.00 to $227.00 and gave the company a “buy” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $215.89.
Read Our Latest Stock Analysis on DLR
Digital Realty Trust Company Profile
Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.
Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.
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