Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Laird Norton Wetherby Wealth Management LLC

Laird Norton Wetherby Wealth Management LLC raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,502 shares of the real estate investment trust’s stock after acquiring an additional 239 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in Digital Realty Trust were worth $1,685,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of DLR. Invesco Ltd. grew its holdings 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 worth $692,630,000 after acquiring an additional 607,132 shares during the period. Private Advisor Group LLC grew its holdings in Digital Realty Trust by 4.1% during the fourth quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust’s stock worth $2,400,000 after acquiring an additional 527 shares during the period. AEGON ASSET MANAGEMENT UK Plc grew its holdings in Digital Realty Trust by 17.7% during the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock worth $11,768,000 after acquiring an additional 9,959 shares during the period. Leavell Investment Management Inc. increased its holdings in shares of Digital Realty Trust by 74.1% during the 4th quarter. Leavell Investment Management Inc. now owns 18,283 shares of the real estate investment trust’s stock valued at $3,262,000 after purchasing an additional 7,781 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its holdings in shares of Digital Realty Trust by 53.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 16,561 shares of the real estate investment trust’s stock valued at $2,937,000 after purchasing an additional 5,788 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Down 0.1%

Shares of DLR stock opened at $165.84 on Wednesday. The company’s 50-day moving average price is $151.31 and its 200-day moving average price is $167.64. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The stock has a market cap of $55.85 billion, a price-to-earnings ratio of 102.37, a PEG ratio of 4.38 and a beta of 0.93. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.04. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Digital Realty Trust’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.67 earnings per share. As a group, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a $1.22 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 2.94%. Digital Realty Trust’s dividend payout ratio is currently 456.07%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on DLR shares. Scotiabank cut their target price on shares of Digital Realty Trust from $208.00 to $206.00 and set a “sector outperform” rating for the company in a report on Tuesday, April 22nd. New Street Research upgraded shares of Digital Realty Trust to a “hold” rating in a research report on Monday, April 28th. Wells Fargo & Company decreased their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. JPMorgan Chase & Co. upped their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $183.00.

About Digital Realty Trust

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.