Digital Realty Trust, Inc. (NYSE:DLR) Stock Holdings Lifted by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. lifted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 3.1% in the 4th quarter, Holdings Channel reports. The fund owned 6,800 shares of the real estate investment trust’s stock after buying an additional 207 shares during the period. Meeder Advisory Services Inc.’s holdings in Digital Realty Trust were worth $1,206,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Digital Realty Trust by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 51,453,186 shares of the real estate investment trust’s stock valued at $9,124,193,000 after purchasing an additional 469,823 shares in the last quarter. Norges Bank acquired a new position in Digital Realty Trust during the fourth quarter valued at $3,858,428,000. Geode Capital Management LLC lifted its stake in Digital Realty Trust by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 8,527,649 shares of the real estate investment trust’s stock worth $1,508,612,000 after acquiring an additional 281,704 shares in the last quarter. Principal Financial Group Inc. boosted its position in Digital Realty Trust by 2.0% during the 4th quarter. Principal Financial Group Inc. now owns 3,950,237 shares of the real estate investment trust’s stock worth $700,486,000 after acquiring an additional 79,322 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Digital Realty Trust by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,632,752 shares of the real estate investment trust’s stock valued at $644,196,000 after acquiring an additional 122,090 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on DLR shares. Barclays reduced their price target on shares of Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating for the company in a research report on Thursday, March 20th. Truist Financial decreased their target price on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a research note on Monday, March 10th. Mizuho dropped their price target on shares of Digital Realty Trust from $211.00 to $177.00 and set an “outperform” rating on the stock in a research note on Friday, March 28th. JPMorgan Chase & Co. increased their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Finally, Scotiabank upgraded Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price on the stock in a research note on Tuesday, February 18th. Two analysts have rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $184.33.

Digital Realty Trust Stock Up 1.9 %

DLR stock opened at $148.89 on Thursday. 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 company has a 50-day moving average of $157.98 and a two-hundred day moving average of $169.56. The stock has a market capitalization of $50.12 billion, a price-to-earnings ratio of 91.91, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a 52-week low of $135.54 and a 52-week high of $198.00.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping 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%. As a group, equities research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a $1.22 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.28%. Digital Realty Trust’s dividend payout ratio is 301.23%.

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.