Fielder Capital Group LLC grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,917 shares of the real estate investment trust’s stock after purchasing an additional 1,143 shares during the quarter. Digital Realty Trust comprises about 1.5% of Fielder Capital Group LLC’s investment portfolio, making the stock its 19th largest position. Fielder Capital Group LLC’s holdings in Digital Realty Trust were worth $4,773,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Private Advisor Group LLC increased its holdings in shares of Digital Realty Trust by 4.1% in the fourth quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust’s stock valued at $2,400,000 after purchasing an additional 527 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc boosted its position in Digital Realty Trust by 17.7% in the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock valued at $11,768,000 after buying an additional 9,959 shares during the last quarter. Capital Investment Advisors LLC increased its stake in shares of Digital Realty Trust by 26.4% in the 4th quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock valued at $9,682,000 after buying an additional 11,405 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of Digital Realty Trust by 6.4% during the third quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust’s stock worth $61,643,000 after acquiring an additional 23,028 shares during the last quarter. Finally, Cumberland Partners Ltd lifted its stake in shares of Digital Realty Trust by 207.3% during the third quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust’s stock valued at $7,540,000 after acquiring an additional 31,430 shares during the period. Institutional investors own 99.71% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages recently commented on DLR. Scotiabank upgraded Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price objective for the company in a research report on Tuesday, February 18th. JMP Securities reiterated a “market outperform” rating and set a $220.00 price target on shares of Digital Realty Trust in a research report on Tuesday, February 18th. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, February 14th. StockNews.com lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 22nd. Finally, Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price target for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus price target of $179.95.
Insider Activity
In related news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction that occurred 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 document filed with the SEC, which is available at this link. Corporate insiders own 0.17% of the company’s stock.
Digital Realty Trust Price Performance
NYSE DLR opened at $157.28 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The stock has a market cap of $52.17 billion, a price-to-earnings ratio of 97.08, a PEG ratio of 4.38 and a beta of 0.63. The business has a 50 day simple moving average of $171.70 and a 200 day simple moving average of $169.69. 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 – Get Free Report) last issued its quarterly earnings data 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 net margin of 10.85% and a return on equity of 2.97%. Analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.
Digital Realty Trust Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $1.22 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.10%. Digital Realty Trust’s dividend payout ratio (DPR) is 301.23%.
Digital Realty Trust 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.
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