Mutual of America Capital Management LLC Boosts Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Mutual of America Capital Management LLC raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 1.0% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 42,331 shares of the real estate investment trust’s stock after buying an additional 436 shares during the period. Mutual of America Capital Management LLC’s holdings in Digital Realty Trust were worth $5,123,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. BlackRock Inc. grew its position in shares of Digital Realty Trust by 11.8% during the 2nd quarter. BlackRock Inc. now owns 30,815,132 shares of the real estate investment trust’s stock valued at $3,508,919,000 after acquiring an additional 3,245,264 shares during the period. State Street Corp grew its position in shares of Digital Realty Trust by 2.3% during the 2nd quarter. State Street Corp now owns 20,596,456 shares of the real estate investment trust’s stock valued at $2,345,318,000 after acquiring an additional 464,694 shares during the period. JPMorgan Chase & Co. grew its position in shares of Digital Realty Trust by 74.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,324,758 shares of the real estate investment trust’s stock valued at $834,070,000 after acquiring an additional 3,118,791 shares during the period. Geode Capital Management LLC grew its position in shares of Digital Realty Trust by 17.9% during the 2nd quarter. Geode Capital Management LLC now owns 7,112,088 shares of the real estate investment trust’s stock valued at $808,046,000 after acquiring an additional 1,079,787 shares during the period. Finally, Canada Pension Plan Investment Board boosted its holdings in Digital Realty Trust by 0.7% in the 2nd quarter. Canada Pension Plan Investment Board now owns 4,698,649 shares of the real estate investment trust’s stock worth $535,035,000 after buying an additional 34,800 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Stock Performance

NYSE DLR opened at $147.19 on Monday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.11 and a quick ratio of 1.11. Digital Realty Trust, Inc. has a 1 year low of $86.33 and a 1 year high of $148.00. The company has a market capitalization of $44.58 billion, a PE ratio of 51.29, a P/E/G ratio of 1.64 and a beta of 0.54. The company has a fifty day moving average of $137.47 and a two-hundred day moving average of $129.93.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 19th. Shareholders of record on Friday, December 15th were paid a $1.22 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $4.88 annualized dividend and a yield of 3.32%. Digital Realty Trust’s dividend payout ratio is presently 170.04%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on DLR. KeyCorp began coverage on Digital Realty Trust in a report on Wednesday, December 6th. They issued a “sector weight” rating on the stock. StockNews.com cut Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Friday, December 8th. HSBC began coverage on Digital Realty Trust in a report on Friday, December 1st. They issued a “reduce” rating and a $112.00 price objective on the stock. Scotiabank upgraded Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from $132.00 to $157.00 in a report on Monday, January 22nd. Finally, Morgan Stanley boosted their target price on Digital Realty Trust from $98.00 to $100.00 and gave the stock an “equal weight” rating in a report on Friday, December 8th. Four research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Digital Realty Trust presently has an average rating of “Hold” and a consensus price target of $128.93.

Check Out Our Latest Analysis on Digital Realty Trust

About Digital Realty Trust

(Free Report)

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data "meeting place" and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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