Schroder Investment Management Group Raises Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Schroder Investment Management Group raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 16.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,221,433 shares of the real estate investment trust’s stock after buying an additional 173,519 shares during the period. Schroder Investment Management Group’s holdings in Digital Realty Trust were worth $215,241,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Stolper Co raised its holdings in shares of Digital Realty Trust by 0.5% in the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock valued at $2,243,000 after purchasing an additional 64 shares in the last quarter. Bleakley Financial Group LLC raised its stake in shares of Digital Realty Trust by 1.5% during the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust’s stock worth $769,000 after acquiring an additional 64 shares in the last quarter. TD Private Client Wealth LLC lifted its position in Digital Realty Trust by 6.6% during the third quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust’s stock valued at $176,000 after acquiring an additional 67 shares during the last quarter. Catalina Capital Group LLC boosted its stake in Digital Realty Trust by 3.1% in the fourth quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust’s stock valued at $424,000 after acquiring an additional 72 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings in Digital Realty Trust by 25.9% in the fourth quarter. Sound Income Strategies LLC now owns 355 shares of the real estate investment trust’s stock worth $63,000 after purchasing an additional 73 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on DLR shares. Truist Financial decreased their price objective on Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a report on Monday, March 10th. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 22nd. Wells Fargo & Company lowered their target price on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a research note on Tuesday, February 4th. Finally, JMP Securities restated a “market outperform” rating and set a $220.00 price target on shares of Digital Realty Trust in a research note on Tuesday, February 18th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $180.32.

Digital Realty Trust Trading Down 2.0 %

Shares of NYSE:DLR opened at $142.10 on Friday. The company has a market capitalization of $47.84 billion, a PE ratio of 87.71, a PEG ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a 12-month low of $135.54 and a 12-month high of $198.00. The business has a 50 day moving average of $160.10 and a two-hundred day moving average of $169.84. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share 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, analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $1.22 per share. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.43%. Digital Realty Trust’s dividend payout ratio is currently 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.