5,548 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Bought by Napa Wealth Management

Napa Wealth Management purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,548 shares of the real estate investment trust's stock, valued at approximately $984,000.

A number of other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in shares of Digital Realty Trust in the 4th quarter valued at about $240,000. Czech National Bank grew its stake in Digital Realty Trust by 7.5% in the fourth quarter. Czech National Bank now owns 67,400 shares of the real estate investment trust's stock valued at $11,952,000 after acquiring an additional 4,705 shares during the period. Brookstone Capital Management increased its holdings in shares of Digital Realty Trust by 16.3% during the fourth quarter. Brookstone Capital Management now owns 21,011 shares of the real estate investment trust's stock valued at $3,726,000 after acquiring an additional 2,951 shares in the last quarter. Capital Investment Advisors LLC raised its position in shares of Digital Realty Trust by 26.4% during the fourth quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust's stock worth $9,682,000 after purchasing an additional 11,405 shares during the period. Finally, Agate Pass Investment Management LLC acquired a new stake in Digital Realty Trust in the 4th quarter valued at $885,000. Institutional investors own 99.71% of the company's stock.

Wall Street Analyst Weigh In

DLR has been the subject of several recent analyst reports. New Street Research upgraded shares of Digital Realty Trust to a "hold" rating in a research note on Monday, April 28th. Jefferies Financial Group reissued a "buy" rating and set a $193.00 target price (up previously from $190.00) on shares of Digital Realty Trust in a research report on Friday, April 25th. JPMorgan Chase & Co. upped their target price on Digital Realty Trust from $185.00 to $190.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Citigroup decreased their target price on Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Finally, Mizuho reduced their price target on shares of Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating for the company in a research report on Friday, March 28th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $183.85.

Digital Realty Trust Trading Up 1.2%

DLR traded up $2.05 during trading on Thursday, hitting $167.72. 1,628,999 shares of the stock traded hands, compared to its average volume of 1,980,414. The firm has a market capitalization of $56.49 billion, a P/E ratio of 103.53, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93. The firm has a 50-day moving average of $152.07 and a 200 day moving average of $167.52. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, topping the consensus estimate of $1.73 by $0.04. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. The firm had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same period last year, the company posted $1.67 EPS. The company's quarterly revenue was up 5.7% compared to the same quarter last year. 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 announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.91%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's dividend payout ratio is currently 456.07%.

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.