3,495 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Bought by Alteri Wealth LLC

Alteri Wealth LLC acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,495 shares of the real estate investment trust's stock, valued at approximately $620,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Ancora Advisors LLC lifted its stake in Digital Realty Trust by 50.7% in the 4th quarter. Ancora Advisors LLC now owns 666 shares of the real estate investment trust's stock valued at $118,000 after buying an additional 224 shares in the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of Digital Realty Trust by 12.9% during the fourth quarter. Aptus Capital Advisors LLC now owns 71,955 shares of the real estate investment trust's stock valued at $12,761,000 after acquiring an additional 8,213 shares during the last quarter. AXA S.A. lifted its position in shares of Digital Realty Trust by 28.7% in the fourth quarter. AXA S.A. now owns 424,701 shares of the real estate investment trust's stock valued at $75,312,000 after acquiring an additional 94,718 shares in the last quarter. DoubleLine ETF Adviser LP boosted its stake in shares of Digital Realty Trust by 0.4% in the fourth quarter. DoubleLine ETF Adviser LP now owns 22,086 shares of the real estate investment trust's stock worth $3,917,000 after acquiring an additional 95 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of Digital Realty Trust by 224.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 61,656 shares of the real estate investment trust's stock worth $10,933,000 after purchasing an additional 42,634 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Up 1.4 %

Digital Realty Trust stock traded up $2.30 during trading on Monday, hitting $166.85. The company had a trading volume of 1,497,700 shares, compared to its average volume of 2,040,950. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The company's 50 day simple moving average is $149.92 and its 200-day simple moving average is $167.71. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $198.00. The stock has a market cap of $56.19 billion, a price-to-earnings ratio of 103.00, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.04. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the company earned $1.67 EPS. Digital Realty Trust's revenue was up 5.7% on a year-over-year basis. As a group, analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors 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 2.92%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's payout ratio is currently 456.07%.

Analyst Ratings Changes

Several equities research analysts have issued reports on DLR shares. Truist Financial lowered their target price on shares of Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating on the stock in a research note on Monday, March 10th. Citigroup dropped their price objective on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Citizens Jmp raised shares of Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Wells Fargo & Company dropped their price target on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Finally, StockNews.com downgraded Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $183.05.

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.