Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Axa S.A.

AXA S.A. lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 28.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 424,701 shares of the real estate investment trust's stock after purchasing an additional 94,718 shares during the quarter. AXA S.A. owned 0.13% of Digital Realty Trust worth $75,312,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Digital Realty Trust during the fourth quarter worth $3,858,428,000. Northern Trust Corp boosted its stake in shares of Digital Realty Trust by 57.5% in the 4th quarter. Northern Trust Corp now owns 5,080,550 shares of the real estate investment trust's stock valued at $900,934,000 after purchasing an additional 1,854,748 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of Digital Realty Trust by 91.7% in the 4th quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust's stock valued at $271,279,000 after purchasing an additional 731,690 shares during the period. Raymond James Financial Inc. bought a new position in Digital Realty Trust during the fourth quarter worth $125,336,000. Finally, Invesco Ltd. raised its stake in Digital Realty Trust by 18.4% during the 4th quarter. Invesco Ltd. now owns 3,905,883 shares of the real estate investment trust's stock worth $692,630,000 after buying an additional 607,132 shares during the period. Institutional investors own 99.71% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Citizens Jmp upgraded Digital Realty Trust to a "strong-buy" rating in a report on Monday, January 27th. UBS Group upgraded shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and boosted their price target for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. StockNews.com lowered shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. Wells Fargo & Company decreased their price objective on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock in a report 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 report on Monday, April 28th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Digital Realty Trust presently has an average rating of "Moderate Buy" and a consensus target price of $183.05.

Digital Realty Trust Stock Performance

Shares of NYSE DLR traded up $0.28 during trading on Tuesday, reaching $166.92. 1,601,753 shares of the company traded hands, compared to its average volume of 2,039,729. The firm's fifty day simple moving average is $149.92 and its 200 day simple moving average is $167.71. 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, Inc. has a 12-month low of $129.95 and a 12-month high of $198.00. The stock has a market cap of $56.21 billion, a P/E ratio of 103.04, a PEG ratio of 4.38 and a beta of 0.93.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.04. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. The company's revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.67 EPS. As a group, research 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 business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is presently 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.