Bayesian Capital Management LP Purchases Shares of 10,200 Digital Realty Trust, Inc. (NYSE:DLR)

Bayesian Capital Management LP purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 10,200 shares of the real estate investment trust's stock, valued at approximately $1,809,000.

Several other institutional investors have also recently made changes to their positions in DLR. Norges Bank purchased a new position in shares of Digital Realty Trust in the 4th quarter valued at $3,858,428,000. Northern Trust Corp raised its position in Digital Realty Trust by 57.5% in the fourth quarter. Northern Trust Corp now owns 5,080,550 shares of the real estate investment trust's stock worth $900,934,000 after acquiring an additional 1,854,748 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Digital Realty Trust by 91.7% during 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 acquiring an additional 731,690 shares during the period. Raymond James Financial Inc. acquired a new stake in Digital Realty Trust in the fourth quarter valued at $125,336,000. Finally, Invesco Ltd. increased its holdings 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 valued at $692,630,000 after acquiring an additional 607,132 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on DLR shares. JPMorgan Chase & Co. upped their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $185.00 to $194.00 in a research note on Wednesday, January 15th. Citizens Jmp raised shares of Digital Realty Trust to a "strong-buy" rating in a research report on Monday, January 27th. Wells Fargo & Company cut their target price on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock 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 note on Saturday, February 22nd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust currently has an average rating of "Moderate Buy" and an average price target of $183.05.

Digital Realty Trust Trading Up 0.4 %

Digital Realty Trust stock traded up $0.62 during trading hours on Wednesday, hitting $167.25. The stock had a trading volume of 2,016,798 shares, compared to its average volume of 2,042,697. The stock has a market cap of $56.32 billion, a price-to-earnings ratio of 103.24, a P/E/G ratio of 4.38 and a beta of 0.93. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $198.00. The business's 50 day simple moving average is $150.33 and its 200-day simple moving average is $167.71. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80.

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 for the quarter, topping analysts' consensus estimates of $1.73 by $0.04. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. The firm's revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.67 EPS. On average, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a $1.22 dividend. This represents a $4.88 annualized dividend 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%.

About Digital Realty Trust

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.