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19,294 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Acquired by Blue Capital Inc.

Digital Realty Trust logo with Finance background

Blue Capital Inc. acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 19,294 shares of the real estate investment trust's stock, valued at approximately $3,421,000. Digital Realty Trust makes up about 2.4% of Blue Capital Inc.'s holdings, making the stock its 10th largest holding.

A number of other hedge funds also recently bought and sold shares of the stock. Norges Bank purchased a new stake in Digital Realty Trust during the fourth quarter valued at approximately $3,858,428,000. Northern Trust Corp lifted its holdings in shares of Digital Realty Trust by 57.5% during 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. boosted its position 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 worth $271,279,000 after purchasing an additional 731,690 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Digital Realty Trust during the 4th quarter worth $125,336,000. Finally, Invesco Ltd. increased its position 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 buying an additional 607,132 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Mizuho cut their price objective on shares of Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a report on Friday, March 28th. Barclays lowered their price objective on shares of Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a research note on Thursday, March 20th. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and upped their target price for the company from $185.00 to $194.00 in a research report on Wednesday, January 15th. New Street Research upgraded shares of Digital Realty Trust to a "hold" rating in a research report on Monday, April 28th. Finally, JMP Securities reaffirmed 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 equities 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 assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $183.05.

Check Out Our Latest Report on Digital Realty Trust

Digital Realty Trust Trading Up 0.4 %

NYSE DLR traded up $0.62 on Wednesday, reaching $167.25. 2,016,798 shares of the company were exchanged, compared to its average volume of 2,042,700. 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 business's fifty day moving average price is $150.33 and its 200 day moving average price is $167.71. The stock has a market capitalization of $56.32 billion, a P/E ratio of 103.24, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analyst estimates of $1.43 billion. During the same quarter in the prior year, the firm posted $1.67 earnings per share. Digital Realty Trust's quarterly revenue was up 5.7% on a year-over-year basis. Analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm 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. The ex-dividend date was Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 2.92%. Digital Realty Trust's dividend payout ratio (DPR) is 456.07%.

Digital Realty Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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