Cantor Fitzgerald L. P. Purchases Shares of 2,500 Digital Realty Trust, Inc. (NYSE:DLR)

Cantor Fitzgerald L. P. acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,500 shares of the real estate investment trust's stock, valued at approximately $443,000.

Other large investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in Digital Realty Trust during the 4th quarter worth about $3,858,428,000. Northern Trust Corp boosted 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 valued at $900,934,000 after buying an additional 1,854,748 shares during the last quarter. Alliancebernstein L.P. increased its holdings in 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 buying an additional 731,690 shares during the period. Raymond James Financial Inc. purchased a new position in Digital Realty Trust during the 4th quarter worth approximately $125,336,000. Finally, Invesco Ltd. lifted 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 valued at $692,630,000 after acquiring an additional 607,132 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $164.73 on Monday. The company has a fifty day simple moving average of $149.77 and a 200-day simple moving average of $167.70. The firm has a market capitalization of $55.47 billion, a price-to-earnings ratio of 101.69, a PEG ratio of 4.38 and a beta of 0.93. 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, Inc. has a 52-week low of $129.95 and a 52-week high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.04. The company 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%. Digital Realty Trust's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.67 EPS. On average, equities analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS 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 2.96%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is presently 456.07%.

Analyst Ratings Changes

A number of research firms recently issued reports on DLR. StockNews.com downgraded shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. Barclays decreased their price objective on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a report on Thursday, March 20th. Truist Financial reduced their price target on Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating for the company in a research report on Monday, March 10th. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and upped their price objective for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Finally, Scotiabank cut their target price on shares of Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating for the company in a report on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Digital Realty Trust currently has an average rating of "Moderate Buy" and an average target price 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.

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