Captrust Financial Advisors Grows Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Captrust Financial Advisors grew its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 2.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,721 shares of the real estate investment trust's stock after purchasing an additional 2,197 shares during the period. Captrust Financial Advisors' holdings in Digital Realty Trust were worth $13,960,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Invesco Ltd. boosted its position in shares of 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 last quarter. Private Advisor Group LLC grew its stake in shares of Digital Realty Trust by 4.1% in the 4th quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust's stock valued at $2,400,000 after buying an additional 527 shares during the period. AEGON ASSET MANAGEMENT UK Plc increased its holdings in shares of Digital Realty Trust by 17.7% during the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust's stock worth $11,768,000 after buying an additional 9,959 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings in Digital Realty Trust by 26.4% in the fourth quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust's stock valued at $9,682,000 after acquiring an additional 11,405 shares during the last quarter. Finally, Leavell Investment Management Inc. grew its position in Digital Realty Trust by 74.1% in the fourth quarter. Leavell Investment Management Inc. now owns 18,283 shares of the real estate investment trust's stock worth $3,262,000 after acquiring an additional 7,781 shares during the period. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Stock Up 0.2 %

DLR opened at $166.92 on Wednesday. The firm 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. The business's fifty day simple moving average is $150.12 and its 200 day simple moving average is $167.71. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. 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 issued its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $0.04. The business 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 quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.67 earnings per share. As a group, equities research analysts anticipate 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 given a dividend of $1.22 per share. The ex-dividend date of this dividend 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 presently 456.07%.

Analyst Ratings Changes

Several analysts recently issued reports on DLR shares. UBS Group upgraded shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Mizuho lowered their price objective on shares of Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating for the company in a research report on Friday, March 28th. JPMorgan Chase & Co. boosted their target price on Digital Realty Trust from $185.00 to $190.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Truist Financial dropped their price objective on Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating for the company in a research note on Monday, March 10th. Finally, JMP Securities reiterated a "market outperform" rating and set a $220.00 price target on shares of Digital Realty Trust in a research note on Monday, April 28th. Two investment 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. Based on data from MarketBeat, Digital Realty Trust presently has an average rating of "Moderate Buy" and an average price target of $183.05.

Digital Realty Trust Company 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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