Digital Realty Trust, Inc. (NYSE:DLR) Stock Position Lifted by Deutsche Bank AG

Deutsche Bank AG grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 66.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,081,821 shares of the real estate investment trust's stock after purchasing an additional 1,232,043 shares during the quarter. Deutsche Bank AG owned approximately 0.93% of Digital Realty Trust worth $546,499,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Nordea Investment Management AB increased its position in Digital Realty Trust by 6.1% during the fourth quarter. Nordea Investment Management AB now owns 26,439 shares of the real estate investment trust's stock worth $4,693,000 after buying an additional 1,519 shares in the last quarter. First County Bank CT purchased a new stake in Digital Realty Trust during the 4th quarter worth about $227,000. International Assets Investment Management LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at about $240,000. First Hawaiian Bank lifted its holdings in Digital Realty Trust by 30.0% in the 4th quarter. First Hawaiian Bank now owns 3,232 shares of the real estate investment trust's stock valued at $573,000 after purchasing an additional 745 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Digital Realty Trust by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 105,436 shares of the real estate investment trust's stock worth $17,063,000 after purchasing an additional 1,408 shares during the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Down 0.1 %

Shares of NYSE DLR traded down $0.11 during trading on Friday, reaching $166.59. 1,399,343 shares of the stock were exchanged, compared to its average volume of 1,982,427. The company has a market capitalization of $56.11 billion, a price-to-earnings ratio of 102.83, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93. The business's 50-day moving average price is $150.78 and its 200 day moving average price is $167.74. 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 twelve month low of $129.95 and a twelve month high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data 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. 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 for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the previous year, the business posted $1.67 EPS. The firm's revenue was up 5.7% compared to the same quarter last year. As a group, equities analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is currently 456.07%.

Analysts Set New Price Targets

DLR has been the topic of several recent analyst reports. JMP Securities reissued a "market outperform" rating and set a $220.00 price objective on shares of Digital Realty Trust in a research note on Monday, April 28th. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and raised their price objective for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. StockNews.com lowered Digital Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, February 22nd. Wells Fargo & Company decreased their price target on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 4th. Finally, Truist Financial dropped their price objective on shares of 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. Two 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. According to MarketBeat.com, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and an average target price 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.