Fmr LLC Has $774.90 Million Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

FMR LLC reduced its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,369,798 shares of the real estate investment trust's stock after selling 67,119 shares during the period. FMR LLC owned approximately 1.32% of Digital Realty Trust worth $774,896,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Waterloo Capital L.P. boosted its position in shares of Digital Realty Trust by 7.0% in the fourth quarter. Waterloo Capital L.P. now owns 17,997 shares of the real estate investment trust's stock valued at $3,191,000 after acquiring an additional 1,180 shares during the period. Mirabaud Asset Management Ltd raised its stake in Digital Realty Trust by 4.6% in the 4th quarter. Mirabaud Asset Management Ltd now owns 17,955 shares of the real estate investment trust's stock worth $3,164,000 after purchasing an additional 783 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in Digital Realty Trust by 16.8% in the 4th quarter. Russell Investments Group Ltd. now owns 2,078,317 shares of the real estate investment trust's stock valued at $368,426,000 after purchasing an additional 299,268 shares during the period. Hemenway Trust Co LLC grew its position in shares of Digital Realty Trust by 11.7% during the 4th quarter. Hemenway Trust Co LLC now owns 1,564 shares of the real estate investment trust's stock worth $277,000 after purchasing an additional 164 shares in the last quarter. Finally, Wedbush Securities Inc. increased its holdings in shares of Digital Realty Trust by 69.5% during the fourth quarter. Wedbush Securities Inc. now owns 3,064 shares of the real estate investment trust's stock worth $543,000 after purchasing an additional 1,256 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Trading Up 2.0 %

Shares of NYSE:DLR traded up $2.81 during midday trading on Friday, hitting $145.10. 1,663,350 shares of the stock were exchanged, compared to its average volume of 2,033,124. The business's 50-day moving average price is $153.16 and its 200 day moving average price is $168.32. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The stock has a market capitalization of $48.85 billion, a price-to-earnings ratio of 89.56, a P/E/G ratio of 4.38 and a beta of 0.92.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current 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 issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.36%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's payout ratio is presently 301.23%.

Analyst Ratings Changes

DLR has been the subject of several recent research reports. Scotiabank upgraded Digital Realty Trust from a "sector perform" rating to a "sector outperform" rating and set a $208.00 price target for the company in a research note on Tuesday, February 18th. UBS Group upgraded Digital Realty Trust from a "neutral" rating to a "buy" rating and upped their target price for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Barclays decreased their price target on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating on the stock in a research report on Thursday, March 20th. StockNews.com cut shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. Finally, Citizens Jmp upgraded shares of Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $184.33.

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.