Ensign Peak Advisors Inc Has $10.39 Million Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Ensign Peak Advisors Inc raised its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 69.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,597 shares of the real estate investment trust's stock after acquiring an additional 24,058 shares during the period. Ensign Peak Advisors Inc's holdings in Digital Realty Trust were worth $10,391,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DLR. Stolper Co grew its holdings in shares of Digital Realty Trust by 0.5% in the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust's stock valued at $2,243,000 after acquiring an additional 64 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in shares of Digital Realty Trust by 1.5% in the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust's stock valued at $769,000 after acquiring an additional 64 shares in the last quarter. Catalina Capital Group LLC grew its holdings in shares of Digital Realty Trust by 3.1% in the 4th quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust's stock valued at $424,000 after acquiring an additional 72 shares in the last quarter. Colonial Trust Co SC grew its holdings in shares of Digital Realty Trust by 33.8% in the 4th quarter. Colonial Trust Co SC now owns 285 shares of the real estate investment trust's stock valued at $51,000 after acquiring an additional 72 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings in shares of Digital Realty Trust by 25.9% in the 4th quarter. Sound Income Strategies LLC now owns 355 shares of the real estate investment trust's stock valued at $63,000 after acquiring an additional 73 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Price Performance

Shares of NYSE DLR traded up $2.23 during midday trading on Friday, reaching $170.02. The company's stock had a trading volume of 1,196,833 shares, compared to its average volume of 1,978,209. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The business's 50 day moving average price is $152.53 and its two-hundred day moving average price is $167.43. The company has a market cap of $57.26 billion, a P/E ratio of 104.95, a P/E/G ratio of 4.38 and a beta of 0.93.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share 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 company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the previous year, the business earned $1.67 earnings per share. The firm's quarterly revenue was up 5.7% on a year-over-year basis. On average, 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 declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a $1.22 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.87%. Digital Realty Trust's payout ratio is 456.07%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DLR. JMP Securities restated a "market outperform" rating and issued a $220.00 price objective on shares of Digital Realty Trust in a report on Monday, April 28th. New Street Research upgraded Digital Realty Trust to a "hold" rating in a report on Monday, April 28th. Mizuho reduced their price target on Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating for the company in a report on Friday, March 28th. Jefferies Financial Group reiterated a "buy" rating and set a $193.00 price target (up previously from $190.00) on shares of Digital Realty Trust in a report on Friday, April 25th. Finally, Scotiabank reduced their price target on 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 equities research analysts have rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $183.85.

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.