Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 1,027,047 Digital Realty Trust, Inc. (NYSE:DLR)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,027,047 shares of the real estate investment trust's stock, valued at approximately $182,126,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.31% of Digital Realty Trust as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bleakley Financial Group LLC lifted its position in shares of Digital Realty Trust by 1.5% in the fourth quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust's stock worth $769,000 after buying an additional 64 shares in the last quarter. Catalina Capital Group LLC lifted its position in shares of Digital Realty Trust by 3.1% in the fourth quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust's stock worth $424,000 after buying an additional 72 shares in the last quarter. Colonial Trust Co SC lifted its position in shares of Digital Realty Trust by 33.8% in the fourth quarter. Colonial Trust Co SC now owns 285 shares of the real estate investment trust's stock worth $51,000 after buying an additional 72 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of Digital Realty Trust by 25.9% in the fourth quarter. Sound Income Strategies LLC now owns 355 shares of the real estate investment trust's stock worth $63,000 after buying an additional 73 shares in the last quarter. Finally, Legacy Financial Advisors Inc. lifted its position in shares of Digital Realty Trust by 5.4% in the fourth quarter. Legacy Financial Advisors Inc. now owns 1,437 shares of the real estate investment trust's stock worth $255,000 after buying an additional 74 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DLR has been the topic of a number of research analyst reports. Mizuho decreased their target price on Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a research report on Friday, March 28th. Jefferies Financial Group reissued a "buy" rating and set a $193.00 price objective (up from $190.00) on shares of Digital Realty Trust in a research note on Friday, April 25th. Wall Street Zen cut Digital Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th. Barclays reduced their price objective on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating on the stock in a research note on Thursday, March 20th. Finally, Citigroup reduced their price objective on Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $185.10.

Digital Realty Trust Stock Down 0.3%

Shares of DLR traded down $0.57 during midday trading on Friday, hitting $171.69. 4,130,824 shares of the company's stock traded hands, compared to its average volume of 1,990,915. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $198.00. The firm's fifty day moving average is $156.34 and its 200-day moving average is $166.77. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $57.82 billion, a price-to-earnings ratio of 105.98, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.73 by $0.04. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. The firm's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $1.67 EPS. As a group, sell-side analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.22 per share. The ex-dividend date is Friday, June 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.84%. Digital Realty Trust's payout ratio is currently 456.07%.

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.