Digital Realty Trust, Inc. (NYSE:DLR) Stock Position Raised by Boston Common Asset Management LLC

Boston Common Asset Management LLC boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 7.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,228 shares of the real estate investment trust's stock after acquiring an additional 4,299 shares during the period. Boston Common Asset Management LLC's holdings in Digital Realty Trust were worth $9,347,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Bleakley Financial Group LLC lifted its holdings in 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 acquiring an additional 64 shares during the last quarter. Catalina Capital Group LLC grew its position in 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 worth $424,000 after purchasing an additional 72 shares during the last quarter. Colonial Trust Co SC grew its position in 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 worth $51,000 after purchasing an additional 72 shares during the last quarter. Legacy Financial Advisors Inc. grew its position in Digital Realty Trust by 5.4% in the 4th quarter. Legacy Financial Advisors Inc. now owns 1,437 shares of the real estate investment trust's stock worth $255,000 after purchasing an additional 74 shares during the last quarter. Finally, Global X Japan Co. Ltd. grew its position in Digital Realty Trust by 12.8% in the 4th quarter. Global X Japan Co. Ltd. now owns 680 shares of the real estate investment trust's stock worth $121,000 after purchasing an additional 77 shares during the last quarter. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Price Performance

DLR stock traded down $0.57 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 stock has a market cap of $57.82 billion, a price-to-earnings ratio of 105.98, a P/E/G ratio of 4.38 and a beta of 0.93. The stock has a fifty day moving average of $156.34 and a 200-day moving average of $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.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, beating the consensus estimate 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 business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same period in the prior year, the business earned $1.67 earnings per share. The business'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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a $1.22 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.84%. Digital Realty Trust's dividend payout ratio (DPR) is presently 456.07%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. JMP Securities restated a "market outperform" rating and issued a $220.00 target price on shares of Digital Realty Trust in a research report on Monday, April 28th. Citigroup decreased their target price on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Barclays decreased their target price on shares of Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a research report on Thursday, March 20th. Wall Street Zen cut shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th. Finally, Truist Financial decreased their price objective on shares of Digital Realty Trust from $185.00 to $184.00 and set a "buy" rating for the company in a report on Monday, May 12th. Two analysts have rated the stock with a sell rating, five have given a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $185.10.

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.