Capstone Triton Financial Group LLC Has $1.82 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Capstone Triton Financial Group LLC boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 33.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,281 shares of the real estate investment trust's stock after purchasing an additional 2,593 shares during the period. Digital Realty Trust comprises about 1.1% of Capstone Triton Financial Group LLC's investment portfolio, making the stock its 27th biggest position. Capstone Triton Financial Group LLC's holdings in Digital Realty Trust were worth $1,823,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Digital Realty Trust by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 51,453,186 shares of the real estate investment trust's stock worth $9,124,193,000 after purchasing an additional 469,823 shares in the last quarter. Norges Bank acquired a new position in shares of Digital Realty Trust during the fourth quarter worth approximately $3,858,428,000. Geode Capital Management LLC lifted its position in shares of Digital Realty Trust by 3.4% during the fourth quarter. Geode Capital Management LLC now owns 8,527,649 shares of the real estate investment trust's stock worth $1,508,612,000 after purchasing an additional 281,704 shares in the last quarter. Northern Trust Corp lifted its position in shares of Digital Realty Trust by 57.5% during the fourth quarter. Northern Trust Corp now owns 5,080,550 shares of the real estate investment trust's stock worth $900,934,000 after purchasing an additional 1,854,748 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Digital Realty Trust by 11.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,819,606 shares of the real estate investment trust's stock worth $854,661,000 after purchasing an additional 492,692 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on DLR shares. Wall Street Zen upgraded shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a research report on Sunday. Bank of America started coverage on shares of Digital Realty Trust in a research note on Monday, May 19th. They set a "buy" rating and a $210.00 price target for the company. JMP Securities reissued a "market outperform" rating and set a $220.00 price target on shares of Digital Realty Trust in a research note on Monday, April 28th. Jefferies Financial Group reissued a "buy" rating and set a $193.00 price target (up from $190.00) on shares of Digital Realty Trust in a research note on Friday, April 25th. Finally, Wells Fargo & Company dropped their price target on shares of Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock 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 Digital Realty Trust stock traded down $0.57 on Friday, hitting $171.69. The company had a trading volume of 4,130,824 shares, compared to its average volume of 1,984,224. The firm has a market capitalization of $57.82 billion, a P/E ratio of 105.98, a P/E/G ratio of 4.38 and a beta of 0.93. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The stock has a 50-day moving average of $156.34 and a 200-day moving average of $166.61.

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 the consensus estimate of $1.73 by $0.04. The company had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.67 earnings per share. Research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend is Friday, June 13th. Digital Realty Trust's payout ratio is 456.07%.

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.