Clarius Group LLC Takes Position in Digital Realty Trust, Inc. (NYSE:DLR)

Clarius Group LLC acquired a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,298 shares of the real estate investment trust's stock, valued at approximately $329,000.

Other large investors also recently bought and sold shares of the company. Norges Bank bought a new stake in Digital Realty Trust in the 4th quarter worth approximately $3,858,428,000. Northern Trust Corp lifted its holdings in Digital Realty Trust by 57.5% in the fourth quarter. Northern Trust Corp now owns 5,080,550 shares of the real estate investment trust's stock valued at $900,934,000 after acquiring an additional 1,854,748 shares during the period. Deutsche Bank AG boosted its position in Digital Realty Trust by 66.6% in the fourth quarter. Deutsche Bank AG now owns 3,081,821 shares of the real estate investment trust's stock worth $546,499,000 after purchasing an additional 1,232,043 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Digital Realty Trust by 13,842.2% during the 1st quarter. GAMMA Investing LLC now owns 1,131,131 shares of the real estate investment trust's stock valued at $162,080,000 after purchasing an additional 1,123,018 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Digital Realty Trust during the 4th quarter valued at about $182,126,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Down 0.7%

Shares of DLR stock traded down $1.25 during mid-day trading on Friday, hitting $175.35. The stock had a trading volume of 2,641,311 shares, compared to its average volume of 2,001,787. 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 0.81, a current ratio of 1.92 and a quick ratio of 1.92. The firm's 50-day moving average is $165.68 and its two-hundred day moving average is $165.57. The firm has a market capitalization of $59.06 billion, a P/E ratio of 163.88, a price-to-earnings-growth ratio of 2.69 and a beta of 0.95.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.04. Digital Realty Trust had a net margin of 7.65% and a return on equity of 2.07%. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the firm posted $1.67 EPS. The company's revenue for the quarter was up 5.7% on a year-over-year basis. On average, analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.78%. Digital Realty Trust's dividend payout ratio is currently 456.07%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on DLR shares. Wall Street Zen upgraded shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a research note on Sunday, June 1st. Mizuho boosted their price objective on Digital Realty Trust from $177.00 to $191.00 and gave the company an "outperform" rating in a research note on Tuesday. 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 report on Friday, April 25th. New Street Research upgraded shares of Digital Realty Trust to a "hold" rating in a report on Monday, April 28th. Finally, Bank of America began coverage on Digital Realty Trust in a research report on Monday, May 19th. They set a "buy" rating and a $210.00 target price for the company. One investment analyst has rated the stock with a sell rating, six have given a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and a consensus target price of $185.76.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Mark R. Patterson sold 175 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $176.50, for a total transaction of $30,887.50. Following the completion of the sale, the director now directly owns 6,522 shares in the company, valued at $1,151,133. This represents a 2.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.13% of the company's stock.

About Digital Realty Trust

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.