Czech National Bank Acquires 5,250 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Czech National Bank boosted its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 7.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,650 shares of the real estate investment trust's stock after purchasing an additional 5,250 shares during the period. Czech National Bank's holdings in Digital Realty Trust were worth $10,410,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Sierra Ocean LLC purchased a new stake in shares of Digital Realty Trust during the fourth quarter worth $29,000. Fairway Wealth LLC bought a new position in shares of Digital Realty Trust in the fourth quarter worth $35,000. Centricity Wealth Management LLC bought a new position in shares of Digital Realty Trust in the fourth quarter worth $37,000. Crews Bank & Trust bought a new position in shares of Digital Realty Trust in the fourth quarter worth $42,000. Finally, Millstone Evans Group LLC bought a new position in shares of Digital Realty Trust in the fourth quarter worth $43,000. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Trading Down 0.0%

Shares of NYSE:DLR traded down $0.07 on Thursday, reaching $175.93. 1,555,488 shares of the company traded hands, compared to its average volume of 1,985,174. The business's 50-day simple moving average is $158.72 and its 200 day simple moving average is $166.63. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The stock has a market capitalization of $59.25 billion, a P/E ratio of 108.60, a price-to-earnings-growth ratio of 4.38 and a beta of 0.95. 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 posted its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.04. The company had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Digital Realty Trust's quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $1.67 earnings per share. As a group, equities analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

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 paid a $1.22 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.77%. Digital Realty Trust's payout ratio is presently 456.07%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. JMP Securities reaffirmed a "market outperform" rating and issued a $220.00 price target on shares of Digital Realty Trust in a report on Monday, April 28th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $193.00 price target (up previously from $190.00) on shares of Digital Realty Trust in a report on Friday, April 25th. Oppenheimer began coverage on shares of Digital Realty Trust in a report on Wednesday, May 14th. They issued an "outperform" rating and a $200.00 price target on the stock. Truist Financial reduced their target price on Digital Realty Trust from $185.00 to $184.00 and set a "buy" rating on the stock in a research note on Monday, May 12th. Finally, Mizuho reduced their target price on Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a research note on Friday, March 28th. One research analyst has rated the stock with a sell rating, six have given a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $185.10.

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.