Digital Realty Trust, Inc. (NYSE:DLR) Position Lifted by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. raised its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 3.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 643,424 shares of the real estate investment trust's stock after acquiring an additional 21,598 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.19% of Digital Realty Trust worth $92,196,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Invesco Ltd. lifted its stake in shares of Digital Realty Trust by 18.4% during the fourth quarter. Invesco Ltd. now owns 3,905,883 shares of the real estate investment trust's stock valued at $692,630,000 after buying an additional 607,132 shares during the period. Private Advisor Group LLC lifted its stake in shares of Digital Realty Trust by 4.1% during the fourth quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust's stock valued at $2,400,000 after buying an additional 527 shares during the period. Cbre Investment Management Listed Real Assets LLC lifted its stake in shares of Digital Realty Trust by 136.8% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 193,543 shares of the real estate investment trust's stock valued at $34,321,000 after buying an additional 111,811 shares during the period. QRG Capital Management Inc. lifted its stake in shares of Digital Realty Trust by 13.9% during the fourth quarter. QRG Capital Management Inc. now owns 38,101 shares of the real estate investment trust's stock valued at $6,756,000 after buying an additional 4,662 shares during the period. Finally, Teacher Retirement System of Texas lifted its stake in shares of Digital Realty Trust by 31.0% during the fourth quarter. Teacher Retirement System of Texas now owns 43,136 shares of the real estate investment trust's stock valued at $7,649,000 after buying an additional 10,210 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Digital Realty Trust

In other Digital Realty Trust news, Director Mark R. Patterson sold 175 shares of the stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $176.50, for a total transaction of $30,887.50. Following the transaction, 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.17% of the company's stock.

Digital Realty Trust Stock Up 0.2%

DLR traded up $0.43 during trading hours on Tuesday, reaching $177.77. 1,558,450 shares of the stock traded hands, compared to its average volume of 1,995,135. The firm's fifty day simple moving average is $167.55 and its two-hundred day simple moving average is $165.09. The company has a market cap of $59.87 billion, a price-to-earnings ratio of 166.14, a PEG ratio of 2.70 and a beta of 0.95. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week 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.

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 analysts' consensus estimates of $1.73 by $0.04. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a net margin of 7.65% and a return on equity of 2.07%. The business's revenue was up 5.7% on a year-over-year basis. During the same period last year, the business earned $1.67 EPS. As a group, analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

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 issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date is Friday, June 13th. Digital Realty Trust's payout ratio is 456.07%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on DLR. New Street Research raised shares of Digital Realty Trust to a "hold" rating in a research note on Monday, April 28th. Wall Street Zen raised shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a research note on Sunday, June 1st. Barclays cut their price target on shares of 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. Bank of America initiated 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 on the stock. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a $193.00 price target (up previously from $190.00) on shares of Digital Realty Trust in a research note on Friday, April 25th. One analyst has rated the stock with a sell rating, six have issued a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust has a consensus rating of "Moderate Buy" and an average price target of $185.76.

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.