Thoma Capital Management LLC Invests $342,000 in Digital Realty Trust, Inc. (NYSE:DLR)

Thoma Capital Management LLC bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,930 shares of the real estate investment trust's stock, valued at approximately $342,000.

A number of other institutional investors and hedge funds have also made changes to their positions in DLR. Sierra Ocean LLC bought a new position in shares of Digital Realty Trust during the fourth quarter valued at approximately $29,000. Fairway Wealth LLC purchased a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $35,000. Centricity Wealth Management LLC purchased a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $37,000. Crews Bank & Trust purchased a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $42,000. Finally, SRS Capital Advisors Inc. grew its holdings in shares of Digital Realty Trust by 502.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 241 shares of the real estate investment trust's stock valued at $43,000 after buying an additional 201 shares during the last quarter. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Price Performance

NYSE DLR traded down $0.57 on Friday, reaching $171.69. The company had a trading volume of 4,130,824 shares, compared to its average volume of 1,990,915. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $57.82 billion, a PE ratio of 105.98, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93. The firm's 50 day moving average price is $156.34 and its 200 day moving average price is $166.77. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $1.43 billion. During the same period last year, the company posted $1.67 EPS. The business's revenue was up 5.7% on a year-over-year basis. As a group, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current 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 paid 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 dividend yield of 2.84%. Digital Realty Trust's dividend payout ratio is presently 456.07%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DLR. Jefferies Financial Group reiterated a "buy" rating and set a $193.00 price target (up previously from $190.00) on shares of Digital Realty Trust in a report on Friday, April 25th. Wall Street Zen cut shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, May 24th. Citigroup dropped their target price on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. New Street Research upgraded shares of Digital Realty Trust to a "hold" rating in a report on Monday, April 28th. Finally, Bank of America assumed coverage on shares of Digital Realty Trust in a report on Monday, May 19th. They issued a "buy" rating and a $210.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target 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.