Triglav Skladi D.O.O. Purchases New Shares in Digital Realty Trust, Inc. (NYSE:DLR)

Triglav Skladi D.O.O. bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,000 shares of the real estate investment trust's stock, valued at approximately $2,660,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sierra Ocean LLC acquired a new position in shares of Digital Realty Trust during the 4th quarter worth approximately $29,000. Fairway Wealth LLC acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth approximately $35,000. Centricity Wealth Management LLC acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth approximately $37,000. Crews Bank & Trust acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth approximately $42,000. Finally, SRS Capital Advisors Inc. boosted its position in shares of Digital Realty Trust by 502.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 241 shares of the real estate investment trust's stock worth $43,000 after acquiring an additional 201 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Analysts Set New Price Targets

DLR has been the subject of several research reports. Scotiabank dropped their price objective on shares of Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating for the company in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Oppenheimer began coverage on shares of Digital Realty Trust in a research note on Wednesday, May 14th. They issued an "outperform" rating and a $200.00 price objective for the company. Truist Financial cut their price target on shares of Digital Realty Trust from $185.00 to $184.00 and set a "buy" rating on the stock in a report on Monday, May 12th. Finally, Citigroup decreased their price objective on Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $185.10.

Digital Realty Trust Trading Up 0.4%

DLR stock traded up $0.60 during mid-day trading on Thursday, reaching $167.89. The company had a trading volume of 1,172,946 shares, compared to its average volume of 1,974,768. 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 company has a market capitalization of $56.54 billion, a PE ratio of 103.64, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93. The firm has a 50 day moving average of $153.78 and a 200 day moving average of $167.23. 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 announced its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same quarter in the prior year, the company earned $1.67 EPS. The company's revenue was up 5.7% compared to the same quarter last year. On average, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a $1.22 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.91%. Digital Realty Trust's dividend payout ratio is currently 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.