Universal Beteiligungs und Servicegesellschaft mbH Increases Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 2.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,047,922 shares of the real estate investment trust's stock after buying an additional 20,875 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.31% of Digital Realty Trust worth $150,157,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $3,858,428,000. Northern Trust Corp increased its holdings in shares of 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 purchasing an additional 1,854,748 shares during the period. Deutsche Bank AG increased its holdings in shares of 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 valued at $546,499,000 after purchasing an additional 1,232,043 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Digital Realty Trust by 13,842.2% in 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 buying an additional 1,123,018 shares during the period. Finally, Pictet Asset Management Holding SA grew its position in shares of Digital Realty Trust by 41.5% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,129,819 shares of the real estate investment trust's stock valued at $448,422,000 after acquiring an additional 918,549 shares during the period. Hedge funds and other institutional investors own 99.71% of the company's stock.

Insider Activity at Digital Realty Trust

In other news, Director Mark R. Patterson sold 175 shares of the firm'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 transaction, the director directly owned 6,522 shares in the company, valued at $1,151,133. This trade represents a 2.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.13% of the company's stock.

Digital Realty Trust Stock Performance

NYSE:DLR traded down $1.00 during trading on Friday, reaching $179.02. The company's stock had a trading volume of 1,404,237 shares, compared to its average volume of 2,169,998. The firm has a market cap of $60.29 billion, a price-to-earnings ratio of 167.28, a price-to-earnings-growth ratio of 2.70 and a beta of 0.95. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.92 and a current ratio of 1.92. The firm has a 50 day moving average of $173.46 and a 200-day moving average of $164.04. 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 posted its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 EPS for the quarter, topping analysts' consensus estimates of $1.74 by $0.13. Digital Realty Trust had a return on equity of 2.07% and a net margin of 7.65%. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same period last year, the company earned $1.65 earnings per share. The business's revenue for the quarter was up 10.0% on a year-over-year basis. Research analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend was Friday, June 13th. Digital Realty Trust's dividend payout ratio (DPR) is presently 456.07%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. New Street Research upgraded Digital Realty Trust to a "hold" rating in a report on Monday, April 28th. Raymond James Financial boosted their target price on Digital Realty Trust from $190.00 to $205.00 and gave the company a "strong-buy" rating in a research report on Friday. Guggenheim assumed coverage on Digital Realty Trust in a research report on Wednesday, July 9th. They issued a "neutral" rating for the company. Citigroup reduced their price target on Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Finally, Bank of America assumed coverage on Digital Realty Trust in a research report on Monday, May 19th. They set a "buy" rating and a $210.00 price objective for the company. One analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $188.53.

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.