Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Focus Partners Wealth

Focus Partners Wealth grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 13.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,632 shares of the real estate investment trust's stock after purchasing an additional 20,908 shares during the quarter. Focus Partners Wealth owned about 0.05% of Digital Realty Trust worth $32,236,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DLR. Nordea Investment Management AB increased its holdings in Digital Realty Trust by 6.1% in the 4th quarter. Nordea Investment Management AB now owns 26,439 shares of the real estate investment trust's stock valued at $4,693,000 after purchasing an additional 1,519 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Digital Realty Trust in the fourth quarter worth $240,000. First Hawaiian Bank grew its stake in shares of Digital Realty Trust by 30.0% in the fourth quarter. First Hawaiian Bank now owns 3,232 shares of the real estate investment trust's stock worth $573,000 after acquiring an additional 745 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Digital Realty Trust by 1.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 105,436 shares of the real estate investment trust's stock worth $17,063,000 after acquiring an additional 1,408 shares in the last quarter. Finally, ST Germain D J Co. Inc. grew its stake in shares of Digital Realty Trust by 159.9% in the fourth quarter. ST Germain D J Co. Inc. now owns 421 shares of the real estate investment trust's stock worth $75,000 after acquiring an additional 259 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on DLR shares. JPMorgan Chase & Co. lifted their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Wells Fargo & Company decreased their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Mizuho reduced their price target on shares of Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating for the company in a research report on Friday, March 28th. Truist Financial reduced their price target on shares of Digital Realty Trust from $185.00 to $184.00 and set a "buy" rating for the company in a research report on Monday. Finally, Citigroup reduced their price target on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $183.85.

Digital Realty Trust Trading Down 0.4%

NYSE DLR traded down $0.59 during mid-day trading on Wednesday, reaching $165.21. 1,901,657 shares of the stock were exchanged, compared to its average volume of 1,984,150. The stock has a market capitalization of $55.64 billion, a PE ratio of 101.98, a PEG ratio of 4.38 and a beta of 0.93. The business's fifty day simple moving average is $151.31 and its 200 day simple moving average is $167.64. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07.

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, beating analysts' consensus estimates of $1.73 by $0.04. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Digital Realty Trust's revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the business earned $1.67 EPS. On average, research analysts anticipate 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 was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.95%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is 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.