Jefferies Financial Group Inc. Has $3.86 Million Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Jefferies Financial Group Inc. trimmed its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 7.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,781 shares of the real estate investment trust's stock after selling 1,645 shares during the quarter. Jefferies Financial Group Inc.'s holdings in Digital Realty Trust were worth $3,862,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Digital Realty Trust in the 4th quarter valued at $3,858,428,000. Northern Trust Corp grew its holdings in shares of Digital Realty Trust by 57.5% during the 4th quarter. Northern Trust Corp now owns 5,080,550 shares of the real estate investment trust's stock worth $900,934,000 after purchasing an additional 1,854,748 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of Digital Realty Trust by 66.6% during the 4th quarter. Deutsche Bank AG now owns 3,081,821 shares of the real estate investment trust's stock worth $546,499,000 after purchasing an additional 1,232,043 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of Digital Realty Trust by 91.7% during the 4th quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust's stock worth $271,279,000 after purchasing an additional 731,690 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth $125,336,000. 99.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. JMP Securities reissued a "market outperform" rating and set a $220.00 target price on shares of Digital Realty Trust in a report on Monday, April 28th. Citizens Jmp raised Digital Realty Trust to a "strong-buy" rating in a report on Monday, January 27th. Scotiabank reduced their target price on Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating on the stock in a report on Tuesday, April 22nd. StockNews.com lowered Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 22nd. Finally, Oppenheimer began coverage on Digital Realty Trust in a report on Wednesday. They set an "outperform" rating and a $200.00 target price on the stock. Two analysts have rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $183.85.

Digital Realty Trust Trading Up 1.3%

Digital Realty Trust stock traded up $2.23 during trading hours on Friday, hitting $170.02. The stock had a trading volume of 1,196,833 shares, compared to its average volume of 1,977,292. 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 cap of $57.26 billion, a price-to-earnings ratio of 104.95, a P/E/G ratio of 4.38 and a beta of 0.93. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $198.00. The business's 50 day simple moving average is $152.07 and its 200-day simple moving average is $167.52.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, beating the consensus estimate of $1.73 by $0.04. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the company earned $1.67 earnings per share. On average, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.87%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's payout ratio is presently 456.07%.

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.