Measured Risk Portfolios Inc. Purchases New Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Measured Risk Portfolios Inc. acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 15,631 shares of the real estate investment trust's stock, valued at approximately $2,772,000. Digital Realty Trust accounts for approximately 2.9% of Measured Risk Portfolios Inc.'s portfolio, making the stock its 4th largest holding.

A number of other large investors have also modified their holdings of the company. Napa Wealth Management purchased a new stake in Digital Realty Trust during the fourth quarter valued at about $984,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Digital Realty Trust by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 228,147 shares of the real estate investment trust's stock worth $40,457,000 after acquiring an additional 9,645 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC grew its stake in shares of Digital Realty Trust by 2.6% in the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 9,502 shares of the real estate investment trust's stock worth $1,685,000 after acquiring an additional 239 shares during the last quarter. Land & Buildings Investment Management LLC acquired a new stake in Digital Realty Trust during the fourth quarter worth $9,730,000. Finally, Janus Henderson Group PLC boosted its stake in Digital Realty Trust by 4.9% during the fourth quarter. Janus Henderson Group PLC now owns 106,824 shares of the real estate investment trust's stock worth $18,944,000 after buying an additional 5,009 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Price Performance

DLR opened at $166.31 on Tuesday. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $198.00. The stock has a market cap of $56.01 billion, a P/E ratio of 102.66, a PEG ratio of 4.38 and a beta of 0.93. The business has a fifty day moving average of $150.96 and a 200 day moving average of $167.65. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.04. The business had revenue of $1.41 billion for 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 company's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.67 EPS. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is 456.07%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on DLR shares. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a "hold" rating to a "buy" rating and lifted their price target for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Wells Fargo & Company cut their target price on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 4th. Mizuho dropped their price objective on Digital Realty Trust from $211.00 to $177.00 and set an "outperform" rating on the stock in a research note on Friday, March 28th. Scotiabank decreased their price objective 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. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a $193.00 price objective (up from $190.00) on shares of Digital Realty Trust in a report on Friday, April 25th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $183.00.

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.

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