Natixis Advisors L.P. Purchases 5,592 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Natixis Advisors L.P. increased its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 167,884 shares of the real estate investment trust's stock after buying an additional 5,592 shares during the quarter. Natixis Advisors L.P. owned about 0.06% of Digital Realty Trust worth $22,593,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Baldwin Brothers LLC MA raised its position in shares of Digital Realty Trust by 528.6% in the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust's stock worth $30,000 after buying an additional 185 shares during the period. Operose Advisors LLC acquired a new stake in Digital Realty Trust in the 3rd quarter valued at $27,000. Bfsg LLC acquired a new stake in Digital Realty Trust in the 4th quarter valued at $31,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Digital Realty Trust in the 4th quarter valued at $32,000. Finally, Tennessee Valley Asset Management Partners acquired a new stake in Digital Realty Trust in the 4th quarter valued at $32,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Jean F. H. P. Mandeville sold 3,400 shares of the business's stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total transaction of $494,700.00. Following the sale, the director now owns 8,413 shares of the company's stock, valued at $1,224,091.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.39% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DLR shares. HSBC increased their price target on Digital Realty Trust from $115.00 to $118.00 and gave the company a "reduce" rating in a report on Friday. Scotiabank downgraded Digital Realty Trust from a "sector outperform" rating to a "sector perform" rating and set a $157.00 target price for the company. in a research note on Friday, February 16th. Royal Bank of Canada restated an "outperform" rating and set a $144.00 target price on shares of Digital Realty Trust in a research note on Friday, February 16th. JPMorgan Chase & Co. raised their target price on Digital Realty Trust from $125.00 to $140.00 and gave the company a "neutral" rating in a research note on Tuesday, February 20th. Finally, TD Cowen raised their target price on Digital Realty Trust from $116.00 to $122.00 and gave the company a "hold" rating in a research note on Friday. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $142.65.

Digital Realty Trust Stock Performance

Shares of DLR traded down $3.23 during mid-day trading on Monday, reaching $143.77. 1,885,766 shares of the company's stock traded hands, compared to its average volume of 1,970,313. The business's 50-day moving average price is $142.27 and its 200-day moving average price is $137.52. The stock has a market capitalization of $44.92 billion, a P/E ratio of 40.83, a price-to-earnings-growth ratio of 3.34 and a beta of 0.55. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 1.29. Digital Realty Trust, Inc. has a 12 month low of $86.33 and a 12 month high of $154.18.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.39%. Digital Realty Trust's dividend payout ratio (DPR) is presently 135.56%.

Digital Realty Trust Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.