Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,236,434 shares of the real estate investment trust's stock after purchasing an additional 85,262 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.07% of Digital Realty Trust worth $435,559,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Baldwin Brothers LLC MA grew its holdings in Digital Realty Trust by 528.6% during the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 185 shares during the period. Operose Advisors LLC purchased a new position in shares of Digital Realty Trust during the 3rd quarter valued at approximately $27,000. Bfsg LLC acquired a new stake in Digital Realty Trust during the fourth quarter valued at $31,000. Turtle Creek Wealth Advisors LLC purchased a new position in Digital Realty Trust in the fourth quarter valued at $32,000. Finally, Tennessee Valley Asset Management Partners acquired a new position in shares of Digital Realty Trust in the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Trading Up 0.6 %

DLR traded up $0.86 during mid-day trading on Tuesday, hitting $144.63. 1,252,798 shares of the stock were exchanged, compared to its average volume of 1,962,354. The company has a market cap of $45.19 billion, a PE ratio of 40.18, a PEG ratio of 3.34 and a beta of 0.55. The company has a current ratio of 1.29, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. The firm's fifty day moving average is $142.51 and its two-hundred day moving average is $137.93. Digital Realty Trust, Inc. has a 1-year low of $86.33 and a 1-year high of $154.18.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust's payout ratio is 135.56%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on DLR shares. Morgan Stanley increased their price target on Digital Realty Trust from $100.00 to $108.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 2nd. HSBC upped their price objective on shares of Digital Realty Trust from $115.00 to $118.00 and gave the stock a "reduce" rating in a research report on Friday. Citigroup upped their price target on shares of Digital Realty Trust from $154.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, February 29th. Royal Bank of Canada reiterated an "outperform" rating and issued a $144.00 price objective on shares of Digital Realty Trust in a report on Friday, February 16th. Finally, 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 report on Tuesday, February 20th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $142.65.

Insider Activity at Digital Realty Trust

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of the firm's stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total value of $494,700.00. Following the completion of the transaction, the director now owns 8,413 shares of the company's stock, valued at approximately $1,224,091.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.39% of the company's stock.

About Digital Realty Trust

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.

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