Pathstone Holdings LLC Has $8.44 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Pathstone Holdings LLC lifted its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 6.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 47,522 shares of the real estate investment trust's stock after purchasing an additional 3,064 shares during the quarter. Pathstone Holdings LLC's holdings in Digital Realty Trust were worth $8,442,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sierra Ocean LLC acquired a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $29,000. Fairway Wealth LLC purchased a new stake in Digital Realty Trust in the 4th quarter worth approximately $35,000. Centricity Wealth Management LLC acquired a new stake in shares of Digital Realty Trust during the 4th quarter valued at $37,000. Crews Bank & Trust purchased a new stake in shares of Digital Realty Trust during the 4th quarter worth about $42,000. Finally, SRS Capital Advisors Inc. increased its stake in shares of Digital Realty Trust by 502.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 241 shares of the real estate investment trust's stock worth $43,000 after purchasing an additional 201 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Analysts Set New Price Targets

DLR has been the topic of a number of recent analyst reports. Oppenheimer started coverage on shares of Digital Realty Trust in a research report on Wednesday, May 14th. They issued an "outperform" rating and a $200.00 price target on the stock. JMP Securities reissued a "market outperform" rating and set a $220.00 target price on shares of Digital Realty Trust in a research report on Monday, April 28th. JPMorgan Chase & Co. lifted their price target on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Jefferies Financial Group restated a "buy" rating and set a $193.00 price target (up previously from $190.00) on shares of Digital Realty Trust in a research note on Friday, April 25th. Finally, Wells Fargo & Company dropped their target price 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. Two research analysts have rated the stock with a sell rating, five have given a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $185.10.

Digital Realty Trust Stock Up 0.6%

DLR stock traded up $1.01 during trading hours on Thursday, reaching $168.30. 279,503 shares of the stock were exchanged, compared to its average volume of 1,969,966. The firm's 50-day moving average is $153.78 and its 200-day moving average is $167.23. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The company has a market cap of $56.68 billion, a price-to-earnings ratio of 103.89, a PEG ratio of 4.38 and a beta of 0.93. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) 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 analysts' expectations 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 quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.67 EPS. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders 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 dividend yield of 2.90%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's dividend 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.