4,294 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Acquired by Raiffeisen Bank International AG

Raiffeisen Bank International AG bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,294 shares of the real estate investment trust's stock, valued at approximately $757,000.

A number of other institutional investors have also recently added to or reduced their stakes in DLR. Sierra Ocean LLC bought a new position in shares of Digital Realty Trust in the fourth quarter valued at approximately $29,000. Fairway Wealth LLC bought a new position in shares of Digital Realty Trust in the fourth quarter valued at approximately $35,000. Centricity Wealth Management LLC bought a new position in shares of Digital Realty Trust in the fourth quarter valued at approximately $37,000. Crews Bank & Trust bought a new position in shares of Digital Realty Trust in the fourth quarter valued at approximately $42,000. Finally, SRS Capital Advisors Inc. raised its position in shares of Digital Realty Trust by 502.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 241 shares of the real estate investment trust's stock valued at $43,000 after purchasing an additional 201 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Digital Realty Trust stock traded down $0.69 on Tuesday, reaching $170.10. The company's stock had a trading volume of 933,658 shares, compared to its average volume of 1,976,198. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a market cap of $57.29 billion, a price-to-earnings ratio of 105.00, a PEG ratio of 4.38 and a beta of 0.93. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The business's fifty day moving average price is $152.91 and its 200 day moving average price is $167.21.

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

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given 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 dividend payout ratio (DPR) is presently 456.07%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. 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. Barclays cut their price target on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a report on Thursday, March 20th. Citigroup reduced their price objective on Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Scotiabank cut their target price on Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating for the company in a research note on Tuesday, April 22nd. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $220.00 target price on shares of Digital Realty Trust in a research report on Monday, April 28th. Two analysts have rated the stock with a sell rating, five have given a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Digital Realty Trust currently has a consensus rating of "Moderate Buy" and a consensus target price of $185.10.

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.