Stifel Financial Corp Has $77.57 Million Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Stifel Financial Corp lessened its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 4.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 437,450 shares of the real estate investment trust's stock after selling 21,818 shares during the period. Stifel Financial Corp owned about 0.13% of Digital Realty Trust worth $77,573,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Sierra Ocean LLC acquired a new stake in shares of Digital Realty Trust in the 4th quarter valued at approximately $29,000. FNY Investment Advisers LLC bought a new position in shares of Digital Realty Trust in the 4th quarter valued at about $35,000. Fairway Wealth LLC bought a new position in shares of Digital Realty Trust in the 4th quarter valued at about $35,000. Versant Capital Management Inc increased its stake in shares of Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 173 shares during the last quarter. Finally, Centricity Wealth Management LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on DLR shares. 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 research report on Friday. Scotiabank cut their price target on Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating for the company in a report on Tuesday, April 22nd. StockNews.com downgraded shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, February 22nd. JPMorgan Chase & Co. raised their target price 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. Finally, Wells Fargo & Company decreased their price target on shares of 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. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $183.05.

Digital Realty Trust Price Performance

NYSE DLR traded down $0.95 on Monday, hitting $158.94. 550,866 shares of the company's stock were exchanged, compared to its average volume of 2,043,555. The stock has a 50-day moving average of $150.10 and a 200-day moving average of $167.72. The stock has a market cap of $53.52 billion, a price-to-earnings ratio of 98.15, a P/E/G ratio of 4.38 and a beta of 0.92. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.07%. Digital Realty Trust's payout ratio is presently 301.23%.

About Digital Realty Trust

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.