Capital Investment Advisors LLC boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 4.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 71,680 shares of the real estate investment trust’s stock after buying an additional 2,976 shares during the quarter. Capital Investment Advisors LLC’s holdings in Digital Realty Trust were worth $11,090,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in DLR. Security National Bank of Sioux City Iowa IA grew its position in shares of Digital Realty Trust by 0.4% during the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock worth $2,478,000 after buying an additional 60 shares during the period. Commons Capital LLC lifted its holdings in Digital Realty Trust by 4.6% in the third quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock valued at $253,000 after buying an additional 64 shares during the period. Scotia Capital Inc. boosted its stake in Digital Realty Trust by 0.9% in the third quarter. Scotia Capital Inc. now owns 7,379 shares of the real estate investment trust’s stock valued at $1,276,000 after acquiring an additional 64 shares during the last quarter. Physician Wealth Advisors Inc. boosted its stake in Digital Realty Trust by 11.2% in the third quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock valued at $112,000 after acquiring an additional 65 shares during the last quarter. Finally, Zions Bancorporation National Association UT grew its holdings in Digital Realty Trust by 12.5% during the 3rd quarter. Zions Bancorporation National Association UT now owns 585 shares of the real estate investment trust’s stock worth $101,000 after acquiring an additional 65 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.
Digital Realty Trust Price Performance
Shares of DLR stock opened at $175.60 on Friday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $184.79. The firm has a fifty day moving average of $173.58 and a 200-day moving average of $167.70. The firm has a market capitalization of $60.34 billion, a price-to-earnings ratio of 48.78, a price-to-earnings-growth ratio of 3.87 and a beta of 1.12.
Digital Realty Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s payout ratio is 135.56%.
Analyst Ratings Changes
DLR has been the topic of a number of analyst reports. Weiss Ratings raised Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 17th. BMO Capital Markets lifted their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft began coverage on Digital Realty Trust in a report on Monday, January 5th. They issued a “buy” rating and a $180.00 price objective for the company. Stifel Nicolaus reduced their target price on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Finally, Moffett Nathanson boosted their target price on Digital Realty Trust from $166.00 to $172.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Digital Realty Trust has an average rating of “Moderate Buy” and an average price target of $194.68.
Check Out Our Latest Report on DLR
About Digital Realty Trust
Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.
Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.
Further Reading
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