Xact Kapitalforvaltning AB grew its position in Digital Realty Trust, Inc. (NYSE:DLR) by 7.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 68,997 shares of the real estate investment trust’s stock after purchasing an additional 5,012 shares during the period. Xact Kapitalforvaltning AB’s holdings in Digital Realty Trust were worth $7,859,000 as of its most recent filing with the SEC.
Other large investors have also recently modified their holdings of the company. Amica Retiree Medical Trust acquired a new stake in shares of Digital Realty Trust in the 3rd quarter valued at $102,000. Grove Bank & Trust boosted its stake in shares of Digital Realty Trust by 1,284.6% in the 3rd quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock valued at $106,000 after purchasing an additional 835 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its stake in shares of Digital Realty Trust by 4,984.2% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock valued at $114,000 after purchasing an additional 947 shares in the last quarter. Fieldpoint Private Securities LLC acquired a new stake in shares of Digital Realty Trust in the 3rd quarter valued at $134,000. Finally, SeaCrest Wealth Management LLC acquired a new stake in shares of Digital Realty Trust in the 4th quarter valued at $165,000. Institutional investors own 99.95% of the company’s stock.
DLR has been the topic of several recent analyst reports. Credit Suisse Group set a $95.00 target price on shares of Digital Realty Trust and gave the company a “hold” rating in a research note on Saturday, February 17th. Robert W. Baird upgraded shares of Digital Realty Trust from a “neutral” rating to an “outperform” rating and set a $124.00 target price on the stock in a research note on Tuesday, January 16th. Zacks Investment Research downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Monday, January 15th. Wells Fargo upgraded shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $109.31 to $120.00 in a research note on Friday, December 22nd. Finally, Deutsche Bank cut their price target on Digital Realty Trust from $130.00 to $125.00 and set a “buy” rating for the company in a report on Friday, February 16th. Six investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Digital Realty Trust currently has an average rating of “Buy” and an average target price of $122.25.
Digital Realty Trust, Inc. (NYSE DLR) opened at $102.91 on Friday. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.88. Digital Realty Trust, Inc. has a twelve month low of $96.56 and a twelve month high of $127.23. The stock has a market capitalization of $21,239.47, a PE ratio of 101.89, a P/E/G ratio of 2.33 and a beta of 0.01.
Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, February 15th. The real estate investment trust reported $0.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.52 by ($1.18). The firm had revenue of $731.45 million for the quarter, compared to the consensus estimate of $729.30 million. Digital Realty Trust had a return on equity of 4.03% and a net margin of 10.10%. research analysts predict that Digital Realty Trust, Inc. will post 6.54 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 15th will be issued a dividend of $1.01 per share. This is a boost from Digital Realty Trust’s previous quarterly dividend of $0.93. This represents a $4.04 annualized dividend and a yield of 3.93%. The ex-dividend date of this dividend is Wednesday, March 14th. Digital Realty Trust’s payout ratio is currently 400.00%.
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Digital Realty Trust Profile
Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.
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