1,343 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Acquired by Ground Swell Capital LLC

Ground Swell Capital LLC bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,343 shares of the real estate investment trust’s stock, valued at approximately $238,000.

Other large investors have also modified their holdings of the company. Nordea Investment Management AB lifted its position in Digital Realty Trust by 6.1% in the fourth quarter. Nordea Investment Management AB now owns 26,439 shares of the real estate investment trust’s stock valued at $4,693,000 after buying an additional 1,519 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Digital Realty Trust in the 4th quarter valued at approximately $240,000. First Hawaiian Bank boosted its position in shares of Digital Realty Trust by 30.0% during the 4th quarter. First Hawaiian Bank now owns 3,232 shares of the real estate investment trust’s stock worth $573,000 after purchasing an additional 745 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Digital Realty Trust by 1.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 105,436 shares of the real estate investment trust’s stock valued at $17,063,000 after purchasing an additional 1,408 shares during the last quarter. Finally, ST Germain D J Co. Inc. lifted its stake in Digital Realty Trust by 159.9% during the fourth quarter. ST Germain D J Co. Inc. now owns 421 shares of the real estate investment trust’s stock worth $75,000 after purchasing an additional 259 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 0.1 %

DLR opened at $166.59 on Friday. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The business’s 50 day moving average is $150.78 and its two-hundred day moving average is $167.73. The firm has a market cap of $56.11 billion, a price-to-earnings ratio of 102.83, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, beating 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 business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the previous year, the company posted $1.67 EPS. The company’s quarterly revenue was up 5.7% on a year-over-year basis. On average, research analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors 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 2.93%. The ex-dividend date was Friday, March 14th. Digital Realty Trust’s dividend payout ratio is currently 456.07%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Scotiabank dropped their price objective 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. Mizuho reduced their price target on shares of Digital Realty Trust from $211.00 to $177.00 and set an “outperform” rating on the stock in a research report on Friday, March 28th. JMP Securities reaffirmed a “market outperform” rating and set a $220.00 target price on shares of Digital Realty Trust in a research note on Monday, April 28th. JPMorgan Chase & Co. boosted 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. Finally, Barclays lowered their target price on Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating for the company in a research note on Thursday, March 20th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $183.05.

Digital Realty Trust Company 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.