Gotham Asset Management LLC Has $10.56 Million Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Gotham Asset Management LLC lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 9.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 59,549 shares of the real estate investment trust’s stock after purchasing an additional 5,019 shares during the quarter. Gotham Asset Management LLC’s holdings in Digital Realty Trust were worth $10,560,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in DLR. Ground Swell Capital LLC acquired a new position in Digital Realty Trust in the fourth quarter valued at $238,000. Focus Partners Wealth increased its stake in shares of Digital Realty Trust by 13.0% during the 4th quarter. Focus Partners Wealth now owns 181,632 shares of the real estate investment trust’s stock worth $32,236,000 after purchasing an additional 20,908 shares during the last quarter. Ensign Peak Advisors Inc raised its stake in Digital Realty Trust by 69.7% in the 4th quarter. Ensign Peak Advisors Inc now owns 58,597 shares of the real estate investment trust’s stock valued at $10,391,000 after acquiring an additional 24,058 shares during the period. Ethic Inc. grew its stake in Digital Realty Trust by 7.9% in the 4th quarter. Ethic Inc. now owns 31,633 shares of the real estate investment trust’s stock valued at $5,609,000 after buying an additional 2,312 shares in the last quarter. Finally, Deutsche Bank AG grew its position in shares of Digital Realty Trust by 66.6% during the 4th quarter. Deutsche Bank AG now owns 3,081,821 shares of the real estate investment trust’s stock valued at $546,499,000 after purchasing an additional 1,232,043 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on DLR shares. Barclays cut their price target on shares of Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating for the company in a research report on Thursday, March 20th. Truist Financial lowered their price target on Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a research report on Monday, March 10th. New Street Research upgraded shares of Digital Realty Trust to a “hold” rating in a research note on Monday, April 28th. JPMorgan Chase & Co. upped their price objective on 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, Scotiabank cut their price objective on shares of 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. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $183.05.

Digital Realty Trust Stock Down 0.1%

Shares of NYSE DLR opened at $166.59 on Monday. The company has a market capitalization 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. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The business has a 50-day moving average of $150.78 and a two-hundred day moving average of $167.76. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $198.00.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the previous year, the firm earned $1.67 EPS. The company’s revenue was up 5.7% compared to the same quarter last year. On average, analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a $1.22 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 2.93%. Digital Realty Trust’s dividend payout ratio (DPR) is 456.07%.

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.