Janus Henderson Group PLC lessened its holdings in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 6.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 674,446 shares of the real estate investment trust’s stock after selling 50,241 shares during the quarter. Janus Henderson Group PLC’s holdings in Digital Realty Trust were worth $121,581,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Oddo BHF Asset Management Sas grew its position in shares of Digital Realty Trust by 4.2% in the 1st quarter. Oddo BHF Asset Management Sas now owns 23,073 shares of the real estate investment trust’s stock valued at $4,158,000 after purchasing an additional 933 shares during the period. Arkadios Wealth Advisors raised its holdings in Digital Realty Trust by 2.9% during the 1st quarter. Arkadios Wealth Advisors now owns 10,210 shares of the real estate investment trust’s stock worth $1,840,000 after buying an additional 287 shares during the period. Amundi raised its holdings in Digital Realty Trust by 3.6% during the 1st quarter. Amundi now owns 2,504,476 shares of the real estate investment trust’s stock worth $451,332,000 after buying an additional 86,050 shares during the period. Adelante Capital Management LLC lifted its stake in Digital Realty Trust by 0.4% in the first quarter. Adelante Capital Management LLC now owns 478,296 shares of the real estate investment trust’s stock valued at $86,194,000 after buying an additional 1,866 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Digital Realty Trust by 11.0% in the first quarter. EverSource Wealth Advisors LLC now owns 2,150 shares of the real estate investment trust’s stock valued at $387,000 after buying an additional 213 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.
Digital Realty Trust Price Performance
Shares of NYSE:DLR opened at $188.77 on Friday. The firm has a 50 day simple moving average of $184.71 and a 200 day simple moving average of $181.98. The company has a market cap of $66.33 billion, a price-to-earnings ratio of 91.63, a PEG ratio of 5.48 and a beta of 1.03. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.87 and a quick ratio of 1.59.
Digital Realty Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s dividend payout ratio is currently 236.89%.
Analyst Ratings Changes
A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $215.00 target price on shares of Digital Realty Trust in a research note on Friday, April 24th. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a report on Wednesday, July 15th. Jefferies Financial Group lifted their price target on Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Barclays upped their price objective on Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $218.17.
Check Out Our Latest Report on Digital Realty Trust
Digital Realty Trust Profile
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.
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