CX Institutional Purchases 161 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

CX Institutional increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 10.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,634 shares of the real estate investment trust’s stock after buying an additional 161 shares during the period. CX Institutional’s holdings in Digital Realty Trust were worth $290,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Marshall Wace LLP bought a new stake in Digital Realty Trust in the second quarter valued at $12,877,000. APG Asset Management N.V. increased its stake in Digital Realty Trust by 226.1% in the second quarter. APG Asset Management N.V. now owns 36,634 shares of the real estate investment trust’s stock valued at $5,197,000 after purchasing an additional 25,400 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Digital Realty Trust by 2.8% in the second quarter. The Manufacturers Life Insurance Company now owns 498,830 shares of the real estate investment trust’s stock valued at $75,847,000 after purchasing an additional 13,616 shares in the last quarter. Mackenzie Financial Corp increased its stake in Digital Realty Trust by 1.3% in the second quarter. Mackenzie Financial Corp now owns 28,895 shares of the real estate investment trust’s stock valued at $4,393,000 after purchasing an additional 367 shares in the last quarter. Finally, Creative Planning increased its stake in Digital Realty Trust by 2.3% in the second quarter. Creative Planning now owns 164,626 shares of the real estate investment trust’s stock valued at $25,031,000 after purchasing an additional 3,706 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Down 1.6 %

DLR opened at $180.56 on Monday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The stock has a market cap of $59.89 billion, a price-to-earnings ratio of 151.73, a PEG ratio of 4.64 and a beta of 0.64. Digital Realty Trust, Inc. has a twelve month low of $131.42 and a twelve month high of $198.00. The company’s 50-day moving average price is $183.37 and its two-hundred day moving average price is $167.82.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The firm’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.62 earnings per share. As a group, equities analysts expect that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, December 13th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date was Friday, December 13th. Digital Realty Trust’s payout ratio is 410.08%.

Wall Street Analysts Forecast Growth

DLR has been the subject of several research analyst reports. Hsbc Global Res raised shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a research note on Friday, October 4th. Raymond James boosted their target price on shares of Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 25th. HSBC raised shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and boosted their target price for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Stifel Nicolaus boosted their target price on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Finally, Jefferies Financial Group boosted their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $178.89.

Digital Realty Trust 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.