Swedbank AB Raises Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Swedbank AB boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 15.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 308,056 shares of the real estate investment trust’s stock after purchasing an additional 40,815 shares during the period. Swedbank AB owned approximately 0.09% of Digital Realty Trust worth $54,628,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DLR. Adirondack Trust Co. raised its stake in Digital Realty Trust by 68.6% during the third quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 81 shares during the period. FNY Investment Advisers LLC purchased a new position in Digital Realty Trust during the fourth quarter worth about $35,000. Versant Capital Management Inc raised its stake in Digital Realty Trust by 480.6% during the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 173 shares during the period. Future Financial Wealth Managment LLC acquired a new stake in shares of Digital Realty Trust during the third quarter valued at about $38,000. Finally, First Financial Corp IN acquired a new stake in shares of Digital Realty Trust during the fourth quarter valued at about $42,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DLR. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research report on Monday. Wells Fargo & Company lifted their price target on shares of Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, December 10th. Scotiabank lifted their price target on shares of Digital Realty Trust from $178.00 to $208.00 and gave the company a “sector perform” rating in a research report on Thursday, January 23rd. Truist Financial lifted their price objective on shares of Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Finally, JMP Securities started coverage on shares of Digital Realty Trust in a report on Monday. They issued an “outperform” rating and a $220.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $180.95.

Read Our Latest Stock Report on DLR

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Down 0.0 %

Shares of NYSE:DLR opened at $162.12 on Thursday. The company has a market capitalization of $53.78 billion, a PE ratio of 136.23, a P/E/G ratio of 4.64 and a beta of 0.64. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a twelve month low of $131.42 and a twelve month high of $198.00. The firm has a 50 day simple moving average of $182.49 and a 200-day simple moving average of $167.98.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 3.01%. Digital Realty Trust’s dividend payout ratio is presently 410.08%.

Digital Realty Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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