Generali Investments CEE investicni spolecnost a.s. Takes $2.78 Million Position in Digital Realty Trust, Inc. (NYSE:DLR)

Generali Investments CEE investicni spolecnost a.s. purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 15,700 shares of the real estate investment trust’s stock, valued at approximately $2,784,000.

A number of other institutional investors also recently modified their holdings of DLR. Farther Finance Advisors LLC raised its position in shares of Digital Realty Trust by 32.9% in the third quarter. Farther Finance Advisors LLC now owns 2,320 shares of the real estate investment trust’s stock valued at $375,000 after purchasing an additional 574 shares during the period. Janney Montgomery Scott LLC increased its position in Digital Realty Trust by 40.6% during the third quarter. Janney Montgomery Scott LLC now owns 43,440 shares of the real estate investment trust’s stock worth $7,030,000 after acquiring an additional 12,544 shares during the period. Robeco Institutional Asset Management B.V. increased its position in Digital Realty Trust by 16.6% during the third quarter. Robeco Institutional Asset Management B.V. now owns 27,525 shares of the real estate investment trust’s stock worth $4,454,000 after acquiring an additional 3,923 shares during the period. Concurrent Investment Advisors LLC increased its position in Digital Realty Trust by 94.6% during the third quarter. Concurrent Investment Advisors LLC now owns 6,420 shares of the real estate investment trust’s stock worth $1,039,000 after acquiring an additional 3,121 shares during the period. Finally, Graypoint LLC increased its position in Digital Realty Trust by 6.7% during the third quarter. Graypoint LLC now owns 2,393 shares of the real estate investment trust’s stock worth $387,000 after acquiring an additional 150 shares during the period. Institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DLR. 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. JMP Securities reaffirmed a “market outperform” rating and set a $220.00 target price on shares of Digital Realty Trust in a research report on Tuesday, February 18th. Barclays boosted their target price on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research report on Monday, November 18th. Truist Financial lifted their price target on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Finally, UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and an average price target of $181.00.

Insiders Place Their Bets

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Up 0.5 %

Shares of NYSE:DLR opened at $149.13 on Friday. Digital Realty Trust, Inc. has a 52 week low of $135.54 and a 52 week high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The company’s fifty day moving average is $168.64 and its 200-day moving average is $169.87. The company has a market capitalization of $50.20 billion, a PE ratio of 92.06, a P/E/G ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Equities research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.27%. Digital Realty Trust’s dividend payout ratio is currently 301.23%.

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.