Natixis Advisors LLC Has $37.04 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Natixis Advisors LLC boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 14.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 208,886 shares of the real estate investment trust’s stock after purchasing an additional 26,421 shares during the period. Natixis Advisors LLC’s holdings in Digital Realty Trust were worth $37,042,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DLR. Impax Asset Management Group plc acquired a new stake in Digital Realty Trust during the third quarter worth about $1,082,000. OneDigital Investment Advisors LLC grew its stake in Digital Realty Trust by 3.2% during the third quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock worth $305,000 after buying an additional 59 shares in the last quarter. CIBC Asset Management Inc boosted its stake in shares of Digital Realty Trust by 4.1% in the 3rd quarter. CIBC Asset Management Inc now owns 45,097 shares of the real estate investment trust’s stock valued at $7,298,000 after purchasing an additional 1,778 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Digital Realty Trust by 9.2% in the 3rd quarter. Empowered Funds LLC now owns 4,937 shares of the real estate investment trust’s stock valued at $799,000 after purchasing an additional 417 shares in the last quarter. Finally, Coastline Trust Co acquired a new stake in shares of Digital Realty Trust in the 3rd quarter valued at approximately $178,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $148.41 on Monday. The company has a fifty day moving average of $165.62 and a 200-day moving average of $170.04. The firm has a market capitalization of $49.96 billion, a P/E ratio of 91.61, a P/E/G ratio of 4.38 and a beta of 0.65. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, beating 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%. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.29%. Digital Realty Trust’s dividend payout ratio is currently 301.23%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DLR. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Stifel Nicolaus raised their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. JMP Securities restated a “market outperform” rating and issued a $220.00 price target on shares of Digital Realty Trust in a research note on Tuesday, February 18th. Finally, Wells Fargo & Company dropped their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $180.11.

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.