one8zero8 LLC Purchases New Shares in Digital Realty Trust, Inc. (NYSE:DLR)

one8zero8 LLC acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,425 shares of the real estate investment trust’s stock, valued at approximately $607,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Sierra Ocean LLC purchased a new stake in shares of Digital Realty Trust in the 4th quarter worth about $29,000. FNY Investment Advisers LLC bought a new stake in Digital Realty Trust during the fourth quarter worth about $35,000. Fairway Wealth LLC purchased a new stake in Digital Realty Trust in the fourth quarter worth about $35,000. Versant Capital Management Inc increased its stake in shares of 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 valued at $37,000 after purchasing an additional 173 shares in the last quarter. Finally, Centricity Wealth Management LLC purchased a new position in shares of Digital Realty Trust during the fourth quarter valued at approximately $37,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 1.7 %

Digital Realty Trust stock opened at $148.41 on Monday. Digital Realty Trust, Inc. has a 52-week low of $135.54 and a 52-week high of $198.00. The company has a market cap 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. The business has a 50-day simple moving average of $165.62 and a two-hundred day simple moving average of $170.04.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) 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%. Analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on DLR shares. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their price target for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. JMP Securities reissued a “market outperform” rating and issued a $220.00 target price on shares of Digital Realty Trust in a research note on Tuesday, February 18th. StockNews.com lowered Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 22nd. Truist Financial cut their price objective on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating on the stock in a research report on Monday, March 10th. Finally, Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $180.11.

Digital Realty Trust Company 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.