1,328 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Acquired by Choate Investment Advisors

Choate Investment Advisors purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,328 shares of the real estate investment trust’s stock, valued at approximately $235,000.

Several other institutional investors have also made changes to their positions in the stock. Natixis Advisors LLC lifted its stake in Digital Realty Trust by 14.5% in the fourth quarter. Natixis Advisors LLC now owns 208,886 shares of the real estate investment trust’s stock valued at $37,042,000 after acquiring an additional 26,421 shares during the last quarter. Zevin Asset Management LLC lifted its stake in Digital Realty Trust by 11.5% in the fourth quarter. Zevin Asset Management LLC now owns 80,435 shares of the real estate investment trust’s stock valued at $14,264,000 after acquiring an additional 8,308 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in Digital Realty Trust in the fourth quarter valued at approximately $3,456,000. Commonwealth Equity Services LLC lifted its stake in Digital Realty Trust by 0.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 111,542 shares of the real estate investment trust’s stock valued at $19,780,000 after acquiring an additional 875 shares during the last quarter. Finally, PGGM Investments lifted its stake in Digital Realty Trust by 27.5% in the fourth quarter. PGGM Investments now owns 408,421 shares of the real estate investment trust’s stock valued at $72,425,000 after acquiring an additional 88,061 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Up 2.3 %

Shares of Digital Realty Trust stock opened at $151.94 on Tuesday. The firm has a market capitalization of $51.15 billion, a PE ratio of 93.79, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The company’s fifty day moving average price is $165.07 and its two-hundred day moving average price is $170.06. Digital Realty Trust, Inc. has a 52-week low of $135.54 and a 52-week high of $198.00.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 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%. On average, analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced 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 is Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.21%. Digital Realty Trust’s dividend payout ratio is presently 301.23%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DLR. Scotiabank upgraded shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price for the company in a research note on Tuesday, February 18th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Wells Fargo & Company reduced 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 research note on Tuesday, February 4th. StockNews.com cut shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. 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 assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average 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.