Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by BluePointe Capital Management LLC

BluePointe Capital Management LLC raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,272 shares of the real estate investment trust’s stock after buying an additional 93 shares during the quarter. BluePointe Capital Management LLC’s holdings in Digital Realty Trust were worth $584,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DLR. OneDigital Investment Advisors LLC increased its position in Digital Realty Trust by 3.2% in 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 during the period. Empowered Funds LLC increased its holdings in shares of Digital Realty Trust by 9.2% during the third 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 during the period. Claro Advisors LLC acquired a new stake in Digital Realty Trust in the third quarter worth about $223,000. Thrivent Financial for Lutherans lifted its stake in shares of Digital Realty Trust by 3.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 64,320 shares of the real estate investment trust’s stock worth $10,409,000 after acquiring an additional 1,960 shares during the period. Finally, Banque Cantonale Vaudoise lifted its position in Digital Realty Trust by 14.9% in the third quarter. Banque Cantonale Vaudoise now owns 24,534 shares of the real estate investment trust’s stock worth $3,970,000 after purchasing an additional 3,182 shares during the period. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of DLR stock opened at $151.08 on Thursday. Digital Realty Trust, Inc. has a 1 year low of $135.54 and a 1 year high of $198.00. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The firm’s 50 day moving average is $163.85 and its 200-day moving average is $169.91. The firm has a market capitalization of $50.86 billion, a price-to-earnings ratio of 93.26, a PEG ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date of this dividend is Friday, March 14th. Digital Realty Trust’s payout ratio is currently 301.23%.

Wall Street Analysts Forecast Growth

DLR has been the topic of several recent research reports. JMP Securities restated a “market outperform” rating and issued a $220.00 price target on shares of Digital Realty Trust in a research report on Tuesday, February 18th. Stifel Nicolaus boosted their target price on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price target for the company from $185.00 to $194.00 in a research report on Wednesday, January 15th. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $147.00 to $205.00 in a report on Tuesday, January 7th. Finally, StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 22nd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.