Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Sfmg LLC

Sfmg LLC lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 13.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,769 shares of the real estate investment trust’s stock after acquiring an additional 561 shares during the period. Sfmg LLC’s holdings in Digital Realty Trust were worth $846,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Sierra Ocean LLC acquired a new stake in Digital Realty Trust in the 4th quarter worth about $29,000. FNY Investment Advisers LLC acquired a new stake in Digital Realty Trust in the 4th quarter worth about $35,000. Fairway Wealth LLC acquired a new stake in Digital Realty Trust in the 4th quarter worth about $35,000. Versant Capital Management Inc boosted its stake in Digital Realty Trust by 480.6% in the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 173 shares during the last quarter. Finally, Centricity Wealth Management LLC acquired a new stake in Digital Realty Trust in the 4th quarter worth about $37,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

DLR stock opened at $150.76 on Friday. 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 52-week low of $135.54 and a 52-week high of $198.00. The stock’s 50 day moving average is $162.82 and its two-hundred day moving average is $169.77. The company has a market capitalization of $50.75 billion, a PE ratio of 93.06, a P/E/G ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data 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 return on equity of 2.97% and a net margin of 10.85%. 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 firm 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 3.24%. Digital Realty Trust’s dividend payout ratio is presently 301.23%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on DLR shares. Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. JMP Securities reaffirmed a “market outperform” rating and issued a $220.00 price objective on shares of Digital Realty Trust in a research note on Tuesday, February 18th. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. JPMorgan Chase & Co. lifted their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Finally, StockNews.com lowered Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 22nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $179.95.

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.