Groupe la Francaise Has $4.28 Million Position in Digital Realty Trust, Inc. $DLR

Groupe la Francaise increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 20.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,634 shares of the real estate investment trust’s stock after buying an additional 4,215 shares during the period. Groupe la Francaise’s holdings in Digital Realty Trust were worth $4,275,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Digital Realty Trust by 1.0% during the second quarter. Vanguard Group Inc. now owns 52,892,557 shares of the real estate investment trust’s stock worth $9,220,759,000 after purchasing an additional 513,697 shares during the period. Norges Bank acquired a new position in Digital Realty Trust during the 2nd quarter worth approximately $3,808,270,000. Geode Capital Management LLC grew its position in Digital Realty Trust by 2.3% in the 2nd quarter. Geode Capital Management LLC now owns 8,850,818 shares of the real estate investment trust’s stock valued at $1,536,795,000 after purchasing an additional 196,579 shares during the period. Canada Pension Plan Investment Board raised its holdings in shares of Digital Realty Trust by 63.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 7,144,737 shares of the real estate investment trust’s stock worth $1,023,769,000 after acquiring an additional 2,760,286 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Digital Realty Trust by 4.3% in the first quarter. Northern Trust Corp now owns 5,301,199 shares of the real estate investment trust’s stock valued at $759,609,000 after purchasing an additional 220,649 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Activity

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $175.16, for a total transaction of $9,330,598.04. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mary Hogan Preusse sold 4,166 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 62,166 shares of company stock valued at $10,814,808. Insiders own 0.13% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $159.70 on Thursday. The business has a 50 day moving average of $167.97 and a 200 day moving average of $170.44. The company has a market capitalization of $54.86 billion, a price-to-earnings ratio of 41.27, a PEG ratio of 4.04 and a beta of 1.11. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $194.22. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.02.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $1.58 billion during the quarter. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. On average, sell-side 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, December 15th will be given a $1.22 dividend. The ex-dividend date is Monday, December 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.1%. Digital Realty Trust’s payout ratio is presently 126.10%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on DLR shares. Weiss Ratings restated a “buy (b-)” rating on shares of Digital Realty Trust in a research note on Monday. TD Cowen lifted their target price on shares of Digital Realty Trust from $163.00 to $179.00 and gave the stock a “hold” rating in a research note on Friday, October 24th. JPMorgan Chase & Co. raised their price objective on shares of Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, October 24th. Morgan Stanley began coverage on shares of Digital Realty Trust in a research note on Thursday, October 16th. They issued an “equal weight” rating and a $195.00 price objective for the company. Finally, Stifel Nicolaus set a $210.00 target price on Digital Realty Trust in a research report on Friday, October 24th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $198.14.

Digital Realty Trust 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.