Czech National Bank increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 4.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 85,141 shares of the real estate investment trust’s stock after buying an additional 3,719 shares during the period. Czech National Bank’s holdings in Digital Realty Trust were worth $13,172,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Bison Wealth LLC grew its position in shares of Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after purchasing an additional 390 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Digital Realty Trust by 9.4% during the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after purchasing an additional 584 shares during the last quarter. Global Retirement Partners LLC bought a new stake in Digital Realty Trust during the 2nd quarter valued at approximately $293,000. CreativeOne Wealth LLC grew its holdings in Digital Realty Trust by 25.1% in the 2nd quarter. CreativeOne Wealth LLC now owns 1,752 shares of the real estate investment trust’s stock valued at $305,000 after buying an additional 352 shares during the last quarter. Finally, Insigneo Advisory Services LLC acquired a new stake in Digital Realty Trust in the 2nd quarter valued at approximately $225,000. Institutional investors own 99.71% of the company’s stock.
Digital Realty Trust Price Performance
Shares of Digital Realty Trust stock opened at $174.70 on Friday. The stock has a market capitalization of $60.03 billion, a price-to-earnings ratio of 48.53, a P/E/G ratio of 3.90 and a beta of 1.12. The firm’s 50-day moving average price is $173.34 and its two-hundred day moving average price is $167.60. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $184.79.
Digital Realty Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s dividend payout ratio is presently 135.56%.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on DLR. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft started coverage on shares of Digital Realty Trust in a research report on Monday, January 5th. They set a “buy” rating and a $180.00 target price on the stock. Truist Financial upped their target price on shares of Digital Realty Trust from $200.00 to $202.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Raymond James Financial reissued a “strong-buy” rating and issued a $210.00 price target on shares of Digital Realty Trust in a report on Thursday, March 12th. Finally, Sanford C. Bernstein began coverage on shares of Digital Realty Trust in a report on Thursday, March 5th. They set an “outperform” rating and a $218.00 price objective on the stock. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Digital Realty Trust has an average rating of “Moderate Buy” and an average price target of $194.68.
Read Our Latest Analysis on Digital Realty Trust
Digital Realty Trust Company Profile
Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.
Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.
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