Digital Realty Trust, Inc. (NYSE:DLR) Stock Position Raised by Natixis

Natixis raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 197.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,017 shares of the real estate investment trust’s stock after purchasing an additional 48,431 shares during the period. Natixis’ holdings in Digital Realty Trust were worth $10,517,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Gladstone Institutional Advisory LLC raised its stake in shares of Digital Realty Trust by 1.2% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 6,301 shares of the real estate investment trust’s stock worth $848,000 after purchasing an additional 72 shares in the last quarter. Schechter Investment Advisors LLC increased its holdings in shares of Digital Realty Trust by 2.4% during the 4th quarter. Schechter Investment Advisors LLC now owns 3,347 shares of the real estate investment trust’s stock valued at $450,000 after acquiring an additional 78 shares during the last quarter. CENTRAL TRUST Co raised its stake in shares of Digital Realty Trust by 13.6% in the 1st quarter. CENTRAL TRUST Co now owns 700 shares of the real estate investment trust’s stock valued at $101,000 after acquiring an additional 84 shares in the last quarter. Benedict Financial Advisors Inc. raised its stake in shares of Digital Realty Trust by 0.5% in the 1st quarter. Benedict Financial Advisors Inc. now owns 18,207 shares of the real estate investment trust’s stock valued at $2,623,000 after acquiring an additional 84 shares in the last quarter. Finally, Taylor Frigon Capital Management LLC raised its stake in shares of Digital Realty Trust by 0.6% in the 1st quarter. Taylor Frigon Capital Management LLC now owns 15,211 shares of the real estate investment trust’s stock valued at $2,191,000 after acquiring an additional 87 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Down 2.8 %

Shares of Digital Realty Trust stock traded down $4.29 during trading hours on Thursday, hitting $147.37. The company’s stock had a trading volume of 2,420,910 shares, compared to its average volume of 1,906,105. Digital Realty Trust, Inc. has a 12 month low of $113.94 and a 12 month high of $162.58. The stock has a 50 day moving average of $149.48 and a 200 day moving average of $144.30. The company has a market capitalization of $46.04 billion, a PE ratio of 40.94, a price-to-earnings-growth ratio of 11.30 and a beta of 0.59. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.29 and a quick ratio of 1.29.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were given a dividend of $1.22 per share. The ex-dividend date was Friday, June 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.31%. Digital Realty Trust’s dividend payout ratio is currently 135.56%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. The Goldman Sachs Group assumed coverage on Digital Realty Trust in a research note on Monday, July 1st. They issued a “buy” rating and a $175.00 price objective on the stock. Barclays raised their price objective on Digital Realty Trust from $123.00 to $130.00 and gave the company an “underweight” rating in a research note on Wednesday. UBS Group raised their price objective on Digital Realty Trust from $143.00 to $147.00 and gave the company a “neutral” rating in a research note on Friday, May 3rd. Wells Fargo & Company raised their price objective on Digital Realty Trust from $155.00 to $170.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, BMO Capital Markets raised Digital Realty Trust from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $144.00 to $170.00 in a research report on Wednesday, June 26th. Three analysts have rated the stock with a sell rating, six have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $152.30.

View Our Latest Analysis on DLR

Digital Realty Trust Company Profile

(Free Report)

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.

See Also

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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