UniSuper Management Pty Ltd Has $84.92 Million Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

UniSuper Management Pty Ltd increased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 478,884 shares of the real estate investment trust’s stock after acquiring an additional 6,396 shares during the quarter. Digital Realty Trust comprises approximately 0.6% of UniSuper Management Pty Ltd’s holdings, making the stock its 27th largest holding. UniSuper Management Pty Ltd owned 0.14% of Digital Realty Trust worth $84,920,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Sierra Ocean LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $29,000. FNY Investment Advisers LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at approximately $35,000. Fairway Wealth LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter worth approximately $35,000. Versant Capital Management Inc grew its holdings in shares of Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 173 shares in the last quarter. Finally, Centricity Wealth Management LLC bought a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $37,000. 99.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on DLR shares. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their price target for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Scotiabank raised shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price on the stock in a research note on Tuesday, February 18th. Barclays cut their price target on shares of Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating for the company in a research note on Thursday, March 20th. Wells Fargo & Company lowered their price objective on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Finally, Truist Financial cut their target price on Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a research report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $179.95.

Digital Realty Trust Stock Performance

DLR stock opened at $149.37 on Thursday. The company has a 50 day moving average price of $161.53 and a 200 day moving average price of $169.97. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The stock has a market capitalization of $50.29 billion, a PE ratio of 92.21, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping 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%. Analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.27%. The ex-dividend date of this dividend is Friday, March 14th. Digital Realty Trust’s dividend payout ratio is 301.23%.

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.