Waterloo Capital L.P. Acquires 1,180 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Waterloo Capital L.P. raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 7.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,997 shares of the real estate investment trust’s stock after buying an additional 1,180 shares during the period. Waterloo Capital L.P.’s holdings in Digital Realty Trust were worth $3,191,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Mirabaud Asset Management Ltd boosted its stake in Digital Realty Trust by 4.6% during the 4th quarter. Mirabaud Asset Management Ltd now owns 17,955 shares of the real estate investment trust’s stock valued at $3,164,000 after purchasing an additional 783 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Digital Realty Trust by 16.8% in the fourth quarter. Russell Investments Group Ltd. now owns 2,078,317 shares of the real estate investment trust’s stock valued at $368,426,000 after purchasing an additional 299,268 shares in the last quarter. Hemenway Trust Co LLC boosted its position in shares of Digital Realty Trust by 11.7% during the fourth quarter. Hemenway Trust Co LLC now owns 1,564 shares of the real estate investment trust’s stock valued at $277,000 after buying an additional 164 shares during the last quarter. Wedbush Securities Inc. grew its holdings in Digital Realty Trust by 69.5% during the fourth quarter. Wedbush Securities Inc. now owns 3,064 shares of the real estate investment trust’s stock worth $543,000 after buying an additional 1,256 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Digital Realty Trust by 10.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 434,333 shares of the real estate investment trust’s stock valued at $77,020,000 after buying an additional 42,696 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on DLR shares. JMP Securities reiterated a “market outperform” rating and issued a $220.00 target price on shares of Digital Realty Trust in a research note on Tuesday, February 18th. UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $147.00 to $205.00 in a research report on Tuesday, January 7th. 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 report on Tuesday, February 18th. Mizuho reduced their target price on Digital Realty Trust from $211.00 to $177.00 and set an “outperform” rating for the company in a report on Friday, March 28th. Finally, Wells Fargo & Company dropped their price target on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average target price of $184.33.

Digital Realty Trust Trading Down 2.6 %

Shares of DLR stock opened at $137.45 on Friday. Digital Realty Trust, Inc. has a 1 year low of $135.53 and a 1 year high of $198.00. The company’s fifty day simple moving average is $156.26 and its two-hundred day simple moving average is $169.28. 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 $46.27 billion, a price-to-earnings ratio of 84.85, a PEG ratio of 4.38 and a beta of 0.92.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) 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%. As a group, analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.55%. The ex-dividend date was Friday, March 14th. Digital Realty Trust’s payout ratio is 301.23%.

Digital Realty Trust Company 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.