TD Waterhouse Canada Inc. Has $1.23 Million Position in Digital Realty Trust, Inc. (NYSE:DLR)

TD Waterhouse Canada Inc. decreased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 15.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,932 shares of the real estate investment trust’s stock after selling 1,275 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Digital Realty Trust were worth $1,229,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of DLR. Sierra Ocean LLC bought a new stake in shares of Digital Realty Trust during the fourth quarter worth approximately $29,000. FNY Investment Advisers LLC bought a new stake in Digital Realty Trust in the 4th quarter valued at $35,000. Fairway Wealth LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at $35,000. Versant Capital Management Inc increased its position in 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 buying an additional 173 shares during the period. Finally, Centricity Wealth Management LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $153.73 on Friday. The firm has a market cap of $51.77 billion, a PE ratio of 94.90, a price-to-earnings-growth ratio of 4.38 and a beta of 0.92. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The firm’s fifty day moving average is $150.21 and its 200-day moving average is $167.59. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $0.05. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Sell-side analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a $1.22 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.17%. Digital Realty Trust’s dividend payout ratio is currently 301.23%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Wells Fargo & Company dropped their price target on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. Barclays reduced their price target on Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating on the stock in a research report on Thursday, March 20th. Scotiabank dropped their price objective on Digital Realty Trust from $208.00 to $206.00 and set a “sector outperform” rating for the company in a report on Tuesday. Finally, Citigroup reduced their target price on Digital Realty Trust from $188.00 to $174.00 and set a “buy” rating on the stock in a report on Thursday, April 17th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $183.68.

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.