Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Captrust Financial Advisors

Captrust Financial Advisors lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 78,721 shares of the real estate investment trust’s stock after purchasing an additional 2,197 shares during the quarter. Captrust Financial Advisors’ holdings in Digital Realty Trust were worth $13,960,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of DLR. Sierra Ocean LLC acquired a new stake in Digital Realty Trust in the fourth quarter valued at approximately $29,000. FNY Investment Advisers LLC acquired a new position in shares of Digital Realty Trust in the fourth quarter worth about $35,000. Fairway Wealth LLC purchased a new position in Digital Realty Trust in the fourth quarter valued at about $35,000. Versant Capital Management Inc increased its holdings 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 purchasing an additional 173 shares during the last quarter. Finally, Centricity Wealth Management LLC acquired a new position in shares of Digital Realty Trust in the 4th quarter valued at approximately $37,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Price Performance

NYSE DLR opened at $166.92 on Wednesday. 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 firm has a market capitalization of $56.21 billion, a price-to-earnings ratio of 103.04, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93. The company has a 50 day simple moving average of $150.12 and a 200-day simple moving average of $167.71. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $198.00.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, beating the consensus estimate of $1.73 by $0.04. The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.67 EPS. Equities research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date was Friday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is 456.07%.

Analyst Upgrades and Downgrades

DLR has been the topic of several recent analyst reports. UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their price target for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Wells Fargo & Company lowered their price target on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. Barclays dropped their price objective on shares of Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating on the stock in a research note on Thursday, March 20th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $193.00 target price (up from $190.00) on shares of Digital Realty Trust in a research note on Friday, April 25th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and a consensus target price of $183.05.

About Digital Realty Trust

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.