Mufg Securities Americas Inc. Takes $816,000 Position in Digital Realty Trust, Inc. (NYSE:DLR)

Mufg Securities Americas Inc. acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,604 shares of the real estate investment trust’s stock, valued at approximately $816,000.

Other hedge funds also recently made changes to their positions in the company. Sierra Ocean LLC acquired a new stake in Digital Realty Trust during the 4th quarter valued at $29,000. FNY Investment Advisers LLC acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth about $35,000. Fairway Wealth LLC bought a new stake in shares of Digital Realty Trust during the 4th quarter worth about $35,000. Centricity Wealth Management LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at about $37,000. Finally, First Financial Corp IN bought a new position in Digital Realty Trust in the 4th quarter valued at about $42,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $165.21 on Thursday. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The firm has a fifty day simple moving average of $151.63 and a 200 day simple moving average of $167.63. The company has a market capitalization of $55.64 billion, a PE ratio of 101.98, a P/E/G ratio of 4.38 and a beta of 0.93. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.04. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period last year, the business posted $1.67 EPS. The business’s revenue was up 5.7% compared to the same quarter last year. On average, sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS 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 given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.95%. The ex-dividend date was Friday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is 456.07%.

Analyst Ratings Changes

DLR has been the topic of several research reports. Oppenheimer began coverage on Digital Realty Trust in a research report on Wednesday. They issued an “outperform” rating and a $200.00 target price on the stock. Wells Fargo & Company decreased their price objective 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. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their target price for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Jefferies Financial Group restated a “buy” rating and issued a $193.00 price target (up from $190.00) on shares of Digital Realty Trust in a research note on Friday, April 25th. Finally, New Street Research raised Digital Realty Trust to a “hold” rating in a research report on Monday, April 28th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $183.85.

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.