Signaturefd LLC Increases Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Signaturefd LLC raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,302 shares of the real estate investment trust’s stock after buying an additional 150 shares during the period. Signaturefd LLC’s holdings in Digital Realty Trust were worth $763,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Sierra Ocean LLC purchased a new stake in Digital Realty Trust during the 4th quarter valued at $29,000. FNY Investment Advisers LLC purchased a new stake in shares of Digital Realty Trust in the 4th quarter worth about $35,000. Fairway Wealth LLC purchased a new stake in shares of Digital Realty Trust in the 4th quarter worth about $35,000. Versant Capital Management Inc lifted its position in shares of Digital Realty Trust by 480.6% in 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 period. Finally, Centricity Wealth Management LLC purchased a new stake in shares of Digital Realty Trust in the 4th quarter worth about $37,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analysts Set New Price Targets

DLR has been the subject of several research analyst reports. UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and raised their target price 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 for the company in a research report on Tuesday, February 18th. Truist Financial dropped their target price on shares of 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. Wells Fargo & Company dropped their target price 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. Finally, StockNews.com cut shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 22nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $180.11.

Digital Realty Trust Stock Up 1.6 %

NYSE:DLR opened at $151.08 on Thursday. The firm has a market cap of $50.86 billion, a P/E ratio of 93.26, a P/E/G ratio of 4.38 and a beta of 0.65. 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, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The firm has a 50-day simple moving average of $163.85 and a two-hundred day simple moving average of $169.91.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $1.22 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.23%. Digital Realty Trust’s dividend payout ratio is presently 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.