Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas raised its position in Digital Realty Trust, Inc. (NYSE:DLR) by 31.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,136 shares of the real estate investment trust’s stock after acquiring an additional 10,210 shares during the quarter. Teacher Retirement System of Texas’ holdings in Digital Realty Trust were worth $7,649,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DLR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Digital Realty Trust by 501.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock valued at $700,224,000 after acquiring an additional 3,607,802 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in Digital Realty Trust in the 3rd quarter valued at about $132,980,000. Raymond James Financial Inc. acquired a new position in shares of Digital Realty Trust during the fourth quarter worth about $125,336,000. National Pension Service grew its position in shares of Digital Realty Trust by 88.8% during the fourth quarter. National Pension Service now owns 788,426 shares of the real estate investment trust’s stock worth $139,812,000 after buying an additional 370,835 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in shares of Digital Realty Trust during the fourth quarter worth about $38,428,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $150.76 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00. The stock has a 50 day moving average of $162.82 and a two-hundred day moving average of $169.91. The stock has a market cap of $50.75 billion, a P/E ratio of 93.06, a P/E/G ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. On average, research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

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 dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.24%. The ex-dividend date of this dividend is Friday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 301.23%.

Analysts Set New Price Targets

A number of brokerages have recently commented on DLR. Truist Financial lowered their price objective on 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. JMP Securities reissued a “market outperform” rating and set a $220.00 price objective on shares of Digital Realty Trust in a research report on Tuesday, February 18th. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $147.00 to $205.00 in a research report on Tuesday, January 7th. Wells Fargo & Company lowered their price objective on 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, JPMorgan Chase & Co. boosted their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $179.95.

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.