Banco Bilbao Vizcaya Argentaria S.A. Has $2.21 Million Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Banco Bilbao Vizcaya Argentaria S.A. decreased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 33.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,470 shares of the real estate investment trust’s stock after selling 6,325 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Digital Realty Trust were worth $2,210,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Sierra Ocean LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter worth about $29,000. FNY Investment Advisers LLC bought a new stake in Digital Realty Trust during the 4th quarter worth approximately $35,000. Fairway Wealth LLC acquired a new stake in Digital Realty Trust during the 4th quarter worth approximately $35,000. Versant Capital Management Inc lifted its stake in Digital Realty Trust by 480.6% in the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 173 shares in the last quarter. Finally, Centricity Wealth Management LLC acquired a new position in shares of Digital Realty Trust in the fourth quarter valued at approximately $37,000. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

DLR has been the topic of several research reports. Mizuho cut their price objective on shares of Digital Realty Trust from $211.00 to $177.00 and set an “outperform” rating on the stock in a research report on Friday, March 28th. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their price target for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their target price for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Citigroup reduced their price target on Digital Realty Trust from $188.00 to $174.00 and set a “buy” rating for the company in a research report on Thursday, April 17th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of 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 investment analysts have rated the stock with a sell rating, four have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $183.05.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $160.10 on Friday. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average price is $150.10 and its two-hundred day moving average price is $167.66. The company has a market cap of $53.91 billion, a PE ratio of 98.83, a price-to-earnings-growth ratio of 4.38 and a beta of 0.92. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates 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, analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date was Friday, March 14th. Digital Realty Trust’s dividend payout ratio is presently 301.23%.

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.