Coldstream Capital Management Inc. Purchases 192 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Coldstream Capital Management Inc. increased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 3.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 5,779 shares of the real estate investment trust’s stock after acquiring an additional 192 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Digital Realty Trust were worth $1,025,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of DLR. Sierra Ocean LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter worth $29,000. FNY Investment Advisers LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter worth $35,000. Fairway Wealth LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter worth $35,000. Versant Capital Management Inc grew its holdings in shares of 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 worth $37,000 after acquiring an additional 173 shares during the period. Finally, Centricity Wealth Management LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter worth $37,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

NYSE:DLR opened at $160.50 on Tuesday. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $54.05 billion, a P/E ratio of 99.07, a P/E/G ratio of 4.38 and a beta of 0.92. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00. The business’s 50-day moving average is $149.92 and its 200 day moving average is $167.72.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.04. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.67 earnings per share. On average, equities research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a $1.22 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.04%. Digital Realty Trust’s dividend payout ratio is currently 301.23%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DLR. Mizuho cut their price objective on Digital Realty Trust from $211.00 to $177.00 and set an “outperform” rating for the company in a report on Friday, March 28th. Jefferies Financial Group reiterated a “buy” rating and set a $193.00 target price (up from $190.00) on shares of Digital Realty Trust in a research report on Friday. Wells Fargo & Company lowered their target price on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. JPMorgan Chase & Co. lifted their target price on Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their target price for the company from $185.00 to $194.00 in a research report on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock 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.