EP Wealth Advisors LLC Buys 170 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

EP Wealth Advisors LLC lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,703 shares of the real estate investment trust’s stock after purchasing an additional 170 shares during the quarter. EP Wealth Advisors LLC’s holdings in Digital Realty Trust were worth $834,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Nordea Investment Management AB increased its holdings in shares of Digital Realty Trust by 6.1% during the fourth quarter. Nordea Investment Management AB now owns 26,439 shares of the real estate investment trust’s stock worth $4,693,000 after buying an additional 1,519 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Digital Realty Trust in the 4th quarter worth about $240,000. First Hawaiian Bank raised its position in Digital Realty Trust by 30.0% in the fourth quarter. First Hawaiian Bank now owns 3,232 shares of the real estate investment trust’s stock valued at $573,000 after purchasing an additional 745 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Digital Realty Trust by 1.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 105,436 shares of the real estate investment trust’s stock valued at $17,063,000 after purchasing an additional 1,408 shares in the last quarter. Finally, ST Germain D J Co. Inc. grew its holdings in shares of Digital Realty Trust by 159.9% during the fourth quarter. ST Germain D J Co. Inc. now owns 421 shares of the real estate investment trust’s stock worth $75,000 after purchasing an additional 259 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on DLR shares. Wells Fargo & Company cut their target price on shares of 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. New Street Research raised shares of Digital Realty Trust to a “hold” rating in a research note on Monday, April 28th. JPMorgan Chase & Co. increased their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Scotiabank cut their target price on Digital Realty Trust from $208.00 to $206.00 and set a “sector outperform” rating on the stock in a report on Tuesday, April 22nd. Finally, Citigroup decreased their price target on Digital Realty Trust from $188.00 to $174.00 and set a “buy” rating for the company in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $183.05.

Digital Realty Trust Stock Down 0.1 %

Shares of NYSE:DLR opened at $166.59 on Friday. The firm has a market cap of $56.11 billion, a P/E ratio of 102.83, a PEG ratio of 4.38 and a beta of 0.93. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $198.00. The business’s 50 day simple moving average is $150.78 and its two-hundred day simple moving average is $167.74. 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 (NYSE:DLR) last posted its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.04. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Digital Realty Trust’s revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.67 EPS. As a group, research analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.93%. The ex-dividend date was Friday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 456.07%.

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.