Security National Bank of Sioux City Iowa IA Has $2.53 Million Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Security National Bank of Sioux City Iowa IA reduced its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,239 shares of the real estate investment trust’s stock after selling 101 shares during the period. Digital Realty Trust accounts for approximately 1.8% of Security National Bank of Sioux City Iowa IA’s holdings, making the stock its 14th biggest position. Security National Bank of Sioux City Iowa IA’s holdings in Digital Realty Trust were worth $2,525,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in Digital Realty Trust during the fourth quarter valued at about $3,858,428,000. Northern Trust Corp grew its holdings in Digital Realty Trust by 57.5% in the 4th quarter. Northern Trust Corp now owns 5,080,550 shares of the real estate investment trust’s stock valued at $900,934,000 after buying an additional 1,854,748 shares during the last quarter. Deutsche Bank AG increased its position in Digital Realty Trust by 66.6% in the 4th quarter. Deutsche Bank AG now owns 3,081,821 shares of the real estate investment trust’s stock worth $546,499,000 after buying an additional 1,232,043 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Digital Realty Trust by 91.7% during the fourth quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust’s stock worth $271,279,000 after buying an additional 731,690 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $125,336,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 1.2%

Digital Realty Trust stock opened at $167.72 on Friday. The company has a 50 day moving average of $152.07 and a 200-day moving average of $167.52. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The stock has a market capitalization of $56.49 billion, a PE ratio of 103.53, a price-to-earnings-growth ratio of 4.38 and a beta of 0.93.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.04. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. The company’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.67 EPS. On average, equities research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm 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. This represents a $4.88 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 456.07%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on DLR shares. Wells Fargo & Company dropped 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. JPMorgan Chase & Co. increased their target price on Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. New Street Research raised shares of Digital Realty Trust to a “hold” rating in a report on Monday, April 28th. Barclays lowered their target price on Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating for the company in a research note on Thursday, March 20th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $220.00 price objective on shares of Digital Realty Trust in a report on Monday, April 28th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and an average target price of $183.85.

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.