Digital Realty Trust, Inc. $DLR Shares Purchased by Walleye Capital LLC

Walleye Capital LLC increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2,106.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 125,701 shares of the real estate investment trust’s stock after buying an additional 120,003 shares during the quarter. Walleye Capital LLC’s holdings in Digital Realty Trust were worth $22,653,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Sunbelt Securities Inc. grew its holdings in Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 125 shares during the period. Bell Investment Advisors Inc lifted its holdings in shares of Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 62 shares during the period. Harvest Fund Management Co. Ltd boosted its position in shares of Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 165 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Digital Realty Trust in the third quarter worth approximately $34,000. Finally, MCF Advisors LLC purchased a new stake in Digital Realty Trust in the fourth quarter valued at approximately $35,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on DLR shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $215.00 price target on shares of Digital Realty Trust in a research note on Friday, April 24th. Stifel Nicolaus upped their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Wells Fargo & Company increased their target price on Digital Realty Trust from $195.00 to $220.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Evercore lifted their target price on Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. upped their price target on Digital Realty Trust from $210.00 to $230.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $216.17.

Digital Realty Trust Trading Down 0.5%

Shares of DLR stock opened at $178.48 on Thursday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The firm’s 50 day moving average price is $184.61 and its two-hundred day moving average price is $180.41. The stock has a market cap of $62.72 billion, a price-to-earnings ratio of 47.09, a price-to-earnings-growth ratio of 4.88 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the business earned $1.77 earnings per share. The business’s quarterly revenue was up 16.2% compared to the same quarter last year. On average, analysts anticipate that Digital Realty Trust, Inc. will post 8.04 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.7%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s dividend payout ratio is currently 128.76%.

About Digital Realty Trust

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.