Sequoia Financial Advisors LLC Buys 1,927 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Sequoia Financial Advisors LLC increased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 11.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,196 shares of the real estate investment trust’s stock after buying an additional 1,927 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Digital Realty Trust were worth $3,227,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Private Advisor Group LLC grew its stake in Digital Realty Trust by 4.1% in the 4th quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust’s stock valued at $2,400,000 after purchasing an additional 527 shares during the period. AEGON ASSET MANAGEMENT UK Plc grew its stake in Digital Realty Trust by 17.7% in the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock valued at $11,768,000 after purchasing an additional 9,959 shares during the period. Capital Investment Advisors LLC grew its stake in Digital Realty Trust by 26.4% in the 4th quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock valued at $9,682,000 after purchasing an additional 11,405 shares during the period. Rockefeller Capital Management L.P. grew its stake in Digital Realty Trust by 6.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust’s stock valued at $61,643,000 after purchasing an additional 23,028 shares during the period. Finally, Leavell Investment Management Inc. grew its stake in Digital Realty Trust by 74.1% in the 4th quarter. Leavell Investment Management Inc. now owns 18,283 shares of the real estate investment trust’s stock valued at $3,262,000 after purchasing an additional 7,781 shares during the period. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $145.77 on Friday. The business’s 50-day moving average price is $166.28 and its two-hundred day moving average price is $169.78. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00. The stock has a market cap of $49.07 billion, a P/E ratio of 89.98, a PEG ratio of 4.38 and a beta of 0.65. 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 (NYSE:DLR) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. As a group, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.35%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 301.23%.

Analyst Ratings Changes

A number of brokerages have issued reports on DLR. Citizens Jmp upgraded Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. JPMorgan Chase & Co. upped their price target 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. Barclays upped their price target on Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a research report on Monday, November 18th. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price target for the company from $185.00 to $194.00 in a research report on Wednesday, January 15th. Finally, UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their price target for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $180.11.

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.