Zurcher Kantonalbank Zurich Cantonalbank Purchases 1,814 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 210,513 shares of the real estate investment trust’s stock after acquiring an additional 1,814 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.07% of Digital Realty Trust worth $28,331,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in DLR. Operose Advisors LLC bought a new stake in shares of Digital Realty Trust during the third quarter valued at approximately $27,000. Carolinas Wealth Consulting LLC increased its position in shares of Digital Realty Trust by 156.1% during the first quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 167 shares in the last quarter. Clear Street Markets LLC increased its position in shares of Digital Realty Trust by 28,900.0% during the fourth quarter. Clear Street Markets LLC now owns 290 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 289 shares in the last quarter. Baldwin Brothers LLC MA increased its position in shares of Digital Realty Trust by 528.6% during the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 185 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in Digital Realty Trust in the 4th quarter worth approximately $32,000. Institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Morgan Stanley lifted their target price on shares of Digital Realty Trust from $100.00 to $108.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 2nd. Citigroup lifted their target price on shares of Digital Realty Trust from $154.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Evercore ISI reaffirmed an “outperform” rating and issued a $154.00 target price on shares of Digital Realty Trust in a research report on Wednesday, March 27th. Finally, Scotiabank downgraded shares of Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 target price for the company. in a research report on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $143.33.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of the business’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total value of $494,700.00. Following the sale, the director now owns 8,413 shares in the company, valued at approximately $1,224,091.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.39% of the company’s stock.

Digital Realty Trust Stock Down 1.5 %

DLR opened at $136.43 on Wednesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.14 and a current ratio of 1.14. Digital Realty Trust, Inc. has a fifty-two week low of $86.33 and a fifty-two week high of $154.18. The firm’s fifty day moving average is $142.69 and its 200 day moving average is $135.76. The stock has a market cap of $42.61 billion, a price-to-earnings ratio of 45.93, a price-to-earnings-growth ratio of 3.15 and a beta of 0.54.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is 164.31%.

Digital Realty Trust Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.