Natixis Investment Managers International Purchases 256 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Natixis Investment Managers International grew its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 26.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,221 shares of the real estate investment trust’s stock after acquiring an additional 256 shares during the quarter. Natixis Investment Managers International’s holdings in Digital Realty Trust were worth $176,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Digital Realty Trust by 2.0% during the first quarter. Vanguard Group Inc. now owns 48,503,593 shares of the real estate investment trust’s stock worth $6,986,458,000 after buying an additional 951,567 shares during the period. Norges Bank purchased a new stake in shares of Digital Realty Trust during the fourth quarter valued at $2,141,890,000. Principal Financial Group Inc. boosted its stake in shares of Digital Realty Trust by 1.7% during the fourth quarter. Principal Financial Group Inc. now owns 5,829,206 shares of the real estate investment trust’s stock valued at $784,495,000 after purchasing an additional 97,509 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Digital Realty Trust by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,236,434 shares of the real estate investment trust’s stock valued at $435,559,000 after purchasing an additional 85,262 shares during the period. Finally, Centersquare Investment Management LLC boosted its stake in shares of Digital Realty Trust by 1.3% during the first quarter. Centersquare Investment Management LLC now owns 2,600,217 shares of the real estate investment trust’s stock valued at $360,858,000 after purchasing an additional 34,516 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Down 2.8 %

Shares of DLR traded down $4.29 during mid-day trading on Thursday, hitting $147.37. 2,420,910 shares of the company traded hands, compared to its average volume of 1,906,105. Digital Realty Trust, Inc. has a 1-year low of $113.94 and a 1-year high of $162.58. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $46.04 billion, a PE ratio of 40.94, a price-to-earnings-growth ratio of 11.30 and a beta of 0.59. The business has a 50 day moving average of $149.53 and a 200 day moving average of $144.32.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a dividend of $1.22 per share. The ex-dividend date was Friday, June 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.31%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.

Analyst Ratings Changes

DLR has been the subject of a number of recent analyst reports. Mizuho initiated coverage on shares of Digital Realty Trust in a research note on Thursday, July 11th. They set an “outperform” rating and a $170.00 target price for the company. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Digital Realty Trust from $143.00 to $145.00 and gave the company a “hold” rating in a research note on Thursday, May 30th. The Goldman Sachs Group assumed coverage on shares of Digital Realty Trust in a research note on Monday, July 1st. They set a “buy” rating and a $175.00 target price for the company. HSBC lifted their price objective on Digital Realty Trust from $115.00 to $118.00 and gave the company a “reduce” rating in a report on Friday, May 3rd. Finally, Barclays lifted their price objective on Digital Realty Trust from $123.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $152.30.

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.