9,716 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 9,716 shares of the real estate investment trust’s stock, valued at approximately $1,723,000.

Several other institutional investors also recently bought and sold shares of DLR. Sierra Ocean LLC bought a new stake in Digital Realty Trust during the 4th quarter valued at about $29,000. FNY Investment Advisers LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter worth approximately $35,000. Versant Capital Management Inc grew its stake in shares of Digital Realty Trust by 480.6% in the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 173 shares during the period. Centricity Wealth Management LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter worth approximately $37,000. Finally, First Financial Corp IN bought a new stake in shares of Digital Realty Trust in the fourth quarter worth approximately $42,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.17% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. Stifel Nicolaus lifted their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. StockNews.com lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 22nd. Finally, Wells Fargo & Company cut their target price on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and an average target price of $180.11.

Digital Realty Trust Price Performance

DLR stock opened at $145.50 on Tuesday. Digital Realty Trust, Inc. has a one year low of $135.54 and a one year high of $198.00. The company’s fifty day moving average price is $168.03 and its 200-day moving average price is $170.12. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The company has a market capitalization of $48.98 billion, a PE ratio of 89.82, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. On average, equities 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 declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend is Friday, March 14th. Digital Realty Trust’s dividend payout ratio is presently 301.23%.

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.