Cibc World Markets Corp Has $24.94 Million Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Cibc World Markets Corp grew its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 13.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 140,648 shares of the real estate investment trust’s stock after purchasing an additional 16,600 shares during the quarter. Cibc World Markets Corp’s holdings in Digital Realty Trust were worth $24,941,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in DLR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Digital Realty Trust by 501.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock valued at $700,224,000 after purchasing an additional 3,607,802 shares during the period. Point72 Asset Management L.P. acquired a new stake in Digital Realty Trust during the 3rd quarter worth $132,980,000. Raymond James Financial Inc. acquired a new stake in Digital Realty Trust during the 4th quarter worth $125,336,000. National Pension Service raised its stake in Digital Realty Trust by 88.8% during the 4th quarter. National Pension Service now owns 788,426 shares of the real estate investment trust’s stock worth $139,812,000 after buying an additional 370,835 shares during the period. Finally, Proficio Capital Partners LLC acquired a new stake in Digital Realty Trust during the 4th quarter worth $38,428,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 1.7 %

Digital Realty Trust stock opened at $148.41 on Monday. Digital Realty Trust, Inc. has a 52 week low of $135.54 and a 52 week high of $198.00. 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 stock has a market capitalization of $49.96 billion, a P/E ratio of 91.61, a PEG ratio of 4.38 and a beta of 0.65. The stock has a 50-day simple moving average of $165.62 and a 200 day simple moving average of $170.04.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $1.22 per share. The ex-dividend date is Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.29%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 301.23%.

Analyst Ratings Changes

DLR has been the topic of several research analyst reports. Barclays raised their price objective on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research note on Monday, November 18th. JPMorgan Chase & Co. raised their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and increased their target price for the stock from $147.00 to $205.00 in a report on Tuesday, January 7th. Finally, Wells Fargo & Company lowered their target price on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a 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. According to MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $180.11.

Digital Realty Trust Profile

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.