L & S Advisors Inc Increases Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

L & S Advisors Inc raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,876 shares of the real estate investment trust’s stock after purchasing an additional 765 shares during the quarter. Digital Realty Trust accounts for approximately 1.2% of L & S Advisors Inc’s holdings, making the stock its 15th biggest position. L & S Advisors Inc’s holdings in Digital Realty Trust were worth $10,972,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Stolper Co increased its stake in shares of Digital Realty Trust by 0.5% in the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock worth $2,243,000 after purchasing an additional 64 shares in the last quarter. Bleakley Financial Group LLC increased its stake in Digital Realty Trust by 1.5% in the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust’s stock worth $769,000 after buying an additional 64 shares in the last quarter. TD Private Client Wealth LLC lifted its position in shares of Digital Realty Trust by 6.6% in the third quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust’s stock valued at $176,000 after acquiring an additional 67 shares in the last quarter. Catalina Capital Group LLC boosted its stake in Digital Realty Trust by 3.1% in the 4th quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust’s stock worth $424,000 after purchasing an additional 72 shares during the period. Finally, Sound Income Strategies LLC lifted its position in shares of Digital Realty Trust by 25.9% in the fourth quarter. Sound Income Strategies LLC now owns 355 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 73 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 2.0 %

Shares of NYSE:DLR opened at $142.10 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The firm has a market capitalization of $47.84 billion, a P/E ratio of 87.71, a P/E/G ratio of 4.38 and a beta of 0.65. The business’s 50-day moving average is $160.10 and its 200 day moving average is $169.75. Digital Realty Trust, Inc. has a 1 year low of $135.54 and a 1 year high of $198.00.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share 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, research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued 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 3.43%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 301.23%.

Analyst Ratings Changes

DLR has been the topic of several recent research reports. Barclays decreased their price objective on Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating on the stock in a report on Thursday, March 20th. Mizuho dropped their price target on Digital Realty Trust from $211.00 to $177.00 and set an “outperform” rating for the company in a research report on Friday. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their price objective for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. JMP Securities reissued a “market outperform” rating and set a $220.00 target price on shares of Digital Realty Trust in a research report on Tuesday, February 18th. Finally, Citizens Jmp upgraded Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $180.32.

Digital Realty Trust Company 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.