Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC raised its position in Digital Realty Trust, Inc. (NYSE:DLR) by 20.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,141 shares of the real estate investment trust’s stock after purchasing an additional 3,756 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Digital Realty Trust were worth $3,926,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Bcwm LLC acquired a new stake in Digital Realty Trust in the 4th quarter valued at approximately $8,109,000. Physician Wealth Advisors Inc. bought a new position in shares of Digital Realty Trust in the fourth quarter worth $101,000. Summit Securities Group LLC acquired a new position in shares of Digital Realty Trust during the fourth quarter valued at $337,000. Schroder Investment Management Group lifted its holdings in Digital Realty Trust by 16.6% in the fourth quarter. Schroder Investment Management Group now owns 1,221,433 shares of the real estate investment trust’s stock worth $215,241,000 after purchasing an additional 173,519 shares during the period. Finally, L & S Advisors Inc increased its stake in Digital Realty Trust by 1.3% during the 4th quarter. L & S Advisors Inc now owns 61,876 shares of the real estate investment trust’s stock valued at $10,972,000 after buying an additional 765 shares during the period. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

DLR stock opened at $148.89 on Thursday. The company has a market capitalization of $50.12 billion, a price-to-earnings ratio of 91.91, a P/E/G ratio of 4.38 and a beta of 0.65. The firm has a 50 day moving average of $157.98 and a two-hundred day moving average of $169.56. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a 12 month low of $135.54 and a 12 month high of $198.00.

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

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date was Friday, March 14th. Digital Realty Trust’s payout ratio is 301.23%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, February 14th. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and raised their target price for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Barclays dropped their price target on shares of Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating on the stock in a research report on Thursday, March 20th. JMP Securities reiterated a “market outperform” rating and issued a $220.00 target price on shares of Digital Realty Trust in a report on Tuesday, February 18th. Finally, Truist Financial reduced their target price on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a report on Monday, March 10th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $184.33.

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.